Comprehensive market data and analysis• Updated Dec 2025
17.2 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 3 | 5 | 11 |
| 1-2 acres | - | 1 | 2 | 3 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 4 | 7 | 14 |
Acreage buckets
The median price for land in Effingham, Illinois is currently $86K per acre. For a typical parcel, the median sale price is $60K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $25K while premium lots reached $167K.
Effingham, Illinois is currently a strong buyer's market with 17.2 months of supply. Buyers have more negotiating power and can take time to find the right property.
Effingham, Illinois currently has 17.2 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
Land in Effingham, Illinois typically sells within 218 days of listing. The median time on market is 25 days. Properties are moving slowly in the current strong buyer's market.
Land in Effingham, Illinois averages $136K per acre. The median price per acre is $86K, which may be more representative of typical transactions. Most parcels sold are around 30,492 sq ft.
The current absorption rate in Effingham, Illinois is 5.8% (3-month basis), indicating slow demand. The top-performing broker in this market is Real Broker, LLC.
The median land price in Effingham, Illinois stands at $60K. This translates to roughly $86K per acre for the typical parcel size. The average price is $127K, indicating some higher-priced properties pulling up the average.
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.
