Comprehensive market data and analysis• Updated Dec 2025
34.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 1 | 3 |
| 1-2 acres | - | 2 | 7 | 13 |
| 2-5 acres | - | 1 | 2 | 2 |
| 5-10 acres | - | 1 | 2 | 2 |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 4 | 12 | 21 |
Acreage buckets
The median price for land in Spring Grove, Illinois is currently $30K per acre. For a typical parcel, the median sale price is $55K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $26K while premium lots reached $132K.
Spring Grove, Illinois is currently a strong buyer's market with 34.5 months of supply. Buyers have more negotiating power and can take time to find the right property.
Spring Grove, Illinois currently has 34.5 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Over the past 12 months, Spring Grove, Illinois saw 23 properties sold, totaling $2.2M in sales volume. In just the last 3 months, 4 properties changed hands.
The current absorption rate in Spring Grove, Illinois is 2.9% (3-month basis), indicating slow demand. The top-performing broker in this market is @properties Christie's International Real Estate.
The median land price in Spring Grove, Illinois stands at $55K. This translates to roughly $30K per acre for the typical parcel size. The average price is $96K, indicating some higher-priced properties pulling up the average.
Land in Spring Grove, Illinois typically sells within 442 days of listing. The median time on market is 251 days. Properties are moving slowly in the current strong buyer's market.
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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Spring Grove on LandyDandy.
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