Bonfield, Illinois Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings

Sold (12M)

Median Price

$13K

Market Condition

Strong Buyer's Market

Bonfield, Illinois Market Meter

Strong Buyer's Market

12.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price

$13K

Avg Price/Acre

$25K

Avg Days on Market

Months of Supply

12.0

YoY Price Change

New Listings (3M)

Land Market Data by Acreage

Data Type:

View:

Acreage	30D	3M	6M	12M	24M	36M
0-1 acres	-	1	1	1	1	1
1-2 acres	-	-	-	-	-	-
2-5 acres	-	-	-	-	-	-
5-10 acres	-	-	-	-	-	-
10-20 acres	-	-	-	-	-	-
20-50 acres	-	-	-	-	1	2
50-100 acres	-	-	-	-	-	-
100+ acres	-	-	-	-	-	-
TOTAL	0	1	1	1	2	3

📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold

For Sale

0-1 acres1 sold / 0 listed

20-50 acres0 sold / 2 listed

50-100 acres0 sold / 1 listed

100+ acres0 sold / 1 listed

Median Price by Acreage

$0$6K$13K

0- 1

Acreage buckets

Key Market Indicators

Total Sales Volume

$13K

Last 12 months

Active Listings

Current inventory

Avg Days on Market

Time to sell

Price Trend (YoY)

Year over year

Bonfield, Illinois Land Market Analysis

How much is land worth in Bonfield, Illinois?

The median price for land in Bonfield, Illinois is currently $25K per acre. For a typical parcel, the median sale price is $13K. Recently, the cheapest land sold for $13K while premium lots reached $13K.

Is now a good time to buy land in Bonfield, Illinois?

Bonfield, Illinois is currently a strong buyer's market with 12.0 months of supply. Buyers have more negotiating power and can take time to find the right property.

What is the months of supply for land in Bonfield, Illinois?

Bonfield, Illinois currently has 12.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.

What is the average price per acre in Bonfield, Illinois?

Land in Bonfield, Illinois averages $25K per acre. The median price per acre is $25K, which may be more representative of typical transactions. Most parcels sold are around 21,780 sq ft.

What is the median land price in Bonfield, Illinois?

The median land price in Bonfield, Illinois stands at $13K. This translates to roughly $25K per acre for the typical parcel size.

What is the absorption rate for land in Bonfield, Illinois?

The 3-month absorption rate in Bonfield, Illinois is 8.3%. The 12-month rate is 2.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

Is now a good time to invest in land in Bonfield, Illinois?

The current absorption rate in Bonfield, Illinois is 8.3% (3-month basis), indicating moderate demand. The top-performing broker in this market is Coldwell Banker Realty.

Data Sources & Accuracy

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.

Bonfield, Illinois Land Market Statistics

Bonfield, Illinois Market Meter

Market Overview

Land Market Data by Acreage

Market Trends & Analysis

Inventory by Acreage (12 Months)

Median Price by Acreage

Key Market Indicators

Bonfield, Illinois Land Market Analysis

How much is land worth in Bonfield, Illinois?

Is now a good time to buy land in Bonfield, Illinois?

What is the months of supply for land in Bonfield, Illinois?

What is the average price per acre in Bonfield, Illinois?

What is the median land price in Bonfield, Illinois?

What is the absorption rate for land in Bonfield, Illinois?

Is now a good time to invest in land in Bonfield, Illinois?

Data Sources & Accuracy

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