United States Department of Agriculture National Agricultural Statistics Service ISSN: 1949- 1867 Land Values 2026 Summary July 2026 Contents Agricultural Land Values Highlights....................................................... 4 Average Farm Real Estate Value - United States: 2012-2026 Chart........................... 5 2026 Farm Real Estate Value by State - Dollars per Acre and Percent Change from 2025 Map.. 5 Average Cropland Value - United States: 2012-2026 Chart................................... 6 2026 Cropland Value by State - Dollars per Acre and Percent Change from 2025 Map.......... 6 Average Pasture Value - United States: 2012-2026 Chart.................................... 7 2026 Pasture Value by State - Dollars per Acre and Percent Change from 2025 Map........... 7 Farm Real Estate Average Value per Acre - Regions, States, and United States: 2022-2026... 8 Cropland Average Value per Acre - Regions, States, and United States: 2022-2026........... 10 Irrigated and Non-Irrigated Cropland Average Value per Acre - States: 2022-2026........... 12 Pasture Average Value per Acre - Regions, States, and United States: 2022-2026............ 14 Value of Farmland and Buildings - States and United States: 2021-2025..................... 16 Economic Regions ......................................................................... 18 Statistical Methodology................................................................... 19 Terms and Definitions..................................................................... 20 Information Contacts...................................................................... 21 Agricultural Land Values Highlights The United States farm real estate value, a measurement of the value of all land and buildings on farms, averaged $4,500 per acre for 2026, up $150 per acre (3.4 percent) from 2025. The United States cropland value averaged $6,020 per acre, an increase of $190 per acre (3.3 percent) from the previous year. The United States pasture value averaged $2,000 per acre, an increase of $80 per acre (4.2 percent) from 2025. Farm Real Estate Average Value per Acre - Regions, States, and United States: 2022-2026 -------------------------------------------------------------------------------- : : : : : : Change Region and State : 2022 : 2023 : 2024 : 2025 : 2026 :2025-2026 -------------------------------------------------------------------------------- : ------------------- dollars ------------------ percent : Northeast ..........: 6,580 6,890 7,070 7,300 7,510 2.9 Connecticut ......: 13,500 13,900 14,300 14,400 14,600 1.4 Delaware .........: 9,570 9,520 (D) 9,550 9,700 1.6 Maine ............: 3,090 3,170 3,260 3,350 3,400 1.5 Maryland .........: 9,350 9,260 9,470 9,750 9,950 2.1 Massachusetts ....: 14,000 13,800 14,300 14,900 15,200 2.0 New Hampshire ....: 5,770 5,940 6,250 6,500 6,670 2.6 New Jersey .......: 14,200 16,000 16,200 16,600 17,000 2.4 New York .........: 3,720 3,960 4,150 4,300 4,500 4.7 Pennsylvania .....: 7,660 8,020 8,160 8,490 8,700 2.5 Rhode Island .....: 18,900 20,100 22,000 22,500 23,600 4.9 Vermont ..........: 3,860 4,140 4,350 4,400 4,490 2.0 : Lake States ........: 5,680 6,070 6,330 6,690 6,890 3.0 Michigan .........: 5,470 5,880 6,310 6,800 7,000 2.9 Minnesota ........: 5,780 6,110 6,450 6,790 6,950 2.4 Wisconsin ........: 5,640 6,120 6,120 6,420 6,700 4.4 : Corn Belt ..........: 7,220 7,650 7,930 8,250 8,540 3.5 Illinois .........: 8,220 8,420 8,700 8,930 9,250 3.6 Indiana ..........: 7,400 8,260 8,510 8,850 9,150 3.4 Iowa .............: 8,880 9,250 9,420 9,790 10,100 3.2 Missouri .........: 4,230 4,610 4,800 5,000 5,200 4.0 Ohio .............: 7,380 8,040 8,760 9,350 9,650 3.2 : Northern Plains ....: 2,570 2,860 3,050 3,200 3,320 3.8 Kansas ...........: 2,420 2,750 2,970 