Comprehensive market data and analysis• Updated Dec 2025
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 0 | 1 |
Acreage buckets
The median price for land in Tallula, Illinois is currently $14K per acre. For a typical parcel, the median sale price is $125K. Recently, the cheapest land sold for $125K while premium lots reached $125K.
Over the past 12 months, Tallula, Illinois saw 1 properties sold, totaling $125K in sales volume.
Land in Tallula, Illinois typically sells within 70 days of listing. The median time on market is 70 days. Properties are moving at a moderate pace.
The median land price in Tallula, Illinois stands at $125K. This translates to roughly $14K per acre for the typical parcel size.
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 Tallula, Illinois averages $14K per acre. The median price per acre is $14K, which may be more representative of typical transactions. Most parcels sold are around 8.7 acres.
The top-performing broker in this market is RE/MAX Professionals.
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.
