Lexington, IL 61753 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Lexington, IL—61753

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$228,000

5.0% YoY Growth

Household Income

$108,000

65.4% YoY Growth

Days on Market

72.0% Shorter YoY

Home Price Forecast

2.0%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Lexington, IL

As of Dec '25, the median home price in Lexington, IL is $228,000, with a year-over-year change of 5.0%. This indicates that home prices in Lexington, IL are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$228,000	5.0%
Single Family	$231,000	4.5%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Lexington, IL

Lexington, IL lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

12.5%

2 Bedrooms

35.6%

3 Bedrooms

11.9%

4 Bedrooms

40.0%

Property Listings — Lexington, IL

As of Dec '25, Realtor.com reports that the median days on market for a home in Lexington, IL is 47. This is a decrease of -81.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$232,000	44.0%
Listing Count	4	0.0%
Listings as % of Homes	0.3%	0.0%
Days on Market	67	-72.0%

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Demographics — Lexington, IL

As of the latest ACS Survey released in 2023, Lexington, IL has a population of 3,090, which has remained stable by 0.9% over the past 5 years. Lexington, IL is a moderately popular place for families, as children make up 22.3% of the population. The area has a moderately educated workforce, with 32.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	3,090	0.9%
% Under 18	22.3%	-9.0%
% Seniors	20.1%	16.2%
% WFH	15.3%	131.8%
% w/ College Degree	32.8%	-5.2%

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As of the latest ACS Survey released in 2023, Lexington, IL is a predominantly white area, with 94.2% of the population identifying as white. The white population has shrunk by 4.0% in the last 5 years. The second most common race or ethnicity in Lexington, IL is hispanic, making up 3.1% of the population. Foreign-born residents account for 2.2% of the population in Lexington, IL, and this percentage has increased by 450.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	94.2%	-4.0%
% Black	0.0%	-100.0%
% Hispanic	3.1%	675.0%
% Asian	0.7%	∞%
% Foreign Born	2.2%	450.0%

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Mortgage and Risk — Lexington, IL

According to HUD data as of 2023, there were 94 mortgage originations in Lexington, IL, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Lexington, IL. Investor activity is low, as 4.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	94
% Conventional Loans	81.0%
% Government Loans	19.0%
% Investor Loans	4.0%
% Second Loans	2.0%
% Cash Out Refinance	5.0%

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Rentals and Section 8 — Lexington, IL

Lexington, IL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	N/A
Total Units Section 8	N/A
% Rentals under Section 8	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$790
2 Bedroom	N/A	N/A	$1,000
3 Bedroom	N/A	N/A	$1,390
4 Bedroom	N/A	N/A	$1,390

Lexington, IL—61753

Key Metrics at a Glance

Home Price Trends — Lexington, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lexington, IL

% of Rental Stock

Property Listings — Lexington, IL

Demographics — Lexington, IL

Race and Ethnicity

Mortgage and Risk — Lexington, IL

Mortgages

Rentals and Section 8 — Lexington, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Lexington, IL

Home Price to Income Ratio

Lexington, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Bloomington, IL

Cooksville, IL

Chenoa, IL

Gridley, IL

Colfax, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	1.8
Median Home Price	$228,000
Median Household Income	$108,000

Lexington, IL—61753

Key Metrics at a Glance

Home Price Trends — Lexington, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lexington, IL

% of Rental Stock

Property Listings — Lexington, IL

Demographics — Lexington, IL

Race and Ethnicity

Mortgage and Risk — Lexington, IL

Mortgages

Rentals and Section 8 — Lexington, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Lexington, IL

Home Price to Income Ratio

Lexington, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Bloomington, IL

Cooksville, IL

Chenoa, IL

Gridley, IL

Colfax, IL

Frequently Asked Questions

What is the average home price in Lexington, IL 61753?

How have home prices in Lexington, IL 61753 changed over the past year?

What is the home price projection for Lexington, IL 61753?

What are the demographics of Lexington, IL 61753?

How long does it take homes to sell in Lexington, IL 61753?

What is the average rent price in Lexington, IL 61753?