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Nebraska Farmland Prices

A report out on Nebraska Farmland Prices from the University of Nebraska shows a 3rd consecutive year of declines in values of farmland in Nebraska.  The report shows an average of 9% lower land values across Nebraska for the year ending February 1, 2017.  In early 2017 the state average land price was $2,820 from the prior value of $3,115 per acre.

Download the entire report: Nebraska Farmland Prices


Nebraska Farmland Prices

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Nebraska Farm Real Estate

Entier State of Nebraska Farmland Price Averages

LAND TYPE $/ACRE % CHANGE

All Land Average

2,820 -9

Center Pivot Irrigated Cropland

6,295 -9

Gravity Irrigated Cropland

6,070 -6

Dryland Cropland (Irrigation Potential)

4,225 -12

Dryland Cropland (No Irrigation Potential)

3,145 -9

Grazing Land (Tillable)

1,335 -11

Grazing Land (Nontillable)

895 -8

Hayland

1,815 -8

Northwest Nebraska Farmland Prices

LAND TYPE $/ACRE % CHANGE

All Land Average

755 -8

Center Pivot Irrigated Cropland

2,815 -14

Gravity Irrigated Cropland

2,580 -13

Dryland Cropland (Irrigation Potential)

765 -3

Dryland Cropland (No Irrigation Potential)

715 -4

Grazing Land (Tillable)

530 -6

Grazing Land (Nontillable)

465 -3

Hayland

795 -11

North Nebraska Farmland Prices

LAND TYPE $/ACRE % CHANGE

All Land Average

1,170 -6

Center Pivot Irrigated Cropland

4,150 -5

Gravity Irrigated Cropland

3,835 -3

Dryland Cropland (Irrigation Potential)

2,110 -2

Dryland Cropland (No Irrigation Potential)

1,560 -5

Grazing Land (Tillable)

1,170 -12

Grazing Land (Nontillable)

705 -5

Hayland

1,370 -6

Northeast Nebraska Farmland Prices

LAND TYPE $/ACRE % CHANGE

All Land Average

5,505 -8

Center Pivot Irrigated Cropland

7,445 -6

Gravity Irrigated Cropland

6,890 -5

Dryland Cropland (Irrigation Potential)

5,980 -11

Dryland Cropland (No Irrigation Potential)

5,410 -6

Grazing Land (Tillable)

3,665 -7

Grazing Land (Nontillable)

2,230 -10

Hayland

3,295 -4

Central Nebraska Farmland Prices

LAND TYPE $/ACRE % CHANGE

All Land Average

3,385 -10

Center Pivot Irrigated Cropland

6,885 -9

Gravity Irrigated Cropland

6,195 -6

Dryland Cropland (Irrigation Potential)

3,220 -16

Dryland Cropland (No Irrigation Potential)

2,785 -14

Grazing Land (Tillable)

2,155 -12

Grazing Land (Nontillable)

1,685 -12

Hayland

2,170 -16

East Nebraska Farmland Prices

LAND TYPE $/ACRE % CHANGE

All Land Average

6,395 -9

Center Pivot Irrigated Cropland

8,700 -8

Gravity Irrigated Cropland

7,640 -6

Dryland Cropland (Irrigation Potential)

6,455 -10

Dryland Cropland (No Irrigation Potential)

5,790 -9

Grazing Land (Tillable)

3,765 -14

Grazing Land (Nontillable)

2,495 -11

Hayland

3,090 -3

 

Southwest Nebraska Farmland Prices

LAND TYPE $/ACRE % CHANGE

All Land Average

1,745 -11

Center Pivot Irrigated Cropland

4,510 -15

Gravity Irrigated Cropland

4,155 -5

Dryland Cropland (Irrigation Potential)

1,720 -5

Dryland Cropland (No Irrigation Potential)

1,710 -13

Grazing Land (Tillable)

975 -9

Grazing Land (Nontillable)

820 -10

Hayland

1,485 -13

South Nebraska Farmland Prices

LAND TYPE $/ACRE % CHANGE

All Land Average

3,875 -9

Center Pivot Irrigated Cropland

6,700 -7

Gravity Irrigated Cropland

6,020 -4

Dryland Cropland (Irrigation Potential)

3,750 -13

Dryland Cropland (No Irrigation Potential)

3,045 -15

Grazing Land (Tillable)

2,040 -9

Grazing Land (Nontillable)

1,500 -11

Hayland

2,160 -8

 

Southeast Nebraska Farmland Prices

LAND TYPE $/ACRE % CHANGE

All Land Average

4,880 -14

Center Pivot Irrigated Cropland

7,820 -15

Gravity Irrigated Cropland

6,615 -10

Dryland Cropland (Irrigation Potential)

5,390 -16

Dryland Cropland (No Irrigation Potential)

4,285 -12

Grazing Land (Tillable)

2,780 -13

Grazing Land (Nontillable)

2,005 -9

Hayland

2,680 -4

 

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