Lincoln Mortgage Rates & Closing Costs

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  • Trends
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    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Lincoln averaged 6.68% for the week of 2025-04-10, compared to the national average of 6.62% for the same period.

    The average rate for the prior week (2025-04-03) was 6.5% and one month ago for the week of 2025-03-06, the average rate was 6.69%.

    Lincoln's average rate one year ago was 6.58%.

    For refis of the same type during the week of 2025-04-10, the average rate was 6.62%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2025-04-10 6.62%
    Lincoln 30 Year Fixed Rate 2025-04-10 6.68%
    Lincoln 30 Year Fixed Rate Refi 2025-04-10 6.62%
    Lincoln 15 Year Fixed Rate 2025-04-10 6.02%
    Lincoln 15 Year Fixed Rate Refi 2025-04-10 6.12%
    Lincoln 30 Year FHA 2025-04-10 6.23%
    Lincoln 30 Year FHA Refi 2025-04-10 6.23%
    Lincoln 30 Year USDA 2025-04-10 6.35%
    Lincoln 30 Year USDA Refi 2025-04-10 6.65%
    Lincoln 30 Year VA 2025-04-10 6.29%
    Lincoln 30 Year VA Refi 2025-04-10 6.39%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Lincoln, IL.

    Lincoln Top Lenders by Rates & Fees

    The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Lincoln, IL market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    CITIZENS EQUITY FIRST 30 6.50% $1,308
    DAS Acquisition Company, LLC 29 6.72% $3,001
    FIRST STATE MORTGAGE SERVICES, LLC 22 6.66% $2,965
    Heartland Bank and Trust Company 9 6.92% $2,043
    QUICKEN LOANS, LLC 7 7.32% $4,333
    INB 7 6.61% $2,041
    United Community Bank 7 6.91% $1,699
    FLAT BRANCH MORTGAGE, INC. 5 7.02% $2,694
    Morton Community Bank 5 6.93% $2,074
    Bank of Springfield 4 6.49% $3,155
    HEARTLAND 4 6.19% $2,024
    U.S. Bank 3 6.50% $2,568
    Busey Bank 3 6.88% $2,248
    Bankers' Bank 3 6.79% $1,605
    JPMorgan Chase Bank 3 6.58% $3,721
    Ixonia Bank 3 7.13% $4,151
    COMPASS MORTGAGE, INC. 3 6.92% $4,249
    BROKER SOLUTIONS, INC. 2 7.19% $3,985
    AMERISAVE MORTGAGE CORPORATION 2 6.88% $5,326
    Flanagan State Bank 2 7.00% $3,027
    GUARANTEED RATE, INC. 2 6.56% $2,789
    ILLINOIS STATE CREDIT UNION 2 6.25% $1,951
    LOANDEPOT.COM, LLC 2 7.00% $7,771
    Regions Bank 2 7.00% $2,758
    S1L, Inc. 2 6.50% $5,054
    DIAMOND RESIDENTIAL MORTGAGE CORPORATION 1 6.49% $3,173
    Community Mortgage Banc Corporation 1 6.38% $1,724
    Commerce Bank 1 7.50% $2,812
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 6.63% $3,957
    CMG MORTGAGE, INC. 1 6.99% $3,334
    Mr. Cooper ( Nationstar Mortgage ) 1 6.13% $10,449
    NEWREZ LLC 1 7.13% $2,985
    NUMARK CREDIT UNION 1 6.13% $2,266
    PENNYMAC LOAN SERVICES, LLC 1 6.50% $5,989
    POINT Mortgage 1 6.00% $3,427
    Prairie State Bank and Trust 1 6.25% $1,915
    ALLIED MORTGAGE GROUP, INC. 1 7.00% $2,476
    Wells Fargo Bank 1 6.75% $2,960
    ZILLOW HOME LOANS, LLC 1 7.13% $1,364
    Stifel Bank and Trust 1 6.63% $1,789
    The Huntington National Bank 1 6.63% $4,669
    The Loan Store, Inc. 1 8.50% $4,607
    Bank of Pontiac 1 7.00% $3,151
    UNITED WHOLESALE MORTGAGE, LLC 1 6.50% $5,254
    GUILD MORTGAGE COMPANY 1 6.50% $2,719
    First State Bank of St. Charles, Missouri 1 5.13% $2,809
    IAA Credit Union 1 6.00% $1,644
    USAA Federal Savings Bank 1 7.00% $3,148

