Comprehensive market data and analysis• Updated Dec 2025
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 2 | 3 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 2 | 3 |
Acreage buckets
The median price for land in Altamont, Illinois is currently $38K per acre. For a typical parcel, the median sale price is $22K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $14K while premium lots reached $108K.
Land in Altamont, Illinois averages $178K per acre. The median price per acre is $38K, which may be more representative of typical transactions. Most parcels sold are around 13,068 sq ft.
The median land price in Altamont, Illinois stands at $22K. This translates to roughly $38K per acre for the typical parcel size. The average price is $54K, indicating some higher-priced properties pulling up the average.
The 12-month rate is 100.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Altamont, Illinois typically sells within 103 days of listing. The median time on market is 103 days. Properties are moving at a moderate pace.
Over the past 12 months, Altamont, Illinois saw 3 properties sold, totaling $163K in sales volume.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.