USDA Land Values 2020 | Indiana Farmland Focus
By Shelley Swearingen & Johnny Klemme | August 10, 2020
Last week, the USDA released its annual land value report. We reviewed it and hand-picked the most pertinent data for Hoosiers and Indiana farmland owners. Many non-operating landowners (NOLs) request land values and price per acre reports from our team regularly, and we are always happy to provide no obligation land values reports to those that request them. If you’d like to read the USDA land value report in its entirety, the link to the document can be found at the bottom of the page.
Agricultural Real Estate value has held steady for the past several years.
Over the past 14 years, we see a slow and steady increase in overall price per acre of farm real estate.
Indiana has some of the highest value farmland in the country. This is attributed to our excellent soil quality and climate amicable to crop growth. Low inventory and strong buyer demand also support strong land values.
By the numbers...
Farmland as an Asset Class
Land investors (individual and institutional) as well as crowd-source buyers (crowd funded farmland investors) of farmland recognize that farmland assets are more than just means to diversification of investment portfolios. Rather, farmland assets are a strong hedge against inflation and also enhance the adjusted returns of stocks and bonds.
Whether you are considering a 1031 exchange or anticipate a 5 year holding period or more, farmland is now one of the most sought after investments in real estate.
At Geswein Farm and Land, our full-time team of land agents stay up to date on land values and the latest trends in agriculture to assist seller and buyers of farmland in Indiana. By keeping abreast of the latest data, we can accurately advise farmers, producers, ranchers, foresters, and landowners on the price range and per acre valuation. To find out how much your land is worth and how it compares to these values, contact #yourlandman – Johnny Klemme at (765) 427 -1619 or johnny@edgeswein.com.
USDA Land Values 2020 Summaryhttps://downloads.usda.library.cornell.edu/usda-esmis/files/pn89d6567/js957404w/hq37w9890/land0820.pdf
Information has been gathered from sources deemed reliable but not guaranteed and is subject to change without notice. The information contained in this site is provided for informational purposes only, and should not be construed as advice on any subject matter. You should not act or refrain from acting on the basis of any content included in this site without seeking legal or other professional advice.
