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Buncombe, Illinois Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
0
Sold (12M)
1
Median Price
$314K
Market Condition
Very Hot Seller's Market

Buncombe, Illinois Market Meter

Buyer'sSeller's
Very Hot Seller's Market

0.0 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$314K
Avg Price/Acre
$5K
Avg Days on Market
-
Months of Supply
0.0
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres----
2-5 acres----
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres-111
100+ acres----
TOTAL0111
📊 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
50-100 acres1 sold / 0 listed

Median Price by Acreage

$0$157K$314K
50- 100

Acreage buckets

Key Market Indicators

Total Sales Volume
$314K
Last 12 months
Active Listings
0
Current inventory
Avg Days on Market
-
Time to sell
Price Trend (YoY)
-
Year over year

Buncombe, Illinois Land Market Analysis

How much is land worth in Buncombe, Illinois?

The median price for land in Buncombe, Illinois is currently $5K per acre. For a typical parcel, the median sale price is $314K. Recently, the cheapest land sold for $314K while premium lots reached $314K.

What is the median land price in Buncombe, Illinois?

The median land price in Buncombe, Illinois stands at $314K. This translates to roughly $5K per acre for the typical parcel size.

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

Land in Buncombe, Illinois averages $5K per acre. The median price per acre is $5K, which may be more representative of typical transactions. Most parcels sold are around 65.0 acres.

What is the total amount sold in Buncombe, Illinois last year?

Over the past 12 months, Buncombe, Illinois saw 1 properties sold, totaling $314K in sales volume. In just the last 3 months, 1 properties changed hands.

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

The 3-month absorption rate in Buncombe, Illinois is 100.0%. 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.

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

The current absorption rate in Buncombe, Illinois is 100.0% (3-month basis), indicating strong demand. The top-performing broker in this market is LandGuys, LLC of Illinois.

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.

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