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.
Bonfield, Illinois Land Market Statistics
Comprehensive market data and analysis• Updated Oct 2026
Active Listings
3
Sold (12M)
1
Median Price
$13K
Market Condition
Strong Buyer's Market
Bonfield, Illinois Market Meter
Strong Buyer's Market
999.0 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
55
Months of Supply
999.0
YoY Price Change
-
New Listings (3M)
0
Land Market Data by Acreage
Data Type:
View:
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 0 | 1 |
📊 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
10-20 acres0 sold / 1 listed
20-50 acres0 sold / 1 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
3
Current inventory
Avg Days on Market
55
Time to sell
Price Trend (YoY)
-
Year over year
Bonfield, Illinois Land Market Analysis
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 12-month rate is 2.8%. 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 top-performing broker in this market is Coldwell Banker Realty.
How long does it take to sell land in Bonfield, Illinois?
Land in Bonfield, Illinois typically sells within 55 days of listing. The median time on market is 55 days. Properties are moving quickly in the current strong buyer's market.
What is the total land for sale in Bonfield, Illinois?
There are currently 3 active listings in Bonfield, Illinois. The median asking price is $400K.
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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
Land in Bonfield
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