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McLean County Times

Monday, November 25, 2024

Lexington home prices rise in May 2019

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The median sale price of a home sold in May 2019 in Lexington rose by $88,750 while total sales increased by 100%, according to BlockShopper.com.

In May 2019, there were four homes sold, with a median sale price of $175,500 - a 102.3% increase over the $86,750 median sale price for the same period of the previous year. There were two homes sold in Lexington in May 2018.

The median sales tax in Lexington for the most recent year with available data, 2017, was $3,698, approximately 2.1% of the median home sale price for May 2019.

The following table compares Lexington to other McLean County cities with similar median sales prices in May 2019:

CityMay 2019 Home SalesMay 2018 Home Sales% change (Total Home Sales)May 2019 Median Sales PriceMay 2018 Median Sales Price% change (Median Sales Price)
Twin Grove12-50%$224,375$138,00062.6%
Bloomington1521399.4%$181,125$160,00013.2%
Lexington42100%$175,500$86,750102.3%
Normal786421.9%$164,250$159,7502.8%
Downs110%$158,000$231,000-31.6%
Hudson35-40%$145,000$240,000-39.6%
Colfax34-25%$132,500$157,500-15.9%
Gridley36-50%$127,900$83,25053.6%
Carlock20-$122,500$0-
Danvers7616.7%$120,000$111,0008.1%
Le Roy511-54.5%$100,500$130,000-22.7%

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