Comprehensive market data and analysis• Updated Oct 2026
10.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 7 | 20 | 38 | 51 |
| 1-2 acres | - | 2 | 5 | 7 |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | - | - | 2 |
| 50-100 acres | - | 1 | 1 | 2 |
| 100+ acres | 1 | 2 | 2 | 2 |
| TOTAL | 8 | 25 | 46 | 66 |
Acreage buckets
The median price for land in Lee County, Illinois is currently $168K per acre. For a typical parcel, the median sale price is $37K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $16K while premium lots reached $92K.
Lee County, Illinois is currently a buyer's market with 10.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 17.5% year-over-year.
Lee County, Illinois currently has 10.0 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
There are currently 226 active listings in Lee County, Illinois. 64 new listings have hit the market in the last 90 days. The median asking price is $45K.
The current absorption rate in Lee County, Illinois is 10.0% (3-month basis), indicating moderate demand. With appreciating values (+17.5% YoY), the market shows growth potential. The top-performing broker in this market is Woodhaven Lakes Realty Inc.
Land in Lee County, Illinois typically sells within 154 days of listing. The median time on market is 77 days. Properties are moving slowly in the current buyer's market.
The median land price in Lee County, Illinois stands at $37K. This translates to roughly $168K per acre for the typical parcel size. The average price is $75K, indicating some higher-priced properties pulling up the average.
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 Lee County on LandyDandy.
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