Comprehensive market data and analysis• Updated Dec 2025
9.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 3 | 6 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 3 | 6 |
Acreage buckets
The median price for land in Palos Hills, Illinois is currently $361K per acre. For a typical parcel, the median sale price is $143K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $65K while premium lots reached $245K.
Palos Hills, Illinois is currently a buyer's market with 9.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Palos Hills, Illinois currently has 9.0 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
The median land price in Palos Hills, Illinois stands at $143K. This translates to roughly $361K per acre for the typical parcel size. The average price is $151K, indicating some higher-priced properties pulling up the average.
Land in Palos Hills, Illinois averages $381K per acre. The median price per acre is $361K, which may be more representative of typical transactions. Most parcels sold are around 16,931 sq ft.
The current absorption rate in Palos Hills, Illinois is 11.1% (3-month basis), indicating moderate demand. The top-performing broker in this market is HomeSmart Realty Group.
Land in Palos Hills, Illinois typically sells within 79 days of listing. The median time on market is 102 days. Properties are moving at a moderate pace in the current buyer's market.
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.
