Agricultural Land Sees Price Gains But Could Still Yield Investor Gains
Residential real estate has been seeing record price gains for a while now, making it ever trickier for investors to find good deals for rental properties or flipping. Agricultural land also is in demand, seeing value increases not experienced for at least a decade, but still slower than its city-land cousins. In its Land Values 2021 Summary released in August, the U.S. Department of Agriculture says the farm real estate value now average $3,380 per acre, up 7.0%, or $220 per acre from 2020.
