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.
Compeer Financial Appraisal team’s recent land sales transactions report features our Midwest reporting states of Illinois, Minnesota, and Wisconsin. Find details to each featured sale in the links below.
The excellence and value we’ve come to know from Whitaker Marketing Group Auctions and Real Estate for reporting our Iowa’s farmland values now extends to Minnesota, bringing the same level of distinction with their expansion into our Midwest reporting state. Minnesota Farmland Values in 2025: Steady Growth Amid Lower Sales Volume – In 2025, Minnesota’s farmland values held firm, recording a 1.06% increase to just over $8,054 per acre. Despite this steady growth, the market saw fewer acres offered for sale, resulting in a significant decrease in overall sales volume by nearly 26%. This shift reflects a quieter market, not a weaker one. Find their full comprehensive analysis: Minnesota Farmland Prices: 2024 vs 2025 Market Update
Premium farmland in our Midwest reporting state of Minnesota continues to defy low commodity price pressure, according to this recent Farm Progress report. “Buyer demand for A-grade, quality land has shown incredible resilience. In the past month, there have been numerous sales in the $12,000 to $15,000-plus-per-tillable-acre price range for choice tracts.” Read more: Minnesota farmland values still strong for quality land
This holiday season, consider starting a cherished family tradition by visiting local tree farms to cut down your Christmas tree. The experience not only fosters family bonding and fun but also supports local economies in our Midwest. Engaging in activities at these farms promotes community spirit and offers a special way to celebrate the season! Click the image below and check out our Midwest Christmas Tree Farm Resource for links to tree farms across our 10 Midwest states, and discover the joys of fresh pine and family fun!
Despite current agricultural market uncertainties, Minnesota farmland sales are holding strong. Farm Progress shares more on the market and details land sales from our Midwest reporting state of Minnesota – http://bit.ly/3J71rMV
Compeer Financial‘s latest Land Sales Highlights shares 3 land sales helping to tell the story of today’s ag economy from our Midwest reporting states of Illinois, Minnesota and Wisconsin. Make sure to learn more on each land sales in the links below.
Hertz Farm Management latest farmland market update with Doug Hensley, President of Hertz Real Estate Services, shares timely updates on our Midwest farmland. Learn about the driving factors influencing the market and farmland values. Key sales from our Midwest reporting states of Illinois, Iowa, and Minnesota are highlighted. Tune in here for all the details – https://bit.ly/3KRMLS4