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McLean County Times

Saturday, November 2, 2024

Lexington home prices fall in October 2018

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The median sale price of a home sold in October 2018 in Lexington fell by $27,499 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In October 2018, there were two homes sold, with a median sale price of $72,501 - a 27.5% decrease over the $100,000 median sale price for the same period of the previous year. There were two homes sold in Lexington in October 2017, as well.

The median sales tax in Lexington for the most recent year with available data, 2017, was $3,698, approximately 5.1% of the median home sale price for October 2018.

The following table compares Lexington to other McLean County cities with similar median sales prices in October 2018:

CityOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
Hudson34-25%$157,000$131,00019.8%
Bloomington1298748.3%$156,000$154,0001.3%
Le Roy23-33.3%$134,000$84,90057.8%
Gridley3250%$95,750$125,750-23.9%
Chenoa110%$82,000$70,00017.1%
Stanford21100%$81,250$6,5001150%
Lexington220%$72,501$100,000-27.5%
Colfax31200%$59,900$141,500-57.7%
Danvers13-66.7%$58,500$165,000-64.5%
Bellflower12-50%$18,000$55,000-67.3%
Arrowsmith10-$10,800$0-

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