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Sheffield, Illinois Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
1
Sold (12M)
2
Median Price
$833K
Market Condition
Strong Buyer's Market

Sheffield, Illinois Market Meter

Buyer'sSeller's
Strong Buyer's Market

999.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$833K
Avg Price/Acre
$22K
Avg Days on Market
376
Months of Supply
999.0
YoY Price Change
-
New Listings (3M)
1

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres----
2-5 acres---1
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres---1
TOTAL0002
📊 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
2-5 acres1 sold / 0 listed
100+ acres1 sold / 1 listed

Median Price by Acreage

$0$766K$1.5M
2- 5
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$1.7M
Last 12 months
Active Listings
1
Current inventory
Avg Days on Market
376
Time to sell
Price Trend (YoY)
-
Year over year

Sheffield, Illinois Land Market Analysis

How much is land worth in Sheffield, Illinois?

The median price for land in Sheffield, Illinois is currently $22K per acre. For a typical parcel, the median sale price is $833K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $274K while premium lots reached $1.4M.

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

Land in Sheffield, Illinois averages $22K per acre. The median price per acre is $22K, which may be more representative of typical transactions. Most parcels sold are around 55.2 acres.

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

Land in Sheffield, Illinois typically sells within 376 days of listing. The median time on market is 376 days. Properties are moving slowly in the current strong buyer's market.

What is the median land price in Sheffield, Illinois?

The median land price in Sheffield, Illinois stands at $833K. This translates to roughly $22K per acre for the typical parcel size.

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

The top-performing broker in this market is LandGuys LLC of Illinois.

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

Over the past 12 months, Sheffield, Illinois saw 2 properties sold, totaling $1.7M in sales volume.

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

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.

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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