Farm Land Prices!!!!!!

Aug 31, 2021

Farm Land Prices!!!!!!

Aug 31, 2021

According to USDA,

US farm real estate value averaged

$3,380 per acre for 2021

and Irrigated CA crop land

averaged $16, 300

 

The United States farm real estate value, a measurement of the value of all land and buildings on farms, averaged $3,380 per acre for 2021, up $220 per acre (7.0 percent) from 2020.

The United States cropland value averaged $4,420 per acre, an increase of $320 per acre (7.8 percent) from the previous year. The United States pasture value averaged $1,480 per acre, an increase of $80 per acre (5.7 percent) from 2020.

Farm real estate average value per acre was still highest in California, at $10,900. The mountain region, among them Montana, Nevada and Wyoming, was among the lowest.  No wonder it is so hard to start a farm in California, much less in the coastal counties where land prices are even higher.

Click here to view the whole report.


By Ben Faber
Author - Advisor
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