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University Park, Illinois Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
3
Sold (12M)
1
Median Price
$225K
Market Condition
Strong Buyer's Market

University Park, Illinois Market Meter

Buyer'sSeller's
Strong Buyer's Market

999.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$225K
Avg Price/Acre
$237K
Avg Days on Market
87
Months of Supply
999.0
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres--11
1-2 acres----
2-5 acres----
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL0011
📊 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 / 1 listed
1-2 acres0 sold / 1 listed
2-5 acres0 sold / 1 listed

Median Price by Acreage

$0$113K$225K
0- 1

Acreage buckets

Key Market Indicators

Total Sales Volume
$225K
Last 12 months
Active Listings
3
Current inventory
Avg Days on Market
87
Time to sell
Price Trend (YoY)
-
Year over year

University Park, Illinois Land Market Analysis

How much is land worth in University Park, Illinois?

The median price for land in University Park, Illinois is currently $237K per acre. For a typical parcel, the median sale price is $225K. Recently, the cheapest land sold for $225K while premium lots reached $225K.

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

The top-performing broker in this market is First In Realty, Inc..

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

Over the past 12 months, University Park, Illinois saw 1 properties sold, totaling $225K in sales volume.

What is the average price per acre in University Park, Illinois?

Land in University Park, Illinois averages $237K per acre. The median price per acre is $237K, which may be more representative of typical transactions. Most parcels sold are around 41,382 sq ft.

What is the median land price in University Park, Illinois?

The median land price in University Park, Illinois stands at $225K. This translates to roughly $237K per acre for the typical parcel size.

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

Land in University Park, Illinois typically sells within 87 days of listing. The median time on market is 87 days. Properties are moving at a moderate pace in the current strong buyer's market.

What is the absorption rate for land in University Park, Illinois?

The 12-month rate is 2.8%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

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.

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