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Housing in Lincoln

201 homes sold in Lincoln in the last year, at a typical $384K

Redfin reports Lincoln’s sales by ZIP code, so these figures are for ZIP 54521, which takes in Lincoln and the area around it. Almost every sale is a house. Below: what each kind of home sells for, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Lincoln homes are listed.

Homes sold
201
ZIP 54521 · October 2025 to September 2026
Typical sale price
$384K
median, weighted by sales
Price per square foot
$240
Wisconsin $195
Paid vs. asking
96.7%
15% sold over asking
For sale now
94
September 2026 · 29 sold that month
What sold · last 12 months · ZIP 54521

Houses are 0% of Lincoln’s sales, at a typical — (year to May 2026)

201 homes sold in the year to September 2026.

14 years of sales

About as many homes sell as usual, at twice the 2016 price

201 sales in the last year, against 305 in 2020 and a low of 139 in 2012. The typical sale went from $180K in 2016 to $384K.

Homes soldTypical sale price
087175262350$200K$300K$400K$500K2012: 139 sold, typical $163K’122013: 193 sold, typical $155K2014: 177 sold, typical $150K’142015: 186 sold, typical $172K2016: 202 sold, typical $180K’162017: 204 sold, typical $171K2018: 241 sold, typical $204K’182019: 207 sold, typical $197K2020: 305 sold, typical $256K’202021: 297 sold, typical $274K2022: 226 sold, typical $306K’222023: 164 sold, typical $349K2024: 162 sold, typical $387K’242025: 175 sold, typical $396KLast 12 months: 201 sold, typical $384KNow

Source: Redfin Data Center, MLS sales; for ZIP 54521, which takes in Lincoln and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What the sales history says · 14 years of sales

Bidding wars in Lincoln are more common than before the pandemic, with about as many homes for sale

We read every month of home sales in ZIP 54521 since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 201 sales.

If you’re buying in Lincoln

  • Shop in August. It brings about 27 new listings a month, close to the busiest month, with fewer bidding wars (21% over asking).
  • Offer under asking. Buyers paid 96.7% of the list price on average; 15% paid over.
  • You’ll usually have time. Only 40% of homes go under contract within two weeks; the typical one takes 66 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

July has the most new listings (about 30 a month), and the most competition: 24% close over asking. January has the least competition (12%) but only about 9 new listings.

New listings a monthShare sold over asking
07.51522.53013%27%40%Sweet spotJan: 9 new listings a month, 12% sold over asking, 129 days to sellJFeb: 9 new listings a month, 14% sold over asking, 132 days to sellFMar: 12 new listings a month, 14% sold over asking, 136 days to sellMApr: 16 new listings a month, 14% sold over asking, 135 days to sellAMay: 24 new listings a month, 17% sold over asking, 127 days to sellMJun: 29 new listings a month, 22% sold over asking, 106 days to sellJJul: 30 new listings a month, 24% sold over asking, 90 days to sellJAug: 27 new listings a month, 21% sold over asking, 79 days to sellASep: 22 new listings a month, 19% sold over asking, 85 days to sellSOct: 18 new listings a month, 16% sold over asking, 95 days to sellONov: 13 new listings a month, 15% sold over asking, 104 days to sellNDec: 9 new listings a month, 13% sold over asking, 114 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Wisconsin

Lincoln now2017–192021 peakWI now
Sold over askingShare of sales that closed above the list price15%5%33%35%
Gone within two weeksShare of homes under contract within 14 days40%2%3%44%
Price paid vs. askingAverage sale price ÷ list price96.7%94%99.1%99.2%
Days to sellMedian days from listing to contract661288453
Supply

72 homes for sale on a typical day

That’s 1.6 times the 2023 low (47), 13% fewer than in 2017–19 and well under 2012’s 123.

2012: 123 for sale’122013: 105 for sale2014: 99 for sale2015: 101 for sale’152016: 96 for sale2017: 90 for sale2018: 82 for sale’182019: 76 for sale2020: 90 for sale2021: 65 for sale’212022: 60 for sale2023: 47 for sale2024: 60 for sale’242025: 66 for saleLast 12 months: 72 for saleNow

Source: Redfin Data Center, ZIP code tracker; for ZIP 54521, which takes in Lincoln and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to September 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Lincoln home costs about $2,205 a month

Mortgage
Property tax
Insurance
Rent

Price: Lincoln’s typical sale, last 12 months. Property tax at Lincoln’s 0.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Lincoln is affordable on local pay is on Cost of living.

Before you buy in Lincoln

Six things worth knowing

30

New listings in July

The month with the most choice. January has the fewest, about 9.

Best time to buy
0.6%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $384K home, about $2,410 a year.

Taxes vs. neighbors
B−

Schools

The schools grade for Lincoln, from test results, graduation and how much students grow.

Schools in Lincoln
21 min

Typical commute

The average one-way trip to work for people who live in Lincoln.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Eagle River and Rhinelander sell for less a square foot

The busier markets within 25 miles of Lincoln, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Lincoln (ZIP 54521)201$384K$24015%66
Rhinelander97$178K$12423%56
Eagle River42$263K$19615%64

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Lincoln, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Lincoln. People who follow the town see it, and so do people comparing Lincoln with their own town. No commission, no listing fee.

Questions about buying a home in Lincoln

What do homes sell for in Lincoln, WI?

201 homes sold in the year to September 2026 at a typical $384K, $240 a square foot.

Is Lincoln a buyer’s or seller’s market?

A seller’s market: 94 homes were for sale in September 2026 and 29 sold, about 3.2 months of supply. Buyers paid 96.7% of asking on average.

When is the best time to buy in Lincoln?

July brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Lincoln?

About 0.6% of a home’s value a year. On a $384K home that’s near $2,410.

Where can I see homes for sale in Lincoln?

Zillow, Redfin, Realtor.com and Homes.com all carry Lincoln’s MLS listings; the search links above open each one filtered to Lincoln.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 54521, which takes in Lincoln and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).