Comprehensive market data and analysis• Updated Oct 2026
13.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 2 | 3 | 3 | 4 |
| 1-2 acres | - | - | 1 | 1 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 2 | 3 | 4 | 5 |
Acreage buckets
The median price for land in Machesney Park, Illinois is currently $93K per acre. For a typical parcel, the median sale price is $40K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $37K while premium lots reached $71K.
Machesney Park, Illinois is currently a strong buyer's market with 13.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Machesney Park, Illinois currently has 13.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
The 3-month absorption rate in Machesney Park, Illinois is 7.7%. The 12-month rate is 3.2%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The median land price in Machesney Park, Illinois stands at $40K. This translates to roughly $93K per acre for the typical parcel size. The average price is $50K, indicating some higher-priced properties pulling up the average.
Land in Machesney Park, Illinois typically sells within 192 days of listing. The median time on market is 53 days. Properties are moving slowly in the current strong buyer's market.
Land in Machesney Park, Illinois averages $100K per acre. The median price per acre is $93K, which may be more representative of typical transactions. Most parcels sold are around 19,602 sq ft.
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 Machesney Park on LandyDandy.
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