Taxed at seven times the agricultural land tax rate. View land prices, acreage, land use and GIS data for each sale and build a comparable sales report. Maricopa County … The amounts listed above are the prices paid per acre for total farmland (not tillable acres) in each listed county. Between 2019 and 2020, U.S. average cropland and pastureland values both fell by 0.8 percent, to $4,100 and $1,400 per acre, respectively. Regents of the University of Minnesota. An official website of the United States government. To recognize the impact of changes in the purchasing power of the dollar, all value-based comparisons that appear below use inflation-adjusted historical data. Links to key farmland value data sources: For more information, contact: Valued at the statewide average productivity value of grazing land. Over 7,000 questionnaires were mailed on December 16th, The information is from actual arm’s length sales reported to county authorities and collected by personnel of the University of Minnesota Extension. Share sensitive information only on official, secure websites. 2021 The most recent release, September 2019, showed county-level rental rates for non-irrigated cropland ranging from less than $10 per acre in several Western states to more than $250 per acre across portions of the Corn Belt in Illinois and Iowa. At the same time, farm income was forecast to increase nationwide in 2020 (see Farm Income and Wealth Statistics for details). © State law defines this to include any activity listed under the North American Industry … Kansas Land Values by County; A report from Kansas State University Each year Dr. Mykel Taylor, professor of Ag Economics at Kansas State University analyzes county-level estimates for 2017 Kansas land values for irrigated and non-irrigated cropland, and pasture. Extension is expanding its online education and resources to adapt to COVID-19 restrictions. The Illinois GIS map provides parcel boundaries, acreage, and ownership information sourced from the Illinois county assessors. Choose by county and see Minnesota land rents and land sales from USDA data. Easily find agriculture property for sale in Arizona including acreage, rural property, vacant land, hunting land, recreational land, and investment property at LANDFLIP.com. What are historical agricultural land values in Minnesota? Recent listings of farms for sale in Maricopa County, Arizona, total around 2,000 acres and a combined market value of $25 million. About 13% of the state is State Trust Land, 15% is United States Forest Service land and 20% is U.S. Bureau of Land Management lands. 4 Land Values 2019 Summary (August 2019) USDA, National Agricultural Statistics Service Agricultural Land Values Highlights The United States farm real estate value, a measurement of the value of all land and buildings on farms, averaged $3,160 per acre for 2019, up $60 per acre (1.9 percent) from 2018. For example, between 2019 and 2020, inflation-adjusted farm real estate values fell in the Northern Plains (down 3.1 percent to $2,120) and the Lake States (down 1.6 percent to $4,860). USDA's annual June Area Survey indicates that farmland values began rising in 1988 and, except for single-year declines in 2009 and 2016, have continued rising. The USDA Economic Research Service studies trends in farmland values, assessing the impact of both macroeconomic factors (such as interest rates and the prices of alternative investments) and parcel-specific attributes (such as soil quality, government payments, rural amenity value and urban proximity). Over the same timeframe, pastureland values have increased the most in the Southern Plains (3.5 percent), and have fallen the most in the Corn Belt (-6.2 percent). Stearns County land sales ranged from $2,800 to $6,900 per acre - with a mean average of $4,900 per acre and a median of $5,000 per acre. IV. Butte County is in the state's Shasta Cascade Region region. Rental rates measure the value of using land for agricultural production. No land and building combination sales are included. These factors caused the second large decline of agricultural land values during the century. The 2020 SDSU Extension Farm Real Estate Market Survey is the 30th annual survey of agricultural land values and cash rental rates by land use and quality in different regions of South Dakota. There are 959,381 agricultural parcels in Illinois. Since 2014, the survey has been conducted by the Center for Agricultural and Rural Development in the Department of Economics at Iowa State University and Iowa State University Extension and Outreach. The U.S. Department of Agriculture’s National Agricultural Statistics Service (USDA/NASS) … Maricopa County is in the Phoenix & Central Region region. Official websites use .gov Between 2019 and 2020, average U.S. cropland rental rates decreased by 1.5 percent to $139. County estimates are derived using a procedure that combines ISU survey results with data from the U.S. Census of Agriculture. More than 200 counties across the Corn B… Sales data was not weighted for acres, each sale on a per acre basis was averaged to get the average price paid per acre. The GIS map provides parcel boundaries, acreage and ownership information sourced from the county assessors. The University of Minnesota is an equal opportunity educator and employer. Box Elder County is one of … University of Minnesota Extension discovers science-based solutions, delivers practical education, and engages Minnesotans to build a better future. Oklahoma Agricultural Land Values Home All information displayed is based on actual land sale data provided by the Farm Credit Associations of Oklahoma. Browse agricultural land sales across the U.S. View sale price, sale date, acreage, land use, buyer and seller names, and GIS data for each sale, and build a comparable sales report. 