Land Market Insights and Pricing in Knox County, Illinois

Knox County, Illinois, offers a diverse landscape for land buyers, spanning 720 square miles of predominantly agricultural terrain. The gently rolling to flat topography, shaped by glaciation, is ideal for large-scale farming, particularly corn and soybean production. River valleys, part of the Spoon River watershed, provide scenic variety with bluffs and wooded corridors. A notable forested area northeast of Knoxville adds recreational appeal. The county's strategic location, intersected by Interstate 74 and major highways, ensures excellent accessibility. While the median home price of $104,900 is attractively low, potential buyers should note the higher-than-average 1.95% property tax rate. The area's economic backbone includes education and healthcare sectors, accounting for 31.7% of employment, complemented by a robust 14.5% in retail trade.