Ag Real Estate

Agriculture land

Nonirrigated Cropland Values in Central Plains States Show Strength in 2021

June 17, 2021
Recent findings from the Federal Reserve Bank of Kansas City found nonirrigated cropland values in the central Plains rose, on average, 5% to 10% for first quarter 2021 compared to the prior year.

Read more

chart showing changes in farm real estate values

Nebraska Farm Real Estate and Financial Considerations in 2020

December 13, 2019
Agricultural producers face challenging financial circumstances on their cropland in 2020. While the upcoming production year provides a potentially better outlook, challenges remain for profitability and the health of the operation.

Read more

USDA: Farm Real Estate Value up Slightly in Nebraska

August 7, 2019

Nebraska's farm real estate value, a measurement of the value of all land and buildings on farms, increased from 2018, according to USDA's National Agricultural Statistics Service. Farm real estate value for 2019 averaged $2,850 per acre, up $100 per acre (4%) from last year.

Read more

Economics of the Capitalization Rate for Farmland. Links to full article

The Economics of the Capitalization Rate for Farmland

November 7, 2018
Real estate appraisers often use one of three methods to value real property: the market or sales comparison approach, the income approach, and the cost approach. In addition, factors other than the prospective income stream can factor into land prices.

Read more

USDA NASS: Farm Real Estate Values and Cash Rent

August 3, 2018

Nebraska's farm real estate value, a measurement of the value of all land and buildings on farms, decreased from 2017, according to USDA's National Agricultural Statistics Service. Farm real estate value for 2018 averaged $2,850 per acre, down $50 per acre (2%) from last year.

Read more

Average value of Nebraska farmland as of February 1, 2018. Links to full article.

2018 Nebraska Farm Real Estate Report

June 22, 2018
Final results from the Nebraska Farm Real Estate Survey show a fourth consecutive year of declining Nebraska agricultural land values. The statewide average value dropped 4% to $2,270 per acre.

Read more

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