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 | 3 | 3 | 7 |
| 1-2 acres | - | - | 4 | 6 |
| 2-5 acres | - | - | 2 | 2 |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 3 | 9 | 16 |
Acreage buckets
The median price for land in Mokena, Illinois is currently $153K per acre. For a typical parcel, the median sale price is $138K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $63K while premium lots reached $698K.
Mokena, 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 increased 704.8% year-over-year.
Mokena, 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.
The current absorption rate in Mokena, Illinois is 4.8% (3-month basis), indicating slow demand. With appreciating values (+704.8% YoY), the market shows growth potential. The top-performing broker in this market is RE/MAX 10.
There are currently 21 active listings in Mokena, Illinois. 6 new listings have hit the market in the last 90 days. The median asking price is $470K.
Land in Mokena, Illinois typically sells within 172 days of listing. The median time on market is 147 days. Properties are moving slowly in the current strong buyer's market.
Over the past 12 months, Mokena, Illinois saw 16 properties sold, totaling $4.1M in sales volume. In just the last 3 months, 3 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.
