Illinois farm real estate values continued their upward trend in 2026, marking the sixth straight year of gains. According to the latest USDA NASS Land Values Summary, Illinois reached an average of $9,250 per acre in 2026, a 3.6 percent increase over 2025. This steady growth aligns with broader Corn Belt movement, where LSB;s Midwest and neighboring states also posted moderate increases.
Midwest State Highlights
- Illinois: $9,250 per acre in 2026, up 3.6 percent from 2025; sixth consecutive annual increase
- Iowa: 3.2 percent increase; highest regional value at $10,100 per acre
- Indiana: 3.4 percent increase
- Missouri: 4.0 percent increase
- Ohio: 3.2 percent increase; second highest value at $9,650 per acre
Illinois previously held the top position in 2021, but stronger gains in Iowa and Ohio over the last five years have shifted regional rankings.
Full Report from: farmdoc daily, University of Illinois: https://farmdocdaily.illinois.edu/2026/08/illinois-farm-real-estate-values-increase-six-years-in-a-row.html
