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McLean County Times

Tuesday, November 26, 2024

Lexington home prices rise in October 2019

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The median sale price of a home sold in October 2019 in Lexington rose by $50,999 while total sales increased by 250%, according to BlockShopper.com.

In October 2019, there were seven homes sold, with a median sale price of $123,500 - a 70.3% increase over the $72,501 median sale price for the same period of the previous year. There were two homes sold in Lexington in October 2018.

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

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

CityOct. 2019 Home SalesOct. 2018 Home Sales% change (Total Home Sales)Oct. 2019 Median Sales PriceOct. 2018 Median Sales Price% change (Median Sales Price)
Towanda40-$202,000$0-
Normal564914.3%$163,700$158,5003.3%
Bloomington111129-14%$157,000$156,0000.6%
Le Roy102400%$133,750$134,000-0.2%
Heyworth103233.3%$126,750$165,000-23.2%
Lexington72250%$123,500$72,50170.3%
Stanford3250%$123,500$81,25052%
Colfax330%$122,500$59,900104.5%
Danvers110%$120,000$58,500105.1%
Chenoa31200%$88,000$82,0007.3%
Gridley4333.3%$85,625$95,750-10.6%

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