Comprehensive market data and analysis• Updated Dec 2025
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 2 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 0 | 2 |
Acreage buckets
The median price for land in North Chicago, Illinois is currently $156K per acre. For a typical parcel, the median sale price is $26K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $18K while premium lots reached $33K.
Land in North Chicago, Illinois averages $156K per acre. The median price per acre is $156K, which may be more representative of typical transactions. Most parcels sold are around 6,889 sq ft.
There are currently 2 active listings in North Chicago, Illinois. 1 new listings have hit the market in the last 90 days. The median asking price is $79K.
The top-performing broker in this market is HomeSmart Connect LLC.
Land in North Chicago, Illinois typically sells within 64 days of listing. The median time on market is 64 days. Properties are moving at a moderate pace in the current strong buyer's market.
The 12-month rate is 8.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, North Chicago, Illinois saw 2 properties sold, totaling $51K in sales volume.
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.
