Price Per Acre In Michigan 2024. The data in the average. The “usda farmland cash rental rates” document is a listing of cash rental rates by county dating from 2012 to the 2023 year.
The value of michigan cropland jumped 11.3% to $5,900 per acre from august 2022 to august 2023 — an increase of $600 per acre. How much is an acre of land?
Farmland Is Now Worth An Average Of $5,050 Per.
Michigan farm real estate values up 10.4 percent from 2021.
It Costs $216,780 On Average To Build A Home In Michigan.
While the farmland market has been robust in recent years, there are signs that price growth may ease in 2024.
In 2023, Farmland Prices Across.
Images References :
Sinking Grain Prices, Combined With So.
The data in the average.
Prepared By Purdue Faculty Members Michael R.
Now keep in mind, these are just ballpark figures.
Farm Real Estate Values In Michigan Are Up 10.4% From 2021, While Cropland Values Increased 12.8% From The Previous Year To $5,300 Per Acre.