What is the median home value in Lincolnwood, IL?

The median value of owner-occupied homes in Lincolnwood, IL is $496,400 (±$28,321), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Lincolnwood, the median home value went from $396,100 in 2015–2019 to $496,400 in 2020–2024 (+25.3%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median home value
$496,400 (±$28,321)
Owner-occupied homes
3,874 (±262)
Most common range
$500,000 to $999,999

Home values in Lincolnwood

Owner-occupied homes by value, 2020–2024
ValueLincolnwoodCook CountyIllinoisUnited States
Less than $50,0002.7% (±2.2 points)3.6%5.4%5.3%
$50,000 to $99,9990.3% (±0.5 points)3.1%8.3%6.1%
$100,000 to $149,9991.1% (±1.6 points)5.8%9.7%6.8%
$150,000 to $199,9990.0% (±1.0 points)9.3%11.8%9.0%
$200,000 to $299,9998.7% (±4.0 points)23.2%22.3%17.8%
$300,000 to $499,99938.2% (±6.0 points)33.3%27.7%26.9%
$500,000 to $999,99940.6% (±5.7 points)16.9%12.1%20.9%
$1,000,000 or more8.5% (±4.1 points)4.9%2.7%7.1%

The most common range is $500,000 to $999,999, 40.6% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Lincolnwood against Cook County, its state and the nation

Estimate (90% margin of error)
LincolnwoodCook CountyIllinoisUnited States
Median home value$496,400 (±$28,321)$324,500 (±$1,460)$263,300 (±$797)$332,700
Owner-occupied homes3,874 (±262)1,212,570 (±7,287)3,378,910 (±14,728)84,210,142

In Lincolnwood, the median home value is higher than in Cook County ($324,500).

It is also higher than in Illinois ($263,300).

It is higher than the national figure ($332,700).

In Cook County, Lincolnwood ranks 21 of 148 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 54 of 2,652.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Lincolnwood have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$396,100 (±$15,358)$496,400 (±$28,321)+25.3%No measurable change after inflation
Median owner cost with a mortgage$2,594 (±$141)$3,204 (±$143)+23.5%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Lincolnwood

Nearest places with a published estimate, compared with Lincolnwood
PlaceDistanceMedian home valueCompared with this place
Lincolnwood—$496,400 (±$28,321)—
Skokie2.1 mi$387,200 (±$10,856)Lower
Niles Township2.2 mi$392,000 (±$7,247)Lower
Evanston3.5 mi$481,200 (±$20,236)Not measurably different
Morton Grove3.8 mi$389,100 (±$11,429)Lower
Niles4.2 mi$358,700 (±$7,200)Lower
Golf4.5 mi$954,700 (±$102,295)Higher
Harwood Heights4.6 mi$321,900 (±$22,001)Lower
Wilmette5.0 mi$810,600 (±$43,969)Higher

Nearby places with a measurably lower figure: Skokie, IL ($387,200), Niles Township, IL ($392,000), Morton Grove, IL ($389,100).

Nearby places with a measurably higher figure: Golf, IL ($954,700), Wilmette, IL ($810,600).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Cook County, place by place

RankPlaceMedian home value
15Northbrook$652,300 (±$20,230)
16Northfield Township$636,200 (±$13,107)
17Glenview$609,600 (±$17,410)
18La Grange$594,300 (±$49,120)
19Barrington$582,500 (±$31,693)
20Park Ridge$551,200 (±$22,746)
21Lincolnwood$496,400 (±$28,321)
22Riverside$491,400 (±$32,266)
23Lemont Township$484,400 (±$20,839)
24Evanston$481,200 (±$20,236)
25Lemont$468,800 (±$21,755)
26 (tie)Oak Park$465,500 (±$13,551)
26 (tie)Oak Park Township$465,500 (±$13,551)

Showing 13 of 148 places in Cook County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Lincolnwood

What is the average home value in Lincolnwood, IL?

The Census Bureau publishes the median: $496,400 (±$28,321) for owner-occupied homes in Lincolnwood (2020–2024 American Community Survey).

Have home values in Lincolnwood gone up?

In Lincolnwood, the median home value went from $396,100 in 2015–2019 to $496,400 in 2020–2024 (+25.3%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in Lincolnwood sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Lincolnwood village, Illinois (place:43744, in state:17).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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