Comprehensive market data and analysis• Updated Oct 2026
0.0 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | 1 | 1 | 1 |
| 50-100 acres | - | - | - | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 1 | 2 |
Acreage buckets
The median price for land in Hopedale, Illinois is currently $7K per acre. For a typical parcel, the median sale price is $410K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $218K while premium lots reached $602K.
Over the past 12 months, Hopedale, Illinois saw 2 properties sold, totaling $821K in sales volume. In just the last 3 months, 1 properties changed hands.
The current absorption rate in Hopedale, Illinois is 100.0% (3-month basis), indicating strong demand.
The 3-month absorption rate in Hopedale, Illinois is 100.0%. The 12-month rate is 100.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The median land price in Hopedale, Illinois stands at $410K. This translates to roughly $7K per acre for the typical parcel size.
Land in Hopedale, Illinois averages $7K per acre. The median price per acre is $7K, which may be more representative of typical transactions. Most parcels sold are around 52.6 acres.
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 Hopedale on LandyDandy.
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