Farmland Value Guide

farmland

From USDA Land Values 2013 Summary, published August 2013

The United States farm real estate value, a measurement of the value of all land and buildings on farms, averaged $2,900 per acre for 2013, up 9.4% from revised 2012 values. Regional changes in the average value of farm real estate ranged from a 23.1 percent increase in the Northern Plains region to no change in the Southeast region. The highest farm real estate values were in the Cornbelt region at $6,400 per acre. The Mountain region had the lowest farm real estate value at $1,020 per acre.


The United States cropland value increased by $460 per acre (13.0%) to $4,000 per acre. In the Northern Plains and Corn Belt regions, the average cropland value increased 25.0 and 16.1%, respectively, from the previous year. However, in the Southeast region, cropland values decreased by 2.8%.


The United States pasture value increased to $1,200 per acre, or 4.3% above 2012. The Southeast region had the largest percentage decrease in pasture value, 1.5% below

2012. The Northern Plains had the highest increase at 18.4%.

 

Click here to view the entire USDA report.

 


Average Cropland and Pasture Values - National

Cropland Value by State

Click here for a PDF view of maps and charts showing the national average of cropland and pasture values according to USDA data.

 


Average Cash Rent by State

Cash Rent Averages

Click on map for more resources for your state.