The recently released USDA Land Values 2022 Summary report shows an overall 8.4% increase in average NC farmland value to $5,150 per acre. Cropland value increased 9.6% to $4,700 per acre and pastureland increased 7.2% to $5,200 hundred.

Increases were similar for neighboring Appalachian Region states with a regional average of 9.0%, but regional average ranged up to 15% for Corn Belt States and up to 20%. The top individual state increases were Kansas (25.2%), Iowa (21.4%), and Nebraska (21.0%). Farmland value per acre was most expensive in  Rhode Island ($17,500), New Jersey ($15,400), and Massachusetts ($15,200).

Specific information on farmland values in NC is also available

Here at NC FarmLink, we are committed to sharing information and resources to help keep our farmland as working farmland and helping farmers begin or expand their farm enterprises.  We also assist landowners in considering options for their land. Contact us or your local Extension Agent if you think we can help!