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Over the last 20 years, the price of farmland per acre in kentucky has risen by an average of 5% per year to $5,450 per acre as of 2019. This represents an increase of $3,240 per acre of farmland over this time period. The values shown here only represent farmland appreciation.
Kentucky’s average land for sale cost is between $1,900 and $5,450 per acre. This figure marks a significant increase from the previous numbers, following the land value growth throughout the United States in the past years.
16 sie 2021 · Average Kentucky farm real estate values were $4,000/acre as reported in the annual Land Values Summary released by USDA on August 6. This was 2.0% higher than 2020 and the first-time average values have reached $4,000. Cropland values were $4,510/ac (2.5% above 2020) and pasture was valued at $3,080/ac (1.0% above 2020).
The United States cropland value averaged $5,050 per acre, an increase of $630 per acre (14.3 percent) from the previous year. The United States pasture value averaged $1,650 per acre, an increase of $170 per acre (11.5 percent) from 2021.
13 sie 2020 · Kentucky cropland value averaged $4,400/acre an increase of 2.3%, and pasture value was $3,060/acre, up 0.7% from 2019. Farmland values continue to show resilience in the face of weak commodity prices.
8 wrz 2023 · The average farm real estate value is the widely reported farmland value. This year the national average is $4,080/acre, an increase of 7.4% from 2022. State-level values are also reported. The complete Land Values 2023 Summary is available from the National Agricultural Statistics Service of USDA.
Land.com has around 300,000 acres of Kentucky farms, ranches and rural real estate for sale, totaling approximately $4 billion in overall value. Of the 120 counties in Kentucky, Pulaski County has the most ranches, farms, hunting land and other rural land and acreage for sale.
