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03/04/13, 01:15 PM
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Join Date: Oct 2004
Location: New York
Posts: 298
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Price per acre
I was reading another thread that mentioned the price of marginal land in their area can be about $1000 an acre and it got me wondering...
How much is land in your area? obviously it depends on all kinds of things, but I'm talking just rough numbers, vacant land, are you talking about wooded land or open land and general area? just really curious to see the difference...
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03/04/13, 01:32 PM
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Join Date: Dec 2004
Location: MO
Posts: 4,505
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Quote:
Originally Posted by kwagner21
I was reading another thread that mentioned the price of marginal land in their area can be about $1000 an acre and it got me wondering...
How much is land in your area? obviously it depends on all kinds of things, but I'm talking just rough numbers, vacant land, are you talking about wooded land or open land and general area? just really curious to see the difference...
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Where my daughter is, west of Stockton, MO, you can find land for 2K an acre in quite a few areas. When she finds it for about 1K, she buys it 
Mon
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03/04/13, 01:36 PM
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Moderator
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Join Date: May 2002
Location: Ontario
Posts: 12,685
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Prime tile drained land in 50+ acre parcels no buildings........ $10-12k/acre Average farm land $8k/ acre. Treed fussy land $3k+ depends how fussy to make that $10k/acre land. Wetlands? Still a bargain at $500/acre, if it sells at all.
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03/04/13, 01:47 PM
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Join Date: Dec 2012
Location: Missouri
Posts: 259
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In southern Missouri there are pieces of land for under $1000 an acre, but they are rocky and hilly that is why I would call them marginal. Pretty as can be though and a great place to live. Good farm ground in Missouri is $2,000 an acre and up and up. Obviously the great farm ground on the Missouri and Mississippi river bottoms is priced high. Wooded land in northern Missouri is $1,500 and up. It would be cheaper if the hunting wasn't good, it attracts too many city slickers.
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03/04/13, 02:52 PM
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Murphy was an optimist ;)
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Join Date: Oct 2005
Location: Kentucky
Posts: 21,554
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There have been a couple of farms sold in my neighborhood in the last year or so... both brought right at $1000 per acre. Pretty good bottom land in smaller tracts.... one was 20 acres, the other was like 150 acres that was broken into 15 to 30 acre tracts, but wound up being sold all together. Both of these places had creek frontage and paved county road frontage, easy access and good potential building sites. (power, water, phone, high speed internet) Both farms were in production, (hay fields) not grown up with brush.
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03/04/13, 03:00 PM
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Join Date: Jul 2006
Location: Eastern North Carolina
Posts: 34,233
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I bought some cleared farmland about 4-5 years ago for $1650/acre and recently sold it for $2000/acre
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03/04/13, 03:08 PM
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Voice of Reason
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Join Date: Sep 2004
Location: Las Vegas, NV
Posts: 33,707
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You don't want to know what land costs in Las Vegas, but when I ran away to build my depression shelter in Elko, NV I went to that area because land is inexpensive. I'm talking under $500/acre for residential lots, some close to power. I bought my 2-acre property for $800, and power was next door. I had good luck, since I cherry picked my property from dozens that I bought and resold at eBay, but I still got it for that.
Most of these lots are within 10 miles of town and are zoned for light agricultural; horses, cows & sheep are okay. They are in platted subdivisions with dedicated street & utility easements. The water table is nothing short of trerrific, with most people in my neighborhood finding water at around 140 feet and 20 to 40 gpm.
If you want to learn more about why property can be so inexpensive in Elko County, just ask. I'll be happy to elaborate.
Last edited by Nevada; 03/04/13 at 10:37 PM.
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03/04/13, 04:17 PM
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Join Date: Dec 2009
Location: West Iowa
Posts: 267
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Mostly cropland around here, seems to be peaking around 10k an acre, crazy what happens in 10 years time.
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03/04/13, 04:19 PM
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Guest
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Join Date: Sep 2011
Posts: 2,864
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somewhere's around 1500 for marginal land...more for good pasture.
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03/04/13, 04:38 PM
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Join Date: Nov 2012
Location: polk co ar
Posts: 991
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cut over timber land is 1500 in small tracks larger tracks will be 1000. unless the buyer is from tx or calif then 2-3000. large tracks w/movitated sell 6-700/acre. actual sell price vs asking. just amazing how many will come in and pay asking.
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03/04/13, 06:14 PM
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Plotting My Escape
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Join Date: Nov 2011
Location: Williamsport, PA
Posts: 675
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::sigh:: it starts at $10k and acre here but the influx from Jersey and NY in the last 20 years has really driven prices up.
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03/04/13, 06:17 PM
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Join Date: Jan 2013
Posts: 59
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Raw, unimproved acreage: $5000-$10000 / acre in Indiana about an hour northwest of Cincinnati. It's often less expensive to buy improved acreage than unimproved. I know that defies all conventional wisdom, but that's the reality of the market out here.
QuietInTheLand
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03/04/13, 06:22 PM
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Join Date: Sep 2012
Location: West By God Virginnie
Posts: 10,742
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Where I bought in the foothills in WV it is around $800 - $1000 and up... I paid $1000\acre with a well, power, septic, house, root cellar, greenhouse, machine shed, log barn, and three other outbuildings... oh, and free gas and a cave.. about 4 acres or so tillable, another acre or two cleared, and the rest is wooded, and much of that is somewhat vertical.
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03/04/13, 07:00 PM
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Join Date: Dec 2006
Location: Ontario
Posts: 1,714
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There is a 10 acre piece of flat farmland with no buildings for sale near us for $279,999.00.
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03/04/13, 07:03 PM
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Join Date: Jan 2010
Location: Central IL
Posts: 1,700
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Prime farm land in my county is 6-10,000/acre. Marginal, high erosion/woods/crop land combination runs $4000ish/acre. Crazy.
I'm thankful for our 35 acres.
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03/04/13, 07:09 PM
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Join Date: Jan 2010
Location: Central IL
Posts: 1,700
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I was close. I just found this from last year (stats for IL overall):
"On July 1, 2012, farmland prices averaged $11,200 for excellent quality farmland, $9,200 for good quality farmland, $7,800 for average quality farmland, and $5,900 for fair quality farmland. A year ago the 2011 Mid-Year survey indicated the value of the best quality land surpassed $10,000 for the first time," McCabe explains.
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03/04/13, 10:06 PM
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Join Date: Jun 2002
Location: Missouri
Posts: 1,316
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There is 10 acres right next to us that is for sale. Rolling hills, wooded at one end, tobacco barn and has a water tap. Price is $90,000.
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03/04/13, 11:41 PM
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Banned
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Join Date: May 2011
Location: Central Florida
Posts: 2,524
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In central Florida, a 1 to 5 acre lot will cost you $15 - 25K / ac, but in 100+ acre settings, the price is about $4K/ac. Go up to Tallahassee area and the price drops by half but you get real winters up there.
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03/05/13, 01:19 AM
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Murphy was an optimist ;)
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Join Date: Oct 2005
Location: Kentucky
Posts: 21,554
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Quote:
Originally Posted by CesumPec
In central Florida, a 1 to 5 acre lot will cost you $15 - 25K / ac, but in 100+ acre settings, the price is about $4K/ac. Go up to Tallahassee area and the price drops by half but you get real winters up there.
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Real winter??? You mean with frost more than once a year?!? 
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"Nothing so needs reforming as other peoples habits." Mark Twain
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03/05/13, 06:54 AM
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Join Date: Mar 2007
Location: Central WI
Posts: 5,399
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3-4000 an acre for buildable land. Have seen decent farm land listed for 6500 an acre.
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