Lexington Park, Peoria Heights, IL
Lexington Park — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Lexington Park, Peoria Heights, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Lexington Park Neighborhood Overview
Lexington Park is a residential neighborhood located within the village of Peoria Heights, Illinois. Situated at approximately 40.7473 latitude and -89.5740 longitude, it offers a suburban community feel with convenient access to the broader Peoria metropolitan area. The neighborhood provides a balanced lifestyle for its residents.
Lifestyle & Amenities
Residents enjoy proximity to the unique shopping and dining options along Peoria Heights' main thoroughfare, Prospect Road. The village is known for its charming, walkable business district and the iconic Peoria Heights Tower. Nearby parks and the Illinois River Bluff Trail offer opportunities for outdoor recreation and scenic views.
Real Estate Market
The real estate in Lexington Park consists primarily of single-family homes. According to Census data, the median home value is $105,300, while current market metrics show an asking price per square foot of approximately $115. The provided rental figure appears to be an outlier and is not representative of typical local housing costs.
Schools & Education
Families in Lexington Park are served by the Peoria Heights School District 325. The district operates an elementary, middle, and high school, all located within the village for community-focused education. This provides a consolidated and convenient schooling experience for neighborhood children.
Transportation & Connectivity
The neighborhood is well-connected via major roads like War Memorial Drive (US 150) and Illinois Route 29, facilitating easy commutes to downtown Peoria and other areas. Public transportation is available through the Greater Peoria Mass Transit District (CityLink). The central location offers straightforward access to shopping, healthcare, and employment centers throughout the region.
Why Choose Lexington Park
Lexington Park is an attractive choice for those seeking affordable homeownership within a stable, established community. It combines the quiet appeal of a Peoria Heights address with the practical benefits of nearby urban amenities. The neighborhood offers a solid value for individuals and families looking to put down roots in the Greater Peoria area.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Lexington Park Market Data
| Metric | Value |
|---|---|
| Median Home Price | $105K |
| Median Gross Rent | $889/mo |
| Median Household Income | $59K |
| Homeownership Rate | 62.4% |
| Renter-Occupied | 37.6% |
| Rental Vacancy Rate | 2.9% |
| Market Type | Seller's |
| Market Tier | Affordable |
| Primary ZIP Code | 61616 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 262,923 |
| VA Loan Originations | 10,875 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $270K |
| Conventional Loan Originations | 219,732 |
| FHA Loan Originations | 32,316 |
Top Real Estate Agents in Lexington Park, Peoria Heights
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Lexington Park, Peoria Heights, IL. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Illinois Department of Financial and Professional Regulation (IDFPR) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15