Comprehensive market data and analysis• Updated Dec 2025
2.0 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 2 | 2 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | 1 | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | 2 | 2 | 2 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 3 | 5 | 5 |
Acreage buckets
The median price for land in Elkville, Illinois is currently $12K per acre. For a typical parcel, the median sale price is $58K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $9K while premium lots reached $158K.
Elkville, Illinois is currently a very hot seller's market with 2.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Elkville, Illinois currently has 2.0 months of inventory supply. This indicates a very hot seller's market. Low supply means competition for available properties is high.
Over the past 12 months, Elkville, Illinois saw 5 properties sold, totaling $387K in sales volume. In just the last 3 months, 3 properties changed hands.
There are currently 2 active listings in Elkville, Illinois. The median asking price is $109K.
Land in Elkville, Illinois typically sells within 60 days of listing. The median time on market is 60 days. Properties are moving at a moderate pace in the current very hot seller's market.
The current absorption rate in Elkville, Illinois is 50.0% (3-month basis), indicating strong demand. The top-performing broker in this market is Southern Illinois Realty Experts Carbondale.
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.