3,100 3,200 3.2 Nebraska .........: 3,450 3,820 4,080 4,250 4,400 3.5 North Dakota .....: 1,920 2,140 2,260 2,360 2,450 3.8 South Dakota .....: 2,390 2,630 2,780 2,970 3,100 4.4 : Appalachian ........: 4,600 4,900 5,320 5,590 5,820 4.1 Kentucky .........: 4,520 4,930 5,300 5,480 5,600 2.2 North Carolina ...: 4,860 4,850 5,190 5,470 5,750 5.1 Tennessee ........: 4,740 5,160 5,710 6,150 6,500 5.7 Virginia .........: 4,950 5,300 5,850 6,100 6,300 3.3 West Virginia ....: 3,080 3,300 3,420 3,520 3,640 3.4 -------------------------------------------------------------------------------- See footnote(s) at end of table. --continued Farm Real Estate Average Value per Acre - Regions, States, and United States: 2022-2026 (continued) -------------------------------------------------------------------------------- : : : : : : Change Region and State : 2022 : 2023 : 2024 : 2025 : 2026 :2025-2026 -------------------------------------------------------------------------------- : ------------------- dollars ------------------ percent : Southeast ..........: 4,720 5,020 5,490 5,750 6,000 4.3 Alabama ..........: 3,520 3,660 4,000 4,150 4,250 2.4 Florida ..........: 6,920 7,320 8,300 8,700 9,150 5.2 Georgia ..........: 3,900 4,270 4,500 4,720 4,950 4.9 South Carolina ...: 4,070 4,360 4,500 4,740 4,900 3.4 : Delta States .......: 3,540 3,660 3,810 3,930 4,020 2.3 Arkansas .........: 3,800 3,920 4,110 4,250 4,350 2.4 Louisiana ........: 3,490 3,600 3,720 3,850 3,950 2.6 Mississippi ......: 3,240 3,370 3,490 3,580 3,650 2.0 : Southern Plains ....: 2,360 2,530 2,720 2,880 3,000 4.2 Oklahoma .........: 2,070 2,210 2,400 2,540 2,620 3.1 Texas ............: 2,440 2,610 2,800 2,970 3,100 4.4 : Mountain ...........: 1,470 1,550 1,600 1,660 1,710 3.0 Arizona 1/ .......: 3,860 3,780 4,000 4,180 4,300 2.9 Colorado .........: 1,910 2,150 2,200 2,290 2,360 3.1 Idaho ............: 3,990 4,190 4,390 4,580 4,750 3.7 Montana ..........: 1,110 1,180 1,200 1,230 1,260 2.4 Nevada 1/ ........: 1,110 1,120 1,150 1,200 1,230 2.5 New Mexico 1/ ....: 658 671 700 725 735 1.4 Utah 1/ ..........: 2,890 3,040 3,300 3,500 3,650 4.3 Wyoming ..........: 917 968 975 1,000 1,030 3.0 : Pacific ............: 7,440 7,850 8,040 8,210 8,440 2.8 California .......: 12,600 13,100 13,400 13,700 14,100 2.9 Oregon ...........: 3,280 3,500 3,720 3,780 3,880 2.6 Washington .......: 3,350 3,510 3,620 3,710 3,800 2.4 : United States 2/ ...: 3,720 3,970 4,170 4,350 4,500 3.4 -------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. (X) Not applicable. 1/ Excludes American Indian Reservation land. 2/ Excludes Alaska and Hawaii. Cropland Average Value per Acre - Regions, States, and United States: 2022-2026 -------------------------------------------------------------------------------- : : : : : : Change Region and State : 2022 : 2023 : 2024 : 2025 : 2026 :2025-2026 -------------------------------------------------------------------------------- : ------------------- dollars ------------------ percent : Northeast ..........: 7,160 7,530 7,690 7,910 8,140 2.9 Connecticut ......: (D) (D) (D) 22,700 23,200 2.2 Delaware .........: 8,980 9,230 (D) 9,300 9,550 2.7 Maine ............: (D) (D) (D) 4,600 4,700 2.2 Maryland .........: 8,430 8,540 8,770 8,990 9,250 2.9 Massachusetts ....: (D) (D) (D) 26,000 26,600 2.3 New Hampshire ....: (D) (D) (D) 9,900 10,100 2.0 New Jersey .......: 14,700 16,400 16,300 16,700 17,100 2.4 New York .........: 3,400 3,630 3,850 4,010 4,150 3.5 Pennsylvania .....: 8,650 9,080 9,270 9,560 9,800 2.5 Rhode Island .....: (D) (D) (D) 32,900 34,300 4.3 Vermont ..........: (D) (D) (D) 4,350 4,450 2.3 : Lake States ........: 5,680 6,210 6,470 6,940 7,240 4.3 Michigan .........: 4,960 5,420 5,870 6,350 6,600 3.9 Minnesota ........: 5,830 6,310 6,540 7,000 7,300 4.3 Wisconsin ........: 5,940 6,620 6,800 7,250 7,600 4.8 : Corn Belt ..........: 7,660 8,190 8,560 8,940 9,280 3.8 Illinois .........: 8,700 9,250 9,550 9,850 10,200 3.6 Indiana ..........: 7,170 7,620 7,870 8,250 8,600 4.2 Iowa .............: 8,830 9,410 9,800 10,300 10,700 3.9 Missouri .........: 4,400 4,720 4,910 5,150 5,310 3.1 Ohio .............: 7,740 8,450 9,270 9,750 10,100 3.6 : Northern Plains ....: 3,400 3,790 4,040 4,220 4,350 3.1 Kansas ...........: 2,710 3,080 3,300 3,440 3,540 2.9 Nebraska .........: 5,520 6,150 6,540 6,800 6,960 2.4 North Dakota .....: 2,200 2,450 2,600 2,710 2,800 3.3 South Dakota .....: 3,710 4,100 4,350 4,610 4,770 3.5 : Appalachian ........: 4,840 5,220 5,660 5,950 6,190 4.0 Kentucky .........: 5,200 5,720 6,220 6,450 6,630 2.8 North Carolina ...: 4,650 4,800 5,120 5,360 5,580 4.1 Tennessee ........: 4,590 5,060 5,610 6,050 6,400 5.8 Virginia .........: 5,100 5,490 5,930 6,170 6,400 3.7 West Virginia ....: 3,700 3,920 4,050 4,220 4,400 4.3 -------------------------------------------------------------------------------- See footnote(s) at end of table. --continued Cropland Average Value per Acre - Regions, States, and United States: 2022-2026 (continued) -------------------------------------------------------------------------------- : : : : : : Change Region and State : 2022 : 2023 : 2024 : 2025 : 2026 :2025-2026 -------------------------------------------------------------------------------- : ------------------- dollars ------------------ percent : Southeast ..........: 4,830 5,260 5,640 5,860 6,080 3.8 Alabama ..........: 4,040 4,160 4,440 4,550 4,650 2.2 Florida ..........: 8,340 9,290 10,170 10,550 11,100 5.2 Georgia ..........: 3,760 4,120 4,330 4,520 4,670 3.3 South Carolina ...: 3,370 3,600 3,800 4,000 4,100 2.5 : Delta States .......: 3,390 3,510 3,650 3,750 3,860 2.9 Arkansas .........: 3,330 3,460 3,600 3,720 3,850 3.5 Louisiana ........: 3,250 3,330 3,480 3,570 3,660 2.5 Mississippi ......: 3,610 3,760 3,880 3,960 4,060 2.5 : Southern Plains ....: 2,240 2,390 2,500 2,640 2,730 3.4 Oklahoma .........: 1,940 2,130 2,310 2,470 2,560 3.6 Texas ............: 2,360 2,490 2,570 2,710 2,790 3.0 : Mountain ...........: 2,480 2,610 2,700 2,810 2,880 2.5 Arizona 1/ .......: 7,900 8,000 (D) 8,150 8,300 1.8 Colorado .........: 2,670 2,870 2,810 2,880 2,960 2.8 Idaho ............: 5,330 5,650 5,820 6,050 6,170 2.0 Montana ..........: 1,250 1,290 1,280 1,320 1,350 2.3 Nevada 1/ ........: (D) (D) (D) 3,030 3,090 2.0 New Mexico 1/ ....: 1,930 1,990 2,000 2,020 2,090 3.5 Utah 1/ ..........: 4,680 4,870 5,280 5,790 6,040 4.3 Wyoming ..........: 1,850 1,940 1,960 2,000 2,080 4.0 : Pacific ............: 9,060 9,540 9,520 9,830 10,080 2.5 California .......: 16,170 16,820 17,330 17,940 18,430 2.7 Oregon ...........: 3,940 4,090 4,350 4,440 4,540 2.3 Washington .......: 3,180 3,300 3,410 3,480 3,540 1.7 : United States 2/ ...: 4,940 5,320 5,570 5,830 6,020 3.3 -------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. 1/ Excludes American Indian Reservation land. 2/ Excludes Alaska and Hawaii. Irrigated and Non-Irrigated Cropland Average Value per Acre - States: 2022-2026 [Only states with significant irrigated acreage appear in this table] ----------------------------------------------------------------------------------------- Region, State, : : : : : : Change and Land type : 2022 : 2023 : 2024 : 2025 : 2026 :2025-2026 ----------------------------------------------------------------------------------------- : ------------------ dollars ------------------ percent : Corn Belt : Missouri, all cropland ....: 4,400 4,720 4,910 5,150 5,310 3.1 Irrigated ..............: 5,500 5,740 6,000 6,150 6,400 4.1 Non-irrigated ..........: 4,280 4,610 4,800 5,050 5,200 3.0 : Northern Plains : Kansas, all cropland ......: 