Comprehensive market data and analysis• Updated Dec 2025
15.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 2 | 4 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | 1 | 1 | 3 |
| 5-10 acres | - | - | 1 | 3 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 4 | 10 |
Acreage buckets
The median price for land in Seneca, Illinois is currently $48K per acre. For a typical parcel, the median sale price is $79K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $30K while premium lots reached $130K.
Seneca, Illinois is currently a strong buyer's market with 15.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Seneca, Illinois currently has 15.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
The current absorption rate in Seneca, Illinois is 6.7% (3-month basis), indicating slow demand. The top-performing broker in this market is Coldwell Banker Real Estate Group.
There are currently 5 active listings in Seneca, Illinois. The median asking price is $95K.
The 3-month absorption rate in Seneca, Illinois is 6.7%. The 12-month rate is 16.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Seneca, Illinois typically sells within 137 days of listing. The median time on market is 56 days. Properties are moving slowly in the current strong buyer's market.
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.