Comprehensive market data and analysis• Updated Oct 2026
15.6 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 2 | 5 | 6 | 11 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | 1 | 1 |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | 1 | 1 |
| TOTAL | 2 | 5 | 8 | 14 |
Acreage buckets
The median price for land in Mokena, Illinois is currently $277K per acre. For a typical parcel, the median sale price is $235K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $45K while premium lots reached $1.1M.
Mokena, Illinois is currently a strong buyer's market with 15.6 months of supply. Buyers have more negotiating power and can take time to find the right property.
Mokena, Illinois currently has 15.6 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
The current absorption rate in Mokena, Illinois is 6.4% (3-month basis), indicating slow demand. The top-performing broker in this market is Village Realty, Inc..
There are currently 26 active listings in Mokena, Illinois. 4 new listings have hit the market in the last 90 days. The median asking price is $328K.
Land in Mokena, Illinois typically sells within 121 days of listing. The median time on market is 85 days. Properties are moving slowly in the current strong buyer's market.
Over the past 12 months, Mokena, Illinois saw 15 properties sold, totaling $6.3M in sales volume. In just the last 3 months, 5 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, 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.
See land for sale and off-market property records in Mokena on LandyDandy.
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