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Elmwood Park, Illinois Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
2
Sold (12M)
1
Median Price
$700K
Market Condition
Strong Buyer's Market

Elmwood Park, Illinois Market Meter

Buyer'sSeller's
Strong Buyer's Market

999.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$700K
Avg Price/Acre
$1.3M
Avg Days on Market
-
Months of Supply
999.0
YoY Price Change
-
New Listings (3M)
1

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres---1
1-2 acres----
2-5 acres----
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL0001
📊 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 acres1 sold / 0 listed

Median Price by Acreage

$0$350K$700K
0- 1

Acreage buckets

Key Market Indicators

Total Sales Volume
$700K
Last 12 months
Active Listings
2
Current inventory
Avg Days on Market
-
Time to sell
Price Trend (YoY)
-
Year over year

Elmwood Park, Illinois Land Market Analysis

How much is land worth in Elmwood Park, Illinois?

The median price for land in Elmwood Park, Illinois is currently $1.3M per acre. For a typical parcel, the median sale price is $700K. Recently, the cheapest land sold for $700K while premium lots reached $700K.

What is the total amount sold in Elmwood Park, Illinois last year?

Over the past 12 months, Elmwood Park, Illinois saw 1 properties sold, totaling $700K in sales volume.

Is now a good time to invest in land in Elmwood Park, Illinois?

The top-performing broker in this market is Miller Chicago LLC.

What is the median land price in Elmwood Park, Illinois?

The median land price in Elmwood Park, Illinois stands at $700K. This translates to roughly $1.3M per acre for the typical parcel size.

What is the total land for sale in Elmwood Park, Illinois?

There are currently 2 active listings in Elmwood Park, Illinois. 1 new listings have hit the market in the last 90 days. The median asking price is $650K.

What is the average price per acre in Elmwood Park, Illinois?

Land in Elmwood Park, Illinois averages $1.3M per acre. The median price per acre is $1.3M, which may be more representative of typical transactions. Most parcels sold are around 23,500 sq ft.

What is the absorption rate for land in Elmwood Park, Illinois?

The 12-month rate is 4.2%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

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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