Comprehensive market data and analysis• Updated Dec 2025
0.0 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 1 | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 1 | 1 |
Acreage buckets
The median price for land in Philo, Illinois is currently $111K per acre. For a typical parcel, the median sale price is $195K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $72K while premium lots reached $318K.
The median land price in Philo, Illinois stands at $195K. This translates to roughly $111K per acre for the typical parcel size.
The current absorption rate in Philo, Illinois is 100.0% (3-month basis), indicating strong demand. The top-performing broker in this market is KELLER WILLIAMS-TREC-TOLONO.
Land in Philo, Illinois averages $111K per acre. The median price per acre is $111K, which may be more representative of typical transactions. Most parcels sold are around 16,117 sq ft.
Over the past 12 months, Philo, Illinois saw 2 properties sold, totaling $390K in sales volume. In just the last 3 months, 1 properties changed hands.
Land in Philo, Illinois typically sells within 31 days of listing. The median time on market is 31 days. Properties are moving quickly in the current very hot seller's market.
The 3-month absorption rate in Philo, Illinois is 100.0%. 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.
