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 3 single family homes for sale with an average list price of $785,233.33, 1 condo for sale with a 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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Market Trends

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Real Estate News

Homes Just Sold in Lexington: February 10th to February 16th

Homes Just Sold in Lexington: February 10th to February 16th - February 17, 2026

Lexington had only 1 sale during the week of Tuesday, February 10 to Monday, February 16, 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: January 31st to February 6th

New Homes with Master Bedrooms on the 1st Floor in Lexington: January 31st to February 6th - February 7, 2026

Lexington had only 1 new home for sale with a master bedroom on the first floor during the month of Saturday, January 31 to Friday, February 6, and it ... continue reading
New Homes For Sale This Week in Lexington: January 30th to February 5th

New Homes For Sale This Week in Lexington: January 30th to February 5th - February 6, 2026

Lexington had only 1 new home for sale during the week of Friday, January 30 to Thursday, February 5, including and it was a single family home for sale with ... continue reading
New Construction Homes For Sale This Week in Lexington: January 28th to February 3rd

New Construction Homes For Sale This Week in Lexington: January 28th to February 3rd - February 4, 2026

Lexington had only 1 new construction home during the week of Wednesday, January 28 to Tuesday, February 3, and it was a single family home for sale with a list ... continue reading
Homes Just Sold in Lexington: December 30th to January 5th

Homes Just Sold in Lexington: December 30th to January 5th - January 6, 2026

Lexington had only 1 sale during the week of Tuesday, December 30 to Monday, January 5, including and it was a single family home for sale with a list price ... continue reading
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