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Cook County, Illinois Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
928
Sold (12M)
514
Median Price
$146K
Market Condition
Strong Buyer's Market

Cook County, Illinois Market Meter

Buyer'sSeller's
Strong Buyer's Market

27.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$146K
Avg Price/Acre
$685K
Avg Days on Market
151
Months of Supply
27.0
YoY Price Change
+36.0%
New Listings (3M)
297

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres1387207449
1-2 acres-3920
2-5 acres--58
5-10 acres---3
10-20 acres--11
20-50 acres-111
50-100 acres----
100+ acres----
TOTAL1391223482
📊 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 acres449 sold / 783 listed
1-2 acres20 sold / 38 listed
2-5 acres8 sold / 24 listed
5-10 acres3 sold / 9 listed
10-20 acres1 sold / 6 listed
20-50 acres1 sold / 8 listed
50-100 acres0 sold / 6 listed
100+ acres0 sold / 3 listed

Median Price by Acreage

$0$407K$814K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50

Acreage buckets

Key Market Indicators

Total Sales Volume
$195.8M
Last 12 months
Active Listings
928
Current inventory
Avg Days on Market
151
Time to sell
Price Trend (YoY)
+36.0%
Year over year

Cook County, Illinois Land Market Analysis

How much is land worth in Cook County, Illinois?

The median price for land in Cook County, Illinois is currently $685K per acre. For a typical parcel, the median sale price is $146K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $17K while premium lots reached $979K.

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

Cook County, Illinois is currently a strong buyer's market with 27.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 36.0% year-over-year.

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

Cook County, Illinois currently has 27.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

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

Land in Cook County, Illinois typically sells within 151 days of listing. The median time on market is 78 days. Properties are moving slowly in the current strong buyer's market.

What is the median land price in Cook County, Illinois?

The median land price in Cook County, Illinois stands at $146K. This translates to roughly $685K per acre for the typical parcel size. The average price is $381K, indicating some higher-priced properties pulling up the average.

What is the average price per acre in Cook County, Illinois?

Land in Cook County, Illinois averages $2.1M per acre. The median price per acre is $685K, which may be more representative of typical transactions. Most parcels sold are around 6,600 sq ft.

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

The current absorption rate in Cook County, Illinois is 3.7% (3-month basis), indicating slow demand. With appreciating values (+36.0% YoY), the market shows growth potential. The top-performing broker in this market is @properties Christie's International Real Estate.

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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