The housing market in Lexington, IL is thriving with a median value of $178,800, which is substantially lower than the US House Median Value of $338,100. This makes Lexington an attractive option for potential homeowners looking for a budget-friendly home. The 1 year house appreciation rate in Lexington is also higher than the US average at 14.21%, making it an even better choice for potential buyers looking to make a solid investment. With such an attractive housing market, it’s no wonder that so many people are choosing to call Lexington home.
The median home cost in Lexington is $178,800. Home appreciation the last 10 years has been 40.7%. Home Appreciation in Lexington is up 16.3%.
Average Age of Homes
- The median age of Lexington real estate is 48 years old
The Rental Market in Lexington
- Renters make up 15.1% of the Lexington population
- 0.0% of houses and apartments in Lexington, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.