what are y'all paying per acre where you live? Land is expensive!

[moloss]

since I just recently bought my small farm I was wondering what y'all are paying per acre......here in Madison county Alabama your doing well to get land for less than 10K an acre, normally you will pay 10-15K......land is getting so expensive normal working folks can't afford it......I just need to vent!

 

[roermo]

I sell real estate for a living and around North East Missouri if you buy 3-10 acres you will pay any where from 18 to 25,000 for the 3-5 per acres and 50 to 10 acres will run 18 to 30,000 depending on location.

Then if you are looking for 100 acres it will be 2,800 to 3,500 dollar per acre. But we are 100 miles from St. Louis and large market.


Move on up to North East Missouri we have loads of ground.

Roger

 

[ToadHill]

I paid about $350 per acre when I bought my 87 acres 25 years ago. In my area now I haven't seen a piece with 75 acres or more for less than $350,000.

 

[mjncad]

Try the Front Range of Colorado for sticker shock. In my gentrified neighborhood, a 1.8-acre lot sold this year for $110,000 and it used to have a working oil well on it! I wouldn't build a house on it for anything.

35-acre lots about 15-miles east of me and in the FAA 65 LDN noise corridor for Denver International Airport start at $250,000.

 

[RichM96067]

We looked at a new little subdivision a few days ago on a walk with our dog.
5 lots ranging from 2.6-2.9 acres priced at 330-380k. No water, no sewer, and no city snowplow in winter. Unbelievable.

 

[California]

Does this look like a million dollars?

It's ten acres. (600-plus ft square.) It just sold at $100,000 per acre. It adjoins an existing vineyard.
Land-preservation zoning allows one house and prohibits subdividing. Rezoning is impossible in this, the 'greenest' county in the US, so far as I know.

View attachment 81832

I drive in that shared easement, and was astonished one day to find the traditional apple orchard on this parcel had been ripped out and shredded into those mounds in the background.

A winery from the Central Coast bought it to grow grapes in the Sonoma County - Russian River domain. It's a business venture and that's what they were willing to pay. I've seen that much paid for view parcels nearby but not simply ag land.

 

[praha]

60 x 150 lot is about 250 000 next town, here , an acre about a milion dollars, 20 miles west in a mixed , nice neighbohood, 80 000per acre
500 000 house on a small parcel is being replaced with a one and half milion house ....on a small parcel like 50 feet wide............Chicago west suburbs.

I was shocked last year to see a new, beautiful houses in Houston suburbs for 180 000.
Taxes are accordingly, 5000 is low, 10 000 is OK for many, and then 25000 and higher is obviously acceptable for many in "hot" towns.
it started coming down a little, but it will never come down a lot, I think. US population doubled between 1950 and 2000....
Joe

 

[volunteer]

Just paid $5,800 per acre in middle TN for 17 acres. Just saw an ad for $1,500 an acre for really rough, rocky acreage.

 

[moloss]

at the rate prices are going up we will be the last generation who can afford to be hobby farmers (just barely).....but as my grandfather used to say "the thing about land is they aren't making anymore of it".

 

[dooleysm]

We bought 10 acres of pasture land 3 years ago for $2500/acre in rural southern Indiana. My folks bought 30 acres of recently logged woods adjoining our land for $1100/acre. I wish I could have afforded more because I think we could have bought all we wanted at $2500/acre.