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Joy, Illinois Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
0
Sold (12M)
2
Median Price
$352K
Market Condition
Strong Buyer's Market

Joy, Illinois Market Meter

Buyer'sSeller's
Strong Buyer's Market

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$352K
Avg Price/Acre
$9K
Avg Days on Market
114
Months of Supply
-
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--11
20-50 acres----
50-100 acres---1
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
10-20 acres1 sold / 0 listed
50-100 acres1 sold / 0 listed

Median Price by Acreage

$0$269K$538K
10- 20
50- 100

Acreage buckets

Key Market Indicators

Total Sales Volume
$705K
Last 12 months
Active Listings
0
Current inventory
Avg Days on Market
114
Time to sell
Price Trend (YoY)
-
Year over year

Joy, Illinois Land Market Analysis

How much is land worth in Joy, Illinois?

The median price for land in Joy, Illinois is currently $9K per acre. For a typical parcel, the median sale price is $352K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $204K while premium lots reached $500K.

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

Land in Joy, Illinois averages $9K per acre. The median price per acre is $9K, which may be more representative of typical transactions. Most parcels sold are around 45.8 acres.

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

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

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

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.

What is the median land price in Joy, Illinois?

The median land price in Joy, Illinois stands at $352K. This translates to roughly $9K per acre for the typical parcel size.

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

Land in Joy, Illinois typically sells within 114 days of listing. The median time on market is 114 days. Properties are moving at a moderate pace.

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

Over the past 12 months, Joy, Illinois saw 2 properties sold, totaling $705K in sales volume.

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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