42-12151) and satisfies the criteria for classification as “property used for agricultural … Grant County showed a range of … Maricopa County is one … View information for your county in our Minnesota farmland sales 2018 and 2017. The average size of farms for sale in Maricopa County was 28 acres. All rights reserved. USDA National Agricultural Statistics Service Information. This, combined with historically low interest rates, contributes to the ability of the farm sector to support farmland values. The difference between cropland and pastureland values also vary by region. View recent sales of farmland, dairies, ranches, pastures and other types of agricultural land. Cropland maintains a premium over pastureland due to mostly higher per-acre returns to crop production. 2019 CAUV values by county and school district – Per Ohio Revised Code 5713.33, this workbook contains a spreadsheet with current agricultural use values aggregated by county, another spreadsheet with the CAUV values by school district, and a final spreadsheet listing school district names within each county within which they have territory. Non-qualified agricultural land is: Parcels of land, 20 acres or more, but less than 160 acres, that have not met the requirements for agricultural land classification listed above. Approximately 8,000 North Dakota agricultural andproducers were sampled for this survey. Farmland real estate values vary according to agricultural use. Representing three of Arizona’s “5 C’s” – cattle, citrus and cotton – agriculture is a fountain of economic LockA locked padlock A total of around 300,000 acres of land were listed for sale in Box Elder County recently, representing approximately $49 million in Box Elder County land and farms for sale. After adjusting historical data for inflation, however, farmland values did not begin to increase until 1993, and between 2016 and 2020 were 1.3 percent below their 2016 level on average. There is a regional variation in both farmland value levels and growth trends. ... AcreValue provides reports on the value of agricultural land in the U.S. Approximately 77,000 sales in the data base occurred from 1971 through 2019. NASS publications cover a wide range of subjects, from traditional crops, such as corn and wheat, to specialties, such as mushrooms and flowers; from calves born to hogs slaughtered; from agricultural prices to land in farms. The Indiana GIS map provides parcel boundaries, acreage, and ownership information sourced from the Indiana county assessors. This represents 100,000 acres of farmland and other rural property for sale in Riverside County. Every other year, USDA’s National Agricultural Statistics Service releases county-level cash rents for non-irrigated and irrigated cropland as well as pasture for all counties with more than 20,000 acres of cropland and pasture. AcreValue provides reports on the value of agricultural land in Indiana. View GIS maps that compile agricultural data, including farmland values, soil productivity ratings, crop mix, and parcel ownership information. Farmland real estate growth trends also vary by region. See the USDA, National Agricultural Statistics Service (NASS) website for a map and list of the States in the farm production regions discussed below. How have prices changed over time? Cropland rental rates increased the most in the Southeast (up 5.4 percent to $94 per acre) and the Delta States (up 2.8 percent to $115 per acre). Price changes and percentage changes can be misleading since the quality of land that is sold in one year may not compare equally with the quality of land sold in a previous year. Since 2016, cropland rental rates have increased the most in the Pacific (17.4 percent), and have fallen the most in the Lake States (-7.8 percent). Scott Callahan, farm assets and debt, including real estate, Download higher resolution chart (4167 pixels by 3333, 600 dpi), selected statistics on farm real estate, 1950-95, by State, average gross cash rents and rent to value rates, 1960-94, by State, Privacy Policy & Nondiscrimination Statement. The full report can be found online at www.agmanager.info. Information, contact: Valued at the statewide average productivity value of using land for agricultural production adapt COVID-19! 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