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LINCOLN, IL 62656

Real Estate Market Report  ·  Logan County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
56
⇧ 21.7% vs 46 last year
Pending
28
50% pending ratio
Median Price
$148,950
⇧ 12.6% vs $132,250 last year
Average Price
$198,854
⇧ 28.4% vs $154,849 last year
Days on Market
83
⇧ 29.7% vs 64 days last year

Market Context

Population: 18,216  ·  Density: 49.2/mi²  ·  Median household income: $57,379

Typical home value: $119,302  ·  Homeownership: 65.7%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The LINCOLN, IL real estate market (62656) currently shows 56 active listings, with 28 pending sales. Homes are averaging 83 days on the market before going under contract.

Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 83 days on market compared to 64 days last year.

The median listing price has risen 12.6% year-over-year, from $132,250 to $148,950.

Whether you are buying or selling in LINCOLN, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 56 this year vs 46 last year
  • Days on market: 83 now vs 64 last year

Median & Average Pricing

Year over Year
  • Median: $148,950 (+12.6% YoY)
  • Average: $198,854 (+28.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.8 miles — 90 listings ($21,478,265 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62656Lincoln, IL 626560.0 mi56$11,135,824$148,950$198,854
62512Beason, IL 625128.6 mi0$0$535,000$535,000
61723Atlanta, IL 617239.9 mi1$195,000$195,000$195,000
62518Chestnut, IL 6251811.1 mi1$219,000$219,000$219,000
62519Cornland, IL 6251914.6 mi1$190,000$190,000$190,000
62693Williamsville, IL 6269315.0 mi2$499,900$249,950$249,950
61754McLean, IL 6175417.1 mi4$2,890,000$722,500$722,500
61734Delavan, IL 6173418.3 mi6$1,655,400$297,500$275,900
62613Athens, IL 6261319.1 mi7$2,223,641$127,450$317,663
62515Buffalo, IL 6251519.6 mi2$300,000$150,000$150,000
62664Mason City, IL 6266419.6 mi2$334,800$167,400$167,400
62561Riverton, IL 6256120.2 mi6$1,439,700$240,000$239,950
61774Stanford, IL 6177421.8 mi2$395,000$197,500$197,500

Frequently Asked Questions

How many homes are for sale in LINCOLN, IL 62656?

As of January 2026, there are 56 active listings in LINCOLN, IL (zip code 62656), compared to 46 the prior year.

What is the median home price in LINCOLN, IL 62656?

The median listing price in LINCOLN, IL 62656 is $148,950 as of January 2026, a 12.6% increase from $132,250 the prior year.

How long do homes stay on the market in LINCOLN, IL?

Homes in LINCOLN, IL 62656 spend an average of 83 days on the market before going under contract, compared to 64 days the prior year.

Is it a seller's or buyer's market in LINCOLN, IL 62656?

Based on current inventory and days-on-market data as of January 2026, LINCOLN, IL 62656 is currently a Buyer's Market. Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 83 days on market compared to 64 days last year.

How much can I save on real estate commission in LINCOLN, IL?

With SELL123.com's maximum 3% commission, sellers in LINCOLN, IL 62656 save an estimated $2,979 compared to a typical 5% commission on the median listing price of $148,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.