    Lincoln Average Closing Costs & Other Stats

    Lincoln, IL's 48 lenders originated 524 loans during 2024. The total origination value was $60,260,000, with an average loan value of $115,000.

    Lincoln's average closing costs are $3,224.

    The top Lincoln lender as defined by loan originations is CITIZENS EQUITY FIRST, with 30 loans originated. Their average total fees are $1,308, which is $1,693 lower than the next largest lender, DAS Acquisition Company, LLC.

    The lowest fee Lincoln lenders (with over 10 loans originated) are CITIZENS EQUITY FIRST ($1,308), FIRST STATE MORTGAGE SERVICES, LLC ($2,965), DAS Acquisition Company, LLC ($3,001), .

    The lowest rate Lincoln lenders (with over 10 loans originated) are CITIZENS EQUITY FIRST (6.50%), FIRST STATE MORTGAGE SERVICES, LLC (6.66%), DAS Acquisition Company, LLC (6.72%), .

    Lincoln, IL Mortgage Market Share & Volume

    Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

    Name 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
    CITIZENS EQUITY FIRST $5,120,000 $7,365,000 43.8% 12.2%
    DAS Acquisition Company, LLC $4,840,000 $5,855,000 21.0% 9.7%
    FIRST STATE MORTGAGE SERVICES, LLC $4,890,000 $5,670,000 16.0% 9.4%
    First National Bank in Tremont $3,975,000 $4,715,000 18.6% 7.8%
    QUICKEN LOANS, LLC $1,490,000 $2,140,000 43.6% 3.6%
    Hickory Point Bank and Trust $1,755,000 $2,015,000 14.8% 3.3%
    Mortgage Research Center, LLC $2,310,000 $1,965,000 -14.9% 3.3%
    Heartland Bank and Trust Company $2,340,000 $1,950,000 -16.7% 3.2%
    United Community Bank $1,970,000 $1,805,000 -8.4% 3.0%
    INB $3,825,000 $1,665,000 -56.5% 2.8%
    Regions Bank $1,640,000 $1,395,000 -14.9% 2.3%
    Morton Community Bank $500,000 $1,230,000 146.0% 2.0%
    BROKER SOLUTIONS, INC. $355,000 $1,155,000 225.4% 1.9%
    AMERICAN PACIFIC MORTGAGE CORPORATION $595,000 $1,080,000 81.5% 1.8%
    VILLAGE CAPITAL MORTGAGE $955,000 n/a 1.6%
    Bank of Springfield $595,000 $930,000 56.3% 1.5%
    COMPASS MORTGAGE, INC. $405,000 $885,000 118.5% 1.5%
    JPMorgan Chase Bank $270,000 $835,000 209.3% 1.4%
    S1L, Inc. $820,000 n/a 1.4%
    Merchants Bank of Indiana $805,000 n/a 1.3%
    UNITED WHOLESALE MORTGAGE, LLC $545,000 $640,000 17.4% 1.1%
    PENNYMAC LOAN SERVICES, LLC $75,000 $635,000 746.7% 1.1%
    Ixonia Bank $345,000 $590,000 71.0% 1.0%
    FREEDOM MORTGAGE CORPORATION $215,000 $585,000 172.1% 1.0%
    U.S. Bank $635,000 $570,000 -10.2% 0.9%
    VANDERBILT MORTGAGE AND FINANCE, INC. $520,000 n/a 0.9%
    Bankers' Bank $45,000 $510,000 1,033.3% 0.8%
    GUARANTEED RATE, INC. $190,000 $510,000 168.4% 0.8%
    Busey Bank $500,000 n/a 0.8%
    FLAT BRANCH MORTGAGE, INC. $1,205,000 $465,000 -61.4% 0.8%
