Comprehensive market data and analysis• Updated Dec 2025
21.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 1 |
| 1-2 acres | 1 | 1 | 1 | 1 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | 2 |
| 20-50 acres | - | - | 1 | 2 |
| 50-100 acres | - | - | 1 | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 1 | 3 | 7 |
Acreage buckets
The median price for land in Mc Leansboro, Illinois is currently $7K per acre. For a typical parcel, the median sale price is $85K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $34K while premium lots reached $350K.
Mc Leansboro, Illinois is currently a strong buyer's market with 21.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 80.8% year-over-year.
Mc Leansboro, Illinois currently has 21.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
There are currently 7 active listings in Mc Leansboro, Illinois. 2 new listings have hit the market in the last 90 days. The median asking price is $30K.
Land in Mc Leansboro, Illinois typically sells within 92 days of listing. The median time on market is 13 days. Properties are moving at a moderate pace in the current strong buyer's market.
Land in Mc Leansboro, Illinois averages $15K per acre. The median price per acre is $7K, which may be more representative of typical transactions. Most parcels sold are around 17.0 acres.
The 3-month absorption rate in Mc Leansboro, Illinois is 4.8%. The 12-month rate is 8.3%. 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. 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.
