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 4 single family homes for sale with an average list price of $164,950, 1 condo for sale with a list price of $420,000, and 1 lot for sale with a list price of $76,000. The average annual property tax for Lexington is $4,153.10.

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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

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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: $57,500

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: November 1st to November 7th

New Homes with Master Bedrooms on the 1st Floor in Lexington: November 1st to November 7th - November 8, 2025

Lexington had only 1 new home for sale with a master bedroom on the first floor during the month of Saturday, November 1 to Friday, November 7, and it ... continue reading
Homes Just Sold in Lexington: October 28th to November 3rd

Homes Just Sold in Lexington: October 28th to November 3rd - November 4, 2025

Lexington had only 1 sale during the week of Tuesday, October 28 to Monday, November 3, including and it was a single family home for sale with a list price ... continue reading
Homes Just Sold in Lexington: October 21st to October 27th

Homes Just Sold in Lexington: October 21st to October 27th - October 28, 2025

Lexington had only 1 sale during the week of Tuesday, October 21 to Monday, October 27, 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: October 4th to October 10th

New Homes with Master Bedrooms on the 1st Floor in Lexington: October 4th to October 10th - October 11, 2025

Lexington had only 1 new home for sale with a master bedroom on the first floor during the month of Saturday, October 4 to Friday, October 10, and it ... continue reading
New Homes For Sale This Week in Lexington: October 3rd to October 9th

New Homes For Sale This Week in Lexington: October 3rd to October 9th - October 10, 2025

Lexington had only 1 new home for sale during the week of Friday, October 3 to Thursday, October 9, including and it was a single family home for sale with ... continue reading
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