    LOANDEPOT.COM, LLC $465,000 n/a 0.8%
    HEARTLAND $170,000 $440,000 158.8% 0.7%
    West Central Bank $65,000 $390,000 500.0% 0.6%
    CHURCHILL MORTGAGE CORPORATION $380,000 n/a 0.6%
    Flanagan State Bank $285,000 $360,000 26.3% 0.6%
    Alliance Community Bank $830,000 $295,000 -64.5% 0.5%
    Carrington Mortgage Services, LLC $85,000 $280,000 229.4% 0.5%
    NAVY FEDERAL CREDIT UNION $360,000 $280,000 -22.2% 0.5%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $270,000 n/a 0.4%
    GUILD MORTGAGE COMPANY $220,000 $270,000 22.7% 0.4%
    USAA Federal Savings Bank $235,000 $270,000 14.9% 0.4%
    Prairie State Bank and Trust $35,000 $260,000 642.9% 0.4%
    Stifel Bank and Trust $255,000 n/a 0.4%
    Mr. Cooper ( Nationstar Mortgage ) $290,000 $245,000 -15.5% 0.4%
    POINT Mortgage $205,000 n/a 0.3%
    The Fisher National Bank $205,000 n/a 0.3%
    DIAMOND RESIDENTIAL MORTGAGE CORPORATION $280,000 $200,000 -28.6% 0.3%
    ILLINOIS STATE CREDIT UNION $115,000 $190,000 65.2% 0.3%
    Security Bank, s.b. $190,000 n/a 0.3%
    Wells Fargo Bank $115,000 $190,000 65.2% 0.3%
    ALLIED MORTGAGE GROUP, INC. $185,000 n/a 0.3%
    Cornerstone First Mortgage, Inc $185,000 n/a 0.3%
    NEW DAY FINANCIAL, LLC $185,000 n/a 0.3%
    PNC Bank $880,000 $185,000 -79.0% 0.3%
    DECATUR EARTHMOVER CREDIT UNION $180,000 n/a 0.3%
    NEWREZ LLC $275,000 $180,000 -34.5% 0.3%
    IAA Credit Union $175,000 n/a 0.3%
    AMERISAVE MORTGAGE CORPORATION $160,000 n/a 0.3%
    The Huntington National Bank $155,000 n/a 0.3%
    Commerce Bank $140,000 n/a 0.2%
    Federated Bank $135,000 n/a 0.2%
    Scott State Bank $135,000 n/a 0.2%
    Prosperity Home Mortgage, LLC $130,000 n/a 0.2%
    CMG MORTGAGE, INC. $125,000 n/a 0.2%
    Goodfield State Bank $115,000 n/a 0.2%
    ROYAL UNITED MORTGAGE LLC $115,000 n/a 0.2%
    Bank of Pontiac $110,000 n/a 0.2%
    CROSSCOUNTRY MORTGAGE, LLC $105,000 n/a 0.2%
    Flagstar Bank, FSB $115,000 $105,000 -8.7% 0.2%
    The Loan Store, Inc. $105,000 n/a 0.2%
    Figure Lending LLC $100,000 n/a 0.2%
    BETTER MORTGAGE CORPORATION $85,000 n/a 0.1%
    NUMARK CREDIT UNION $85,000 n/a 0.1%
    Williamsville State Bank & Trust $85,000 n/a 0.1%
    Plains Commerce Bank $390,000 $75,000 -80.8% 0.1%
    Waterstone Mortgage Corporation $75,000 n/a 0.1%
    ZILLOW HOME LOANS, LLC $65,000 n/a 0.1%
    Discover Bank $35,000 $55,000 57.1% 0.1%
    First State Bank of St. Charles, Missouri $55,000 n/a 0.1%
    Community Mortgage Banc Corporation $35,000 n/a 0.1%
    First National Bank of Pana $135,000 $35,000 -74.1% 0.1%
    Havana National Bank $125,000 $35,000 -72.0% 0.1%
    1ST MIDAMERICA $25,000 n/a 0.0%
    Coastal Community Bank $15,000 n/a 0.0%

