Daily Blurb: Lincoln Park Home Value on Downturn

After reaching its highest average sale price in five years in January 2022 ($660k), Lincoln Park’s sale average is facing another downturn. Lincoln Park listings have been steadily increasing in value since facing their lowest average in May 2020 ($500k). They encountered a dip in September 2021 ($547,750) and then spiked dramatically for the next four months. Per data collected by Redfin, the March 2022 valuation of Lincoln Park listings dipped to $604k.