Comprehensive market data and analysis• Updated Dec 2025
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 0 | 2 |
Acreage buckets
The median price for land in Franklin Grove, Illinois is currently $10K per acre. For a typical parcel, the median sale price is $229K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $92K while premium lots reached $366K.
The 12-month rate is 16.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The median land price in Franklin Grove, Illinois stands at $229K. This translates to roughly $10K per acre for the typical parcel size.
Land in Franklin Grove, Illinois typically sells within 77 days of listing. The median time on market is 77 days. Properties are moving at a moderate pace in the current strong buyer's market.
Land in Franklin Grove, Illinois averages $10K per acre. The median price per acre is $10K, which may be more representative of typical transactions. Most parcels sold are around 22.8 acres.
Over the past 12 months, Franklin Grove, Illinois saw 2 properties sold, totaling $458K in sales volume.
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.
