Land Values and Cash Rents: 2023 Nebraska Farm Real Estate Update
The market value of agricultural land in Nebraska increased by 14% over the prior year, to an average of $3,835 per acre, according to the University of Nebraska-Lincoln’s 2023 Nebraska Farm Real Estate Market Survey final report. This marks the second-largest increase in the market value of agricultural land in Nebraska since 2014 and the highest non-inflation-adjusted statewide land value in the 45-year history of the survey.
This Center for Ag Profitability webinar covers findings from the newly published final edition of the 2023 Nebraska Farm Real Estate Market Survey report, including average reported land values and cash rental rates for different classes and types of agricultural land across the state. It reviews the factors influencing current trends and includes a Q&A session.