Summit Agricultural Group tracks investment-grade farmland sales across several Midwestern States. Sales volume in the second quarter of 2025 fell about 60% from Q1, though it aligns closely with typical Q2 activity from the prior year. Summit assessed approximately 15,000 tillable acres of investment-grade farmland across the Midwest.
The average price of farmland in Q2 was $13,928 per acre; the average sale price rose 1.0% from the previous quarter. Prices are down 2.5% over the last 12 months and 5.5% since their peak in Q4 2023. We anticipate sales activity to pick up in the final months of 2025. Typically, sales volume peaks in the months of October and November.
