Illinois Farmland Prices 2025. The 2020 study showed an increase of 2.07% and 2021 indicated an increase of 8.54%. Results across all land classes showed.
Let’s dive into the latest sales data, including county location, land size by acre amount, soil productivity ratings, and sale prices per acre and total price in the table below. Farmland prices across illinois have maintained their strength from 2021 with an average increase of 18 percent over the same period one year ago.
Farmland Prices Across Illinois Have Maintained Their Strength From 2021 With An Average Increase Of 18 Percent Over The Same Period One Year Ago.
How these trends adjust will determine.
“Across The State We Have Seen Meteoric Rises In Prices Across All Classifications Of Land.
Farmland prices have, appropriately, been described as resilient through 2023, which is demonstrated in the various farmland price charts above.
Illinois Farmland Prices 2025 Images References :
The 2023 Study Reflected An Average Increase Of 8.1% With 15 Of 20 Benchmark Farms Increasing In Value.
Leading the charge was class a or ‘excellent’ acreage which saw.
Last Year, The Main Market Drivers Were Strong Commodity Prices And Not Enough Farmland Supply To Meet Buyer Demand.
Find out the current price per acre of farmland in illinois and how illinois farmland has appreciated in value over time.