GITNUX MARKETDATA REPORT 2024

Statistics About The Average Price For An Acre Of Land

The average price for an acre of land is highly variable depending on factors such as location, land type, and market conditions.

With sources from: bloomberg.com, farms.com, fcc-fac.ca, farmersjournal.ie and many more

Statistic 1

Average cost of an acre of land in the US is between $1,000 and $13,000.

Statistic 2

In 2020, the average price for an irrigated acre of farmland was $6,700 in the US.

Statistic 3

The price for an acre of farmland averages at $2,140 in Saskatchewan, Canada.

Statistic 4

Average cost of an acre of land in Texas is $7,296.

Statistic 5

The cost of an acre in New York is around $2,600.

Statistic 6

In 2020, the average price for an acre of cropland was $4,100 in the US.

Statistic 7

The average price per acre for agricultural land in Ireland is €9,072.

Statistic 8

The average cost of an acre of land in Florida is $6,700 in 2021.

Statistic 9

The price of an acre of residential land in Arizona averages around $4,450.

Statistic 10

In Michigan, the average cost of an acre of land is around $5,000.

Statistic 11

The average price per acre for agricultural land in Alberta, Canada is $2,030.

Statistic 12

The cost of an acre of agricultural land in Maharashtra, India, is ₹200,000.

Statistic 13

In California, the average cost of agricultural land was $10,000 per acre in 2021.

Statistic 14

The average price per acre of agricultural land in Victoria, Australia, is AUD 2,214.

Statistic 15

The average cost of an acre of farmland in New Zealand is around NZD 21,970.

Statistic 16

The average cost of an acre of land in Colorado is $7,600.

Statistic 17

The average cost for an acre of farmland in Georgia is $3,400.

Statistic 18

The average price per acre of farmland in Russia is around $233.

Statistic 19

The average price per acre of farmland in Illinois is $7,200.

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In this post, we will explore a diverse range of statistics regarding the average price for an acre of land across various regions worldwide. From the cost of agricultural land in the United States and Canada to residential land in Arizona and farmland in Russia, these figures provide valuable insights into the varied economic landscapes of different regions. Let’s dive into the numbers and uncover the disparities in land prices across the globe.

Statistic 1

"Average cost of an acre of land in the US is between $1,000 and $13,000."

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Statistic 2

"In 2020, the average price for an irrigated acre of farmland was $6,700 in the US."

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Statistic 3

"The price for an acre of farmland averages at $2,140 in Saskatchewan, Canada."

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Statistic 4

"Average cost of an acre of land in Texas is $7,296."

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Statistic 5

"The cost of an acre in New York is around $2,600."

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Statistic 6

"In 2020, the average price for an acre of cropland was $4,100 in the US."

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Statistic 7

"The average price per acre for agricultural land in Ireland is €9,072."

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Statistic 8

"The average cost of an acre of land in Florida is $6,700 in 2021."

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Statistic 9

"The price of an acre of residential land in Arizona averages around $4,450."

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Statistic 10

"In Michigan, the average cost of an acre of land is around $5,000."

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Statistic 11

"The average price per acre for agricultural land in Alberta, Canada is $2,030."

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Statistic 12

"The cost of an acre of agricultural land in Maharashtra, India, is ₹200,000."

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Statistic 13

"In California, the average cost of agricultural land was $10,000 per acre in 2021."

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Statistic 14

"The average price per acre of agricultural land in Victoria, Australia, is AUD 2,214."

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Statistic 15

"The average cost of an acre of farmland in New Zealand is around NZD 21,970."

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Statistic 16

"The average cost of an acre of land in Colorado is $7,600."

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Statistic 17

"The average cost for an acre of farmland in Georgia is $3,400."

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Statistic 18

"The average price per acre of farmland in Russia is around $233."

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Statistic 19

"The average price per acre of farmland in Illinois is $7,200."

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Interpretation

In conclusion, the statistics reveal a wide range of average prices for an acre of land across different regions and types of land use. The values vary significantly, from as low as $233 per acre in Russia to as high as $200,000 per acre in Maharashtra, India. Land prices are influenced by various factors such as location, land quality, and economic conditions, leading to the diverse range of costs observed. These statistics underscore the importance of considering local and regional trends when evaluating the cost of land for agricultural, residential, or commercial purposes.

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