Market Overview
Home Prices in Lincoln Park, MI
The median home value in Lincoln Park, MI is $156,458 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.2% compared to a year ago and up 3.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lincoln Park are priced62% below average. Lincoln Park is part of the Detroit-Warren-Dearborn, MI metro area.
Over the past five years, Lincoln Park home values have risen by approximately26.1%, reflecting strong long-term appreciation in this market.
Price History
Lincoln Park Home Price Trend
City Comparison
Lincoln Park vs. National Median
At $156,458, homes in Lincoln Park cost 62% below the national median of $410,000. This makes Lincoln Park a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lincoln Park?
20% Down Payment
$31,292
on $156,458
Monthly P&I
$816/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,036/mo
incl. taxes & insurance
Income Needed
$41,440
gross annual (30% rule)
10% Down Option
$15,646
+ PMI applies
Loan Amount (20% dn)
$125,166
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Lincoln Park, MI?
The median home value in Lincoln Park is $156,458 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.2% year-over-year.
How much have home prices changed in Lincoln Park?
Over the past year, home values in Lincoln Park have increased by 2.2%. Over five years, prices have risen approximately 26.1%.
How much do I need to earn to buy a home in Lincoln Park?
To comfortably afford the median home price of $156,458 with a 20% down payment ($31,292) at today's rates (6.8%), you'd need a gross annual income of approximately $41,440. This assumes keeping total housing costs at or below 30% of gross income.
How does Lincoln Park compare to the national average home price?
The national median home value is approximately $410,000. At $156,458, homes in Lincoln Park are 62% below the national average.
What metro area is Lincoln Park part of?
Lincoln Park is part of the Detroit-Warren-Dearborn, MI metropolitan area. Home prices and market conditions can vary across the broader metro region.