U.S. farm real estate value, a measurement of the value of all land and buildings on farms, averages $4,350 per acre for 2025, up $180 per acre (4.3%) from 2024. The U.S. cropland value averages $5,830 per acre, an increase of $260 per acre (4.7%) from the previous year. U.S. pasture value averages $1,920 per acre, an increase of $90 per acre (4.9%) from 2024.
In terms of cropland values in the USDA’s Corn Belt region, USDA says values rose an average of 4.4% versus July of a year earlier. It puts Illinois up 3.1% at $9,850 an acre; Indiana up 4.8% at $8,250 an acre; Iowa up 5.1% at $10,300 an acre; Missouri up 4.9% at $5,150 an acre and Ohio up 5.2% at $9,750 an acre.
USDA reports a 7.3% gain for the Lake States with Michigan up 8.2% at $6,350 an acre; Minnesota up 7.0% at $7,000 and Wisconsin up 6.6% at $7,250 an acre.
The Northern Plains list a 4.5% annual gain with Kansas up 4.2% at 3,440 an acre; Nebraska up 4.0% at $6,800; North Dakota up 4.2% at $2,710 and South Dakota up 6.0% at 4,610 an acre.
In the Southern Plains, with its reported 5.6% increase; USDA reports Oklahoma cropland up 6.9% at $2,470 an acre and Texas up 5.4% at $2,710 an acre.
USDA says cropland values in the Delta rose 2.7% with Arkansas up 3.3% at $3,720; Louisiana up 2.6% at $3,570 and Mississippi up 2.1% at $3.960 an acre.