How much is land worth in Paloma, Illinois?
The median price for land in Paloma, Illinois is currently $24K per acre. For a typical parcel, the median sale price is $14K. Recently, the cheapest land sold for $14K while premium lots reached $14K.
Comprehensive market data and analysis• Updated Dec 2025
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 0 | 1 |
Acreage buckets
The median price for land in Paloma, Illinois is currently $24K per acre. For a typical parcel, the median sale price is $14K. Recently, the cheapest land sold for $14K while premium lots reached $14K.
The top-performing broker in this market is Davis & Associates, REALTORS.
Land in Paloma, Illinois typically sells within 15 days of listing. The median time on market is 15 days. Properties are moving quickly.
Over the past 12 months, Paloma, Illinois saw 1 properties sold, totaling $14K in sales volume.
Land in Paloma, Illinois averages $24K per acre. The median price per acre is $24K, which may be more representative of typical transactions. Most parcels sold are around 24,624 sq ft.
The median land price in Paloma, Illinois stands at $14K. This translates to roughly $24K per acre for the typical parcel size.
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.
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.