Comprehensive market data and analysis• Updated Oct 2026
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | - | 1 | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 1 | 4 |
Acreage buckets
The median price for land in Gallatin County, Illinois is currently $6K per acre. For a typical parcel, the median sale price is $50K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $13K while premium lots reached $1.1M.
Land in Gallatin County, Illinois typically sells within 41 days of listing. The median time on market is 43 days. Properties are moving quickly in the current strong buyer's market.
There are currently 4 active listings in Gallatin County, Illinois. 1 new listings have hit the market in the last 90 days. The median asking price is $160K.
The 12-month rate is 6.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The top-performing broker in this market is ALL IN ONE REAL ESTATE CO.
The median land price in Gallatin County, Illinois stands at $50K. This translates to roughly $6K per acre for the typical parcel size. The average price is $487K, indicating some higher-priced properties pulling up the average.
Over the past 12 months, Gallatin County, Illinois saw 3 properties sold, totaling $1.5M 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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Gallatin County on LandyDandy.
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