While the final quarter of 2025 did not have as much volume as the final quarter of the last few years, high quality farmland continued to sell well considering the current farm economy. Demand for farmland, while not as high as a year ago, continued to absorb much of the land for sale.
Several “no-sale” auctions were noted in the Fall of 2025. This is a potential indication of a softening land market as seller expectations, set higher from previous years’ phenomenal sale results, are met with current return projections facing farmer and investor buyers.
The Center for Agricultural and Rural Development (CARD) released its annual survey in December. The survey highlighted a slight increase from last year. The statewide average farmland value is estimated at $11,549 per acre. A $82 per acre (+0.7%) increase since last years high of $11,467. Still lower than the record of $11,835 set in 2023.
