Property values in Nebraska rise by 5%, cash rents fall

July 17, 2024

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Reports from the UNL Center for Ag Profitability

Farmland values in Nebraska rose 2 to 7 percent this year, with the eastern region, which includes Hamilton County, seeing the highest land values at an average of $9,730 per acre. The figures come from an annual survey of Nebraska farmland values conducted by UNL’s Center for Agricultural Profitability.

Farmland values in Nebraska rose 2 to 7 percent this year, with the eastern region, which includes Hamilton County, seeing the highest land values at an average of $9,730 per acre. The figures come from an annual survey of Nebraska farmland values conducted by UNL’s Center for Agricultural Profitability.

According to the University of Nebraska–Lincoln’s 2023-2024 Farm Real Estate Market Survey final report, the average total value of farmland in Nebraska increased for the fifth consecutive year, reaching $4,015 per acre for the 12-month period ending February 1, 2024. This represents a 5 percent increase over the previous year and is the highest non-inflation-adjusted land value in the entire state…

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