Comprehensive market data and analysis• Updated Oct 2026
20.4 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 2 | 3 | 5 | 10 |
| 1-2 acres | - | - | 1 | 1 |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | 1 | 2 | 4 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 2 | 4 | 8 | 18 |
Acreage buckets
The median price for land in Henry County, Illinois is currently $25K per acre. For a typical parcel, the median sale price is $45K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $8K while premium lots reached $204K.
Henry County, Illinois is currently a strong buyer's market with 20.4 months of supply. Buyers have more negotiating power and can take time to find the right property.
Henry County, Illinois currently has 20.4 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 Henry County, Illinois averages $63K per acre. The median price per acre is $25K, which may be more representative of typical transactions. Most parcels sold are around 40,511 sq ft.
The 3-month absorption rate in Henry County, Illinois is 4.9%. The 12-month rate is 4.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
There are currently 34 active listings in Henry County, Illinois. 3 new listings have hit the market in the last 90 days. The median asking price is $37K.
Land in Henry County, Illinois typically sells within 202 days of listing. The median time on market is 125 days. Properties are moving slowly in the current strong buyer's market.
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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Henry County on LandyDandy.
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