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Want to Buy a Farm? Here's Where Prices Are Rising and Falling
Ready to quit the city, buy a farm and live out your rural fantasy? Bargains can be found in South Dakota, but you better move quickly in California, which is getting pricey.Average farmland values nationwide have risen 2.3 percent to $3,080 an acre so far in 2017, according to an annual report released Thursday by the U.S. Department of Agriculture. That gain, which erases last year’s decline of $10 an acre, is mostly due to increases in the value of buildings and land put into non-agricultural uses.
State-by-state, however, the picture is varied.
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