With row crops in the east and pastureland in the west, North Dakota has one of the Midwest’s most productive farmland markets.
After peaking in Q2 in 2023, land values saw small growth through Q3 2024. However, values declined by 7.17% quarter-over-quarter in Q4, according to the Growers Edge farmland valuation index. Below are the North Dakota counties with the highest and lowest average farmland values per acre in Q4 of 2024.
Top 5 North Dakota Farmland Counties
County Value / Acre, Q4 2024
- Cass County $6,337.26
- Traill County $5,540.46
- Richland County $4,826.46
- Stutsman County $4,409.51
- Sargent County $4,401.53
Bottom 5 North Dakota Farmland Counties
County Value / Acre, Q4 2024
- Grant County $2,251.22
- McKenzie County $2,292.02
- Rolette County $2,367.09
- Stark County $2,399.27
- Ramsey County $2,403.43
Farmland values in North Dakota often reflect demand, weather conditions, and access to markets. Counties like Cass and Traill are strong because of their proximity to infrastructure and high yields. On the other hand, more remote counties show lower land values and slower growth.
Whether evaluating land for investment, lending, or market research, county trends in North Dakota show valuable opportunities. Use Farmland Intel’s valuation tool to find more data on farmland trends in North Dakota.