Comprehensive market data and analysis• Updated Oct 2026
0.0 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 1 | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 1 | 1 |
Acreage buckets
The median price for land in Summit Argo, Illinois is currently $934K per acre. For a typical parcel, the median sale price is $850K. Recently, the cheapest land sold for $850K while premium lots reached $850K.
Over the past 12 months, Summit Argo, Illinois saw 1 properties sold, totaling $850K in sales volume. In just the last 3 months, 1 properties changed hands.
The current absorption rate in Summit Argo, Illinois is 100.0% (3-month basis), indicating strong demand. The top-performing broker in this market is The Leading Realtors Corp..
Land in Summit Argo, Illinois averages $934K per acre. The median price per acre is $934K, which may be more representative of typical transactions. Most parcels sold are around 39,640 sq ft.
The median land price in Summit Argo, Illinois stands at $850K. This translates to roughly $934K per acre for the typical parcel size.
The 3-month absorption rate in Summit Argo, Illinois is 100.0%. The 12-month rate is 100.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Summit Argo, Illinois typically sells within 36 days of listing. The median time on market is 36 days. Properties are moving quickly in the current very hot seller'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 Summit Argo on LandyDandy.
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