Land Sales Bulletin

Nebraska continues to demonstrate why it remains a key state to watch within Land Sales Bulletin’s 10‑state Midwest reporting region

accountMktgLSB | calendar-monthMarch 31, 2026

Southwest Nebraska auction underscored the strength of local demand: a 322.73‑acre irrigated farm in Keith County sold for $10,100 per acre, far above the area’s typical comparables.

According to the broker, the surge was driven not by outside investors but by motivated neighboring farmers. This is a trend that continues to define western Nebraska’s land market. High‑quality soil, reliable irrigation, and the absence of allocation restrictions added to the property’s appeal, but it was the competitive local farming community that ultimately set the pace.

Even as statewide averages soften, Nebraska’s farmer‑driven market remains resilient — a dynamic Land Sales Bulletin tracks closely across its Midwest coverage, including Illinois, Iowa, Indiana, Michigan, Minnesota, North Dakota, Ohio, South Dakota, Wisconsin, and Nebraska. Read More: Farmers Still Driving Nebraska Land Sales, Broker Says

Midwest Notable Farmland Sales March 2026

accountMktgLSB | calendar-monthMarch 30, 2026

Our Midwest reporting states of Illinois, Iowa, and Nebraska are the featured farmland sales in American Farmland Owner‘s recent Notable Sales report.

Farmland auctions across the 3 featured states show prices from $11,500 to $22,100 per acre, driven by soil quality, productivity, and location. Read details behind each sale https://www.americanfarmlandowner.com/post/midwest-notable-farmland-sales-march-2026

Farmland Values Hold Firm Across the Midwest Despite Weaker Farm Finances

accountMktgLSB | calendar-monthMarch 26, 2026

American Farmland Owner reports on the New Federal Reserve surveys that show farmland values across the Midwest held steady or increased in 2025, reinforcing the strength of the region’s land market even as farm finances weakened.

For those following Land Sales Bulletin’s 10-state Midwest region—Illinois, Indiana, Iowa, Michigan, Minnesota, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin—the data highlights continued stability:

  • Chicago Fed District: Farmland values up 6% year over year
    • Indiana +9%
    • Wisconsin +9%
    • Iowa +7%
    • Illinois +3%
  • Kansas City Fed District:
    • Non‑irrigated land: –0.3%
    • Irrigated land: +1.2%
    • Ranchland: +4.1%

At the same time, repayment challenges increased, more banks tightened credit standards, and interest rates—while easing—remain above long‑term averages.

Even with these pressures, Midwest farmland continues to stand out as one of the most stable assets in the agricultural economy. Read more: americanfarmlandowner.com

Midwest Farmland Values – “The Selective Strength” Era

accountMktgLSB | calendar-monthMarch 24, 2026

Nick Westgerdes, AFM, owner of New Roots Farm Brokerage, shares specialized farmland value insights and management reports for our Midwest reporting states of Illinois and Wisconsin. As the current President-Elect of the Illinois Society of Professional Farm Managers and Rural Appraisers (ISPFMRA), his recent 2026 reports highlight a “resilient” but evolving market using our Illinois and Wisconsin land sales data. New Roots Farm Brokerage – Client Driven & Farm Focused.

Nebraska Farmland Values Hold Steady Amid Market Shifts

accountMktgLSB | calendar-monthMarch 19, 2026

Our Midwest state of Nebraska continues to demonstrate why it remains a cornerstone of Midwest farmland performance. According to the University of Nebraska–Lincoln’s latest survey, the statewide all‑land average value sits at $3,905 per acre in 2026, a modest 1% decline from the previous year. This marks the second consecutive year of slight softening after Nebraska reached a record high in 2024.

Survey respondents point to lower commodity prices, higher input costs, and elevated interest rates as the primary pressures on land values. Even so, Nebraska’s market remains resilient, with grazing land and hayland values rising 4–7% statewide, supported by strong cattle prices and competition for pasture. Irrigated and dryland cropland values saw small declines, generally between 1–3% depending on land class and region. Nebraska Farm Real Estate Report | Center for Agricultural Profitability | Nebraska

For those tracking Nebraska’s land market closely, two reports are now available for download:

These insights complement what Land Sales Bulletin continues to document across its 10‑state Midwest region: tight supply, strong buyer competition for quality acres, and a market that remains steady even as financial conditions shift.