    Lincoln's top lender by overall market share is CITIZENS EQUITY FIRST, with 12.2% market share. In second place, with 9.7%, is DAS Acquisition Company, LLC, having originated $5,855,000 in loans. In third place, with 9.4%, is FIRST STATE MORTGAGE SERVICES, LLC, having originated $5,670,000 in loans. In fourth place, with 7.8%, is First National Bank in Tremont, having originated $4,715,000 in loans. In fifth place, with 3.6%, is QUICKEN LOANS, LLC, having originated $2,140,000 in loans.

    Lincoln Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - Lincoln (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $98,175 (18.3%) $119,490 (23.3%) 0.00 156
    2018-02-01 $103,200 (22.9%) $119,063 (21.8%) 0.00 151
    2018-03-01 $104,450 (30.7%) $121,834 (25.3%) 0.00 150
    2018-04-01 $99,450 (32.6%) $122,400 (27.5%) 0.00 147
    2018-05-01 $106,725 (30.8%) $122,321 (20.5%) 0.00 148
    2018-06-01 $99,900 (12.1%) $121,894 (17.4%) 0.00 166
    2018-07-01 $98,250 (14.3%) $119,428 (17.2%) 0.00 188
    2018-08-01 $99,900 (5.4%) $121,981 (9.9%) 0.00 200
    2018-09-01 $101,200 (6.0%) $122,048 (5.4%) 0.00 204
    2018-10-01 $99,975 (8.2%) $124,338 (11.7%) 0.00 196
    2018-11-01 $104,975 (11.6%) $126,711 (11.0%) 0.00 189
    2018-12-01 $108,500 (14.3%) $128,371 (8.5%) 0.00 182
    2019-01-01 $99,950 (1.8%) $124,789 (4.4%) 0.00 180
    2019-02-01 $102,450 (-0.7%) $125,928 (5.8%) 0.00 174
    2019-03-01 $102,614 (-1.8%) $124,777 (2.4%) 0.00 179
    2019-04-01 $97,850 (-1.6%) $124,150 (1.4%) 0.00 184
    2019-05-01 $94,900 (-11.1%) $120,339 (-1.6%) 0.00 186
    2019-06-01 $94,900 (-5.0%) $119,831 (-1.7%) 0.00 193
    2019-07-01 $94,900 (-3.4%) $118,238 (-1.0%) 0.00 190
    2019-08-01 $94,900 (-5.0%) $119,343 (-2.2%) 0.00 193
    2019-09-01 $94,900 (-6.2%) $118,456 (-2.9%) 0.00 202
    2019-10-01 $94,900 (-5.1%) $117,865 (-5.2%) 0.00 207
    2019-11-01 $93,000 (-11.4%) $117,237 (-7.5%) 0.00 194
    2019-12-01 $94,900 (-12.5%) $117,920 (-8.1%) 0.00 187
    2020-01-01 $94,900 (-5.1%) $116,596 (-6.6%) 0.00 171
    2020-02-01 $94,900 (-7.4%) $119,056 (-5.5%) 0.00 170
    2020-03-01 $96,500 (-6.0%) $119,292 (-4.4%) 0.00 172
    2020-04-01 $94,900 (-3.0%) $115,193 (-7.2%) 0.00 169
    2020-05-01 $90,700 (-4.4%) $114,598 (-4.8%) 0.00 151
    2020-06-01 $94,900 (0.0%) $117,123 (-2.3%) 0.00 141
    2020-07-01 $94,800 (-0.1%) $115,669 (-2.2%) 0.00 130
    2020-08-01 $85,000 (-10.4%) $113,635 (-4.8%) 0.00 123
    2020-09-01 $80,175 (-15.5%) $109,481 (-7.6%) 0.00 129
    2020-10-01 $79,900 (-15.8%) $106,821 (-9.4%) 0.00 121
    2020-11-01 $79,900 (-14.1%) $103,783 (-11.5%) 0.00 123
    2020-12-01 $79,900 (-15.8%) $101,726 (-13.7%) 0.00 118
    2021-01-01 $79,900 (-15.8%) $101,278 (-13.1%) 0.00 86
    2021-02-01 $79,900 (-15.8%) $96,623 (-18.8%) 0.00 72
    2021-03-01 $79,900 (-17.2%) $93,959 (-21.2%) 0.00 58
