McLean County, IL

Land Market Insights and Pricing in McLean County, Illinois

On average, land listings in McLean County, IL have a lot size of 68 acres and are priced around $1,726,726. The median price per acre in McLean County, IL is $15,000.
Market Trends
Properties for Sale
98
Total Acreage for Sale
539 ac
Median Lot Size
60.3 ac
Average Lot Size
67.5 ac
Median List Price
$1,200,000
Average List Price
$1,726,726
Median Price Per Acre
$15,000 / ac
Total Price Reductions
Median Days on Market
1,479 days

Land for Sale in McLean County,

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About McLean County, IL
McLean County, Illinois, offers a vast expanse of prime agricultural land, spanning 1,183 square miles of predominantly flat terrain shaped by glacial activity. As the largest county in Illinois by land area, McLean boasts fertile soil ideal for large-scale farming, particularly corn and soybean cultivation. The county's landscape is characterized by small rivers, creeks, and man-made reservoirs, with the Bloomington-Normal metropolitan area serving as its economic hub. Strategically located at the intersection of three major interstate highways (I-55, I-74, and I-39), McLean County provides excellent accessibility for land development and transportation. While the area benefits from a strong job market and lower-than-average unemployment rate of 3%, potential buyers should note the higher-than-average property tax rate of 2.27%. The county's diverse land use possibilities, coupled with its agricultural heritage and economic growth potential, make it an attractive option for various types of land investment.

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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.