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Lincolnshire, IL
Full City Profile · Illinois · Lake County County
3.9
/5.0
B+
Good
7,937
Population
1,737/sq mi density
$179,735
Median Income
$96,420 per capita
$625,800
Home Value
$714,013 Zillow
$2,655
Median Rent
45.3% income on rent
51°F
Avg Temperature
260 sunny days/yr
96
Violent Crime/100K
550 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$179,735 median income, 0.9% unemployment
A+
Affordability
4.7 / 5.0
$625,800 home value, $2,655/mo rent
F
Safety
1.0 / 5.0
96 violent crimes/100K
A+
Education
5.0 / 5.0
76.7% bachelor's degree or higher
Housing Overview
Median Home Value
$625,800
122% above
US avg: $281,900
Median Rent
$2,655/mo
128% above
US avg: $1,163/mo
Homeownership Rate
81.3%
24% above US avg (65.4%)
Total Housing Units
3,523
Median year built: 1992
Home Value by Source
Census Median
$625,800
Zillow (ZHVI)
$714,013
Median Sale Price
$990,000
Median List Price
$705,490
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
81.3%
Owner-Occupied
18.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent:
$2,655/mo
Market Indicators (Redfin)
Median Days on Market
38 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
7
Price Drops
3.9%
of listings with price reduction
Price Per Sq Ft
$303
Active Inventory
26
homes for sale
Affordability & Housing Stock
Rent Burden
45.3%
of renters spending 30%+ of income on housing
46% above US avg (31.0%)
Median Year Built
1992
Average age of housing stock: 34 years
Homeownership Rate
81.3%
Complete Housing Data
Home Values
| Census Median Value | $625,800 |
| Zillow Home Value (ZHVI) | $714,013 |
| Median Sale Price | $990,000 |
| Median List Price | $705,490 |
| Price Per Sq Ft | $303 |
Rent
| Census Median Rent | $2,655 |
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
| Days on Market | 38 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 3.9% |
| Homes Sold | 7 |
| Active Inventory | 26 |
| Price Per Sq Ft | $303 |
Ownership & Stock
| Owner-Occupied | 81.3% |
| Renter-Occupied | 18.7% |
| Homeownership Rate | 81.3% |
| Total Housing Units | 3,523 |
| Median Year Built | 1992 |
| Rent Burden | 45.3% |