How much is land worth in Gilberts, Illinois?
The median price for land in Gilberts, Illinois is currently $74K per acre. For a typical parcel, the median sale price is $20K. Recently, the cheapest land sold for $20K while premium lots reached $20K.
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 | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 1 | 1 |
Acreage buckets
The median price for land in Gilberts, Illinois is currently $74K per acre. For a typical parcel, the median sale price is $20K. Recently, the cheapest land sold for $20K while premium lots reached $20K.
The 12-month rate is 0.8%. 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 GC Realty and Development.
Land in Gilberts, Illinois typically sells within 185 days of listing. The median time on market is 185 days. Properties are moving slowly in the current strong buyer's market.
There are currently 10 active listings in Gilberts, Illinois. The median asking price is $1.0M.
Over the past 12 months, Gilberts, Illinois saw 1 properties sold, totaling $20K in sales volume.
Land in Gilberts, Illinois averages $74K per acre. The median price per acre is $74K, which may be more representative of typical transactions. Most parcels sold are around 11,761 sq ft.
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.