Price of land in your area

This should be good....

Curious as to what the going rate for land is in your area with this market. I know this is purely location based, but I think it would be interesting to get a wide variety of input.

For reference, I am about an hour northeast of Charlotte, NC in a rural area. Everybody is moving out of Charlotte and other surrounding larger cities to move to the county and make the commute. This, combined with the crazy market, has driven our local market sky high.

I'm currently land shopping and the going rate has been anywhere from 20-25k per acre. I thought this was crazy, but in the last month I think everyone has realized they can get more and now most things I'm seeing are 30k+ per acre. Two years ago the common selling price of this land would have been 8-10k per acre, so the prices have roughly tripled.

What are the prices of LAND in your area now vs. 2 years ago? Not concerned with the value of homes as I know that is sky high too, wondering about the price of buildable land that can pass a perc test.

Rich. $$ from the cities are buying land at any price just to have a solid asset. Actual value means nothing.

Ok, I will attempt to kick it off with $10,000 per acre raw wooded mountain land 20 miles from town. It's been this way for 15 years more or less.

We have New Yorkers moving in on us.

That's about what ours always was until lately

Farm ground is around $4000-5000 per acre.

There's a 79 acre of woods and rough field close by for $200,000 total. A stream running through it.

I am on the way

Our prices are still mostly dairy agriculture based. It takes 2-3 acres per cow to feed the cows and distribute the manure. The range depends upon yield factors for the land. Currently we are seeing prices from about 5-11K per acre for land that is sold, without buildings. More land is leased or rented however and they range from 100 to 325 per acre in our county per crop year. The big factors for price is location, yield and field size. Big equipment is not cost effective on small and odd shaped fields. Not much being sold now with rent prices as high as they are.

Bryce

1/4 - 1/3 building lot about $225,000.

About 20 miles away, 80+ acres zoned forestry (80 acre minimum lot size if you want to build), with very little merchantable timber would start at about $200,000 per 80. 640 acres $750K - $1 million.

North East kansas land on auction goes for around 4 to 5 thousand per acre
on the low end, just depends how many want it

What about when you get further West? I hunt a lot out towards Rooks, Trego, and Graham county. Seems like guys around there are paying more like 2-3k per acre, but they buy it by the sections

I see lots of property up here listed at $1000 an acre or less,if your looking at a Bush willies paradise

20 acres or more around $750 acre. No fields or marketable timber. No buildings taxes total 300-400 per year. Also no water.

5-10 acre cabin lot on or near the snowmobile or ATV trail system, $2000-$3000 per acre. Larger wooded lots 50 acres or more without timber, $1000 per acre.

If it is level enough to build on and in or near town, it is sky high.

900.00-1000.00 per acre for bush land, no road maybe a 2 track, no elect. Lake front 142 ft. 1.5 million-Up, that is with a cabin. Lake front taxes will kill you. To run electric you pay the local electric company by the foot, or any other lines. Cost me a little over 13,000 to run telephone, internet line, 1/4 mile, the line had to bored up to the house. Could not get a southern skyline for sat, without cutting a crap load of trees.

That price per acre is about right, less populated out west and dryer
They farm section out west here they farm smaller tracks of land and spread out.
If a section of land came up for sale it would get divided up into 4 or more tracks

Northcentral Pennsylvania rural raw land went from $1,500-$2,500 an acre to at least $3,500 an acre since the flatlander influx started in 2020. Some places with special stream frontage etc just saw sales go from probably $5,000 an acre to…$17,000 or even $125,000 an acre. It’s gone quite bonkers. A great deal of land purchasing in central/ Northcentral PA has been driven by Amish and Mennonite buyers for the past five years or so. Now add in the flatlanders fleeing from Joizy, Néw Yawk, Delaware, People’s Republic of Maryland etc and most realtors will tell you raw land over ten acres is impossible to find.

Just drove past a really nice farm a mile and a half from my house which sold for just over a million last fall. It was bought by an investment group who divided it up into 10-11 acre lots.

