By Ben Faber
The United States farm real estate value, a measurement of the value of all land and buildings on farms, averaged $3,380 per acre for 2021, up $220 per acre (7.0 percent) from 2020.
The United States cropland value averaged $4,420 per acre, an increase of $320 per acre (7.8 percent) from the previous year. The United States pasture value averaged $1,480 per acre, an increase of $80 per acre (5.7 percent) from 2020.
Farm real estate average value per acre was still highest in California, at $10,900. The mountain region, among them Montana, Nevada and Wyoming, was among the lowest. No wonder it is so hard to start a farm in California, much less in the coastal counties where land prices are even higher.
Source : ucanr.edu