Explore Lincolnwood, IL - Market Insights, Demographics, Crime, Trends & Hotspots

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Median Price
$520,000

Market Insights

With only 1.6 months of inventory, Lincolnwood remains a seller's market. Home prices have decreased 5.4% in the past month. At the current pace, all available homes in Lincolnwood would sell out in just 1.6 months, indicating a continued supply shortage. Homes are now taking an average of 110 days to sell, significantly longer than the 20 days typical for this market. A significant 21.4% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 33.3% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Lincolnwood market with the affordability index at 234.7. Based on current market indicators, home prices in Lincolnwood are projected to decrease by approximately 3.6% over the next month.

Demographics market for - Lincolnwood, IL

Total Population -

12,551

White Population

66.42%

Black Population

1.61%

Mexican52.51% (3.25% of total population)
Puerto Rican1.16% (0.07% of total population)
Cuban4.25% (0.26% of total population)
Dominican0%
Salvadoran0%
Costa Rican5.53% (0.34% of total population)
Gautemalan5.28% (0.33% of total population)
Honduran0%
Nicaraguan2.57% (0.16% of total population)
Panamanian0%
Argentinean5.53% (0.34% of total population)
Bolivian9.78% (0.61% of total population)
Chilean0%
Colombian6.56% (0.41% of total population)
Ecuadorian2.06% (0.13% of total population)
Peruvian2.70% (0.17% of total population)
Uruguyan0%
Venezuelan2.06% (0.13% of total population)

Indian 144.66% (8.96% of total population)
Bangladeshi 5.79% (0.36% of total population)
Chinese 39.64% (2.45% of total population)
Bhutanese 0%
Burmese 0%
Filipino 55.08% (3.41% of total population)
Hmong 0%
Indonesian 5.15% (0.32% of total population)
Japanese 32.69% (2.02% of total population)
Korean 18.92% (1.17% of total population)
Laotian 0%
Malaysian 0%
Mongolian 0%
Nepalese 0%
Pakistani 30.37% (1.88% of total population)
Srilankan 0%
Taiwanese 1.29% (0.08% of total population)
Pakistani 30.37% (1.88% of total population)
Srilankan 0%
Taiwanese 1.29% (0.08% of total population)
Thai 5.53% (0.34% of total population)
Vietnamese 45.69% (2.83% of total population)

Hawaiian0%
Samoan0%
Chamorro0%
Fijian0%
Marshallese0%

Crime for - Lincolnwood, IL

Motor Vehicle Theft5.88%
Larceny/Theft Offenses94.12%

Assault Offenses100.00%

Fraud Offenses100.00%

Sex Offenses100.00%

Real Estate Market Prediction for - Lincolnwood, IL

City Hotspots
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