Farm land prices per acre in illinois
WebOct 4, 2024 · The farmland sold for an average price of $9,957 per acre, with a total of $2.934 million. “It is crazy right now,” he says. By the end of the sale, the 75.4-acre patch sold to an investor; the 72.5- and 77.9-acre fields sold to a neighboring farmer and the 68.9-acre farm sold to another neighboring farmer. Farmland is a hot commodity, he adds. WebExample: Current land values are $13,000 per acre. What was the value of this land in 1975? 479 (2024 index value) Equals $1,235 per acre. 2. Index numbers can be used to estimate current values of farmland. To estimate farmland values from past years use the following formula: Past land value X Current year’s index Past year’s index
Farm land prices per acre in illinois
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WebSep 13, 2024 · Illinois farmland owners saw a whopping 20% increase in the value of their asset in the first half of 2024. ... High-productivity land is expected to move from $315 to $350 per acre, with values on good-productivity land moving from $279 to $299 per acre. Average land will rise from $226 to $249 per acre and fair land will move from $188 to ... WebAug 31, 2024 · Illinois farmland values see 20% jump in value ... Per acre rental rates for Excellent productivity is expected to move upward from $315 to $350. Values on Good productivity property will move ...
WebAug 8, 2024 · Illinois Farm Real Estate Values Increase $1,000 per Acre for 2024 - farmdoc daily. ×. Market Prices. WebMar 31, 2024 · Excellent category land averaged $10,870 per acre in 2024 compared to $10,435 in 2024. Good category land was $8,446 compared to $8,335 in 2024. Average was $6,409 compared to $6,502 in...
WebIllinois farmland values and GIS map Avg AcreValue $7,550/ac. Avg PI 113 Counties 102 Fields 1,164,733 Counties Adams County Avg AcreValue $6,262/ac. Avg PI 107 … WebAug 26, 2024 · 2 Illinois Cash Rent County Estimates (August 2024) USDA, National Agricultural Statistics Service, Heartland Regional Field Office Cash Rent by Land Type and County – Illinois: 2024 (continued) County, district, and state Irrigated cropland Non-Irrigated cropland Pastureland (dollars per acre) (dollars per acre) (dollars per acre)
WebMar 27, 2024 · The median price per acre of all land classes was $8,977 in 2024 compared to $8,532 per acre in 2024. The number of sales in the region is steady when compared to 2024. Overall, the farmland ...
WebExample: Current land values are $13,000 per acre. What was the value of this land in 1975? 479 (2024 index value) Equals $1,235 per acre. 2. Index numbers can be used to … cdw lincolnshire officeWebMcLean County ranks 14th in the state based on the overall acres for sale here. The value of all land and rural real estate for sale in Illinois's McLean County recently was nearly $64 million, representing 2,000 acres of land for sale in McLean County. McLean County is one of the ten biggest counties in Illinois (1,186 square miles). cdw llc cage codeWebAgricultural Land Values Highlights The United States farm real estate value, a measurement of the value of all land and buildings on farms, averaged $3,800 acre, an … butterfly clip art black and white freeWebAcreValue analyzes terabytes of data about soils, climate, crop rotations, taxes, interest rates, and corn prices to calculate the estimated value of an individual field. Generate impactful land reports to gain advanced land value insights. Currently available in California, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Michigan ... butterfly clipart black and white simple freeWebFind farm land for sale in Illinois including large arable farming acreage, pasture land, small organic farms, grazing land, and tillable agricultural sales. The 499 matching properties for sale in Illinois have an average … cdw live stream camera educationWebThere is nearly 100,000 acres of farmland for sale in Illinois based on recent Land And Farm data, making it the most common type of land for sale in Illinois. With an average … cdw lincolnshire addressWebAug 13, 2024 · 2024 prices are $3.40 per bushel for corn and $8.50 for soybeans, representing an economic recovery that is V-shaped. ... giving operator and land return an average of $240 per acre in central Illinois. ... Farmer returns in central Illinois on high-productivity farmland have averaged $17 per acre from 2013 to 2024 (see Figure 3). … butterfly clip art black and white simple