Land Sales Bulletin

Are Farmland Values Leveling off Nationwide

accountMktgLSB | calendar-monthFebruary 11, 2026

Farmland values across the Midwest are holding historically strong, even as the market shifts into a more balanced, disciplined phase. According to Farm Progress, our Midwest reporting states from Illinois, Iowa, Minnesota, the Dakotas are seeing values stabilize near record highs, with buyers becoming more selective and quality-driven.
“Midwest farmland values remain historically strong heading into 2026” has been an encouraging and consistent headline. Our data reinforces this message: the market isn’t falling—it’s normalizing, with long‑term confidence and limited supply keeping values elevated. Read more from Farm Progress – Farmland values hold steady, reflect shift toward balanced market

More Than 2,400 Acres of Illinois Farmland Head to Auction in February 2026

accountMktgLSB | calendar-monthJanuary 29, 2026

Our Midwest reporting state of Illinois is gearing up for a busy February, with more than 2,400 acres of farmland scheduled for auction across 11 counties. The listings range from small 28‑acre tracts to a major 600‑acre Centennial Farm offering in Christian County, reflecting a diverse mix of high‑productivity cropland, recreational parcels, and homestead‑plus‑farmland combinations. Our trusted land sales data can help demonstrate patterns emerging in Illinois’ land sales and throughout the Midwest. Find key auction highlights and more from Successful Farming: More Than 2,400 Acres of Illinois Farmland Head to Auction in February 2026

Midwest Farmland Surveys Report Minor Price Changes – Hertz Farm Management

accountMktgLSB | calendar-monthJanuary 28, 2026

Recent Hertz blog post titled “Midwest Farmland Surveys Report Minor Price Changes” reports that our Midwest reporting states’ farmland values are currently experiencing a “sideways trend” as of early 2026. Find key findings covering the 7th, 9th, and 10th Federal Reporting Districts. Key highlights for our reporting states include:

  • Chicago Federal Reserve District: Reported a 3% average gain in land values compared to 2024, with values remaining unchanged between the second and third quarters of 2025.
  • Illinois and Iowa: Northern Illinois saw a 4% year-over-year gain for “good” farmland, while Iowa’s average for similar land fell by 1%.
  • Iowa State University Survey: Affirmed the trend with a reported slight 0.7% average increase in farmland values across the state.
  • Nebraska: Values declined by 2% in 2025, though this follows three consecutive years of increases and a record-setting price peak in 2024.
https://www.hertz.ag/blog/detail/midwest-farmland-surveys-report-minor-price-changes

Why “Sub‑Prime” Effingham County Farmland Is Selling for $20,000+ per Acre

accountMktgLSB | calendar-monthJanuary 13, 2026

Recent land sales in eastern Effingham County, Illinois, have quietly topped $20,000 per acre, despite soil productivity indexes (PI 100–110) that wouldn’t normally command such premiums. The story isn’t about the dirt — it’s about the people, livestock economics, and micro‑market dynamics shaping this unique region. Learn more about the three forces driving these eye‑popping prices – Why Effingham County farmland has topped $20,000 per acre

More Than 2,900 Acres of Midwest Illinois Farmland Head to Auction in January

accountMktgLSB | calendar-monthJanuary 6, 2026

Our Midwest reporting state of Illinois is kicking off 2026 with a busy land market: 2,700+ acres across 15 counties are headed to auction this month. Pike, Adams, and Whiteside counties highlight a mix of high‑quality cropland, recreational tracts, and investor‑friendly parcels. USDA reports Illinois farmland values up 2.6% year‑over‑year, showing continued strength in the market. Find details on the farmland expected to change hands across 15 counties in our Midwest state of Illinois –https://www.agriculture.com/more-than-2-700-acres-of-illinois-farmland-head-to-auction-in-january-11878877

Illinois farmland prices recalibrate: What sellers need to know

accountMktgLSB | calendar-monthDecember 16, 2025

Illinois farmland prices for Midwest reporting state, fell by 4.5% in November 2025, driven by fewer sales and cautious farmer sentiment. However, the market isn’t entirely cooling. Institutional buyers—such as investment funds and pension groups—are emerging as new players, showing confidence in farmland’s long-term value. Read more from Farm Progress – https://bit.ly/4aZtNUu

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