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 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | 1 | 1 | 2 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 1 | 4 |
Acreage buckets
The median price for land in Kewanee, Illinois is currently $9K per acre. For a typical parcel, the median sale price is $163K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $74K while premium lots reached $242K.
Land in Kewanee, Illinois averages $18K per acre. The median price per acre is $9K, which may be more representative of typical transactions. Most parcels sold are around 22.9 acres.
The current absorption rate in Kewanee, Illinois is 100.0% (3-month basis), indicating strong demand. The top-performing broker in this market is Mel Foster Co. Kewanee.
The 3-month absorption rate in Kewanee, 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 Kewanee, Illinois stands at $163K. This translates to roughly $9K per acre for the typical parcel size. The average price is $159K, showing a fairly consistent market.
Land in Kewanee, Illinois typically sells within 154 days of listing. The median time on market is 117 days. Properties are moving slowly in the current very hot seller's market.
Over the past 12 months, Kewanee, Illinois saw 4 properties sold, totaling $638K in sales volume. In just the last 3 months, 1 properties changed hands.
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 Kewanee on LandyDandy.
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