Jay County Farmland Info

Average Jay County Farmland Value

The average farmland value per acre in Jay County, Indiana in Q4 2024 was $15,246. There are multiple factors that contribute to the volatility of farmland values. A partial list of factors include:

• Soil quality. The quality of a land’s soil is fundamental to its value, affecting everything from productivity to crop yield to sustainability.
• Commodity price fluctuations. Shifts in the prices of crops or livestock can add to or detract from a land’s value.
• Interest rates. High interest rates can reduce demand for land driving prices down, while lower interest rates can boost demand for land and drive prices up.
• Environmental factors. Climate driven events such as drought, flooding, and extreme weather can dramatically impact farm productivity and ultimately, a land’s value.
• Farmland income. Higher farmland income can lead to higher demand for land, driving prices up in the market.
• Local Factors. Neighbors can have a dramatic impact on farmland value
• Alternative Investment Opportunities. The appeal of farmland to non-farming investors fluctuates with global trends.

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