2,710 3,080 3,300 3,440 3,540 2.9 Irrigated ..............: 3,680 4,220 4,460 4,500 4,600 2.2 Non-irrigated ..........: 2,620 2,980 3,200 3,350 3,450 3.0 : Nebraska, all cropland ....: 5,520 6,150 6,540 6,800 6,960 2.4 Irrigated ..............: 7,310 8,020 8,550 8,850 9,200 4.0 Non-irrigated ..........: 4,420 5,000 5,350 5,600 5,650 0.9 : South Dakota, all cropland : 3,710 4,100 4,350 4,610 4,770 3.5 Irrigated ..............: (D) (D) (D) (D) (D) (X) Non-irrigated ..........: 3,680 4,070 4,330 4,590 4,750 3.5 : Southeast : Florida, all cropland .....: 8,340 9,290 10,170 10,550 11,100 5.2 Irrigated ..............: 9,540 10,600 11,800 12,400 13,000 4.8 Non-irrigated ..........: 7,230 8,060 8,800 9,000 9,500 5.6 : Georgia, all cropland .....: 3,760 4,120 4,330 4,520 4,670 3.3 Irrigated ..............: 4,530 4,710 5,000 5,330 5,500 3.2 Non-irrigated ..........: 3,450 3,880 4,070 4,210 4,350 3.3 : Delta States : Arkansas, all cropland ....: 3,330 3,460 3,600 3,720 3,850 3.5 Irrigated ..............: 3,850 4,010 4,200 4,300 4,450 3.5 Non-irrigated ..........: 2,480 2,570 2,710 2,850 2,950 3.5 : Louisiana, all cropland ...: 3,250 3,330 3,480 3,570 3,660 2.5 Irrigated ..............: 3,160 3,290 3,390 3,600 3,800 5.6 Non-irrigated ..........: 3,290 3,350 3,520 3,560 3,600 1.1 : Mississippi, all cropland .: 3,610 3,760 3,880 3,960 4,060 2.5 Irrigated ..............: 4,210 4,420 4,580 4,650 4,800 3.2 Non-irrigated ..........: 3,260 3,380 3,470 3,550 3,620 2.0 : Southern Plains : Oklahoma, all cropland ....: 1,940 2,130 2,310 2,470 2,560 3.6 Irrigated ..............: (D) (D) (D) (D) (D) (X) Non-irrigated ..........: 1,930 2,120 2,300 2,460 2,550 3.7 : Texas, all cropland .......: 2,360 2,490 2,570 2,710 2,790 3.0 Irrigated ..............: 2,700 2,900 3,150 3,380 3,500 3.6 Non-irrigated ..........: 2,300 2,420 2,500 2,620 2,700 3.1 ----------------------------------------------------------------------------------------- See footnote(s) at end of table. --continued Irrigated and Non-Irrigated Cropland Average Value per Acre - States: 2022-2026 (continued) [Only states with significant irrigated acreage appear in this table] -------------------------------------------------------------------------------------- Region, State, : : : : : : Change and Land type : 2022 : 2023 : 2024 : 2025 : 2026 :2025-2026 -------------------------------------------------------------------------------------- : ----------------- dollars ---------------- percent : Mountain : Arizona, all cropland 1/ ....: 7,900 8,000 (D) 8,150 8,300 1.8 Irrigated ................: 7,900 8,000 (D) 8,150 8,400 3.1 : Colorado, all cropland ......: 2,670 2,870 2,810 2,880 2,960 2.8 Irrigated ................: 6,200 6,620 6,620 6,850 7,050 2.9 Non-irrigated ............: 1,730 1,870 1,950 1,990 2,040 2.5 : Idaho, all cropland .........: 5,330 5,650 5,820 6,050 6,170 2.0 Irrigated ................: 8,140 8,650 8,950 9,290 9,500 2.3 Non-irrigated ............: 2,260 2,360 2,420 2,530 2,550 0.8 : Montana, all cropland .......: 1,250 1,290 1,280 1,320 1,350 2.3 Irrigated ................: 3,770 3,910 4,120 4,350 4,500 3.4 Non-irrigated ............: 981 1,010 1,030 1,050 1,070 1.9 : Nevada, all cropland 1/ .....: (D) (D) (D) 3,030 3,090 2.0 Irrigated ................: (D) (D) (D) 3,030 3,100 2.3 : New Mexico, all cropland 1/ .: 1,930 1,990 2,000 2,020 2,090 3.5 Irrigated ................: 5,290 5,450 7,350 7,400 7,600 2.7 Non-irrigated ............: 561 583 620 630 670 6.3 : Utah, all cropland 1/ .......: 4,680 4,870 5,280 5,790 6,040 4.3 Irrigated ................: 7,460 7,760 8,950 9,810 10,200 4.0 Non-irrigated ............: 1,700 1,760 1,900 2,090 2,200 5.3 : Wyoming, all cropland .......: 1,850 1,940 1,960 2,000 2,080 4.0 Irrigated ................: 2,970 3,100 3,300 3,360 3,470 3.3 