Comprehensive market data and analysis• Updated Dec 2025
9.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 2 | 4 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 2 | 4 |
Acreage buckets
The median price for land in Hoopeston, Illinois is currently $36K per acre. For a typical parcel, the median sale price is $19K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $6K while premium lots reached $38K.
Hoopeston, Illinois is currently a buyer's market with 9.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Hoopeston, Illinois currently has 9.0 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
Land in Hoopeston, Illinois typically sells within 176 days of listing. The median time on market is 194 days. Properties are moving slowly in the current buyer's market.
The current absorption rate in Hoopeston, Illinois is 11.1% (3-month basis), indicating moderate demand.
Land in Hoopeston, Illinois averages $38K per acre. The median price per acre is $36K, which may be more representative of typical transactions. Most parcels sold are around 23,740 sq ft.
There are currently 3 active listings in Hoopeston, Illinois. 3 new listings have hit the market in the last 90 days. The median asking price is $30K.
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.
