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Plainfield, Illinois Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
20
Sold (12M)
2
Median Price
$170K
Market Condition
Strong Buyer's Market

Plainfield, Illinois Market Meter

Buyer'sSeller's
Strong Buyer's Market

60.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$170K
Avg Price/Acre
$94K
Avg Days on Market
28
Months of Supply
60.0
YoY Price Change
-44.3%
New Listings (3M)
2

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres---1
2-5 acres1111
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL1112
📊 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 acres0 sold / 4 listed
1-2 acres1 sold / 4 listed
2-5 acres1 sold / 3 listed
5-10 acres0 sold / 4 listed
10-20 acres0 sold / 3 listed
50-100 acres0 sold / 1 listed

Median Price by Acreage

$0$120K$240K
1- 2
2- 5

Acreage buckets

Key Market Indicators

Total Sales Volume
$340K
Last 12 months
Active Listings
20
Current inventory
Avg Days on Market
28
Time to sell
Price Trend (YoY)
-44.3%
Year over year

Plainfield, Illinois Land Market Analysis

How much is land worth in Plainfield, Illinois?

The median price for land in Plainfield, Illinois is currently $94K per acre. For a typical parcel, the median sale price is $170K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $114K while premium lots reached $226K.

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

Plainfield, Illinois is currently a strong buyer's market with 60.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 44.3% year-over-year.

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

Plainfield, Illinois currently has 60.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

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

Land in Plainfield, Illinois averages $94K per acre. The median price per acre is $94K, which may be more representative of typical transactions. Most parcels sold are around 1.8 acres.

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

Over the past 12 months, Plainfield, Illinois saw 2 properties sold, totaling $340K in sales volume. In just the last 3 months, 1 properties changed hands.

What is the absorption rate for land in Plainfield, Illinois?

The 3-month absorption rate in Plainfield, Illinois is 1.7%. The 12-month rate is 0.8%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the median land price in Plainfield, Illinois?

The median land price in Plainfield, Illinois stands at $170K. This translates to roughly $94K per acre for the typical parcel size.

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.

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