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Foreclosure Homes in Lexington, IL 61753

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Lexington, IL Foreclosures

Current Market Conditions in in Lexington, IL As of April 2026?
Over the past month, the Lexington real estate market has shown signs of slight improvement as inventory levels have decreased, causing homes to sell faster than before. The average days on the market have dropped, indicating growing buyer interest and competitive bidding situations, which is beneficial for sellers. Additionally, the revival of community events has subtly contributed to the increased visibility of available properties, attracting more potential homeowners to the area.
How much do homes sell for in Lexington, IL?
The average home price is currently $266,787.
In Lexington, IL, how many homes are available?
There are currently 13 active home listings available in Lexington.
What’s the average rental cost in Lexington, IL?
The average rental price in Lexington is $1,361.
What is the most expensive home in Lexington?
The most expensive home sold in Lexington had a price of $3,816,800.
What is currently the cheapest priced home in Lexington, IL?
The cheapest home for sale in Lexington is priced at $14,538.

Living in Lexington, IL

Lexington, Illinois, is a quaint, family-friendly town known for its welcoming community and accessible local amenities. The area features excellent educational institutions, ample green spaces, and a variety of recreational activities. With its blend of history and modern living, Lexington offers an inviting atmosphere for new residents.

Buyer vs Seller Market in Lexington, IL

The real estate market in Lexington is currently seeing steady growth, with a mix of affordable options and more upscale choices for interested buyers. The community is attracting individuals seeking a quieter lifestyle while being close to larger cities, which is contributing to the increased demand for homes in the area.

Prices in Lexington have remained relatively stable, with a slight upward trend in home values as the community continues to develop. Properties are selling quickly, often within a few weeks on the market, as buyers are keen to grab a piece of this charming small-town living.

Home Value Estimator For Lexington, IL

There are currently 1,235 real estate properties in Lexington, IL, with a median automated valuation model (AVM) price of $206,100.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lexington, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Lexington, IL, is $266,787.00, with the most expensive house in Lexington, IL, topping out at $3,816,800.00 and the cheapest home in Lexington, IL, clocking in at $14,538.00. In other words, there’s something for every potential homebuyer or savvy investor in Lexington, IL!

Rent Prices In Lexington, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lexington, IL, is on a rollercoaster ride. The average rent price in Lexington, IL, is $1,361.00. Indeed, when looking to rent in Lexington, IL, you can expect to pay as little as $800.00 or as much as $2,360.00, with the average rent median estimated to be $1,330.00. The good news is that finding an affordable and desirable property to rent in Lexington, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Lexington, IL 61753 Foreclosures


Market Trend for Lexington, IL

Total Listings Available: 13

Market Values:

Home Prices from $14,538 to $3,816,800

Average Sales Price: $266,787

Rental Values:

Rental from $800 to $2,360

Average Rent Value: $1,361 / month

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