How much is land worth in Milford, Illinois?
The median price for land in Milford, Illinois is currently $7K per acre. For a typical parcel, the median sale price is $28K. Recently, the cheapest land sold for $28K while premium lots reached $28K.
Milford, Illinois Land Market Statistics
Comprehensive market data and analysis• Updated Dec 2025
Active Listings
1
Sold (12M)
1
Median Price
$28K
Market Condition
Seller's Market
Milford, Illinois Market Meter
Seller's Market
3.0 months of supply
Low inventory favors sellers with higher prices and faster sales.
Market Overview
Median Price
$28K
Avg Price/Acre
$7K
Avg Days on Market
-
Months of Supply
3.0
YoY Price Change
-
New Listings (3M)
1
Land Market Data by Acreage
Data Type:
View:
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | 1 | 1 | 1 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 1 | 1 |
📊 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
2-5 acres1 sold / 0 listed
100+ acres0 sold / 1 listed
Median Price by Acreage
$0$14K$28K
2-
5
Acreage buckets
Key Market Indicators
Total Sales Volume
$28K
Last 12 months
Active Listings
1
Current inventory
Avg Days on Market
-
Time to sell
Price Trend (YoY)
-
Year over year
Milford, Illinois Land Market Analysis
Is now a good time to buy land in Milford, Illinois?
Milford, Illinois is currently a seller's market with 3.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
What is the months of supply for land in Milford, Illinois?
Milford, Illinois currently has 3.0 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
What is the total amount sold in Milford, Illinois last year?
Over the past 12 months, Milford, Illinois saw 1 properties sold, totaling $28K in sales volume. In just the last 3 months, 1 properties changed hands.
What is the median land price in Milford, Illinois?
The median land price in Milford, Illinois stands at $28K. This translates to roughly $7K per acre for the typical parcel size.
What is the absorption rate for land in Milford, Illinois?
The 3-month absorption rate in Milford, Illinois is 33.3%. 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.
Is now a good time to invest in land in Milford, Illinois?
The current absorption rate in Milford, Illinois is 33.3% (3-month basis), indicating strong 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, 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.
Land in Milford
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