Housing · Lexington

Lexington, IL housing market

The median sale price was $255,000 in May 2026.

Home values, sales, trends and how Lexington compares with the towns next door — updated as new data is published.

The market right now

Lexington at a glance

Median sale price
$255K
May 2026 · Redfin
Homes sold
3
in May · 1 for sale

Only 3 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.

Price trend

Home prices up 46% in 5 years

The federal house price index for the ZIP code around Lexington rose 46% over the past 5 years, about the same as across Illinois. Last year prices rose 4.8%. Carrying the Census median home value forward with that index puts the typical Lexington home at roughly $265,000 today.

Past year
+4.8%
Illinois: +5.7%
Past 5 years
+46%
Illinois: +47%
Past 10 years
+48%
Illinois: +65%
Estimated value
$265K
Census median, carried to 2025
Lexington areaIllinois
0%+50%+100% 200020052010201520202025 2000: 0% since 20002001: +1.5% since 2000 · +1.5% that year2002: +4.8% since 2000 · +3.2% that year2003: +4.8% since 2000 · 0% that year2004: +13% since 2000 · +8.3% that year2005: +18% since 2000 · +3.9% that year2006: +20% since 2000 · +1.4% that year2007: +23% since 2000 · +2.6% that year2008: +26% since 2000 · +3% that year2009: +21% since 2000 · −4.4% that year2010: +17% since 2000 · −3.2% that year2011: +17% since 2000 · −0.1% that year2012: +16% since 2000 · −0.4% that year2013: +18% since 2000 · +1.8% that year2014: +27% since 2000 · +6.8% that year2015: +25% since 2000 · −1.1% that year2016: +23% since 2000 · −1.8% that year2017: +23% since 2000 · −0.2% that year2018: +20% since 2000 · −2.2% that year2019: +20% since 2000 · −0.1% that year2020: +27% since 2000 · +5.6% that year2021: +35% since 2000 · +6.7% that year2022: +48% since 2000 · +9.7% that year2023: +75% since 2000 · +18% that year2024: +76% since 2000 · +0.5% that year2025: +85% since 2000 · +4.8% that year Lexington +85%
Show as a table
YearChange that yearSince 2000Illinois since 2000
2025+4.8%+85%+96%
2024+0.5%+76%+85%
2023+18%+75%+73%
2022+9.7%+48%+61%
2021+6.7%+35%+44%
2020+5.6%+27%+33%
2019−0.1%+20%+32%
2018−2.2%+20%+28%
2017−0.2%+23%+25%
2016−1.8%+23%+22%
2015−1.1%+25%+19%
2014+6.8%+27%+15%
2013+1.8%+18%+11%
2012−0.4%+16%+11%
2011−0.1%+17%+14%
2010−3.2%+17%+21%
2009−4.4%+21%+29%
2008+3%+26%+40%
2007+2.6%+23%+45%
2006+1.4%+20%+43%
2005+3.9%+18%+35%
2004+8.3%+13%+24%
20030%+4.8%+15%
2002+3.2%+4.8%+11%
2001+1.5%+1.5%+5.6%
2000———

How Lexington ranks on rising home prices →

Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP code 61753, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.

New construction

No new homes permitted in 2025

No permits for new homes were issued in Lexington in 2025. The last year with any was 2023 (4 new homes).

New homes, 2025
0
0 in 2024
2026 so far
0
Jan–Aug
Single-familyTwo or more homes per building2026 so far
02468 2000: 8 homes 2000 2001: 5 homes 2002: 7 homes 2003: 3 homes 2004: 3 homes 2005: 4 homes 2005 2006: 3 homes 2007: 3 homes 2008: 1 home 2009: 0 homes 2010: 2 homes 2010 2011: 2 homes 2012: 0 homes 2013: 4 homes 2014: 4 homes 2015: 4 homes 2015 2016: 4 homes 2017: 0 homes 2018: 5 homes 2019: 3 homes 2020: 4 homes (2 single-family, 2 in buildings with 2+ homes) 2020 2021: 0 homes 2022: 3 homes 2023: 4 homes (2 single-family, 2 in buildings with 2+ homes) 2024: 0 homes 2025: 0 homes 2025 2026 so far: 0 homes

Homes vs. people, 2010–2020

Residents+30
New homes+28

Between the 2010 and 2020 censuses, Lexington gained 30 residents while 28 new homes were permitted: about 1.1 new residents per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year.

Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.

Show as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)000—
2025000—
2024000—
2023422$1.2 million
2022330$900,000
2021000—
2020422$1 million
2019330$600,000
2018550$1.1 million
2017000—
2016440$734,000
2015440$650,000
2014440$650,000
2013440$650,000
2012000—
2011220$444,000
2010220$450,000
2009000—
2008110$170,000
2007330$682,000
2006330$652,000
2005440$869,000
2004330$472,000
2003330$450,000
2002770$903,000
2001550$720,000
2000880$1.1 million

Lexington's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.

Nearby

Lexington and its neighbors

The towns that share a border. Tap one to see its housing page.
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Lexington — +4.8%† $1,070 0 $99,167
Lexington $242K +1.7% $1,070 — $104,744
Money Creek — +4.9%† $1,150 — $191,042

† FHFA price index change, where Zillow has no home value for the town.

Affordability

1.7 years of income

The typical Lexington home costs about 1.7 years of the town's median household income, less than across Illinois (3.6 years).

How Lexington ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
90.5%
Illinois: 67.1%
Median tax bill
$4,204
Illinois: $5,298
Median rent
$728
Illinois: $1,274
Typical home built
1974
Illinois: 1971

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $1,070

HUD's Fair Market Rent for a two-bedroom in Lexington is $1,070 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Lexington pay a median of $728, so moving in tends to cost more than staying put. A two-bedroom takes about 13% of the town's median household income.

1 bedroom
$820
a month, with utilities
2 bedrooms
$1,070
a month, with utilities
3 bedrooms
$1,410
a month, with utilities
Share of income
13%
2 bedrooms ÷ median income

Studio $760 · 4 bedrooms $1,420

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (61753; Bloomington, IL MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

The coffee’s on

Where to, neighbor?

You’re in Lexington, ILView boundary

Nearby

All towns & citiesExplore the map
Loading boundary…

Lexington is your selected town. The feed includes posts assigned to this town, not a distance radius or ZIP code.

Neighborhoods narrow the feed further, while townwide announcements, events, and issues remain visible.

Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01