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Marion County Farmland Value Rises More Than 17% in a Year

Posted: Wednesday, December 12th, 2012 at 6:26 am
Author: KNIA/KRLS News-Aaron Gernes

Farmland in Marion County saw a 17.4% increase in value this past year according to the new Iowa farmland value survey. The average acre of farmland is worth nearly $6400 per acre, up from around $5400 in 2011. That increase is actually on low-end state wide – the average state acre increased around 23.7% to nearly $8300 per acre. O’Brien County has the most expensive land, averaging $12,900 per acre. This year’s average state number is a record high and the third consecutive year that land value has increased at least 15%.