Gorham, Illinois Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings

Sold (12M)

Median Price

$110K

Market Condition

Strong Buyer's Market

Gorham, Illinois Market Meter

Strong Buyer's Market

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price

$110K

Avg Price/Acre

$7K

Avg Days on Market

Months of Supply

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	-	-	-	-	-	-
5-10 acres	-	-	-	-	-	-
10-20 acres	-	-	-	1	1	1
20-50 acres	-	-	-	-	-	-
50-100 acres	-	-	-	-	-	-
100+ acres	-	-	-	-	-	-
TOTAL	0	0	0	1	1	1

📊 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

10-20 acres1 sold / 0 listed

Median Price by Acreage

$0$55K$110K

10- 20

Acreage buckets

Key Market Indicators

Total Sales Volume

$110K

Last 12 months

Active Listings

Current inventory

Avg Days on Market

Time to sell

Price Trend (YoY)

Year over year

Gorham, Illinois Land Market Analysis

How much is land worth in Gorham, Illinois?

The median price for land in Gorham, Illinois is currently $7K per acre. For a typical parcel, the median sale price is $110K. Recently, the cheapest land sold for $110K while premium lots reached $110K.

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

The 12-month rate is 100.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

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

The top-performing broker in this market is JOE OLLIS REAL ESTATE & AUCTION.

What is the median land price in Gorham, Illinois?

The median land price in Gorham, Illinois stands at $110K. This translates to roughly $7K per acre for the typical parcel size.

What is the average price per acre in Gorham, Illinois?

Land in Gorham, Illinois averages $7K per acre. The median price per acre is $7K, which may be more representative of typical transactions. Most parcels sold are around 15.8 acres.

What is the total amount sold in Gorham, Illinois last year?

Over the past 12 months, Gorham, Illinois saw 1 properties sold, totaling $110K in sales volume.

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

Land in Gorham, Illinois typically sells within 28 days of listing. The median time on market is 28 days. Properties are moving quickly.

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.

Gorham, Illinois Land Market Statistics

Gorham, 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

Gorham, Illinois Land Market Analysis

How much is land worth in Gorham, Illinois?

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

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

What is the median land price in Gorham, Illinois?

What is the average price per acre in Gorham, Illinois?

What is the total amount sold in Gorham, Illinois last year?

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

Data Sources & Accuracy

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