Non-irrigated ............: 1,010 1,060 1,090 1,130 1,190 5.3 : Pacific : California, all cropland ....: 16,170 16,820 17,330 17,940 18,430 2.7 Irrigated ................: 19,000 19,700 20,200 20,900 21,500 2.9 Non-irrigated ............: 6,930 7,400 7,700 8,000 8,150 1.9 : Oregon, all cropland ........: 3,940 4,090 4,350 4,440 4,540 2.3 Irrigated ................: 6,850 7,260 7,650 8,000 8,200 2.5 Non-irrigated ............: 2,810 2,860 3,010 3,000 3,050 1.7 : Washington, all cropland ....: 3,180 3,300 3,410 3,480 3,540 1.7 Irrigated ................: 9,080 9,350 9,600 9,800 10,000 2.0 Non-irrigated ............: 1,570 1,650 1,700 1,730 1,750 1.2 -------------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. 1/ Excludes American Indian Reservation land. Pasture Average Value per Acre - Regions, States, and United States: 2022-2026 -------------------------------------------------------------------------------- : : : : : : Change Region and State : 2022 : 2023 : 2024 : 2025 : 2026 :2025-2026 -------------------------------------------------------------------------------- : ------------------- dollars ------------------ percent : Northeast ..........: 4,290 4,480 4,670 4,750 4,890 2.9 Connecticut ......: (D) (D) (D) 12,700 13,000 2.4 Delaware .........: (D) (D) (D) 7,650 7,800 2.0 Maine ............: (D) (D) (D) 2,600 2,700 3.8 Maryland .........: (D) (D) (D) 8,100 8,300 2.5 Massachusetts ....: (D) (D) (D) 15,100 15,400 2.0 New Hampshire ....: (D) (D) (D) 7,850 8,120 3.4 New Jersey .......: 13,300 15,000 15,000 15,200 15,600 2.6 New York .........: 1,750 1,840 1,910 1,950 2,040 4.6 Pennsylvania .....: 3,960 4,090 4,160 4,240 4,350 2.6 Rhode Island .....: (D) (D) (D) 16,900 17,500 3.6 Vermont ..........: (D) (D) (D) 2,830 2,920 3.2 : Lake States ........: 2,390 2,560 2,730 2,830 2,970 4.9 Michigan .........: 2,710 2,850 2,970 3,100 3,200 3.2 Minnesota ........: 1,890 1,940 2,210 2,300 2,400 4.3 Wisconsin ........: 2,800 3,110 3,200 3,300 3,500 6.1 : Corn Belt ..........: 2,730 2,860 3,000 3,120 3,230 3.5 Illinois .........: 3,570 3,720 3,970 4,200 4,300 2.4 Indiana ..........: 2,500 2,590 2,670 2,790 2,850 2.2 Iowa .............: 3,000 3,170 3,500 3,650 3,800 4.1 Missouri .........: 2,450 2,560 2,650 2,750 2,850 3.6 Ohio .............: 3,690 3,810 4,000 4,150 4,250 2.4 : Northern Plains ....: 1,220 1,360 1,450 1,560 1,640 5.1 Kansas ...........: 1,700 1,930 2,100 2,270 2,400 5.7 Nebraska .........: 1,140 1,300 1,400 1,510 1,590 5.3 North Dakota .....: 871 987 1,050 1,140 1,200 5.3 South Dakota .....: 1,130 1,210 1,270 1,340 1,400 4.5 : Appalachian ........: 3,880 4,180 4,500 4,680 4,880 4.3 Kentucky .........: 3,380 3,570 3,770 3,900 4,050 3.8 North Carolina ...: 5,150 5,480 5,810 6,050 6,380 5.5 Tennessee ........: 4,490 4,960 5,360 5,600 5,910 5.5 Virginia .........: 4,130 4,480 5,090 5,300 5,430 2.5 West Virginia ....: 2,200 2,220 2,250 2,330 2,400 3.0 -------------------------------------------------------------------------------- See footnote(s) at end of table. --continued Pasture Average Value per Acre - Regions, States, and United States: 2022-2026 (continued) -------------------------------------------------------------------------------- : : : : : : Change Region and State : 2022 : 2023 : 2024 : 2025 : 2026 :2025-2026 -------------------------------------------------------------------------------- : ------------------ dollars ------------------ percent : Southeast ..........: 4,660 4,980 5,510 5,720 5,920 3.5 Alabama ..........: 3,000 3,140 3,330 3,400 3,500 2.9 Florida ..........: 5,800 6,300 7,100 7,400 7,650 3.4 Georgia ..........: 4,310 4,510 4,700 4,900 5,100 4.1 South Carolina ...: 3,800 4,030 4,150 4,300 4,500 4.7 : Delta States .......: 3,050 3,160 3,250 3,360 3,470 3.3 Arkansas .........: 3,050 3,160 3,270 