Sorento, Illinois Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings

Sold (12M)

Median Price

$7K

Market Condition

Strong Buyer's Market

Sorento, Illinois Market Meter

Strong Buyer's Market

999.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price

$7K

Avg Price/Acre

$18K

Avg Days on Market

1400

Months of Supply

999.0

YoY Price Change

New Listings (3M)

Land Market Data by Acreage

Data Type:

View:

Acreage	30D	3M	6M	12M	24M	36M
0-1 acres	-	-	1	1	2	2
1-2 acres	-	-	-	-	-	-
2-5 acres	-	-	-	-	-	-
5-10 acres	-	-	-	-	-	-
10-20 acres	-	-	-	-	-	-
20-50 acres	-	-	-	-	-	1
50-100 acres	-	-	-	-	-	-
100+ acres	-	-	-	-	-	-
TOTAL	0	0	1	1	2	3

📊 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 acres1 sold / 0 listed

20-50 acres0 sold / 2 listed

Median Price by Acreage

$0$4K$7K

0- 1

Acreage buckets

Key Market Indicators

Total Sales Volume

$7K

Last 12 months

Active Listings

Current inventory

Avg Days on Market

1400

Time to sell

Price Trend (YoY)

Year over year

Sorento, Illinois Land Market Analysis

How much is land worth in Sorento, Illinois?

The median price for land in Sorento, Illinois is currently $18K per acre. For a typical parcel, the median sale price is $7K. Recently, the cheapest land sold for $7K while premium lots reached $7K.

What is the median land price in Sorento, Illinois?

The median land price in Sorento, Illinois stands at $7K. This translates to roughly $18K per acre for the typical parcel size.

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

Land in Sorento, Illinois typically sells within 1400 days of listing. The median time on market is 1400 days. Properties are moving slowly in the current strong buyer's market.

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

Over the past 12 months, Sorento, Illinois saw 1 properties sold, totaling $7K in sales volume.

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

The 12-month rate is 4.2%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

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

The top-performing broker in this market is Coldwell Banker Brown Realtors.

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

Land in Sorento, Illinois averages $18K per acre. The median price per acre is $18K, which may be more representative of typical transactions. Most parcels sold are around 17,424 sq ft.

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.