Minnesota Land Values: Average Price per Acre (2026) › Minnesota
Farm real estate in Minnesota (land and buildings) averaged $6,950 per acre in 2026, up 2.4% from 2025. That is 54% above the U.S. average of $4,500. Cropland averaged $7,300 per acre and pasture $2,400.
Minnesota ranks 15 of 48 states with USDA estimates for farm real estate value per acre (1 is the most expensive).
Minnesota land values per acre by year
| Year | Farm real estate | Change | Cropland | Pasture |
|---|---|---|---|---|
| 2026 | $6,950 | +2.4% | $7,300 | $2,400 |
| 2025 | $6,790 | +5.3% | $7,000 | $2,300 |
| 2024 | $6,450 | +5.6% | $6,540 | $2,210 |
| 2023 | $6,110 | +5.7% | $6,310 | $1,940 |
| 2022 | $5,780 | +15.6% | $5,830 | $1,890 |
| 2021 | $5,000 | +6.6% | $5,030 | $1,750 |
| 2020 | $4,690 | −1.7% | $4,650 | $1,650 |
| 2019 | $4,770 | −1.6% | $4,740 | $1,700 |
| 2018 | $4,850 | −0.4% | $4,950 | $1,750 |
| 2017 | $4,870 | +1.7% | $4,920 | $1,740 |
| 2016 | $4,790 | +0.6% | $4,840 | $1,680 |
| 2015 | $4,760 | −0.4% | $4,860 | $1,720 |
| 2014 | $4,780 | +11.2% | $4,900 | $1,610 |
| 2013 | $4,300 | +15.0% | $4,390 | $1,580 |
| 2012 | $3,740 | +18.4% | $3,740 | $1,390 |
| 2011 | $3,160 | +10.1% | $3,070 | $1,320 |
| 2010 | $2,870 | $2,710 | $1,340 |
What is your Minnesota land worth?
See cash rent per acre for every Minnesota 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.