In the United States, farm real estate value, a measurement of
the value of all land and buildings on farms, averaged $2,350 per acre for
2011, up 6.8 percent from 2010. Regional changes in the average value ranged
from a 15.9 percent increase in the Corn Belt region to a 2 percent decline in
the Southeast region. The highest values remained in the Northeast region at
$4,690 per acre. The Mountain region had the lowest value, $923 per acre.
The cropland value increased by $260 per acre (9.4 percent) to
$3,030 per acre. In the Northern Plains and Corn Belt regions, the average
value increased 17.2 and 16 percent, respectively, from the previous year.
However, in the Northeast and Southeast regions, values decreased by 1.3
percent and 1.1 percent, respectively.
Meanwhile, pasture value increased to $1,100 per acre or 1.9 percent above 2010. The Southwest region had the largest percentage decrease in value, 8.4 percent below 2010. The Corn Belt and Northern Plains regions had the highest percentage increase, both 6.6 percent above 2010.
Meanwhile, pasture value increased to $1,100 per acre or 1.9 percent above 2010. The Southwest region had the largest percentage decrease in value, 8.4 percent below 2010. The Corn Belt and Northern Plains regions had the highest percentage increase, both 6.6 percent above 2010.
