Comprehensive market data and analysis• Updated Oct 2026
27.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 1 | 1 | 2 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 1 | 1 | 4 |
Acreage buckets
The median price for land in Galva, Illinois is currently $9K per acre. For a typical parcel, the median sale price is $15K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $4K while premium lots reached $38K.
Galva, Illinois is currently a strong buyer's market with 27.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Galva, Illinois currently has 27.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Over the past 12 months, Galva, Illinois saw 4 properties sold, totaling $78K in sales volume. In just the last 3 months, 1 properties changed hands.
The 3-month absorption rate in Galva, Illinois is 3.7%. The 12-month rate is 3.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The current absorption rate in Galva, Illinois is 3.7% (3-month basis), indicating slow demand. The top-performing broker in this market is Mel Foster Co. Kewanee.
The median land price in Galva, Illinois stands at $15K. This translates to roughly $9K per acre for the typical parcel size. The average price is $20K, 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, 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 Galva on LandyDandy.
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