Ag Real Estate

Figure 1. The 2018 statewide average market value of farmland in Nebraska, at $2,745 per acre, declined 3% from a year ago. Average values decreased in all eight districts. (Source: Preliminary report from the 2018 Nebraska Farm Real Estate Market Survey)
Figure 1. The 2018 statewide average market value of farmland in Nebraska, at $2,745 per acre, declined 3% from a year ago. Average values decreased in all eight districts. (Source: Preliminary report from the 2018 Nebraska Farm Real Estate Market Survey)

Nebraska Average Ag Land Value Drops 3% from 2017 March 15, 2018

The average market value of Nebraska agricultural land declined by 3% over the prior year to $2,745 per acre, according to a preliminary report of of the 2018 Nebraska Farm Real Estate Market Survey. Market values have dropped 17% since reaching a high of $3,315 in 2014.

Read more

Map of Nebraska real estate values
Figure 1. Average value of Nebraska farmland on Feb. 1, 2017 and percent change from one year earlier. (Source: 2017 Nebraska Farm Real Estate Report)

2017 Farm Real Estate Report Details Price Decline June 30, 2017

The 2017 Nebraska Farm Real Estate Report released today estimates total value of agricultural land and buildings in Nebraska fell to approximately $127.7 billion, down $5.6 billion from 2016. In the all-land category the state ag real estate average value was $2,820 per acre or about 9% less than the prior year’s value.

Read more

Cropland
Cropland

NE Farm Real Estate Values Down 3 Percent from 2015; Cash Rents Also Down August 5, 2016

USDA National Agricultural Statistics Service (NASS) reported Aug. 5 that Nebraska farm real estate value, a measure of land and farm building values, decreased approximately 3% from 2015. Cropland decreased 4%. Cash rents for cropland decreased an average $10-$11 per acre.

Read more

So You've Inherited a Farm — Now What? April 6, 2016

A new series of Extension farm management programs, "So You've Inherited a Farm — Now What?" continues in mid-April with important information to help you understand and manage this new investment. Whether you grew up on the farm or visited for holidays, as new owners you will want to familiarize yourself with what it means to own it.

Read more

Ag Land Lease Considerations for 2015 January 9, 2015

During uncertain financial times such as these, tension can develop between landlords and tenants who become unsure as to whether their lease arrangement is fair. The best way to build mutual trust through these periods is to develop a clear two-way channel of communication and put any understandings in a written lease.

Read more