Comprehensive market data and analysis• Updated Dec 2025
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | 2 |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 0 | 2 |
Acreage buckets
The median price for land in London Mills, Illinois is currently $10K per acre. For a typical parcel, the median sale price is $783K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $489K while premium lots reached $1.1M.
The top-performing broker in this market is LandGuys, LLC of Illinois.
Land in London Mills, Illinois typically sells within 62 days of listing. The median time on market is 62 days. Properties are moving at a moderate pace.
Over the past 12 months, London Mills, Illinois saw 2 properties sold, totaling $1.6M in sales volume.
Land in London Mills, Illinois averages $10K per acre. The median price per acre is $10K, which may be more representative of typical transactions. Most parcels sold are around 76.8 acres.
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 London Mills, Illinois stands at $783K. This translates to roughly $10K per acre for the typical parcel size.
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.
