Comprehensive market data and analysis• Updated Oct 2026
36.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 3 | 5 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | 1 | 2 | 2 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 5 | 7 |
Acreage buckets
The median price for land in Mahomet, Illinois is currently $354K per acre. For a typical parcel, the median sale price is $350K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $83K while premium lots reached $576K.
Mahomet, Illinois is currently a strong buyer's market with 36.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Mahomet, Illinois currently has 36.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Land in Mahomet, Illinois averages $895K per acre. The median price per acre is $354K, which may be more representative of typical transactions. Most parcels sold are around 10,250 sq ft.
The current absorption rate in Mahomet, Illinois is 2.8% (3-month basis), indicating slow demand. The top-performing broker in this market is Nate Evans Group.
There are currently 12 active listings in Mahomet, Illinois. The median asking price is $137K.
The 3-month absorption rate in Mahomet, Illinois is 2.8%. The 12-month rate is 6.9%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
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 Mahomet on LandyDandy.
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