3,370 3,500 3.9 Louisiana ........: 3,170 3,280 3,360 3,490 3,600 3.2 Mississippi ......: 2,920 3,050 3,120 3,220 3,310 2.8 : Southern Plains ....: 1,900 2,030 2,160 2,260 2,380 5.3 Oklahoma .........: 1,720 1,830 2,000 2,100 2,200 4.8 Texas ............: 1,940 2,070 2,200 2,300 2,420 5.2 : Mountain ...........: 841 884 912 944 973 3.1 Arizona 1/ .......: (D) (D) (D) 950 980 3.2 Colorado .........: 1,010 1,080 1,100 1,150 1,200 4.3 Idaho ............: 2,120 2,240 2,310 2,400 2,500 4.2 Montana ..........: 835 882 890 920 940 2.2 Nevada 1/ ........: (D) (D) (D) 850 870 2.4 New Mexico 1/ ....: 518 539 600 630 650 3.2 Utah 1/ ..........: 1,585 1,695 1,800 1,900 2,000 5.3 Wyoming ..........: 712 737 740 755 770 2.0 : Pacific ............: 2,180 2,290 2,370 2,450 2,550 4.1 California .......: 3,730 3,860 3,930 4,080 4,250 4.2 Oregon ...........: 971 1,020 1,050 1,080 1,120 3.7 Washington .......: 886 919 940 960 980 2.1 : United States 2/ ...: 1,630 1,740 1,830 1,920 2,000 4.2 -------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. 1/ Excludes American Indian Reservation land. 2/ Excludes Alaska and Hawaii. Value of Farmland and Buildings - States and United States: 2021-2025 [Total value of land and buildings is derived by multiplying average value per acre of farm real estate by the land in farms] -------------------------------------------------------------------------------- : Total value of land and buildings :----------------------------------------------------------- : : : : : : Change Region and State : 2021 : 2022 : 2023 : 2024 : 2025 :2024-2025 -------------------------------------------------------------------------------- : --------------- million dollars --------------- percent : Northeast : Connecticut ......: 4,588 4,995 5,143 5,291 5,328 0.7 Delaware .........: 4,753 4,976 4,950 4,950 4,966 0.3 Maine ............: 3,438 3,708 3,804 3,912 4,020 2.8 Maryland .........: 16,860 18,700 18,520 18,940 19,500 3.0 Massachusetts ....: 6,450 6,580 6,486 6,721 7,003 4.2 New Hampshire ....: 2,140 2,423 2,495 2,625 2,730 4.0 New Jersey .......: 9,450 9,940 11,200 11,340 11,454 1.0 New York .........: 23,182 24,180 25,740 26,975 27,520 2.0 Pennsylvania .....: 50,544 54,386 56,942 57,936 60,279 4.0 Rhode Island .....: 1,044 1,134 1,206 1,320 1,350 2.3 Vermont ..........: 4,392 4,632 4,968 5,220 5,280 1.1 : Lake States : Michigan .........: 49,392 51,965 55,860 59,314 63,920 7.8 Minnesota ........: 127,000 146,812 155,194 163,830 171,787 4.9 Wisconsin ........: 72,100 77,832 84,456 84,456 87,954 4.1 : Corn Belt : Illinois .........: 197,904 216,186 221,446 228,810 233,073 1.9 Indiana ..........: 98,490 108,040 120,596 123,395 128,325 4.0 Iowa .............: 224,084 266,400 277,500 282,600 292,721 3.6 Missouri .........: 102,648 114,210 124,470 129,120 133,000 3.0 Ohio .............: 92,736 101,106 110,148 118,260 126,225 6.7 : Northern Plains : Kansas ...........: 89,044 108,416 123,200 133,056 138,260 3.9 Nebraska .........: 129,204 151,800 168,080 179,520 186,575 3.9 North Dakota .....: 67,470 73,920 82,390 87,010 90,860 4.4 South Dakota .....: 87,962 101,097 111,249 117,594 125,334 6.6 : Appalachian : Kentucky .........: 52,324 56,048 61,132 65,720 67,404 2.6 North Carolina ...: 38,950 39,366 39,285 42,039 43,760 4.1 Tennessee ........: 45,903 50,718 55,212 61,097 65,805 7.7 Virginia .........: 34,500 36,135 38,690 42,705 43,920 2.8 West Virginia ....: 9,870 10,780 11,550 11,970 12,320 2.9 -------------------------------------------------------------------------------- See footnote(s) at end of table. --continued Value of Farmland and Buildings - States and United States: 2021-2025 (continued) [Total value of land and buildings is derived by multiplying average value per acre of farm real estate by the land in