Comprehensive market data and analysis• Updated Oct 2026
5.2 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 2 | 4 | 9 | 12 |
| 1-2 acres | - | 1 | 3 | 3 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | 1 | 1 | 3 | 3 |
| 20-50 acres | - | 1 | 1 | 2 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | 1 | 1 | 2 |
| TOTAL | 3 | 8 | 17 | 22 |
Acreage buckets
The median price for land in Morgan County, Illinois is currently $16K per acre. For a typical parcel, the median sale price is $17K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $3K while premium lots reached $782K.
Morgan County, Illinois is currently a seller's market with 5.2 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Morgan County, Illinois currently has 5.2 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
Land in Morgan County, Illinois averages $18K per acre. The median price per acre is $16K, which may be more representative of typical transactions. Most parcels sold are around 39,825 sq ft.
The current absorption rate in Morgan County, Illinois is 19.1% (3-month basis), indicating strong demand. The top-performing broker in this market is RE/MAX Results Plus.
There are currently 14 active listings in Morgan County, Illinois. 4 new listings have hit the market in the last 90 days. The median asking price is $5K.
The 3-month absorption rate in Morgan County, Illinois is 19.1%. The 12-month rate is 13.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
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 Morgan County on LandyDandy.
Browse land in Morgan County →Land investors and realtors list on LandyDandy for free. The Starter plan has no listing limit, and your dashboard shows the views, saves and buyer messages for every listing.
List your land free
