Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 7,893 people, 3,097 houses or apartments, and a median cost of homes of $683,407, Lincolnshire house prices are not only among the most expensive in Illinois, Lincolnshire real estate also is some of the most expensive in all of America.
Single-family detached homes are the single most common housing type in Lincolnshire, accounting for 52.25% of the village's housing units. Other types of housing that are prevalent in Lincolnshire include large apartment complexes or high rise apartments ( 38.36%), row houses and other attached homes ( 8.84%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Lincolnshire. Owner-occupied housing accounts for 78.88% of Lincolnshire's homes, and 48.67% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Lincolnshire built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Lincolnshire built between 2000 and later ( 32.64%). A lesser amount of the housing stock also hails from between 1940-1969 ( 17.53%).
Lincolnshire's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Lincolnshire during the period has been just 0.95%, which is lower than 80% of US communities.
Over the last year, Lincolnshire appreciation rates have trailed the rest of the nation. In the last twelve months, Lincolnshire's appreciation rate has been 2.07%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Lincolnshire were at 1.05%, which equates to an annual appreciation rate of 4.27%.
Relative to Illinois, our data show that Lincolnshire's latest annual appreciation rate is lower than 60% of the other cities and towns in Illinois.
Value Range | |
---|---|
> $1,052,000 | 9.6 |
$789,001 - $1,052,000 | 13.6 |
$526,001 - $789,000 | 38.8 |
$421,001 - $526,000 | 13.9 |
$316,001 - $421,000 | 14.8 |
$210,001 - $316,000 | 5.4 |
$105,001 - $210,000 | 2.0 |
$53,001 - $105,000 | 0.9 |
$0 - $53,000 | 0.9 |
Value Relative to Nation | Value Relative to State |
---|---|
3.86569343065693 | 1.77215189873418 |
Homeownership | |
---|---|
Owners | 78.88 |
Renters | 21.12 |
Vacant | 5.26 |
AGE OF Lincolnshire HOMES | |
---|---|
2000 or Newer | 32.6 |
1970 - 1999 | 49.3 |
1940 - 1969 | 17.5 |
1939 or Older | 0.5 |
TYPE OF Lincolnshire HOMES | |
---|---|
Single-Family | 52.2 |
Townhomes | 8.8 |
Small Apt. Buildings | 0.6 |
Apt. Complexes | 38.4 |
Mobile Homes | 0.0 |
Other | 0.0 |
SIZE OF Lincolnshire HOMES | |
---|---|
No Bedroom | 1.90 |
1 Bedroom | 6.24 |
2 Bedrooms | 36.46 |
3 Bedrooms | 17.47 |
4 Bedrooms | 31.20 |
5 or more bedrooms | 6.73 |