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Sherrard, Illinois Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
15
Sold (12M)
5
Median Price
$14K
Market Condition
Strong Buyer's Market

Sherrard, 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
$14K
Avg Price/Acre
$39K
Avg Days on Market
97
Months of Supply
999.0
YoY Price Change
-
New Listings (3M)
3

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres--24
1-2 acres--11
2-5 acres----
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL0035
📊 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 acres4 sold / 7 listed
1-2 acres1 sold / 4 listed
2-5 acres0 sold / 1 listed
10-20 acres0 sold / 1 listed
100+ acres0 sold / 1 listed

Median Price by Acreage

$0$18K$36K
0- 1
1- 2

Acreage buckets

Key Market Indicators

Total Sales Volume
$177K
Last 12 months
Active Listings
15
Current inventory
Avg Days on Market
97
Time to sell
Price Trend (YoY)
-
Year over year

Sherrard, Illinois Land Market Analysis

How much is land worth in Sherrard, Illinois?

The median price for land in Sherrard, Illinois is currently $39K per acre. For a typical parcel, the median sale price is $14K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $8K while premium lots reached $75K.

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

Over the past 12 months, Sherrard, Illinois saw 5 properties sold, totaling $177K in sales volume.

What is the total land for sale in Sherrard, Illinois?

There are currently 15 active listings in Sherrard, Illinois. 3 new listings have hit the market in the last 90 days. The median asking price is $70K.

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

Land in Sherrard, Illinois typically sells within 97 days of listing. The median time on market is 94 days. Properties are moving at a moderate pace in the current strong buyer's market.

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

The top-performing broker in this market is Ruhl&Ruhl REALTORS Moline.

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

The 12-month rate is 2.8%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the median land price in Sherrard, Illinois?

The median land price in Sherrard, Illinois stands at $14K. This translates to roughly $39K per acre for the typical parcel size. The average price is $35K, indicating some higher-priced properties pulling up the average.

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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