Comprehensive market data and analysis• Updated Dec 2025
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 | 1 | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 1 | 1 | 2 |
Acreage buckets
The median price for land in Magnolia, Illinois is currently $44K per acre. For a typical parcel, the median sale price is $54K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $52K while premium lots reached $57K.
The median land price in Magnolia, Illinois stands at $54K. This translates to roughly $44K per acre for the typical parcel size.
Over the past 12 months, Magnolia, Illinois saw 2 properties sold, totaling $109K in sales volume. In just the last 3 months, 1 properties changed hands.
Land in Magnolia, Illinois typically sells within 35 days of listing. The median time on market is 35 days. Properties are moving quickly in the current very hot seller's market.
The current absorption rate in Magnolia, Illinois is 100.0% (3-month basis), indicating strong demand. With depreciating values (-89.0% YoY), buyers may find value opportunities. The top-performing broker in this market is Local Realty Group, Inc..
The 3-month absorption rate in Magnolia, 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.
Land in Magnolia, Illinois averages $44K per acre. The median price per acre is $44K, which may be more representative of typical transactions. Most parcels sold are around 3.0 acres.
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.