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McLean County Times

Monday, June 2, 2025

Lexington home prices rise in June 2017

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The median sale price of a home sold in June 2017 in Lexington rose by $31,000 while total sales increased by 33.3%, according to BlockShopper.com.

In June 2017, there were eight homes sold, with a median sale price of $132,000 - a 30.7% increase over the $101,000 median sale price for the same period of the previous year. There were six homes sold in Lexington in June 2016.

The median sales tax in Lexington for 2017 was $3,698. In 2016, the median sales tax was $3,547. This marks an increase of 4.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.8%.

The following table compares Lexington to other McLean County cities with similar median sales prices in June 2017:

CityJune 2017 Home SalesJune 2016 Home Sales% change (Total Home Sales)June 2017 Median Sales PriceJune 2016 Median Sales Price% change (Median Sales Price)
Downs36-50%$163,500$167,750-2.5%
Bloomington163193-15.5%$158,500$149,4006.1%
Heyworth410-60%$151,250$184,500-18%
Towanda220%$146,000$266,950-45.3%
Colfax31200%$137,000$137,900-0.7%
Lexington8633.3%$132,000$101,00030.7%
Le Roy48-50%$117,000$109,2507.1%
Gridley330%$111,000$146,000-24%
Bellflower10-$110,000$0-
Chenoa36-50%$102,000$107,500-5.1%
Arrowsmith4333.3%$92,450$86,5006.9%

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