Grundy County, IL

Land Market Insights and Pricing in Grundy County, Illinois

On average, land listings in Grundy County, IL have a lot size of 57 acres and are priced around $1,746,210. The median price per acre in Grundy County, IL is $30,000.
Market Trends
Properties for Sale
66
Total Acreage for Sale
571 ac
Median Lot Size
50.7 ac
Average Lot Size
57.2 ac
Median List Price
$1,349,500
Average List Price
$1,746,210
Median Price Per Acre
$30,000 / ac
Total Price Reductions
Median Days on Market
269 days

Land for Sale in Grundy County,

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About Grundy County, IL
Grundy County, Illinois, offers a compelling blend of rural charm and strategic location within the Chicago metropolitan area. Spanning 418 square miles of predominantly flat prairie landscape, the county is defined by the Illinois River flowing across its northern third. This waterway, along with numerous lakes and ponds, provides ample opportunities for waterfront properties and recreational activities. The terrain is ideal for large-scale farming, with high-quality agricultural land dominating outside developed areas. Grundy's robust transportation network, including Interstates 80 and 55, enhances land accessibility and value. While the county boasts a strong labor force participation rate of 68.2% and lower poverty levels compared to national averages, potential land buyers should note the higher-than-average property tax rate of 2.03%. The area's history in coal mining and the presence of unique paleontological finds add intriguing dimensions to Grundy's land profile.

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Disclaimer: The metrics displayed on this page are calculated based on listings advertised on the Land Network for properties over 10 acres, excluding commercial properties. The data reflects the characteristics and trends of these specific types of listings. If you have any questions or need more detailed information, please contact Customer Support.