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Illinois City, Illinois Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
1
Sold (12M)
2
Median Price
$420K
Market Condition
Strong Buyer's Market

Illinois City, Illinois Market Meter

Buyer'sSeller's
Strong Buyer's Market

999.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$420K
Avg Price/Acre
$6K
Avg Days on Market
56
Months of Supply
999.0
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres----
2-5 acres----
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres--12
100+ acres----
TOTAL0012
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
1-2 acres0 sold / 1 listed
50-100 acres2 sold / 0 listed

Median Price by Acreage

$0$210K$420K
50- 100

Acreage buckets

Key Market Indicators

Total Sales Volume
$840K
Last 12 months
Active Listings
1
Current inventory
Avg Days on Market
56
Time to sell
Price Trend (YoY)
-
Year over year

Illinois City, Illinois Land Market Analysis

How much is land worth in Illinois City, Illinois?

The median price for land in Illinois City, Illinois is currently $6K per acre. For a typical parcel, the median sale price is $420K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $276K while premium lots reached $564K.

What is the absorption rate for land in Illinois City, Illinois?

The 12-month rate is 16.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

Is now a good time to invest in land in Illinois City, Illinois?

The top-performing broker in this market is LandGuys, LLC of Illinois.

What is the median land price in Illinois City, Illinois?

The median land price in Illinois City, Illinois stands at $420K. This translates to roughly $6K per acre for the typical parcel size.

What is the average price per acre in Illinois City, Illinois?

Land in Illinois City, Illinois averages $6K per acre. The median price per acre is $6K, which may be more representative of typical transactions. Most parcels sold are around 66.0 acres.

What is the total amount sold in Illinois City, Illinois last year?

Over the past 12 months, Illinois City, Illinois saw 2 properties sold, totaling $840K in sales volume.

How long does it take to sell land in Illinois City, Illinois?

Land in Illinois City, Illinois typically sells within 56 days of listing. The median time on market is 56 days. Properties are moving quickly in the current strong buyer's market.

Data Sources & Accuracy

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.

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