Comprehensive market data and analysis• Updated Dec 2025
9.8 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 3 | 4 | 4 | 9 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | 1 |
| TOTAL | 3 | 4 | 4 | 11 |
Acreage buckets
The median price for land in Rantoul, Illinois is currently $66K per acre. For a typical parcel, the median sale price is $16K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $7K while premium lots reached $61K.
Rantoul, Illinois is currently a buyer's market with 9.8 months of supply. Buyers have more negotiating power and can take time to find the right property.
Rantoul, Illinois currently has 9.8 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
There are currently 13 active listings in Rantoul, Illinois. 2 new listings have hit the market in the last 90 days. The median asking price is $45K.
Land in Rantoul, Illinois averages $519K per acre. The median price per acre is $66K, which may be more representative of typical transactions. Most parcels sold are around 10,890 sq ft.
The current absorption rate in Rantoul, Illinois is 10.3% (3-month basis), indicating moderate demand. The top-performing broker in this market is Abe Lincoln Realty.
Over the past 12 months, Rantoul, Illinois saw 14 properties sold, totaling $1.5M in sales volume. In just the last 3 months, 4 properties changed hands.
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.