1/8/2024 0 Comments Woodland farms pine townshipIn some areas, other factors such as urban sprawl have helped to maintain or even bring up land values.īetween 20 the average annual growth in Wisconsin agricultural land value was 2.75%. Thus, limiting the supply of land on the market which helped support market values. ![]() Most could continue cropping or renting the land. The vast majority of landowners, even those forced to exit the dairy industry, were not forced to sell their land. Despite the difficult economic conditions and substantial losses in the number of dairy farms over the last few years, the land market has been supported by the ability of landowners to hold onto their property and limit the supply of land on the market. ![]() There are marked differences in sale prices across the state with some regions faring better than others. Average price of agricultural land sold in Wisconsin and the number of sales each year from 2010-2022 There were nearly 14% more acres sold and 7.5% more sales in 2021 compared to 2020. This is an 8.8% increase from 2021 and a 21.6% increase from 2020. ![]() The average price of agricultural land sold in Wisconsin between January and July 1 st, 2022, was $5,416 per acre (see figure 1). 2022 Mid-Year Report State-level overview
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