Comprehensive market data and analysis• Updated Oct 2026
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | 1 |
| TOTAL | 0 | 0 | 0 | 2 |
Acreage buckets
The median price for land in Cerro Gordo, Illinois is currently $17K per acre. For a typical parcel, the median sale price is $2.6M. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $1.1M while premium lots reached $4.2M.
The median land price in Cerro Gordo, Illinois stands at $2.6M. This translates to roughly $17K per acre for the typical parcel size.
Land in Cerro Gordo, Illinois averages $17K per acre. The median price per acre is $17K, which may be more representative of typical transactions. Most parcels sold are around 158.6 acres.
Over the past 12 months, Cerro Gordo, Illinois saw 2 properties sold, totaling $5.3M in sales volume.
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.
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.
See land for sale and off-market property records in Cerro Gordo on LandyDandy.
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