How Competitive is the Lincoln Park Housing Market?
Lincoln Park, a neighborhood in Chicago, IL, is a highly competitive housing market. About 69% of homes sold above list price in the 3 months ending June 2026, up 20 percentage points from a year ago.
The National Picture
Nationally, about 25% of homes sold above asking in June 2026 with a median of 50 days on market. Lincoln Park far exceeds that pace—its 69.2% sold-above rate is more than double the national figure, and homes here spend a median of just 33 days on market. Buyers in this area face significantly more pressure than in the typical U.S. market.
Nearly Seven in Ten Homes Sell Above Asking
The average Lincoln Park home sold for 106% of its list price. the highest sale-to-list ratio among major Chicago neighborhoods. About 63% of listings went under contract within two weeks, and bidding wars are the norm rather than the exception. Nearby Lake View (64% sold above, 39 days) shows similar intensity, but Lincoln Park's steeper price point ($885,000 median) means buyers need deeper pockets to compete.
Why is Lincoln Park Highly Competitive?
With just 1.6 months of supply and declining inventory (671 active listings, -9% YoY), buyers face a structural shortage. Pending sales grew 7% year over year, confirming steady buyer demand. Only 6% of listings carry price reductions. one of the lowest rates in the metro. indicating sellers can hold firm on pricing. Days on market shrank 4 days from last year, reflecting an accelerating pace.
Nearby Neighborhoods
| Neighborhood | Sold Above List | Sale-to-List | Days on Market | Off Mkt in 2 Wks |
|---|---|---|---|---|
| Lincoln Park | 69.2% | 106.0% | 33 days | 62.8% |
| Gross Point | 61.6% | 106.4% | 36 days | 69.4% |
| Lake View | 64.2% | 105.0% | 39 days | 64.4% |
| North Center | 69.7% | 105.4% | 34 days | 69.6% |
| Logan Square | 71.4% | 105.4% | 36 days | 59.8% |
| West Town | 62.0% | 103.8% | 37 days | 64.3% |
Limited to neighborhoods with at least 10 home sales in the period.
All data comes from Redfin and represents a three-month rolling average ending June 2026. This article has been generated, in whole or in part, using generative artificial intelligence (AI) technology, with input from Redfin head of economics research Chen Zhao. While efforts have been made to ensure the accuracy and reliability of this information, you should independently verify all data, facts, and citations contained in this article before relying on it for any purpose. This information is not a substitute for advice from a real estate agent, financial advisor, or other licensed professional. Check the Redfin Data Center for additional in-depth housing market data.
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