Landydandy logo

Northbrook, Illinois Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
1
Sold (12M)
14
Median Price
$545K
Market Condition
Very Hot Seller's Market

Northbrook, Illinois Market Meter

Buyer'sSeller's
Very Hot Seller's Market

0.6 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$545K
Avg Price/Acre
$1.1M
Avg Days on Market
216
Months of Supply
0.6
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres14710
1-2 acres-111
2-5 acres----
5-10 acres---1
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL15812
📊 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
0-1 acres10 sold / 1 listed
1-2 acres1 sold / 0 listed
5-10 acres1 sold / 0 listed

Median Price by Acreage

$0$1.6M$3.1M
0- 1
1- 2
5- 10

Acreage buckets

Key Market Indicators

Total Sales Volume
$11.3M
Last 12 months
Active Listings
1
Current inventory
Avg Days on Market
216
Time to sell
Price Trend (YoY)
-
Year over year

Northbrook, Illinois Land Market Analysis

How much is land worth in Northbrook, Illinois?

The median price for land in Northbrook, Illinois is currently $1.1M per acre. For a typical parcel, the median sale price is $545K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $370K while premium lots reached $1.5M.

Is now a good time to buy land in Northbrook, Illinois?

Northbrook, Illinois is currently a very hot seller's market with 0.6 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.

What is the months of supply for land in Northbrook, Illinois?

Northbrook, Illinois currently has 0.6 months of inventory supply. This indicates a very hot seller's market. Low supply means competition for available properties is high.

What is the median land price in Northbrook, Illinois?

The median land price in Northbrook, Illinois stands at $545K. This translates to roughly $1.1M per acre for the typical parcel size. The average price is $810K, indicating some higher-priced properties pulling up the average.

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

Land in Northbrook, Illinois averages $1.7M per acre. The median price per acre is $1.1M, which may be more representative of typical transactions. Most parcels sold are around 21,013 sq ft.

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

Land in Northbrook, Illinois typically sells within 216 days of listing. The median time on market is 47 days. Properties are moving slowly in the current very hot seller's market.

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

Over the past 12 months, Northbrook, Illinois saw 14 properties sold, totaling $11.3M in sales volume. In just the last 3 months, 5 properties changed hands.

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.

Explore More Land Market Statistics

All States

Illinois Counties

Other Cities in Cook County