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 $620,616.67, 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 $4,419.56.

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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 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

Subdivisions

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Real Estate News

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
New Homes For Sale This Week in Lexington: April 17th to April 23rd

New Homes For Sale This Week in Lexington: April 17th to April 23rd - April 24, 2026

Lexington had only 1 new home for sale during the week of Friday, April 17 to Thursday, April 23, including and it was a single family home for sale with ... continue reading
New Homes with Master Bedrooms on the 1st Floor in Lexington: March 28th to April 3rd

New Homes with Master Bedrooms on the 1st Floor in Lexington: March 28th to April 3rd - April 4, 2026

Lexington had 4 new homes for sale with a master bedroom on the first floor during the month of Saturday, March 28 to Friday, April 3, including 2 single ... continue reading
New Homes For Sale This Week in Lexington: March 27th to April 2nd

New Homes For Sale This Week in Lexington: March 27th to April 2nd - April 3, 2026

Lexington had 4 new homes for sale during the week of Friday, March 27 to Thursday, April 2, including including 2 single family homes for sale with an average list ... continue reading
New Construction Homes For Sale This Week in Lexington: March 25th to March 31st

New Construction Homes For Sale This Week in Lexington: March 25th to March 31st - April 1, 2026

Lexington had 2 new construction homes during the week of Wednesday, March 25 to Tuesday, March 31, including 2 condos for sale with an average list price of $420,000. $420,000 214 Allison ... continue reading
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