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 | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | 1 | 1 | 2 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | 1 |
| TOTAL | 0 | 1 | 1 | 3 |
Acreage buckets
The median price for land in Milledgeville, Illinois is currently $16K per acre. For a typical parcel, the median sale price is $272K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $222K while premium lots reached $2.5M.
Land in Milledgeville, Illinois averages $15K per acre. The median price per acre is $16K, which may be more representative of typical transactions. Most parcels sold are around 17.0 acres.
The current absorption rate in Milledgeville, Illinois is 100.0% (3-month basis), indicating strong demand. The top-performing broker in this market is Bird Realty.
Land in Milledgeville, Illinois typically sells within 52 days of listing. The median time on market is 52 days. Properties are moving quickly in the current very hot seller's market.
The 3-month absorption rate in Milledgeville, 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.
The median land price in Milledgeville, Illinois stands at $272K. This translates to roughly $16K per acre for the typical parcel size. The average price is $1.2M, indicating some higher-priced properties pulling up the average.
Over the past 12 months, Milledgeville, Illinois saw 3 properties sold, totaling $3.5M in sales volume. In just the last 3 months, 1 properties changed hands.
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.
