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Mendon, Illinois Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
0
Sold (12M)
1
Median Price
$99K
Market Condition
Strong Buyer's Market

Mendon, Illinois Market Meter

Buyer'sSeller's
Strong Buyer's Market

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$99K
Avg Price/Acre
$13K
Avg Days on Market
28
Months of Supply
-
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres----
2-5 acres----
5-10 acres---1
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL0001
📊 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
5-10 acres1 sold / 0 listed

Median Price by Acreage

$0$50K$99K
5- 10

Acreage buckets

Key Market Indicators

Total Sales Volume
$99K
Last 12 months
Active Listings
0
Current inventory
Avg Days on Market
28
Time to sell
Price Trend (YoY)
-
Year over year

Mendon, Illinois Land Market Analysis

How much is land worth in Mendon, Illinois?

The median price for land in Mendon, Illinois is currently $13K per acre. For a typical parcel, the median sale price is $99K. Recently, the cheapest land sold for $99K while premium lots reached $99K.

How long does it take to sell land in Mendon, Illinois?

Land in Mendon, Illinois typically sells within 28 days of listing. The median time on market is 28 days. Properties are moving quickly.

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

Over the past 12 months, Mendon, Illinois saw 1 properties sold, totaling $99K in sales volume.

What is the average price per acre in Mendon, Illinois?

Land in Mendon, Illinois averages $13K per acre. The median price per acre is $13K, which may be more representative of typical transactions. Most parcels sold are around 7.5 acres.

What is the median land price in Mendon, Illinois?

The median land price in Mendon, Illinois stands at $99K. This translates to roughly $13K per acre for the typical parcel size.

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

The top-performing broker in this market is Bower & Associates, Inc., REALTORS.

What is the absorption rate for land in Mendon, Illinois?

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.

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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