Saturday, May 2, 2015
Saline County Boasts Most Expensive Irrigated Farm Ground In Area
Farm ground is expensive.
Now the numbers are in to prove it.
New data compiled by the Lincoln Journal Star show that Saline County has the highest priced farm ground in the area.
Even though the average price of Nebraska farmland has slipped 3% after five years of steady growth, a University of Nebraska-Lincoln survey reports that the average price for Nebraska’s farm real estate was at $3,210 per acre as of Feb. 1.
The average acre in eastern Nebraska is worth $6,570.
The price of irrigated land is worth the most, of course.
When comparing the price of ag land in our immediate area, Saline County has the highest priced ground.
In Saline County, the average acre of irrigated farm ground is $6,792.
That compares to $5,900 in Lancaster, $5,677 in Seward, and $6,125 in Gage.
For dryland farm ground, the average price per acre in Saline County is $4,262. For grassland, it's $1,444.
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