Is Lexington a buyer's or seller's market right now?

Lexington is currently a seller's market with 0 months of supply. Homes are selling at 99.1% of list price, and 100% go pending within two weeks. The Ridley Sell Score for Lexington is 55/100 (Moderate), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Lexington?

The median home price in Lexington is $176,834, down 40.1% year-over-year. The median price per square foot is $185. Homes sell in a median of 42 days with a sale-to-list ratio of 99.1%.

How much does it cost to sell a home in Lexington, Illinois?

On a $176,834 home in Lexington, a traditional listing agent charges around $5,305 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $14,147 or more. With Ridley Essentials ($999) you save $4,306, and with Ridley Pro ($3,499) you save $1,806 while getting full agent support.

How does Ridley's flat fee compare to a traditional Lexington agent?

A traditional Lexington listing agent typically charges 3% of the sale price — about $5,305 on a $176,834 home. Ridley offers two flat-fee plans: Essentials ($999) with MLS listing, marketing tools, and self-service support, or Pro ($3,499) with a dedicated licensed agent. That saves you $4,306–$1,806 compared to a traditional agent.

How long does it take to sell a home in Lexington?

The median home in Lexington currently spends 42 days on the market before going under contract, up 41% from last year. 100% of homes go pending within two weeks. At a 99.1% sale-to-list ratio, sellers are getting very close to or above asking price.

Do I need a real estate agent to sell in Illinois?

No. Illinois does not require you to use a real estate agent to sell your home. You can sell independently (FSBO) or use a flat-fee service like Ridley that gives you MLS access, professional tools, and expert support at a fraction of the traditional commission. On a $176,834 home, that could save you up to $1,806.

What's included with Ridley Essentials and Pro?

Ridley offers two plans in Illinois. Essentials ($999) includes MLS listing distribution, professional listing tools, marketing materials, and self-service support. Pro ($3,499) includes everything in Essentials plus a dedicated licensed agent partner, expert pricing consultation, offer review and negotiation support, contract and deadline management, and full closing coordination. Both save significantly vs. the traditional $5,305 commission.

National/Illinois

Lexington, IL

Is Now a Good Time to Sell in Lexington, Illinois?

The median home in Lexington sells for $176,834 with prices down 40.1% year-over-year. The average seller pays $5,305 in commissions — Ridley’s flat fee saves you $1,806.

Lexington Real Estate Market Conditions — April 2026

55out of 100

Ridley Sell Score

How it's scored →

Moderate

55/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Lexington market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Don't count on bidding wars — price to attract offers rather than leave room for negotiation. Sellers who prepare well can still achieve strong results.

Inventory TightnessFavors sellers

0 months of supply — well below the 5-month balanced threshold — 100% below the Illinois average of 2.3.

Price MomentumFavors buyers

Prices down 40.1% year-over-year — vs. +11.7% statewide.

Seller LeverageNeutral

Homes selling at 99.1% of asking — buyers are negotiating 0.9% below list. Illinois average is 96.8%.

Bidding ActivityFavors buyers

0% of homes selling above list price — 100% below the Illinois average of 22.8%.

Sale SpeedFavors sellers

42 median days on market — 33 days faster than the Illinois average.

Market UrgencyFavors sellers

100% of listings go pending within 2 weeks — vs. 25.8% statewide.

Price StabilityFavors sellers

Only 0% of listings have dropped their price — sellers are holding firm. Illinois average is 13.6%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$176,834

-40.1%

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

+41%

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$185

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

99.1%

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

Seller’s market

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.

Somewhat Competitive

Pending in 2 Weeks

Percentage of listings that went under contract within 14 days.

100%

Fast-moving

12-Month Price Trend

$256,000 → $176,834

▼30.9%

$240K$220K$200K$180K

MayJulSepNovJanMarApr

Data updated April 2026

Get AI-powered market intelligence

Personalized pricing signals, demand shifts, and Sell Score changes for Lexington — delivered monthly.

Your savings

How much can you save selling your home in Lexington?

The average Lexington homeowner saves $1,806 by selling with Ridley instead of paying the traditional 3% listing commission on a $176,834 home.

$0Estimated savings

That covers your moving costs — save 1.0% of your home value

Your Lexington home value

$176,834

$50,000$10M

Traditional Agent (3%)

$5,305

Ridley Pro (flat fee)

$3,499

Ready to sell in Lexington?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

How much does it cost to sell a house in Lexington?

The total cost to sell a house in Lexington in 2026 ranges from $999 with Ridley Essentials to approximately $5,305 with a traditional 3% commission on a $176,834 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$5,305	$3,499	$999	$0
Buyer agent	$4,9512.8% avg	$3,537~2% avg	$3,537~2% avg	$4,9512.8% avg
Closing costs (~1.5%)	$2,653	$2,653	$2,653	$2,653
Total cost	$12,909	$9,689	$7,189	$7,604
Net proceeds	$163,925	$167,145	$169,645	$169,230
You save	—	$3,220	$5,720	$5,305No support