Social and Behavioral Sciences Commons^™

Nebraska Farm Real Estate Market Developments 2005-2006, Bruce B. Johnson, Ben Blomendahl, Kyle Overturf

Nebraska Farm Real Estate Reports

Nebraska’s agricultural land values rose an average of 9.6 percent during the year ending February 1, 2006. This brought the state’s average all-land value to over $1,000 per acre and the total worth of agricultural real estate to more than $45 billion.

In the wake of a series of generally favorable income years for most of the state’s agricultural sector, land values have advanced rather sharply over the past three years – particularly in the eastern third of the state. The three eastern districts have experienced value increases of 40 percent or more since February 2003.

In contrast to these …