Nebraska Land Market Shows Quiet Strength

accountMktgLSB | calendar-monthMarch 12, 2026

Nebraska continues to demonstrate why Midwest farmland market remains one of the most resilient asset classes. Despite softer commodity prices, verified sales across the state show values holding firm — a trend echoed across Land Sales Bulletin’s Midwest reporting region.

Recent Nebraska transactions highlight the diversity of demand:

  • Greeley County pasture brought $3,600/acre, supported by recreational appeal and steady local interest.
  • Platte County pivot‑irrigated cropland surged to $14,650/acre, reflecting the premium placed on high‑quality, rarely available acres.
  • Merrick County irrigated tracts sold between $7,700 and $8,300/acre, buoyed by strong soybean yields, excellent access, and reliable water infrastructure.

Nebraska’s mix of irrigated productivity, livestock supported regions, and limited turnover keeps values supported — and reinforces the broader regional story of resilience. Read more from Farm Progress: Resilience of land markets is a surprise

Midwest Farmland Market Snapshot

accountMktgLSB | calendar-monthMarch 11, 2026

Farmland activity across our Midwest continues to demonstrate strength and resilience, with recent sales underscoring the diversity of land types and buyer demand across Land Sales Bulletin’s core reporting states.

Here’s a concise look at notable transactions featured in the latest Landwatch Weekly:

Indiana – A large 380‑acre Elkhart County farm sold for an average of $20,265/acre, with top tracts of productive tillable ground reaching $24,480/acre. Mixed timber‑tillable tracts followed closely behind.

Minnesota – Rock County cropland brought $17,000/acre across two tracts, supported by strong PLC yields and a productivity index above 96 — a clear indicator of continued appetite for top‑tier soils.

North Dakota – Ramsey County farmland sold for $1,975/acre, with tracts offering 63–68 PI soils and flexibility for spring wheat, peas, corn, soybeans, sunflowers, and canola. Values remain steady in regions where productivity varies but cropping diversity is strong.

Across the region, buyers remain focused on soil quality, crop versatility, and long‑term productivity, even as interest rates and input costs continue to shape bidding behavior.

Land Sales Bulletin provides confirmed, recorded sales across the Midwest — ensuring transparency, accuracy, and a clear view of real market movement. Read more about the highlighted sales from Progressive Farmer: https://conta.cc/4llHfoQ

Minnesota Farmland Market Shows Wide Variability

accountMktgLSB | calendar-monthMarch 10, 2026

Our Midwest state of Minnesota’s farmland market remains a study in contrasts. Some sales are exceeding expectations, while others show signs of softening — and shifting buyer dynamics are playing a major role. Farmers accounted for 70% of Hertz Farm Management’s purchases in 2024, dropping to 58% in 2025 as investor activity increased.

Recent Federal Reserve data shows nonirrigated land values up 0.7% and pastureland up 12% in the 9th District, reflecting strong cattle markets. Strong A‑quality sales continue across Minnesota, with recent prices ranging from $9,779 to $12,916 per acre depending on county and CPI. Read more from Farm Progress: Strength of farmland market continues to vary across Minnesota

As always, Land Sales Bulletin’s timely, finalized land sale data across Minnesota and the broader Midwest provides essential transparency for understanding these trends and benchmarking local market performance: Midwest Land Sales Data

Minnesota land sales - Farm Progress

Iowa Farmland Market – Stable Amidst the Storm

accountMktgLSB | calendar-monthMarch 6, 2026

Despite a winter of volatile weather and a multi-year stretch of low commodity prices, our Midwest reporting state of Iowa’s farmland market remains remarkably resilient. The current landscape is defined by “stability over change,” with land values effectively treading water.

Key Drivers of Stability:

  • Low Inventory: A limited supply of land hitting the market is preventing price drops.
  • Local Demand: Strong interest from local farmers looking to expand operations and investors seeking long-term fundamentals.
  • Steady Rates: Mortgage interest rates have remained in a narrow range, offering no major shocks to the system.

While we see occasional “spike” sales—like a recent $22,000/acre sale in Lyon County—the broader market is expected to “chop sideways” until a fundamental shift occurs in supply or demand. Read more from Hertz Farm Management: https://www.hertz.ag/blog/detail/march-2026-wallaces-farmer-marketplace-extra

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