U.S. Farmland Value Averaged $3,160 Per Acre In 2019
Farmland values have stabilized since 2014, following a long trend of appreciation that began in the 1980s, according to USDA's Economic Research Service. However, there is a regional variation in both farmland value levels and growth trends. In recent years, farm real estate has typically accounted for about four-fifths of the total value of U.S. farm assets.
In 2019, U.S. farmland value averaged $3,160 per acre, an increase of .2% over 2018. While nominal farmland values haves increased modestly since 2016, real (inflation-adjusted) farmland values have remained flat since 2014.