NASS: NW Farm Real Estate Value Continues To Increase

According to the USDA, the average value for an acre of Farm Real Estate increased year over year.  According to NASS the average acre of Washington farmland was valued at $2,840 last year; an $80 increase from 2017 figures.  Farm land value has increased steadily across Washington every year dating back to 2014.

 

Oregon saw their farm real estate value increase in 2018 as well, coming in at $2,430.  The most expensive farm land in the U.S., that’s found in Rhode Island, at $15,200 an acre.  Connecticut comes in at #2, with New Jersey, Massachusetts, and Delaware round out the top five.

 

 

If you have a story idea for the Washington Ag Network, call (509) 547-1618, or e-mail [email protected]

Leave a Reply

Your email address will not be published. Required fields are marked *