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 5 single family homes for sale with an average list price of $287,200 and 2 lots for sale with an average list price of $47,500. The average annual property tax for Lexington is $4,104.83.

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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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Subdivisions

Subdivisions Median Price
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Meadowridge

Meadowridge is a single-family home community in Lexington, Illinois, built between 1919 and 2023. It currently has no homes for sale. The homes range in size from 1,268 ft2 to 3,633 ft2. The average annual property tax for Meadowridge is $3,911.92. ... Read more
Median Price: $241,250

Subdivisions

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Market Trends

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Real Estate News

New Homes with Master Bedrooms on the 1st Floor in Lexington: July 19th to July 25th

New Homes with Master Bedrooms on the 1st Floor in Lexington: July 19th to July 25th - July 26, 2025

Lexington had only 1 new home for sale with a master bedroom on the first floor during the month of Saturday, July 19 to Friday, July 25, and it ... continue reading
New Homes For Sale This Week in Lexington: July 18th to July 24th

New Homes For Sale This Week in Lexington: July 18th to July 24th - July 25, 2025

Lexington had only 1 new home for sale during the week of Friday, July 18 to Thursday, July 24, including and it was a single family home for sale with ... continue reading
Homes Just Sold in Lexington: July 15th to July 21st

Homes Just Sold in Lexington: July 15th to July 21st - July 22, 2025

Lexington had only 1 sale during the week of Tuesday, July 15 to Monday, July 21, including and it was a single family home for sale with a list price ... continue reading
Homes Just Sold in Lexington: July 1st to July 7th

Homes Just Sold in Lexington: July 1st to July 7th - July 8, 2025

Lexington had only 1 sale during the week of Tuesday, July 1 to Monday, July 7, including and it was a single family home for sale with a list price ... continue reading

New Homes For Sale This Week in Lexington: June 20th to June 26th - June 27, 2025

Lexington had only 1 new home for sale during the week of Friday, June 20 to Thursday, June 26, including and it was a lot for sale with a list ... continue reading
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