Comprehensive market data and analysis• Updated Dec 2025
72.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 8 | 10 |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | - | - | 2 | 2 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | 1 |
| TOTAL | 0 | 1 | 10 | 14 |
Acreage buckets
The median price for land in Genoa, Illinois is currently $93K per acre. For a typical parcel, the median sale price is $39K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $31K while premium lots reached $106K.
Genoa, Illinois is currently a strong buyer's market with 72.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Genoa, Illinois currently has 72.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The current absorption rate in Genoa, Illinois is 1.4% (3-month basis), indicating slow demand. The top-performing broker in this market is Hoffman Realty.
The median land price in Genoa, Illinois stands at $39K. This translates to roughly $93K per acre for the typical parcel size. The average price is $179K, indicating some higher-priced properties pulling up the average.
Over the past 12 months, Genoa, Illinois saw 14 properties sold, totaling $2.5M in sales volume. In just the last 3 months, 1 properties changed hands.
There are currently 24 active listings in Genoa, Illinois. 3 new listings have hit the market in the last 90 days. The median asking price is $51K.
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 Genoa on LandyDandy.
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