They want 200,000 for a ten acre lot and 600,00 for the lot that has th house, barn and other buildings on it. In all, they want to double their money.

$34,000 for a 1/3 of an acre in the housing development I live in located in mostly a large agricultural area.

All tillable land around here is over well $10,000 with some going as high as $16,000 per acre.

A lot of the ground is being picked up by hog raising companies that need farm ground to apply the manure that they produce.

Other parcels bringing high prices are 40-80-160 acre farms adjoining the buyers land.

Our local paper is full of auctions and listings of sellers taking advantage of the high prices.

Contributing factors is probably all the subsidies and grant monies that farmers can apply for and get.

This in NW Iowa.

Two years ago nice land was 2500/a now its 10k plus for crappy stuff.

Smaller lots are way more.

Thanks to all the elk watchers and tourists them things bring into elk county. A acre of even crappy ground is 10,000 minimum.

Brat,

I have no clue today on prices, all I can tell you

is I bought 10 acres in southern Caswell County

20 years ago, I paid $ 37,500.00 for the parcel

And no it was not cutover

Buzz, I put in an offer in Stanly county today. Should get a decision from the landowner this evening. Fingers crossed

$12,000 roughly. Some stuff is $8,000

I know of two quarters of land that sold at auction last week for 2825.00 a acre. All farm land with 8 acre old farmstead with no usable building. Land is 65 miles west of Fargo N.D. and south 30 miles. Land is near Verona.

Southern shore of NJ near the Delaware bay. $5K - $10K an acre for most unimproved land either farmland or woods.

Some clay/rocky ground brought 8000/acre at Dubois NE several years ago. Money from Omaha that knew nothing about ground quality.

Found one that I'd like for retirement.

https://www.landwatch.com/baldwin-county-alabama-recreational-property-for-sale/pid/334015039

16 acres, river frontage two sides. It's that pointy bit between the Alabama on the east and the Tombigbee to the west. Only accessible by boat.



Here it is in relation to civilization, lol. It's between Calvert and Tensaw.

Last week some went for $20,000 per acre in northern Ia. They had wind turbines on them which earn $10,000 each per year. Just hear-say.

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Sounds like you better put the run on em! In reality we have the same problem here. I’m all for relocating, just leave the stupid policies you are leaving, where they are at. Don’t implement the same ideologies here. Sadly, most don’t understand.

It depends on what kind of NY’er is moving in. If they are rural upstate NY’ers, you will be fine, what you have to worry about is New Yorkers from the city. But even those from the city are not all bad, the proof is they are moving out of NYC.

This spring a 240 acre piece of farm ground sold for 18800 an acre. Most any farm ground here in northeast Iowa brings 10-12 no problem.

We had a cop from Denver run for Sheriff and folks from Denver championing him! He was also a wife abuser. She got tired of it and he "fell down the stairs and hit his head on a coffee table" when he was drunk. Nobody was really sad about it.

Some areas farmland can't be bought for any price. Grandpa's want their Grandsons to farm too.

Residential building lots that are 1-2 acres you're talking 40 to 60k. Vacant land innthe country 20 acres plus is going 2k on the low end up to 5k depending on how buildable, huntable, or timberable. Ive been innthe vacany land search for quite some time. I always figured i needed something less than 3k per acre and it had to check a lot of boxes fory hunting happiness. Was very fortunate to recently find such a thing. I close in 3 weeks. There were multiple offers within days of listing. Cant wait to start my journey. Its not my dream property, but its been my dream to own property.

Whether it is pasture, CRP, or farmed $3500-$4000. One year ago $2800. City folks or large producers. I am afraid the days of semi affordable land for your average Joe are gone.

Cutover land here around 1200 per acre if over 40 acres. Price goes up the smaller the acreage.

That's crazy. Doesn't even matter if its cutover land here, it'll still be over 10k an acre.

Offer I put in yesterday didn't make the cut. Another buyer came in and paid full asking price with cash. The asking price was 2.5 times the tax value of the property and definitely over the appraised value even with the crazy market.

Awesome land price. Too bad I don't live closer to you.