Gilman, Illinois Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings

Sold (12M)

Median Price

$23K

Market Condition

Strong Buyer's Market

Gilman, Illinois Market Meter

Strong Buyer's Market

12.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price

$23K

Avg Price/Acre

$4K

Avg Days on Market

244

Months of Supply

12.0

YoY Price Change

New Listings (3M)

Land Market Data by Acreage

Data Type:

View:

Acreage	30D	3M	6M	12M	24M	36M
0-1 acres	-	-	-	-	-	-
1-2 acres	-	-	-	-	-	-
2-5 acres	-	-	-	-	1	1
5-10 acres	-	1	1	1	1	1
10-20 acres	-	-	-	-	-	-
20-50 acres	-	-	-	-	-	1
50-100 acres	-	-	-	-	-	-
100+ acres	-	-	-	-	-	-
TOTAL	0	1	1	1	2	3

📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold

For Sale

2-5 acres0 sold / 2 listed

5-10 acres1 sold / 0 listed

10-20 acres0 sold / 1 listed

20-50 acres0 sold / 1 listed

Median Price by Acreage

$0$12K$23K

5- 10

Acreage buckets

Key Market Indicators

Total Sales Volume

$23K

Last 12 months

Active Listings

Current inventory

Avg Days on Market

244

Time to sell

Price Trend (YoY)

Year over year

Gilman, Illinois Land Market Analysis

How much is land worth in Gilman, Illinois?

The median price for land in Gilman, Illinois is currently $4K per acre. For a typical parcel, the median sale price is $23K. Recently, the cheapest land sold for $23K while premium lots reached $23K.

Is now a good time to buy land in Gilman, Illinois?

Gilman, Illinois is currently a strong buyer's market with 12.0 months of supply. Buyers have more negotiating power and can take time to find the right property.

What is the months of supply for land in Gilman, Illinois?

Gilman, Illinois currently has 12.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.

Is now a good time to invest in land in Gilman, Illinois?

The current absorption rate in Gilman, Illinois is 8.3% (3-month basis), indicating moderate demand. The top-performing broker in this market is Landmark Realty of Illinois LLC.

What is the total land for sale in Gilman, Illinois?

There are currently 4 active listings in Gilman, Illinois. The median asking price is $289K.

What is the absorption rate for land in Gilman, Illinois?

The 3-month absorption rate in Gilman, Illinois is 8.3%. The 12-month rate is 2.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

How long does it take to sell land in Gilman, Illinois?

Land in Gilman, Illinois typically sells within 244 days of listing. The median time on market is 244 days. Properties are moving slowly in the current strong buyer's market.

Data Sources & Accuracy

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.

Gilman, Illinois Land Market Statistics

Gilman, Illinois Market Meter

Market Overview

Land Market Data by Acreage

Market Trends & Analysis

Inventory by Acreage (12 Months)

Median Price by Acreage

Key Market Indicators

Gilman, Illinois Land Market Analysis

How much is land worth in Gilman, Illinois?

Is now a good time to buy land in Gilman, Illinois?

What is the months of supply for land in Gilman, Illinois?

Is now a good time to invest in land in Gilman, Illinois?

What is the total land for sale in Gilman, Illinois?

What is the absorption rate for land in Gilman, Illinois?

How long does it take to sell land in Gilman, Illinois?

Data Sources & Accuracy

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