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Romeoville, Illinois Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
8
Sold (12M)
1
Median Price
$58K
Market Condition
Strong Buyer's Market

Romeoville, Illinois Market Meter

Buyer'sSeller's
Strong Buyer's Market

24.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$58K
Avg Price/Acre
$264K
Avg Days on Market
353
Months of Supply
24.0
YoY Price Change
-
New Listings (3M)
1

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-111
1-2 acres----
2-5 acres----
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL0111
📊 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 acres1 sold / 0 listed
1-2 acres0 sold / 6 listed
2-5 acres0 sold / 1 listed
5-10 acres0 sold / 1 listed

Median Price by Acreage

$0$29K$58K
0- 1

Acreage buckets

Key Market Indicators

Total Sales Volume
$58K
Last 12 months
Active Listings
8
Current inventory
Avg Days on Market
353
Time to sell
Price Trend (YoY)
-
Year over year

Romeoville, Illinois Land Market Analysis

How much is land worth in Romeoville, Illinois?

The median price for land in Romeoville, Illinois is currently $264K per acre. For a typical parcel, the median sale price is $58K. Recently, the cheapest land sold for $58K while premium lots reached $58K.

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

Romeoville, Illinois is currently a strong buyer's market with 24.0 months of supply. Buyers have more negotiating power and can take time to find the right property.

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

Romeoville, Illinois currently has 24.0 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 median land price in Romeoville, Illinois?

The median land price in Romeoville, Illinois stands at $58K. This translates to roughly $264K per acre for the typical parcel size.

How long does it take to sell land in Romeoville, Illinois?

Land in Romeoville, Illinois typically sells within 353 days of listing. The median time on market is 353 days. Properties are moving slowly in the current strong buyer's market.

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

Land in Romeoville, Illinois averages $264K per acre. The median price per acre is $264K, which may be more representative of typical transactions. Most parcels sold are around 9,583 sq ft.

Is now a good time to invest in land in Romeoville, Illinois?

The current absorption rate in Romeoville, Illinois is 4.2% (3-month basis), indicating slow demand. The top-performing broker in this market is ASAP Realty.

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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