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Westville, Illinois Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
5
Sold (12M)
4
Median Price
$33K
Market Condition
Strong Buyer's Market

Westville, Illinois Market Meter

Buyer'sSeller's
Strong Buyer's Market

15.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$33K
Avg Price/Acre
$18K
Avg Days on Market
21
Months of Supply
15.0
YoY Price Change
-
New Listings (3M)
2

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres-122
2-5 acres----
5-10 acres--11
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL0133
📊 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 acres0 sold / 2 listed
1-2 acres2 sold / 2 listed
5-10 acres1 sold / 0 listed
10-20 acres0 sold / 1 listed

Median Price by Acreage

$0$25K$50K
1- 2
5- 10

Acreage buckets

Key Market Indicators

Total Sales Volume
$126K
Last 12 months
Active Listings
5
Current inventory
Avg Days on Market
21
Time to sell
Price Trend (YoY)
-
Year over year

Westville, Illinois Land Market Analysis

How much is land worth in Westville, Illinois?

The median price for land in Westville, Illinois is currently $18K per acre. For a typical parcel, the median sale price is $33K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $14K while premium lots reached $48K.

Is now a good time to buy land in Westville, Illinois?

Westville, Illinois is currently a strong buyer's market with 15.0 months of supply. Buyers have more negotiating power and can take time to find the right property.

What is the months of supply for land in Westville, Illinois?

Westville, Illinois currently has 15.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.

What is the absorption rate for land in Westville, Illinois?

The 3-month absorption rate in Westville, Illinois is 6.7%. The 12-month rate is 6.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

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

Over the past 12 months, Westville, Illinois saw 4 properties sold, totaling $126K in sales volume. In just the last 3 months, 1 properties changed hands.

What is the median land price in Westville, Illinois?

The median land price in Westville, Illinois stands at $33K. This translates to roughly $18K per acre for the typical parcel size. The average price is $31K, showing a fairly consistent market.

What is the total land for sale in Westville, Illinois?

There are currently 5 active listings in Westville, Illinois. 2 new listings have hit the market in the last 90 days. The median asking price is $30K.

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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