Comprehensive market data and analysis• Updated Dec 2025
46.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 3 | 7 |
| 1-2 acres | - | 1 | 2 | 2 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | 1 | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | 1 | 1 | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 2 | 7 | 11 |
Acreage buckets
The median price for land in Danville, Illinois is currently $16K per acre. For a typical parcel, the median sale price is $17K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $5K while premium lots reached $100K.
Danville, Illinois is currently a strong buyer's market with 46.5 months of supply. Buyers have more negotiating power and can take time to find the right property.
Danville, Illinois currently has 46.5 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The median land price in Danville, Illinois stands at $17K. This translates to roughly $16K per acre for the typical parcel size. The average price is $94K, indicating some higher-priced properties pulling up the average.
Land in Danville, Illinois averages $39K per acre. The median price per acre is $16K, which may be more representative of typical transactions. Most parcels sold are around 35,284 sq ft.
Over the past 12 months, Danville, Illinois saw 11 properties sold, totaling $1.0M in sales volume. In just the last 3 months, 2 properties changed hands.
There are currently 31 active listings in Danville, Illinois. 2 new listings have hit the market in the last 90 days. The median asking price is $30K.
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.
