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The Global Insight

How much is an acre of residential land worth in Illinois?

Author

Michael Gray

Updated on March 12, 2026

Average Illinois Farm Real Estate Value The average farm real estate value for Illinois in 2020 was $7,400 per acre. This includes the value of all land and buildings.

How much does an acre of land cost in Illinois 2021?

$10,500 per acre: Statewide average unchanged for excellent quality farmland – AgriNews.

How much is it to buy land in Illinois?

The average price of land listings for sale in Illinois is $341,226.

What state has the cheapest land?

Tennessee, Arkansas, and West Virginia consistently rank as the cheapest places to buy residential land. Tennessee offers diverse geography, from mountains and lakes to acres of rural flat ground, and of course the iconic landmarks and attractions like Graceland and Nashville, the heart of country music.

How much is a wooded acre worth?

You will pay between $500 and $2,000 per acre for lightly wooded lots, and between $3,000 and $5,600 per acre for heavily forested land. For a single tree clearing cost, you can expect to pay an average of $700. However, that cost may vary based on the size of the tree, along with its condition, location and diameter.

How much does CRP pay per acre in Illinois?

The average state incentive payment per acre for these enrollments is $483 per acre. The average cost to the State per acre is $637 per acre, which includes the incentive payment, cost-share, administrative expenses, state technical assistance and legal expenses.

What is an acre worth?

Agricultural Land Values Highlights The United States farm real estate value, a measurement of the value of all land and buildings on farms, averaged $3,160 per acre for 2019, up $60 per acre (1.9 percent) from 2018.

How big is an acre?

An acre measures an area of land and is about 70 yards by 70 yards, which means about 4,900 square yards (or roughly 44,000 square feet).

Is there any free land left in the United States?

No state actually gives out free land, but there are cities that are offering free land. Most of these cities are located in the following states: Kansas, Nebraska, Minnesota, Colorado, Iowa and Texas.

How much does it cost to build a house in Illinois?

Residential Construction Costs by State

StateAverage Cost Range
Illinois$200,000 – $750,000
Maryland$200,000 – $380,000
Massachusetts$250,000 – $600,000
Michigan$225,000 – $265,000

How big is owner financed land for sale?

Feel free to browse our owner financed land here on Owner Financed Land.com. We offer owner financing on property for sale all over the United States and we deal in land sizes ranging from 1 acre all the way up to 640 acres.

How big is an acre of land for sale?

We offer owner financing on land for sale all over the United States and we deal in property sizes ranging from 1 acre all the way up to 640 acres.

How much does 80 acres of land cost?

Cash Price: $5,999.00 80 Acres (Lot 1000) In Christmas Valley Oregon/ Multiple Access Roads/ Partially Fenced/ Cash or Owner Financed Deals. Cash Price: $59,999.00 2.35 Acres (Lot 14) In Golden Valley Arizona/ Las Vegas and Grand Canyon Close/ Road Frontage/ Cash or Owner Financed Deals.

Is it possible to own a home with acreage?

Owning a home with acreage is a dream come true. When you own a home with land, there are a wonderful number of opportunities. The escape from the noise, stress, and fast-pace of city life can be a balm for the soul]