Landwatch

November 2024 Recent Farmland Sales

Katie Micik Dehlinger
By  Katie Micik Dehlinger , Farm Business Editor
Per Acre Prices (Progressive Farmer)

ILLINOIS, Christian County. In early September, 972 acres of mostly tillable farmland sold at hybrid auction for $17.13 million, or an average of $17,623 per acre. Twelve tracts were grouped into three offerings. The first offering contained four tracts totaling 420 acres, which all sold for $18,900 per acre. The tract with the highest selling price was the only one with drainage tile, and its 70 acres sold for $21,200 per acre. On the low end, a 58-acre tract sold for $13,100 per acre. It is split by a railroad and is subject to a utility easement. Contact: Logan Frye, Field Level Agriculture; logan.frye@fieldlevelag.com, 217-619-6473; https://www.fieldlevelag.com/…

INDIANA, Wabash County. A 101-acre farm sold in an online auction for $1.35 million, or $13,366 per acre. This mostly level property contains 88 tillable acres with a Weighted Average Productivity Index of 158.2 and nearly 9 acres of woodland. Contact: Joe Halderman, Halderman Real Estate and Farm Management; joeh@halderman.com, 260-563-8888; https://www.halderman.com/…

KANSAS, Edwards County. A 310-acre wheat and milo farm sold in two tracts at a hybrid auction for $527,000, or an average of $1,700 per acre. There are 293 acres of cropland with a waterway running through a portion of the second tract, which sold for $400-per-acre less. The seller will retain the landowner's 1/3 share of the 2024 milo crop, but the buyer will receive the landowner's 1/3 share of the 2025 wheat crop that was planted this fall. Contact: Travis Weaver, Farm and Ranch Realty Inc.; frr@frrmail.com, 719-342-2997; https://www.farmandranchrealty.com/…

KENTUCKY, Muhlenberg County. Seven tracts of previously surface-mined land totaling 434 acres sold at auction for $609,098, an average of $1,403 per acre. Tracts ranged from 37.8 acres to 89.6 acres. The land's best use would be for hunting. There were three strip pit lakes on three of the tracts. Contact: Joseph Mills, Kurtz Auction and Realty Co.; jmills@kurtzauction.com, 800-264-1204; https://www.kurtzauction.com/…

MINNESOTA, Blue Earth County. A farm with 668 acres sold at hybrid auction for $7.58 million, or $11,347 per acre. All but one of the sale's six parcels were contiguous and ranged in size from 40 to 161 acres. The mostly flat fields are well-tiled with productivity indexes ranging from the upper-70s to mid-80s. Contact: Nick Meixell, Hertz Real Estate Services; NickM@hertz.ag, 507-246-0909; https://www.hertz.ag/…

NEBRASKA, Nance County. Nearly 312 acres sold in an online auction in two tracts for $1.575 million, or an average of $5,048 per acre. The first tract -- 160 acres with center-pivot irrigation -- sold for $6,425 per acre. Its 127 tillable acres border a creek, and the property includes a farmstead with a home, but it is not in livable condition. The second tract is 152 acres in total, with 38 acres in dryland crop production and the rest in pasture. It sold for $3,600 per acre. Contact: Mark Stock, Big Iron Realty; contact@bigironrealty.com, 402-276-2077; https://www.bigiron.com/…

SOUTH DAKOTA, Campbell County. An 80-acre farm set a new record for the county: $752,000, or $9,400 per acre. The farm's loam and silt loam soils boast a productivity index of 82. A tree line on the southside provides habitat for pheasants and wildlife. Contact: Kristen Gill, Gill Land Co.; kristen@glcland.com, 605-848-4502; https://www.glcland.com/…

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-- These sales figures are provided by the sources and may not be exact because of rounding.

-- Submit recent land sales to landwatch@dtn.com

-- Find previous Landwatch listings at https://www.dtnpf.com/…

-- Follow Katie on social platform X @KatieD_DTN

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