farms] -------------------------------------------------------------------------------- : Total value of land and buildings :----------------------------------------------------------- : : : : : : Change Region and State : 2021 : 2022 : 2023 : 2024 : 2025 :2024-2025 -------------------------------------------------------------------------------- :---------------- million dollars ---------------- percent : Southeast : Alabama ..........: 27,636 30,272 31,476 34,400 35,690 3.8 Florida ..........: 60,528 67,124 71,004 80,510 84,390 4.8 Georgia ..........: 36,663 39,000 42,700 44,550 46,728 4.9 South Carolina ...: 17,813 18,722 20,056 20,700 21,804 5.3 : Delta States : Arkansas .........: 49,623 52,060 53,704 55,896 57,800 3.4 Louisiana ........: 26,160 27,920 28,800 29,760 30,800 3.5 Mississippi ......: 31,512 33,372 34,711 35,598 36,516 2.6 : Southern Plains : Oklahoma .........: 63,840 68,103 72,709 78,960 83,312 5.5 Texas ............: 280,980 305,000 326,250 350,000 371,250 6.1 : Mountain : Arizona 1/ .......: 24,705 24,251 21,957 22,957 23,358 1.7 Colorado .........: 52,700 57,682 64,500 64,460 66,868 3.7 Idaho ............: 40,825 45,885 48,185 50,485 52,670 4.3 Montana ..........: 56,933 63,936 67,968 68,880 70,479 2.3 Nevada 1/ ........: 5,882 5,979 6,031 6,184 6,441 4.2 New Mexico 1/ ....: 22,874 23,295 23,712 24,503 25,083 2.4 Utah 1/ ..........: 18,205 19,554 20,518 22,189 23,474 5.8 Wyoming ..........: 24,328 26,410 27,878 28,080 28,800 2.6 : Pacific : California .......: 274,590 304,920 311,780 317,580 323,320 1.8 Oregon ...........: 45,725 50,184 53,550 56,916 57,834 1.6 Washington .......: 43,594 46,565 48,789 49,956 50,827 1.7 : United States 2/ ...:2,851,538 3,156,719 3,358,190 3,518,290 3,658,117 4.0 -------------------------------------------------------------------------------- 1/ Value of all land and buildings adjusted to include American Indian Reservation land value. 2/ Excludes Alaska and Hawaii. Economic Regions: Northeast: Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Vermont. Lake States: Michigan, Minnesota, Wisconsin. Corn Belt: Illinois, Indiana, Iowa, Missouri, Ohio. Northern Plains: Kansas, Nebraska, North Dakota, South Dakota. Appalachian: Kentucky, North Carolina, Tennessee, Virginia, West Virginia. Southeast: Alabama, Florida, Georgia, South Carolina. Delta States: Arkansas, Louisiana, Mississippi. Southern Plains: Oklahoma, Texas. Mountain: Arizona, Colorado, Idaho, Montana, Nevada, New Mexico, Utah, Wyoming. Pacific: California, Oregon, Washington. Statistical Methodology Survey Procedures: The estimates of land values in this report are based primarily on the Agricultural Land Values Survey conducted from April to June. This annual survey uses a stratified random sample from the NASS list frame. A sample of approximately 30,000 operations were included. Enumerators contacted all agricultural producers in the sample and recorded land value information for all cropland and pasture they operate. They also collect an estimated value of all land and buildings for the operator's entire farming operation and the estimated percent change from the previous year. Survey reported data are reviewed for reasonableness and consistency by comparing with other data reported in the survey and with data reported in the previous year. Estimating Procedures: Once the data are summarized, each Regional Field Office (RFO) conducts an analysis of the summarized indications and any other available information for their States. RFOs then set estimates for land values and submit these recommendations along with their assessment of survey and other administrative information to the Agricultural Statistics Board (ASB). Survey data are also summarized for Regional and National levels and reviewed independently of each