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Land Resources / News / National

The Most Expensive Farmland in the US

Source: Business Week, by Maya Roney
August 23, 2010
Rural land values are on the rise all over the nation, but prices remain highest where real estate in general costs the most

On average, U.S. farm real estate is worth about $1,900 per acre, according to the U.S. Agriculture Dept. But in the Northeast, farmland can sell for six times that amount—70% of the country’s most expensive farmland is located in this region, with Rhode Island topping the list (California, Virginia, and Florida also make an appearance in the top 10).

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