Comprehensive market data and analysis• Updated Dec 2025
18.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 1 | 3 | 8 |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | 1 | 1 |
| 20-50 acres | - | 1 | 1 | 3 |
| 50-100 acres | - | 1 | 1 | 3 |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 3 | 6 | 16 |
Acreage buckets
The median price for land in Hancock County, Illinois is currently $11K per acre. For a typical parcel, the median sale price is $28K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $7K while premium lots reached $280K.
Hancock County, Illinois is currently a strong buyer's market with 18.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Hancock County, Illinois currently has 18.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Land in Hancock County, Illinois typically sells within 107 days of listing. The median time on market is 46 days. Properties are moving at a moderate pace in the current strong buyer's market.
Land in Hancock County, Illinois averages $25K per acre. The median price per acre is $11K, which may be more representative of typical transactions. Most parcels sold are around 1.0 acres.
The 3-month absorption rate in Hancock County, Illinois is 5.6%. The 12-month rate is 7.4%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The median land price in Hancock County, Illinois stands at $28K. This translates to roughly $11K per acre for the typical parcel size. The average price is $104K, indicating some higher-priced properties pulling up the average.
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.