    2021-04-01 $74,200 (-21.8%) $95,365 (-17.2%) 0.00 47
    2021-05-01 $79,900 (-11.9%) $109,617 (-4.4%) 0.00 42
    2021-06-01 $91,675 (-3.4%) $128,809 (10.0%) 0.00 50
    2021-07-01 $114,900 (21.2%) $129,439 (11.9%) 0.00 60
    2021-08-01 $117,400 (38.1%) $124,024 (9.1%) 0.00 52
    2021-09-01 $119,900 (49.6%) $132,785 (21.3%) 0.00 50
    2021-10-01 $114,900 (43.8%) $129,903 (21.6%) 0.00 52
    2021-11-01 $98,650 (23.5%) $110,012 (6.0%) 0.00 44
    2021-12-01 $91,150 (14.1%) $103,822 (2.1%) 0.00 42
    2022-01-01 $89,900 (12.5%) $104,354 (3.0%) 0.00 44
    2022-02-01 $88,675 (11.0%) $109,698 (13.5%) 0.00 36
    2022-03-01 $105,000 (31.4%) $110,165 (17.3%) 0.00 26
    2022-04-01 $134,900 (81.8%) $174,966 (83.5%) 0.00 26
    2022-05-01 $149,500 (87.1%) $173,486 (58.3%) 0.00 33
    2022-06-01 $128,725 (40.4%) $153,411 (19.1%) 0.00 30
    2022-07-01 $122,450 (6.6%) $141,928 (9.7%) 0.00 31
    2022-08-01 $123,725 (5.4%) $148,653 (19.9%) 0.00 32
    2022-09-01 $123,725 (3.2%) $143,334 (7.9%) 0.00 29
    2022-10-01 $100,000 (-13.0%) $142,162 (9.4%) 0.00 41
    2022-11-01 $99,950 (1.3%) $152,832 (38.9%) 0.00 48
    2022-12-01 $102,500 (12.5%) $147,208 (41.8%) 0.00 45
    2023-01-01 $106,225 (18.2%) $152,254 (45.9%) 0.00 39
    2023-02-01 $108,725 (22.6%) $145,259 (32.4%) 0.00 38
    2023-03-01 $117,000 (11.4%) $151,466 (37.5%) 0.00 30
    2023-04-01 $100,000 (-25.9%) $150,571 (-13.9%) 0.00 29
    2023-05-01 $118,925 (-20.5%) $148,165 (-14.6%) 0.00 29
    2023-06-01 $108,450 (-15.8%) $162,263 (5.8%) 0.00 25
    2023-07-01 $125,000 (2.1%) $182,474 (28.6%) 0.00 27
    2023-08-01 $144,700 (17.0%) $183,710 (23.6%) 0.00 38
    2023-09-01 $123,900 (0.1%) $162,948 (13.7%) 0.00 40
    2023-10-01 $116,200 (16.2%) $160,199 (12.7%) 0.00 38
    2023-11-01 $110,950 (11.0%) $152,464 (-0.2%) 0.00 40
    2023-12-01 $112,400 (9.7%) $152,561 (3.6%) 0.00 38
    2024-01-01 $118,500 (11.6%) $162,424 (6.7%) 0.00 31
    2024-02-01 $136,450 (25.5%) $196,699 (35.4%) 0.00 26
    2024-03-01 $140,000 (19.7%) $216,157 (42.7%) 0.00 22
    2024-04-01 $159,900 (59.9%) $228,126 (51.5%) 0.00 26
    2024-05-01 $157,450 (32.4%) $231,286 (56.1%) 0.00 27
    2024-06-01 $154,000 (42.0%) $211,702 (30.5%) 0.00 32
    2024-07-01 $149,950 (20.0%) $207,056 (13.5%) 0.00 37
    2024-08-01 $149,900 (3.6%) $202,707 (10.3%) 0.00 36
    2024-09-01 $160,700 (29.7%) $191,247 (17.4%) 0.00 44
    2024-10-01 $156,975 (35.1%) $172,195 (7.5%) 0.00 47
    2024-11-01 $142,450 (28.4%) $156,652 (2.8%) 0.00 41
    2024-12-01 $141,175 (25.6%) $166,297 (9.0%) 0.00 45
    2025-01-01 $125,000 (5.5%) $145,904 (-10.2%) 0.00 38
    2025-02-01 $131,000 (-4.0%) $158,715 (-19.3%) 0.00 33
    2025-03-01 $124,500 (-11.1%) $141,961 (-34.3%) 0.00 35
    Lincoln's median listing price for 2025-03-01 was $124,500, a difference of $-15,500 (-11.1%) versus the prior year and $-6,500 versus the prior month.