State's review. National targets are established by the ASB. After RFO recommendations are submitted, the ASB reviews the RFO estimates and supporting comments, and any conflicts with targeted National levels are resolved. The Regional and United States estimates are weighted by the amount of cropland and pasture in each State, based on the most recent Census of Agriculture. For the purposes of this report, cropland pastured is defined as cropland. Published Estimates: State averages are not published for States with limited reports to ensure confidentiality of individual operations. While the Agricultural Land Values Survey is the primary source of data for the estimates, potential previous year revisions are also considered, as described in the more detailed NASS Land Values Methodology and Quality Measure publication. As such, the estimates reflect an average of land values for the year. https://www.nass.usda.gov/Publications/Methodology_and_Data_Quality/Lan d_Values/09_2025/landqm25.pdf Revision Policy: For non-census years, land values are subject to an annual revision the following year. After the 5-year Census of Agriculture is completed, land value estimates for the non-census years are subject to a final historic revision. The basis for revision must be supported by additional data that directly affect the level of the estimate. Terms and Definitions Farm: Any establishment from which $1,000 or more of agricultural products were sold or would normally be sold during the year. Government payments are included in sales. Farm real estate value: The value at which all land and buildings used for agricultural production, including dwellings, could be sold under current market conditions, if allowed to remain on the market for a reasonable amount of time. Cropland value: The value of land used to grow field crops, vegetables, or land harvested for hay. Land that switches back and forth between cropland and pasture should be valued as cropland. Hay land, idle cropland, and cropland enrolled in government conservation programs should be valued as cropland. Irrigated cropland value: The value of cropland that normally receives or has the potential to receive water by artificial means to supplement natural rainfall. Irrigated cropland may consist of both land that will or will not be irrigated during the current year, but still has the facilities and equipment to do so. Irrigation facilities and equipment such as wells, pumps, canals, ditches, reservoirs, lakes, tanks, ponds, rivers, streams or creeks are usually present or on nearby acres. Non-irrigated cropland value: The value of cropland that only receives water by natural rainfall. Pasture, grazing, and grassland value: The value of land that is normally grazed by livestock. Pasture does not need to have livestock grazing on it at the time of interview or during the current year in order to be valued as pasture or grazing land. USDA National Agricultural Statistics Service - Estimation Branch Contacts For more information about specific data items, please contact the Estimation Branch staff members below. You can also email inquiries to nass@usda.gov. Anthony Prillaman, Associate Deputy Administrator............................... (202) 720-2127 Darin Jantzi, Section Chief (701) 412-5953 Cash Receipts, Chemical Use Jeff Lemmons, Section Chief, (202) 973-3272 Farm Production Expenditures, Prices Paid Indexes Fleming Gibson, Section Chief (Acting) (202) 236-2428 Farms, Land in Farms Julie Weber, Section Chief (202) 317-0165 Cash Rents, Grazing Fees, Land Values, Prices Received Indexes, Parity Prices Released July 31, 2026, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, United States Department of Agriculture (USDA). 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