Frequently Asked Questions Why Live in Lincoln Park
Is Lincoln Park a good place to live?
Lincoln Park is a good place to live. Lincoln Park is considered somewhat walkable. Lincoln Park has 2 parks for recreational activities. It has a median age of 34. The average household income is $54,198 which is below the national average. College graduates make up 34.2% of residents. A majority of residents in Lincoln Park are renters, with 65.5% of residents renting and 34.5% of residents owning their home. A
local real estate agent serving Lincoln Park can help you decide if this neighborhood is the right one for you. Learn more on our
Lincoln Park neighborhood guide.
How much do you need to make to afford a house in Lincoln Park?
The median home price in Lincoln Park is $79,900. If you put a 20% down payment of $16,000 and had a 30-year fixed mortgage with an interest rate of 6.35%, your estimated principal and interest payment would be $400 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $17K a year to afford the median home price in Lincoln Park. The average household income in Lincoln Park is $54K.
What are the best public schools in Lincoln Park?
The best public schools that serve Lincoln Park are:
- Adams High School has an A- Niche grade, a student teacher ratio of 15:1 and an average review score of 3.7.
- Washington High School has a C+ Niche grade, a student teacher ratio of 12:1 and an average review score of 3.5.
- Edison Middle School has a C Niche grade and a student teacher ratio of 5:1.
What are the best private schools in Lincoln Park?
The best private schools that serve Lincoln Park are:
What are the most popular zip codes in Lincoln Park, South Bend, IN?
What are the most popular neighborhoods near Lincoln Park, South Bend, IN?
Are home prices dropping in Lincoln Park?
Yes, home prices in Lincoln Park are down 42% in the last 12 months.
Home Trends in Lincoln Park, IN
On average, homes in Lincoln Park, South Bend sell after 56 days on the market compared to the national average of 52 days. The median sale price for homes in Lincoln Park, South Bend over the last 12 months is $70,925, down 47% from the median home sale price over the previous 12 months.
Median Sale Price
$70,925
Median Single Family Sale Price
$47,000
Average Price Per Sq Ft
$35
Number of Homes for Sale
1
Last 12 months Home Sales
2
Median List Price
$79,900
Median Change From 1st List Price
23%
Median Home Sale Price YoY Change
-47%