A farm real estate agent suggests farmland values compare favorably to the market peak that occurred almost a decade ago.
In fact, Austin Charlson with Land Proz says current prices might even be slightly better than before.
“At that time in the 2012 area there was a lot (of land) between the $9,000 to $11,000 range.”
Now, he tells Brownfield $10,000 to $12,000 per-acre seems to be the low end depending on factors like water outlets.