Lincolnwood
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Lincolnwood Real Estate
The housing stock in Lincolnwood is quite varied, offing a good selection of single-family homes and some attached multi-unit properties. For the most part, the neighborhood streets are lined with well-kept three-bedroom houses on prim lots edged by shrubs, trees and flower beds. Residential architecture spans from classic mid-century split-levels to traditional English cottages. There are modest brick ranches and extravagant Spanish-style mansions. A recent construction boom between 2002 and 2005 saw about 25 building permits per year with new homes averaging around $450,000.
In 2008, the median price for a house or condo in Lincolnwood was a little over $530,000 (more than double the median value of homes in the state of Illinois at that time). Most detached residential real estate currently on the market ranges from $200,000 to two or three million. Attached properties generally cost anywhere from $150,000 to the upper $500,000s, according to what was listed on the market at the time this was written. Lincolnwood has spacious townhouses in gated communities and condominium complexes with outdoor pools and other on-site amenities.
Whether you're looking for a place with a yard to raise a family or a comfortable condo to retire in style, Lincolnwood is a great suburban spot to find that perfect piece of real estate.
Lincolnwood market trends
Average sales price
The average sale price of a home in Lincolnwood is represented by the chart to the right. The red line indicates the average price based on the total time frame selected in the drop-down window. The blue line indicates the average sale price for the particular month within that time frame. For more detailed information on Lincolnwood sign up for the trends report below or contact your Dream Town broker.
Average market time
The average number of days a home in Lincolnwood spends listed for sale is represented by the chart to the right. The red line indicates the average number of days based on the total time frame selected in the drop-down window. The blue line indicates the average number of days a home spent on market during the particular month within that time frame. For more detailed information on average market listing times in Lincolnwood sign up for the trends report below or contact your Dream Town broker.
Sales price vs. list price
The average sale price of a home compared to its listing price in Lincolnwood is represented by the chart to the right. The black line indicates the baseline listing price for homes during the time frame selected in the drop-down. The red line indicates the difference between the average listing price and the average sale price during the particular month within that time frame. For more detailed information on Lincolnwood sign up for the trends report below or contact your Dream Town broker.
Number of listings
The total number of listings in Lincolnwood is represented in the chart to the right. The red line represents average number of days based on the total time frame selected in the drop-down window The blue bar represents the current number of listings during the particular month of that time frame. For more detailed information on Lincolnwood sign up for the trends report below or contact your Dream Town broker.
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Thinking about making a move? Be prepared with a comprehensive look at the area market, delivered directly to your email every month. And don’t forget to contact your Dream Town broker if you’d like to discuss what this data means for your next move!