Comprehensive market data and analysis• Updated Dec 2025
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | 2 |
| 100+ acres | - | - | - | 1 |
| TOTAL | 0 | 0 | 0 | 4 |
Acreage buckets
The median price for land in Karnak, Illinois is currently $3K per acre. For a typical parcel, the median sale price is $246K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $63K while premium lots reached $378K.
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.
The median land price in Karnak, Illinois stands at $246K. This translates to roughly $3K per acre for the typical parcel size. The average price is $228K, showing a fairly consistent market.
The top-performing broker in this market is Premier Farm Realty Group LLC.
Land in Karnak, Illinois averages $10K per acre. The median price per acre is $3K, which may be more representative of typical transactions. Most parcels sold are around 81.5 acres.
Over the past 12 months, Karnak, Illinois saw 4 properties sold, totaling $912K in sales volume.
Land in Karnak, Illinois typically sells within 147 days of listing. The median time on market is 147 days. Properties are moving slowly in the current strong buyer's market.
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.
