Comprehensive market data and analysis• Updated Oct 2026
7.0 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 1 |
| 1-2 acres | 1 | 6 | 15 | 21 |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | 1 | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | 1 |
| TOTAL | 1 | 6 | 16 | 26 |
Acreage buckets
The median price for land in Newark, Illinois is currently $41K per acre. For a typical parcel, the median sale price is $49K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $35K while premium lots reached $196K.
Newark, Illinois is currently a balanced market with 7.0 months of supply. Conditions favor neither buyers nor sellers significantly.
Newark, Illinois currently has 7.0 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
The current absorption rate in Newark, Illinois is 14.3% (3-month basis), indicating moderate demand. The top-performing broker in this market is Coldwell Banker Real Estate Group.
The 3-month absorption rate in Newark, Illinois is 14.3%. The 12-month rate is 15.5%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
There are currently 14 active listings in Newark, Illinois. 1 new listings have hit the market in the last 90 days. The median asking price is $53K.
The median land price in Newark, Illinois stands at $49K. This translates to roughly $41K per acre for the typical parcel size. The average price is $185K, indicating some higher-priced properties pulling up the average.
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 Newark on LandyDandy.
Browse land in Newark →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
