The median sale price of a home sold in October 2020 in Lexington fell by $33,500 while total sales decreased by 14.3%, according to BlockShopper.com.
In October 2020, there were six homes sold, with a median sale price of $90,000 - a 27.1% decrease over the $123,500 median sale price for the same period of the previous year. There were seven homes sold in Lexington in October 2019.
The median sales tax in Lexington for the most recent year with available data, 2017, was $3,698, approximately 4.1% of the median home sale price for October 2020.
The following table compares Lexington to other McLean County cities with similar median sales prices in October 2020:
| City | Oct. 2020 Home Sales | Oct. 2019 Home Sales | % change (Total Home Sales) | Oct. 2020 Median Sales Price | Oct. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Saybrook | 1 | 0 | - | $150,000 | $0 | - |
| Heyworth | 6 | 10 | -40% | $145,950 | $126,750 | 15.1% |
| Le Roy | 9 | 10 | -10% | $118,000 | $133,750 | -11.8% |
| Chenoa | 1 | 3 | -66.7% | $106,500 | $88,000 | 21% |
| Arrowsmith | 2 | 1 | 100% | $100,000 | $72,000 | 38.9% |
| Lexington | 6 | 7 | -14.3% | $90,000 | $123,500 | -27.1% |
| Stanford | 3 | 3 | 0% | $87,500 | $123,500 | -29.1% |
| Colfax | 2 | 3 | -33.3% | $78,250 | $122,500 | -36.1% |
| Gridley | 3 | 4 | -25% | $72,165 | $85,625 | -15.7% |
| Anchor | 1 | 0 | - | $29,900 | $0 | - |
| McLean | 3 | 3 | 0% | $29,840 | $83,500 | -64.3% |
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