    Lincoln's median listing price comes in at 0% of the national average.

    Lincoln's average listing price for 2025-03-01 was $141,961, a difference of $-74,196 (-34.3%) versus the prior year and $-16,754 versus the prior month.

    For the 2025-03-01 period, Lincoln had 35 MLS listings, a difference of 2 listings (6%) versus the prior month and 13 listings (59%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Lincoln (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,727 sqft
    2018-02-01 0 days 1,761 sqft
    2018-03-01 0 days 1,802 sqft
    2018-04-01 0 days 1,765 sqft
    2018-05-01 0 days 1,753 sqft
    2018-06-01 0 days 1,729 sqft
    2018-07-01 0 days 1,691 sqft
    2018-08-01 0 days 1,716 sqft
    2018-09-01 0 days 1,782 sqft
    2018-10-01 0 days 1,772 sqft
    2018-11-01 0 days 1,759 sqft
    2018-12-01 0 days 1,780 sqft
    2019-01-01 0 days 1,732 sqft
    2019-02-01 0 days 1,745 sqft
    2019-03-01 0 days 1,708 sqft
    2019-04-01 0 days 1,665 sqft
    2019-05-01 0 days 1,675 sqft
    2019-06-01 0 days 1,694 sqft
    2019-07-01 0 days 1,697 sqft
    2019-08-01 0 days 1,688 sqft
    2019-09-01 0 days 1,670 sqft
    2019-10-01 0 days 1,652 sqft
    2019-11-01 0 days 1,640 sqft
    2019-12-01 0 days 1,648 sqft
    2020-01-01 0 days 1,650 sqft
    2020-02-01 0 days 1,660 sqft
    2020-03-01 0 days 1,696 sqft
    2020-04-01 0 days 1,674 sqft
    2020-05-01 0 days 1,648 sqft
    2020-06-01 0 days 1,703 sqft
    2020-07-01 0 days 1,656 sqft
    2020-08-01 0 days 1,632 sqft
    2020-09-01 0 days 1,584 sqft
    2020-10-01 0 days 1,536 sqft
    2020-11-01 0 days 1,568 sqft
    2020-12-01 0 days 1,491 sqft
    2021-01-01 0 days 1,519 sqft
    2021-02-01 0 days 1,535 sqft
    2021-03-01 0 days 1,409 sqft
    2021-04-01 0 days 1,264 sqft
    2021-05-01 0 days 1,292 sqft
    2021-06-01 0 days 1,480 sqft
    2021-07-01 0 days 1,600 sqft
    2021-08-01 0 days 1,606 sqft
    2021-09-01 0 days 1,679 sqft
    2021-10-01 0 days 1,679 sqft
    2021-11-01 0 days 1,614 sqft
    2021-12-01 0 days 1,558 sqft
    2022-01-01 0 days 1,413 sqft
    2022-02-01 0 days 1,409 sqft
    2022-03-01 0 days 1,309 sqft
    2022-04-01 0 days 1,510 sqft
    2022-05-01 0 days 1,753 sqft
    2022-06-01 0 days 1,617 sqft
    2022-07-01 0 days 1,524 sqft
    2022-08-01 0 days 1,529 sqft
    2022-09-01 0 days 1,657 sqft
    2022-10-01 0 days 1,652 sqft
    2022-11-01 0 days 1,596 sqft
    2022-12-01 0 days 1,652 sqft
    2023-01-01 0 days 1,687 sqft
    2023-02-01 0 days 1,615 sqft
    2023-03-01 0 days 1,556 sqft
    2023-04-01 0 days 1,514 sqft
    2023-05-01 0 days 1,721 sqft
    2023-06-01 0 days 1,554 sqft
    2023-07-01 0 days 1,536 sqft
    2023-08-01 0 days 1,562 sqft
    2023-09-01 0 days 1,368 sqft
    2023-10-01 0 days 1,325 sqft
    2023-11-01 0 days 1,295 sqft
    2023-12-01 0 days 1,384 sqft
    2024-01-01 0 days 1,413 sqft
    2024-02-01 0 days 1,650 sqft
    2024-03-01 0 days 1,584 sqft
    2024-04-01 0 days 1,674 sqft
    2024-05-01 0 days 1,516 sqft
    2024-06-01 0 days 1,559 sqft
    2024-07-01 0 days 1,573 sqft
    2024-08-01 0 days 1,653 sqft
    2024-09-01 0 days 1,647 sqft
    2024-10-01 0 days 1,578 sqft
    2024-11-01 0 days 1,562 sqft
    2024-12-01 0 days 1,612 sqft
    2025-01-01 0 days 1,476 sqft
    2025-02-01 0 days 1,584 sqft
    2025-03-01 0 days 1,363 sqft
    Lincoln's median listing age (time on market) for 2025-03-01 was 0 days.

