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.
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.
See What's Hot & What's Not in LexingtonLexington home sales for the month of August rose in volume by 50% when compared to last year, while the median sale price decreased by 57.9% from $375,000 to $158,000. House sales rose by 50%, while the median sale price decreased by 57.9% from $375,000 to $158,000.
53
|
35
|
21
|
19
|
2021 | 2022 | 2023 | 2024 |
# of sales per year |
$153,000
|
$158,000
|
$185,000
|
$242,500
|
2021 | 2022 | 2023 | 2024 |
median sale price per year |