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LINCOLN, IL 62656

Real Estate Market Report  ·  Logan County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The LINCOLN, IL real estate market (62656) currently shows 53 active listings, with 28 pending sales. Homes are averaging 45 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

The median listing price has risen 2.9% year-over-year, from $124,500 to $128,063.

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 Context

Market Context

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

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

Market Overview

Active Listings
53
⇩ 3.6% vs 55 last year
Pending
28
53% pending ratio
Median Price
$128,063
⇧ 2.9% vs $124,500 last year
Average Price
$183,406
⇧ 30.7% vs $140,377 last year
Days on Market
45
vs 45 days last year

Price Per Square Foot

Median $/sqft
$97
⇧ 10.2% vs $88/sqft last year
Median Home Size
1,640 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 53 this year vs 55 last year
  • Days on market: 45 now vs 45 last year

Median & Average Pricing

Year over Year
  • Median: $128,063 (+2.9% YoY)
  • Average: $183,406 (+30.7% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.7 miles — 122 listings ($26,269,821 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62656Lincoln, IL 626560.0 mi53$9,244,101$139,175$174,417
61723Atlanta, IL 617239.9 mi4$944,700$236,175$236,175
62671New Holland, IL 6267110.3 mi1$69,900$69,900$69,900
62635Emden, IL 6263512.1 mi1$200,000$200,000$200,000
62693Williamsville, IL 6269315.0 mi4$835,760$239,900$208,940
61754McLean, IL 6175417.1 mi3$2,576,250$858,750$858,750
61734Delavan, IL 6173418.3 mi6$1,430,880$257,500$238,480
62613Athens, IL 6261319.1 mi8$1,066,736$134,975$133,342
62684Sherman, IL 6268419.6 mi15$4,750,380$328,850$316,692
62539Illiopolis, IL 6253919.8 mi2$80,000$40,000$40,000
61759Minier, IL 6175920.5 mi3$755,700$248,250$251,900
61727Clinton, IL 6172721.9 mi19$4,060,414$155,950$213,706
62551Niantic, IL 6255122.7 mi3$255,000$85,000$85,000

Frequently Asked Questions

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

As of March 2026, there are 53 active listings in LINCOLN, IL (zip code 62656), compared to 55 the prior year.

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

The median listing price in LINCOLN, IL 62656 is $128,063 as of March 2026, a 2.9% increase from $124,500 the prior year.

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

Homes in LINCOLN, IL 62656 spend an average of 45 days on the market before going under contract, compared to 45 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 March 2026, LINCOLN, IL 62656 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

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 $2,561 compared to a typical 5% commission on the median listing price of $128,063. 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.