Carmi, Illinois Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings

Sold (12M)

Median Price

$29K

Market Condition

Strong Buyer's Market

Carmi, Illinois Market Meter

Strong Buyer's Market

15.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price

$29K

Avg Price/Acre

$3K

Avg Days on Market

Months of Supply

15.0

YoY Price Change

New Listings (3M)

Land Market Data by Acreage

Data Type:

View:

Acreage	30D	3M	6M	12M	24M	36M
0-1 acres	-	-	-	-	-	2
1-2 acres	-	-	-	-	-	-
2-5 acres	-	-	-	-	-	-
5-10 acres	-	1	1	1	1	1
10-20 acres	-	-	-	-	-	-
20-50 acres	-	-	-	-	-	-
50-100 acres	-	-	-	-	-	-
100+ acres	-	-	-	-	-	-
TOTAL	0	1	1	1	1	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 acres0 sold / 2 listed

2-5 acres0 sold / 1 listed

5-10 acres1 sold / 1 listed

Median Price by Acreage

$0$15K$29K

5- 10

Acreage buckets

Key Market Indicators

Total Sales Volume

$29K

Last 12 months

Active Listings

Current inventory

Avg Days on Market

Time to sell

Price Trend (YoY)

Year over year

Carmi, Illinois Land Market Analysis

How much is land worth in Carmi, Illinois?

The median price for land in Carmi, Illinois is currently $3K per acre. For a typical parcel, the median sale price is $29K. Recently, the cheapest land sold for $29K while premium lots reached $29K.

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

Carmi, Illinois is currently a strong buyer's market with 15.0 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 Carmi, Illinois?

Carmi, Illinois currently has 15.0 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 Carmi, Illinois?

Land in Carmi, Illinois averages $3K per acre. The median price per acre is $3K, which may be more representative of typical transactions. Most parcels sold are around 9.2 acres.

How long does it take to sell land in Carmi, Illinois?

Land in Carmi, Illinois typically sells within 52 days of listing. The median time on market is 52 days. Properties are moving quickly in the current strong buyer's market.

What is the total land for sale in Carmi, Illinois?

There are currently 5 active listings in Carmi, Illinois. 4 new listings have hit the market in the last 90 days. The median asking price is $100K.

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

The 3-month absorption rate in Carmi, Illinois is 6.7%. The 12-month rate is 1.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

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.

Carmi, Illinois Land Market Statistics

Carmi, 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

Carmi, Illinois Land Market Analysis

How much is land worth in Carmi, Illinois?

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

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

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

How long does it take to sell land in Carmi, Illinois?

What is the total land for sale in Carmi, Illinois?

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

Data Sources & Accuracy

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