Comprehensive market data and analysis• Updated Dec 2025
24.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 1 | 3 | 4 |
| 1-2 acres | - | - | 1 | 1 |
| 2-5 acres | - | - | - | 2 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | 2 |
| 20-50 acres | - | - | - | 3 |
| 50-100 acres | - | 1 | 2 | 3 |
| 100+ acres | - | 1 | 1 | 2 |
| TOTAL | 1 | 3 | 7 | 17 |
Acreage buckets
The median price for land in Shelby County, Illinois is currently $13K per acre. For a typical parcel, the median sale price is $144K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $13K while premium lots reached $820K.
Shelby County, 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. Prices have decreased 89.0% year-over-year.
Shelby County, 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.
There are currently 24 active listings in Shelby County, Illinois. 3 new listings have hit the market in the last 90 days. The median asking price is $50K.
Land in Shelby County, Illinois averages $30K per acre. The median price per acre is $13K, which may be more representative of typical transactions. Most parcels sold are around 16.2 acres.
Land in Shelby County, Illinois typically sells within 121 days of listing. The median time on market is 28 days. Properties are moving slowly in the current strong buyer's market.
Over the past 12 months, Shelby County, Illinois saw 18 properties sold, totaling $5.9M in sales volume. In just the last 3 months, 3 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.
