Comprehensive market data and analysis• Updated Dec 2025
3.0 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 1 |
| 1-2 acres | - | - | 1 | 2 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | 1 | 1 | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 2 | 4 |
Acreage buckets
The median price for land in Gillespie, Illinois is currently $17K per acre. For a typical parcel, the median sale price is $29K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $18K while premium lots reached $108K.
Gillespie, Illinois is currently a seller's market with 3.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Gillespie, Illinois currently has 3.0 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
Land in Gillespie, Illinois typically sells within 59 days of listing. The median time on market is 46 days. Properties are moving quickly in the current seller's market.
The current absorption rate in Gillespie, Illinois is 33.3% (3-month basis), indicating strong demand. The top-performing broker in this market is Adams Auction & Real Estate Services Inc..
There are currently 1 active listings in Gillespie, Illinois. 1 new listings have hit the market in the last 90 days. The median asking price is $8K.
Land in Gillespie, Illinois averages $16K per acre. The median price per acre is $17K, which may be more representative of typical transactions. Most parcels sold are around 1.5 acres.
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.
