Depending on how many acres in the parcel what it goes for.smaller acreage 15,000 to 20,000 a acre,bigger parcels 7,000 to 10,000 a acre. There is no way at current ag prices you will pay for that in your lifetime if you have to borrow majority of the money.oh wait a minute I forgot about farm subsidies that the government gives back to them that we the taxpayers fund.go to ewg.gov for your state/county to find out what they have gotten back from the government since 1995.

Worry Not way things are goin farms will be a corporate conglomerate owned by the Government But Hey they already hired and are paying millions of farm workers just need the land

$10,000 -$15,000 per acre for wooded land without a house. Higher with a house.

Not sure what farmland is bringing around here. I just know it's expensive.

There is a chunk of land very near me, maybe 80 acres, owned by an investor from Alaska.

Nails it. Go to that website and see how the same family divides up acreage and maxs out subsidies. Had a friend print off the payouts to the farmers in this county and left a few copies on the table by the door at the local coffee shop. Boy were there a bunch of (This word is unacceptable on Trapperman) farmers over that.

Apparently, the Amish have a lot of money.

Bucks you are right it don’t add up. Farms next to mine bringing prices that cropping it it take 80 years to pay for it. That is with all good years. Corn farmers are hurting this year more corn in storage now than ever before. Big story on the news about how with fuel and inflation they would lose 1.25 or more per bushel. UNLESS they contracted when it was above 7:50. But corn in bins isn’t contracted or it would be gone
Heck pasture and logged land is even worse.

No owned by China

Totally different than someone buying land at these prices. You got cash to buy 800 acres at 5,000an acre that’s 4 mil
You have to farm that a lot of years to get your money back
Take 4 million and buy 16 CDs at 5.25 percent. You make Ton more money and don’t worry if it will rain!!!!
That’s 210,000 in interest and it makes profit on day one.
Yeah yeah start talking taxes but you have to make it to pay taxes on it. LOT of purchases around here is money laundering. Only explanation for.

A lot of farming is being money poor. Loosing money on paper ( tax deductions) but building wealth at the same time. Land value goes up. My farm has tripled in value from what I paid for it 7 years ago. It's money in the bank and not going down in value. Yes you have taxes and some up keep yet Cash and many other investments are competing with inflation so about a wash on that. Then add in enjoyment hunting, gardening, place to be outside. Rec value is there also. Basically land is better than gold and silver in my book from a safe place to park money. If you pick the right place it's better than stock. Here is one example of that.

I know a guy that bought a run down house and 2 acres for under 50k. Less than 9 years ago. Town moved out his way and is really building up. He has turned down 750k for it and is holding out for just a touch over a million.

Don’t know where you are located in Northern NY, but here on Tug Hill 40 acres of cut over timberland is easily $2000/ acre, subdivide it into 5 acre lots $3000-$4000/acre. Small acreage parcels of Adirondack land without lake frontage say 5-10 acres, $10,000/acre.

5617 E 40th street Kansas City Mo. is where my wife lived till 73. Her dad bought it in 54 or 55. After the race riots, forced bussing etc they became part of white flight. Moving to rural KS. Father in law lost money on the sale in spite of "not making more". House burnt down and now the lot is listed for 1100 bucks. Zoned residential with utilities and sewer available if anyone is looking for an investment.

Providence the key to your story is your land and other guys was bought back before prices got stupid. Big difference than what’s being paid now. Plus any wealth building only is seen if you sell it. Point here is farmland bought to FARM will not nor can not pay for itself at 8-15 thousand per acre. Heck be hard to pay for it at 5 per.
I bought 40 acres. 25 hayfield rest timber. Been offered 3 times what I paid for it. I could sell the timber at today’s prices plus what I lease the hayfield for. I won’t live long enough to get my money back unless I sell it. I paid less than 2,000 per.

Here in WNY I’ve heard the realtors saying it’s about $2500 per acre for wooded acreage.

Two years ago I bought 5 acres across the road from me for $5k, all fees included.

Today there is 7 acres up the road from me and they are asking $30k.

Don’t see them selling at that price, but who knows?

A good investment needs a good location. KC, MO and KC , KS not so much.

It is crazy in our area. I just bought 3.3 acres of tillable land to add on existing tract for 135k. This was a fair price for both myself and seller. A 31 acre farmette sold last week for 2,940,000. Yes, you read that right... 94k per acre!! Ten years ago the average price per acre was 20k, now it starts at 50k. Important to note, all of this is land that is zoned Ag and cannot be developed for residential or commercial uses.

I think its as much about property tax and real estate companies. Both win when appraisals go up. If a place sells with a month or two thats likely actual value. If it takes months or years its not.

And that's the same thing I was saying 10 years before I bought my place as well. And the same thing my grandpa said when he talked about what he paid to build his house vs what they were selling for around him 40 years later. Yet prices just keep climbing.

Now if I was good at picking stock I could have done better. But I'm not and have to have somewhere to live and hunt relax shoot ECT.

What was expensive for old strip mine 1k and acre now is 7 to 20 k depending on size location ECT. In 10 year people will look back and think man that was when land was adorable. Just like I think back at the adds for strip mine for 600 to 1000 per when I was younger and couldn't afford that.

A lot of farmer buy it at the high prices nope they won't get it to pay for it's self but it's value will increase and the added scale, tax benefit, location proximity or other value to their farm( now can drive to other fields they own directly and not have to load or drive equipment several miles around down the road ECT)may be more valuable in the long run than the crop production value.

Farm ground around where I live starts at $10,000 an acre and just increase dramatically. Commercial and residential development is king here but with that said we have a lot of "ghost town" strip malls sitting empty.