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Grundy County, Illinois Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
111
Sold (12M)
57
Median Price
$80K
Market Condition
Strong Buyer's Market

Grundy County, Illinois Market Meter

Buyer'sSeller's
Strong Buyer's Market

19.6 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$80K
Avg Price/Acre
$63K
Avg Days on Market
160
Months of Supply
19.6
YoY Price Change
-16.0%
New Listings (3M)
16

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-31025
1-2 acres-446
2-5 acres-355
5-10 acres-4512
10-20 acres---1
20-50 acres-122
50-100 acres-122
100+ acres---1
TOTAL0162854
📊 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
0-1 acres25 sold / 58 listed
1-2 acres6 sold / 15 listed
2-5 acres5 sold / 13 listed
5-10 acres12 sold / 8 listed
10-20 acres1 sold / 4 listed
20-50 acres2 sold / 3 listed
50-100 acres2 sold / 5 listed
100+ acres1 sold / 1 listed

Median Price by Acreage

$0$475K$950K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$24.7M
Last 12 months
Active Listings
111
Current inventory
Avg Days on Market
160
Time to sell
Price Trend (YoY)
-16.0%
Year over year

Grundy County, Illinois Land Market Analysis

How much is land worth in Grundy County, Illinois?

The median price for land in Grundy County, Illinois is currently $63K per acre. For a typical parcel, the median sale price is $80K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $39K while premium lots reached $573K.

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

Grundy County, Illinois is currently a strong buyer's market with 19.6 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 16.0% year-over-year.

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

Grundy County, Illinois currently has 19.6 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

What is the total land for sale in Grundy County, Illinois?

There are currently 111 active listings in Grundy County, Illinois. 16 new listings have hit the market in the last 90 days. The median asking price is $85K.

What is the average price per acre in Grundy County, Illinois?

Land in Grundy County, Illinois averages $144K per acre. The median price per acre is $63K, which may be more representative of typical transactions. Most parcels sold are around 1.5 acres.

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

Land in Grundy County, Illinois typically sells within 160 days of listing. The median time on market is 73 days. Properties are moving slowly in the current strong buyer's market.

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

The current absorption rate in Grundy County, Illinois is 5.1% (3-month basis), indicating slow demand. With depreciating values (-16.0% YoY), buyers may find value opportunities. The top-performing broker in this market is Advantage Realty, Inc..

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.

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