Comprehensive market data and analysis• Updated Dec 2025
999.0 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 | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 2 | 4 |
Acreage buckets
The median price for land in South Elgin, Illinois is currently $337K per acre. For a typical parcel, the median sale price is $74K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $62K while premium lots reached $93K.
The 12-month rate is 11.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, South Elgin, Illinois saw 4 properties sold, totaling $305K in sales volume.
The top-performing broker in this market is RE/MAX Horizon.
Land in South Elgin, Illinois averages $355K per acre. The median price per acre is $337K, which may be more representative of typical transactions. Most parcels sold are around 11,326 sq ft.
The median land price in South Elgin, Illinois stands at $74K. This translates to roughly $337K per acre for the typical parcel size. The average price is $76K, indicating some higher-priced properties pulling up the average.
There are currently 3 active listings in South Elgin, Illinois. 1 new listings have hit the market in the last 90 days. The median asking price is $100K.
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.
