Michigan Land Values: Average Price per Acre (2026) › Michigan
Farm real estate in Michigan (land and buildings) averaged $7,000 per acre in 2026, up 2.9% from 2025. That is 56% above the U.S. average of $4,500. Cropland averaged $6,600 per acre and pasture $3,200.
Michigan ranks 14 of 48 states with USDA estimates for farm real estate value per acre (1 is the most expensive).
Michigan land values per acre by year
| Year | Farm real estate | Change | Cropland | Pasture |
|---|---|---|---|---|
| 2026 | $7,000 | +2.9% | $6,600 | $3,200 |
| 2025 | $6,800 | +7.8% | $6,350 | $3,100 |
| 2024 | $6,310 | +7.3% | $5,870 | $2,970 |
| 2023 | $5,880 | +7.5% | $5,420 | $2,850 |
| 2022 | $5,470 | +8.5% | $4,960 | $2,710 |
| 2021 | $5,040 | +5.4% | $4,470 | $2,610 |
| 2020 | $4,780 | −2.0% | $4,330 | $2,510 |
| 2019 | $4,880 | −1.6% | $4,430 | $2,550 |
| 2018 | $4,960 | +0.4% | $4,510 | $2,600 |
| 2017 | $4,940 | +0.8% | $4,580 | $2,620 |
| 2016 | $4,900 | −1.4% | $4,590 | $2,650 |
| 2015 | $4,970 | +5.1% | $4,620 | $2,720 |
| 2014 | $4,730 | +10.0% | $4,530 | $2,520 |
| 2013 | $4,300 | +10.5% | $4,120 | $2,420 |
| 2012 | $3,890 | +8.1% | $3,660 | $2,290 |
| 2011 | $3,600 | +3.2% | $3,370 | $2,340 |
| 2010 | $3,490 | $3,160 | $2,290 |
What is your Michigan land worth?
See cash rent per acre for every Michigan county
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Source: USDA National Agricultural Statistics Service, Quick Stats (agricultural land values). Figures are survey averages for a whole state or county. They are a starting point, not an appraisal or a quote for a specific property.