Quick answer: Over the three months ending September 2026, the median Lincolnwood home sold for about $575,000, down 2.0% from a year earlier. Homes sold in a median of 62 days, at about 98.6% of list price, and 28% sold for more than asking (Redfin, MLS & public records). Here’s what that means if you’re selling or buying in Lincolnwood.
Lincolnwood home values at a glance
| Lincolnwood (all home types) | September 2026 |
|---|---|
| Median sale price | $574,726 (−2.0% vs. last year, 3 months ending Sep) |
| Homes sold in the month | 29 (28 a year earlier) |
| Median days on market | 62 days (6 days slower) |
| Sale-to-list price | 98.6% (−0.8 pts) |
| Sold above asking | 27.6% (−11.7 pts) |
| Homes with price drops | 23.2% |
| Median price per square foot | $266 (down 12.9%) |
Source: Redfin market data for Lincolnwood (based on MLS and public records), all home types, September 2026. Figures are market-wide, not specific to any one property.
How Lincolnwood compares with its neighbors
Lincolnwood’s median ($574,726) is higher than Skokie, Morton Grove or Niles, but it is the one nearby market where prices slipped: down 2.0% from a year ago. Homes are taking 62 days to sell, six days longer than last year, and about one in four listings (23.2%) had a price cut. Lincolnwood is a small village with few sales each month (29 in September), so its median moves more from month to month than in larger towns.
- Skokie home values: median $467,777 (+0.6% vs. last year)
- Morton Grove home values: median $471,775 (+4.8% vs. last year)
- Niles home values: median $418,801 (+13.0% vs. last year)
What’s driving value in Lincolnwood
- Home type. Lincolnwood is mostly single-family: brick ranches, split-levels and Georgians, plus larger custom homes, especially in the Lincolnwood Towers area. Which of those sold in a given month moves the median.
- Location within Lincolnwood. Access to the Edens Expressway, Touhy, Devon and Lincoln Avenue, and proximity to Proesel Park and the Town Center all affect what buyers will pay.
- Schools. Lincolnwood School District 74 and Niles West High School (District 219) are a major draw for families moving from Chicago’s North Side.
- Condition and updates. With most homes selling a little under list, move-in-ready homes stand out and original-condition homes get negotiated.
- Taxes and carrying costs. Cook County property taxes vary from home to home, and buyers compare them closely. Knowing yours up front helps you price correctly.
If you’re selling in Lincolnwood
Buyers are negotiating in Lincolnwood right now, so pricing correctly from day one matters more than in neighboring towns: overpriced homes sit, then sell for less after a price cut. My guide to selling a house in Lincolnwood covers the timeline and costs. Get a free, no-pressure home value estimate to see where yours fits.
If you’re buying in Lincolnwood
You have more room to negotiate in Lincolnwood than in most nearby towns: the typical home sold for 98.6% of its list price. Well-priced, updated homes still draw multiple offers, so know the recent sales on the block before you bid.
Frequently asked questions
What is the median home price in Lincolnwood, IL?
About $575,000 over the three months ending September 2026 (Redfin, all home types), down 2.0% from a year earlier.
Are Lincolnwood home prices going up?
Not at the moment. As of September 2026 the Lincolnwood median price was 2.0% lower than a year earlier, and 23.2% of listings had a price cut. With so few sales each month, the number can change quickly.
How fast do homes sell in Lincolnwood?
The median home sold in about 62 days in September 2026 (6 days slower than a year ago).
Is Lincolnwood a competitive market?
Redfin rates Lincolnwood somewhat competitive: homes get about 5 offers on average, and 28% sold above list price.
Al Kolovic is a Licensed Managing Broker with CENTURY 21 Circle, 3372 W Devon Ave, Lincolnwood, with $80M+ in career sales and 170+ homes sold across Chicago and the North Shore. Questions about your Lincolnwood home? Call or text 847-561-8987.
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