Comprehensive market data and analysis• Updated Dec 2025
23.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 2 | 4 | 13 |
| 1-2 acres | - | - | 1 | 5 |
| 2-5 acres | - | - | 1 | 1 |
| 5-10 acres | - | - | 1 | 1 |
| 10-20 acres | - | 1 | 1 | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | 2 |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 3 | 8 | 23 |
Acreage buckets
The median price for land in Belvidere, Illinois is currently $46K per acre. For a typical parcel, the median sale price is $46K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $20K while premium lots reached $196K.
Belvidere, Illinois is currently a strong buyer's market with 23.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Belvidere, Illinois currently has 23.0 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 Belvidere, Illinois typically sells within 146 days of listing. The median time on market is 143 days. Properties are moving slowly in the current strong buyer's market.
The current absorption rate in Belvidere, Illinois is 4.3% (3-month basis), indicating slow demand. The top-performing broker in this market is Dickerson & Nieman Realtors - Rockford.
There are currently 23 active listings in Belvidere, Illinois. 4 new listings have hit the market in the last 90 days. The median asking price is $80K.
Land in Belvidere, Illinois averages $59K per acre. The median price per acre is $46K, which may be more representative of typical transactions. Most parcels sold are around 42,689 sq ft.
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.
