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 7 single family homes for sale with an average list price of $250,557.14 and 2 lots for sale with an average list price of $43,000. The average annual property tax for Lexington is $4,102.72.

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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: August 30th to September 5th

New Homes with Master Bedrooms on the 1st Floor in Lexington: August 30th to September 5th - September 6, 2025

Lexington had 2 new homes for sale with a master bedroom on the first floor during the month of Saturday, August 30 to Friday, September 5, including 2 single ... continue reading
New Homes For Sale This Week in Lexington: August 29th to September 4th

New Homes For Sale This Week in Lexington: August 29th to September 4th - September 5, 2025

Lexington had only 1 new home for sale during the week of Friday, August 29 to Thursday, September 4, including and it was a single family home for sale with ... continue reading
New Homes For Sale This Week in Lexington: August 22nd to August 28th

New Homes For Sale This Week in Lexington: August 22nd to August 28th - August 29, 2025

Lexington had only 1 new home for sale during the week of Friday, August 22 to Thursday, August 28, including and it was a single family home for sale with ... continue reading
Homes Just Sold in Lexington: August 12th to August 18th

Homes Just Sold in Lexington: August 12th to August 18th - August 19, 2025

Lexington had only 1 sale during the week of Tuesday, August 12 to Monday, August 18, including and it was a single family home for sale with a list price ... continue reading
New Homes with Master Bedrooms on the 1st Floor in Lexington: August 2nd to August 8th

New Homes with Master Bedrooms on the 1st Floor in Lexington: August 2nd to August 8th - August 9, 2025

Lexington had only 1 new home for sale with a master bedroom on the first floor during the month of Saturday, August 2 to Friday, August 8, and it ... continue reading
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