Lexington, IL, Real Estate

Lexington, Illinois, is a charming small town in McLean County, located along historic Route 66, about 15 miles northeast of Bloomington. With a population of around 2,000, it offers a tight-knit community atmosphere with a blend of rural tranquility and historical significance. The town features classic Route 66 attractions, like the Lexington Neon Sign, and hosts events such as the annual Route 66 Festival, drawing visitors to its nostalgic Americana vibe. Surrounded by fertile farmland, Lexington balances its agricultural roots with modern amenities, including local shops, parks, and a highly rated school district, making it an inviting place for families and history enthusiasts alike.

Lexington currently has 6 single family homes for sale with an average list price of $716,450, 2 condos for sale with an average list price of $420,000, and 5 lots for sale with an average list price of $81,600. The average annual property tax for Lexington is $4,406.39.

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Absorption Report

Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Lexington, i.e. what's hot and what's not.

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Recent Sales

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Meadowridge

Meadowridge is a single-family home community in Lexington, Illinois, built between 1919 and 2023. It currently has 1 single family home for sale with a list price of $525,000. The homes range in size from 1,268 ft2 to 3,600 ft2. The average annual property tax for Meadowridge is $3,862. ... Read more

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Market Trends

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Real Estate News

Homes Just Sold in Lexington: May 12th to May 18th

Homes Just Sold in Lexington: May 12th to May 18th - May 19, 2026

Lexington had only 1 sale during the week of Tuesday, May 12 to Monday, May 18, including and it was a single family home for sale with a list price ... continue reading
Homes Just Sold in Lexington: May 5th to May 11th

Homes Just Sold in Lexington: May 5th to May 11th - May 12, 2026

Lexington had only 1 sale during the week of Tuesday, May 5 to Monday, May 11, including and it was a single family home for sale with a list price ... continue reading
New Homes For Sale This Week in Lexington: May 1st to May 7th

New Homes For Sale This Week in Lexington: May 1st to May 7th - May 8, 2026

Lexington had only 1 new home for sale during the week of Friday, May 1 to Thursday, May 7, including and it was a single family home for sale with ... continue reading
New Homes with Master Bedrooms on the 1st Floor in Lexington: April 25th to May 1st

New Homes with Master Bedrooms on the 1st Floor in Lexington: April 25th to May 1st - May 2, 2026

Lexington had only 1 new home for sale with a master bedroom on the first floor during the month of Saturday, April 25 to Friday, May 1, and it ... continue reading
New Homes with Master Bedrooms on the 1st Floor in Lexington: April 18th to April 24th

New Homes with Master Bedrooms on the 1st Floor in Lexington: April 18th to April 24th - April 25, 2026

Lexington had only 1 new home for sale with a master bedroom on the first floor during the month of Saturday, April 18 to Friday, April 24, and it ... continue reading
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