Comprehensive market data and analysis• Updated Oct 2026
30.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 4 | 8 |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 4 | 9 |
Acreage buckets
The median price for land in Varna, Illinois is currently $11K per acre. For a typical parcel, the median sale price is $3K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $3K while premium lots reached $10K.
Varna, Illinois is currently a strong buyer's market with 30.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Varna, Illinois currently has 30.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Land in Varna, Illinois averages $48K per acre. The median price per acre is $11K, which may be more representative of typical transactions. Most parcels sold are around 15,800 sq ft.
Land in Varna, Illinois typically sells within 119 days of listing. The median time on market is 62 days. Properties are moving at a moderate pace in the current strong buyer's market.
The 3-month absorption rate in Varna, Illinois is 3.3%. The 12-month rate is 4.5%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
There are currently 50 active listings in Varna, Illinois. 13 new listings have hit the market in the last 90 days. The median asking price is $4K.
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 Varna on LandyDandy.
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