Indiana is among the Midwest’s most sought-after regions for farmland. That’s primarily because of its productive soil that produces its top cash crops: corn and soybeans. As a result, Indiana’s farmland values serve as an insight into the health of the market and agricultural trends across the region.
As of June 2024, Indiana was seeing record-high land values (though many of the gains reportedly happened in the latter part of 2023). Values peaked in Q3 and fell 5.3 percent in Q4.
Here’s a look at the top and bottom five IN counties by current per-acre land value.
Top 5 Counties For Indiana Farmland
County Value / Acre, Q4 2024
- Hamilton County $18,327.17
- Tipton County $17,701.26
- Whitley County $16,377.09
- Hancock County $16,069.66
- Adams County $15,855.85
Bottom 5 Counties For Indiana
County Value / Acre, Q4 2024
- Perry County $6,658.32
- Scott County $6,669.31
- Harrison County $7,188.64
- Crawford County $7,261.55
- Lawrence County $8,215.81
Indiana remains at the forefront of offering strong opportunities for farmland investments. But like most of the Midwest, price growth has started to stabilize. Data like what’s provided above, or what you’ll find in our farmland valuation tool, is key to understanding where land values are steady and where declines may continue.
To stay up to date on farmland trends in Indiana, get our customized reports on Indiana farmland values.
