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Sangamon County, Illinois Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
169
Sold (12M)
99
Median Price
$60K
Market Condition
Strong Buyer's Market

Sangamon County, Illinois Market Meter

Buyer'sSeller's
Strong Buyer's Market

19.5 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$60K
Avg Price/Acre
$91K
Avg Days on Market
221
Months of Supply
19.5
YoY Price Change
-37.1%
New Listings (3M)
52

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres2173352
1-2 acres-1814
2-5 acres-136
5-10 acres-125
10-20 acres-122
20-50 acres--15
50-100 acres-233
100+ acres---1
TOTAL2235288
📊 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 acres52 sold / 111 listed
1-2 acres14 sold / 17 listed
2-5 acres6 sold / 7 listed
5-10 acres5 sold / 6 listed
10-20 acres2 sold / 1 listed
20-50 acres5 sold / 2 listed
50-100 acres3 sold / 0 listed
100+ acres1 sold / 2 listed

Median Price by Acreage

$0$940K$1.9M
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$14.8M
Last 12 months
Active Listings
169
Current inventory
Avg Days on Market
221
Time to sell
Price Trend (YoY)
-37.1%
Year over year

Sangamon County, Illinois Land Market Analysis

How much is land worth in Sangamon County, Illinois?

The median price for land in Sangamon County, Illinois is currently $91K per acre. For a typical parcel, the median sale price is $60K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $15K while premium lots reached $359K.

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

Sangamon County, Illinois is currently a strong buyer's market with 19.5 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 37.1% year-over-year.

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

Sangamon County, Illinois currently has 19.5 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 Sangamon County, Illinois?

The median land price in Sangamon County, Illinois stands at $60K. This translates to roughly $91K per acre for the typical parcel size. The average price is $149K, indicating some higher-priced properties pulling up the average.

What is the absorption rate for land in Sangamon County, Illinois?

The 3-month absorption rate in Sangamon County, Illinois is 5.1%. The 12-month rate is 4.9%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the average price per acre in Sangamon County, Illinois?

Land in Sangamon County, Illinois averages $181K per acre. The median price per acre is $91K, which may be more representative of typical transactions. Most parcels sold are around 26,953 sq ft.

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

Over the past 12 months, Sangamon County, Illinois saw 99 properties sold, totaling $14.8M in sales volume. In just the last 3 months, 26 properties changed hands.

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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