    Lincoln's median square footage for active listings during the 2025-03-01 period was 1,363 sqft. One year prior, the average listing was 1,584 sqft.

    Lincoln, IL Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 341 $44,355,000 $130,073
    Refi 53 $6,515,000 $122,925
    Home Improvement 45 $2,185,000 $48,556
    Cash Out Refi 44 $5,250,000 $119,318
    Other 41 $1,955,000 $47,683

    Lincoln's most frequently cited loan purpose was Home Purchase, with 341 originations. The 2nd most popular reason was Refi, with 53 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 212 $27,060,000 $127,642
    7-8% 103 $13,055,000 $126,748
    Over 8% 74 $5,190,000 $70,135
    5-6% 43 $5,545,000 $128,953
    <2.5% 9 $95,000 $10,556
    4-5% 8 $640,000 $80,000
    3-4% 2 $300,000 $150,000

    During 2024, Lincoln's most frequently originated rate bucket was 6-7%, with 212 originations.

    Loan Sizing (Lincoln, IL MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 256 $15,060,000 $58,828
    $100k-200k 214 $29,730,000 $138,925
    $200k-400k 50 $13,120,000 $262,400
    $400k-600k 3 $1,545,000 $515,000
    $600k-1000k 1 $805,000 $805,000

    Lincoln's loan sizing saw the bucket of loans from $100,000 or less with 256 originations, totaling $15,060,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 245 $34,345,000 $140,184
    60-80% 71 $8,375,000 $117,958
    20-40% 49 $3,265,000 $66,633
    Under 20% 41 $955,000 $23,293
    40-60% 31 $2,455,000 $79,194
    Over 100% 5 $895,000 $179,000

    Lincoln's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 245 originations, totaling $34,345,000 in origination value.