How Much Does an Acre of Land Cost?

If you want to invest in real estate, specifically a parcel of land, there are prior considerations you should take concerning your budget and the knowledge of the cost per acre.

Farm land by Gane, on Flickr
Farm land” (CC BY-SA 2.0) by Gane

How much is an acre?

The prices below are acreage prices by state.  Remember, this is an average.  This is based on farmland only via a USDA land value report.  Take this information with a grain of salt because you will find that all land spread across the United States within these states will vary a lot.

StatePrice Avg per Acre
Alabama
$2,000
Alaska
$2,300
Arizona
$3,700
Arkansas
$2,700
California
$7,000
Colorado
$1,200
Connecticut
$12,000
Delaware
$8,000
Florida
$5,000
Georgia
$3,800
Hawaii
$15,000
Idaho
$2,000
Illinois
$5,800
Indiana
$4,900
Iowa
$5,700
Kansas
$1,300
Kentucky
$3,000
Louisiana
$2,300
Maine
$2,200
Maryland
7,900
Massachusetts
$11,000
Michigan
$4,000
Minnesota
$4,000
Mississippi
$2,700
Missouri
$2,700
Montana
$800
Nebraska
$1,800
Nevada
$1,000
New Hampshire
$4,800
New Jersey
$13,000
New Mexico
$600
New York
$13,000
North Carolina
$4,600
North Dakota
$900
Ohio
$4,500
Oklahoma
$1,400
Oregon
$2,000
Pennsylvania
$5,000
Rhode Island
$13,000
South Carolina
$3,000
South Dakota
$1,200
Tennessee
$3,800
Texas
$1,800
Utah
$1,900
Vermont
$2,800
Virginia
$4,500
Washington
$2,100
West Virginia
$2,800
Wisconsin
$4,100
Wyoming$600

The USDA created a report showing us the average farm related value per acre.  This information is from 2011-2016.

Factors that affect the price:

What is going to be included?

What are the extra costs?

Tips to know

How can I save money?


Null

Average Reported Cost: $35000

100 %
0 %
Less Expensive $1 $1.5K $3K $5K $6.5K More Expensive $8k

How much did you spend?

Was it worth it?  

  1. Jenny (Garland,  Maine) paid $ and said:

    I inherited just under 33 acres where Campbell Rd and Day Rd intersect in Garland, ME. It is actually on Day Rd. Trying to figure out the value of the property.

    Was it worth it? Yes

  2. tom (South shore ,  Kentucky) paid $180000 and said:

    home purchase

    Was it worth it? Yes

  3. Herman (Farmville,  Virginia) paid $ and said:

    Purchased 10 aces in Cumberland va. With small pond and house with 685 sq feet.

    Was it worth it.

    Was it worth it? Yes

  4. Vermillion (Tonica,  Illinois) paid $ and said:

    1/2 mile of river frontage included

    Was it worth it? Yes

  5. sharon (porter,  Maine) paid $30000 and said:

    no road frontage,right a way driveway,wetlands each side

    Was it worth it? Yes

  6. Louella Williams (Gresham,  South Carolina) paid $ and said:

    3000

    Was it worth it? Yes

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