South Dakota is home to cattle, corn, and $435 million worth of dairy products, making it one of the Midwest’s most productive farmland regions. That range creates valuable opportunities for investors, lenders, and agriculture professionals.
According to the Growers Edge Farmland valuation index, farmland values in South Dakota declined 8.42% in Q4 of 2024 after peaking in Q4 of 2022. The recent dip reflects a decrease in demand in some areas, especially those with far from ideal infrastructure and productive yields.
Below is a breakdown of the top and bottom farmland values by county as of Q4 2024.
South Dakota Top 5 Counties
County Value / Acre, Q4 2024
- Lincoln County $18,115.71
- Minnehaha County $15,844.74
- Moody County $15,747.47
- Union County $12,602.95
- Hanson County $12,469.64
South Dakota Bottom 5 Counties
County Value / Acre, Q4 2024
- Custer County $4,806.96
- Harding County $4,911.32
- Todd County $5,033.17
- Ziebach County $5,244.22
- Butte County $5,367.32
Eastern counties continue to produce lucrative row crops, while the western regions offer lower entry points with long-term potential. As South Dakota farmland values shift, it’s best to understand how timing and regions impact investments.
With Farmland Intel’s land valuation tool, investors, lenders, and agricultural consultants can compare county-level values to make decisions backed by accurate data.
