The housing market in Lexington, IL (zip code 61753) is quite strong compared to the national average. The median house value in Lexington is $190,700, which is significantly lower than the U.S. median of $338,100. However, over the last year Lexington has seen a much higher appreciation rate of 14.21%, while the national average was 8.27%. This indicates that housing values in Lexington are rapidly increasing and could continue to do so for some time yet. It's a great time to invest in real estate here before prices reach their peak!
The median home cost in Lexington (zip 61753) is $190,700. Home appreciation the last 10 years has been 40.7%. Home Appreciation in Lexington (zip 61753) is up 16.3%.
Average Age of Homes
- The median age of Lexington (zip 61753) real estate is 48 years old
The Rental Market in Lexington (zip 61753)
- Renters make up 15.0% of the Lexington (zip 61753) population
- 0.0% of houses and apartments in Lexington (zip 61753), 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.