All data represent the latest estimates for specified year.
Current Release Date: 2023-08-04T15:00:00
The United States farm real estate value, a measurement of the value of all land and buildings on farms, averaged $4,080 per acre for 2023, up $280 per acre (7.4 percent) from 2022. The United States cropland value averaged $5,460 per acre, an increase of $410 per acre (8.1 percent) from the previous year. The United States pasture value averaged $1,760 per acre, an increase of $110 per acre (6.7 percent) from 2022.
Average Farm Real Estate Value - United States: 2009-2023
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Farm Real Estate Average Value per Acre - Northeast - Region and States: 2019-2023
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Farm Real Estate Average Value per Acre - Lake States - Region and States: 2019-2023
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Farm Real Estate Average Value per Acre - Corn Belt - Region and States: 2019-2023
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Farm Real Estate Average Value per Acre - Northern Plains - Regions and States: 2019-2023
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Farm Real Estate Average Value per Acre - Appalachian - Region and States: 2019-2023
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Farm Real Estate Average Value per Acre - Southeast - Region and States: 2019-2023
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Farm Real Estate Average Value per Acre - Delta States - Region and States: 2019-2023
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Farm Real Estate Average Value per Acre - Southern Plains - Region and States: 2019-2023
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Farm Real Estate Average Value per Acre - Mountain - Region and States: 2019-2023
Arizona, Nevada, New Mexico, and Utah exclude American Indian Reservation land
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Farm Real Estate Average Value per Acre - Pacific - Region and States: 2019-2023
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Farm Real Estate Average Value per Acre - United States: 2019-2023
United States excludes Alaska and Hawaii
Data Dictionary
Cropland Average Value per Acre - Northeast - Region and States: 2019-2023
Other States Include: Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont.
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Cropland Average Value per Acre - Lake States - Region and States: 2019-2023
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Cropland Average Value per Acre - Corn Belt - Region and States: 2019-2023
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Cropland Average Value per Acre - Northern Plains - Regions and States: 2019-2023
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Cropland Average Value per Acre - Appalachian - Region and States: 2019-2023
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Cropland Average Value per Acre - Southeast - Region and States: 2019-2023
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Cropland Average Value per Acre - Delta States - Region and States: 2019-2023
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Cropland Average Value per Acre - Southern Plains - Region and States: 2019-2023
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Cropland Average Value per Acre - Mountain - Region and States: 2019-2023
(D) Withheld to avoid disclosing data for individual operations.
(X) Not applicable
For states within Mountain Region (which includes Arizona, Nevada, New Mexico, and Utah): Excludes American Indian Reservation land
Data Dictionary
Cropland Average Value per Acre - Pacific - Region and States: 2019-2023
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Cropland Average Value per Acre - United States: 2019-2023
United States excludes Alaska and Hawaii
Data Dictionary
Irrigated and Non-Irrigated Cropland Average Value per Acre - Corn Belt - Region and States: 2019-2023
Only states with significant irrigated acreage appear in this table
Data Dictionary
Irrigated and Non-Irrigated Cropland Average Value per Acre - Northern Plains - Regions and States: 2019-2023
Only states with significant irrigated acreage appear in this table
(D) Withheld to avoid disclosing data for individual operations.
(X) Not applicable
Data Dictionary
Irrigated and Non-Irrigated Cropland Average Value per Acre - Southeast - Region and States: 2019-2023
Only states with significant irrigated acreage appear in this table
Data Dictionary
Irrigated and Non-Irrigated Cropland Average Value per Acre - Delta States - Region and States: 2019-2023
Only states with significant irrigated acreage appear in this table
Data Dictionary
Irrigated and Non-Irrigated Cropland Average Value per Acre - Southern Plains - Region and States: 2019-2023
Only states with significant irrigated acreage appear in this table
(D) Withheld to avoid disclosing data for individual operations.
(X) Not applicable
Data Dictionary
Irrigated and Non-Irrigated Cropland Average Value per Acre - Mountain - Region and States: 2019-2023
Only states with significant irrigated acreage appear in this table
(D) Withheld to avoid disclosing data for individual operations.
