Comprehensive market data and analysis• Updated Oct 2026
12.6 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 1 | 2 | 7 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | 2 | 3 |
| 5-10 acres | 1 | 2 | 2 | 4 |
| 10-20 acres | - | - | 1 | 1 |
| 20-50 acres | 1 | 1 | 1 | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | 1 |
| TOTAL | 3 | 4 | 8 | 17 |
Acreage buckets
The median price for land in Homer Glen, Illinois is currently $107K per acre. For a typical parcel, the median sale price is $268K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $141K while premium lots reached $1.2M.
Homer Glen, Illinois is currently a strong buyer's market with 12.6 months of supply. Buyers have more negotiating power and can take time to find the right property.
Homer Glen, Illinois currently has 12.6 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
The 3-month absorption rate in Homer Glen, Illinois is 7.9%. The 12-month rate is 7.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Homer Glen, Illinois saw 18 properties sold, totaling $11.5M in sales volume. In just the last 3 months, 5 properties changed hands.
Land in Homer Glen, Illinois averages $268K per acre. The median price per acre is $107K, which may be more representative of typical transactions. Most parcels sold are around 2.7 acres.
There are currently 21 active listings in Homer Glen, Illinois. 2 new listings have hit the market in the last 90 days. The median asking price is $499K.
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 Homer Glen on LandyDandy.
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