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 | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 0 | 1 |
Acreage buckets
The median price for land in Penfield, Illinois is currently $11K per acre. For a typical parcel, the median sale price is $450K. Recently, the cheapest land sold for $450K while premium lots reached $450K.
Over the past 12 months, Penfield, Illinois saw 1 properties sold, totaling $450K in sales volume.
The top-performing broker in this market is eXp Realty-Mahomet.
The median land price in Penfield, Illinois stands at $450K. This translates to roughly $11K 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.
Land in Penfield, Illinois averages $11K per acre. The median price per acre is $11K, which may be more representative of typical transactions. Most parcels sold are around 42.2 acres.
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.
