Comprehensive market data and analysis• Updated Dec 2025
24.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 1 | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | 1 | 1 | 1 | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 2 | 2 | 2 |
Acreage buckets
The median price for land in Assumption, Illinois is currently $22K per acre. For a typical parcel, the median sale price is $28K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $18K while premium lots reached $38K.
Assumption, Illinois is currently a strong buyer's market with 24.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Assumption, Illinois currently has 24.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Land in Assumption, Illinois typically sells within 81 days of listing. The median time on market is 81 days. Properties are moving at a moderate pace in the current strong buyer's market.
The current absorption rate in Assumption, Illinois is 4.2% (3-month basis), indicating slow demand.
The median land price in Assumption, Illinois stands at $28K. This translates to roughly $22K per acre for the typical parcel size.
There are currently 16 active listings in Assumption, Illinois. The median asking price is $5K.
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.