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Macon County, Illinois Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
83
Sold (12M)
31
Median Price
$20K
Market Condition
Strong Buyer's Market

Macon County, Illinois Market Meter

Buyer'sSeller's
Strong Buyer's Market

31.1 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$20K
Avg Price/Acre
$24K
Avg Days on Market
136
Months of Supply
31.1
YoY Price Change
-48.6%
New Listings (3M)
14

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres12619
1-2 acres1223
2-5 acres-356
5-10 acres-111
10-20 acres---1
20-50 acres----
50-100 acres----
100+ acres---1
TOTAL281431
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres19 sold / 25 listed
1-2 acres3 sold / 38 listed
2-5 acres6 sold / 11 listed
5-10 acres1 sold / 4 listed
10-20 acres1 sold / 2 listed
20-50 acres0 sold / 1 listed
50-100 acres0 sold / 1 listed
100+ acres1 sold / 0 listed

Median Price by Acreage

$0$150K$300K
0- 1
1- 2
2- 5
5- 10
10- 20
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$1.7M
Last 12 months
Active Listings
83
Current inventory
Avg Days on Market
136
Time to sell
Price Trend (YoY)
-48.6%
Year over year

Macon County, Illinois Land Market Analysis

How much is land worth in Macon County, Illinois?

The median price for land in Macon County, Illinois is currently $24K per acre. For a typical parcel, the median sale price is $20K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $4K while premium lots reached $98K.

Is now a good time to buy land in Macon County, Illinois?

Macon County, Illinois is currently a strong buyer's market with 31.1 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 48.6% year-over-year.

What is the months of supply for land in Macon County, Illinois?

Macon County, Illinois currently has 31.1 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

What is the median land price in Macon County, Illinois?

The median land price in Macon County, Illinois stands at $20K. This translates to roughly $24K per acre for the typical parcel size. The average price is $55K, indicating some higher-priced properties pulling up the average.

What is the total amount sold in Macon County, Illinois last year?

Over the past 12 months, Macon County, Illinois saw 31 properties sold, totaling $1.7M in sales volume. In just the last 3 months, 8 properties changed hands.

Is now a good time to invest in land in Macon County, Illinois?

The current absorption rate in Macon County, Illinois is 3.2% (3-month basis), indicating slow demand. With depreciating values (-48.6% YoY), buyers may find value opportunities.

What is the absorption rate for land in Macon County, Illinois?

The 3-month absorption rate in Macon County, Illinois is 3.2%. The 12-month rate is 3.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

Data Sources & Accuracy

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.

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