ZIP Code Market Report
62656 — Lincoln, IL
Data through February 2026 · Updated monthly
Avg Home Value
$129,731
▲ 7.3% year-over-year
Month-over-Month
+1.1%
▲ 1.1%
Single Family
$127,239
Condo / Co-op
--
The average home value in the 62656 ZIP code (Lincoln, ILLINOIS) is $129,731 as of February 2026. Home prices are rising, up 7.3% compared to last year.
The market in 62656 has a $143,627 spread between bottom-tier homes at $72,951 and top-tier homes at $216,577. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
Looking ahead, Zillow's forecast model projects home values in the 62656 ZIP code will increase 1.2% over the next 12 months, bringing the projected average to approximately $131,288. This modest projected change should be factored into any investment analysis for properties in this area.
This report is part of the Logan County market area in ILLINOIS. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Logan County report.
Free Home Value Estimate
What's your home worth in 62656 (Lincoln)?
Get a free estimate based on recent sales and market data in your neighborhood. See how your home compares.
Free · Takes 30 seconds · Based on real sale data
Market Snapshot
62656 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $128,393 | $128,377 | $129,731 | ▲ 1.0% |
| Single Family Value | $124,636 | $126,077 | $127,239 | ▲ 2.1% |
Home Values
62656 Home Value Trend
Historical home values for ZIP code 62656. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
Property Types
Home Values by Property Type in 62656
How different property types compare in this ZIP code.
All Homes
$129,731
Single Family
$127,239
Bottom Tier
$72,951
Top Tier
$216,577
Forecast
12-Month Home Value Forecast for 62656
Zillow projects home values in 62656 will increase 1.2% over the next year, reaching approximately $131,288.
Current Value
$129,731
Projected Change
+1.2%
▲ 1.2%
Projected Value
$131,288
Source: Zillow Home Value Forecast (ZHVF). Forecasts are not guarantees.
Data Sources and Methodology
Home value data for ZIP code 62656 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
Investing in Lincoln?
Run your ARV and MAO instantly with live market data