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Murrayville, Illinois Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
0
Sold (12M)
2
Median Price
$117K
Market Condition
Strong Buyer's Market

Murrayville, Illinois Market Meter

Buyer'sSeller's
Strong Buyer's Market

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$117K
Avg Price/Acre
$9K
Avg Days on Market
17
Months of Supply
-
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres----
2-5 acres----
5-10 acres----
10-20 acres--22
20-50 acres----
50-100 acres----
100+ acres----
TOTAL0022
📊 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
10-20 acres2 sold / 0 listed

Median Price by Acreage

$0$59K$117K
10- 20

Acreage buckets

Key Market Indicators

Total Sales Volume
$235K
Last 12 months
Active Listings
0
Current inventory
Avg Days on Market
17
Time to sell
Price Trend (YoY)
-
Year over year

Murrayville, Illinois Land Market Analysis

How much is land worth in Murrayville, Illinois?

The median price for land in Murrayville, Illinois is currently $9K per acre. For a typical parcel, the median sale price is $117K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $115K while premium lots reached $119K.

How long does it take to sell land in Murrayville, Illinois?

Land in Murrayville, Illinois typically sells within 17 days of listing. The median time on market is 17 days. Properties are moving quickly.

What is the median land price in Murrayville, Illinois?

The median land price in Murrayville, Illinois stands at $117K. This translates to roughly $9K per acre for the typical parcel size.

What is the average price per acre in Murrayville, Illinois?

Land in Murrayville, Illinois averages $9K per acre. The median price per acre is $9K, which may be more representative of typical transactions. Most parcels sold are around 13.5 acres.

Is now a good time to invest in land in Murrayville, Illinois?

The top-performing broker in this market is LandGuys, LLC of Illinois.

What is the total amount sold in Murrayville, Illinois last year?

Over the past 12 months, Murrayville, Illinois saw 2 properties sold, totaling $235K in sales volume.

What is the absorption rate for land in Murrayville, Illinois?

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.

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. 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.

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