(X) Not applicable
Arizona, Nevada, New Mexico, and Utah exclude American Indian Reservation land
Data Dictionary
Irrigated and Non-Irrigated Cropland Average Value per Acre - Pacific - Region and States: 2019-2023
Only states with significant irrigated acreage appear in this table
Data Dictionary
Pasture Average Value per Acre - Northeast - Region and States: 2019-2023
(D) Withheld to avoid disclosing data for individual operations.
(X) Not applicable
Other States Include: Connecticut, Delaware, Maine, Maryland (beginning in 2018), Massachusetts, New Hampshire, Rhode Island, and Vermont.
Data Dictionary
Pasture Average Value per Acre - Lake States - Region and States: 2019-2023
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Pasture Average Value per Acre - Corn Belt - Region and States: 2019-2023
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Pasture Average Value per Acre - Northern Plains - Regions and States: 2019-2023
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Pasture Average Value per Acre - Appalachian - Region and States: 2019-2023
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Pasture Average Value per Acre - Southeast - Region and States: 2019-2023
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Pasture Average Value per Acre - Delta States - Region and States: 2019-2023
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Pasture Average Value per Acre - Southern Plains - Region and States: 2019-2023
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Pasture Average Value per Acre - Mountain - Region and States: 2019-2023
(D) Withheld to avoid disclosing data for individual operations.
(X) Not applicable
For states within Mountain Region (which includes Arizona, Nevada, New Mexico, and Utah): Excludes American Indian Reservation land
Data Dictionary
Pasture Average Value per Acre - Pacific - Region and States: 2019-2023
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Pasture Average Value per Acre - United States: 2019-2023
United States excludes Alaska and Hawaii
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Value of Farmland and Buildings - Northeast - Region and States: 2018-2022
Total value of land and buildings is derived by multiplying average value per acre of farm real estate by the land in farms
Data Dictionary
Value of Farmland and Buildings - Lake States - Region and States: 2018-2022
Total value of land and buildings is derived by multiplying average value per acre of farm real estate by the land in farms
Data Dictionary
Value of Farmland and Buildings - Corn Belt - Region and States: 2018-2022
Total value of land and buildings is derived by multiplying average value per acre of farm real estate by the land in farms
Data Dictionary
Value of Farmland and Buildings - Northern Plains - Regions and States: 2018-2022
Total value of land and buildings is derived by multiplying average value per acre of farm real estate by the land in farms
Data Dictionary
Value of Farmland and Buildings - Appalachian - Region and States: 2018-2022
Total value of land and buildings is derived by multiplying average value per acre of farm real estate by the land in farms
Data Dictionary
Value of Farmland and Buildings - Southeast - Region and States: 2018-2022
Total value of land and buildings is derived by multiplying average value per acre of farm real estate by the land in farms
Data Dictionary
Value of Farmland and Buildings - Delta States - Region and States: 2018-2022
Total value of land and buildings is derived by multiplying average value per acre of farm real estate by the land in farms
Data Dictionary
Value of Farmland and Buildings - Southern Plains - Region and States: 2018-2022
Total value of land and buildings is derived by multiplying average value per acre of farm real estate by the land in farms
Data Dictionary
Value of Farmland and Buildings - Mountain - Region and States: 2018-2022
Total value of land and buildings is derived by multiplying average value per acre of farm real estate by the land in farms
For states within Mountain Region (which includes Arizona, Nevada, New Mexico, and Utah): Value of all land and buildings adjusted to include American Indian Reservation land value
Data Dictionary
Value of Farmland and Buildings - Pacific - Region and States: 2018-2022
Total value of land and buildings is derived by multiplying average value per acre of farm real estate by the land in farms
Data Dictionary
Value of Farmland and Buildings - United States: 2018-2022
Total value of land and buildings is derived by multiplying average value per acre of farm real estate by the land in farms
United States excludes Alaska and Hawaii