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News

Nebraska Land Values 2019

July 17, 2019

If you’ve been thinking about buying land in Nebraska, you might want to take a look at this year’s Nebraska Farm Real Estate Report by the University of Nebraska-Lincoln Institute of Agriculture and Natural Resources.

The annual report, released recently, revealed that there was an average decrease in Nebraska land values for 2018. “The all-land average value in the state ending February 1, 2019 averaged about 3 percent lower than the year before,” the report said. This was the 5th consecutive year that land values saw a decline.

Several regions of the Cornhusker State saw the same 3 percent decline in values, while the eastern third and central regions saw a bigger decline, compared to the western two-thirds from the previous year.

Indeed, land values across the state have been declining over the past 5 years but with the commodity prices steadily increasing this summer, we might see an increase in activity in land transactions and maybe an increase in land values this fall and winter as well.

Nebraska Land Values
Image courtesy of University of Nebraska-Lincoln Institute of Agriculture and Natural Resources

Remember that with any price average, Nebraska land values can range significantly. Our Land Professionals are committed to helping you find land within your budget. Take a look at our Nebraska farmland listings to see what we offer.

About the Author
Ryan Schroeter, Broker for National Land Realty in Nebraska and Iowa, grew up on a farm in Northeastern Nebraska. His father and grandfather instilled his love and respect for the land and for the outdoors in him at a very young age. He has been an avid hunter and fisherman since he was able to carry his own gun and fishing pole. His outdoor passions include upland game, waterfowl, turkey, and big game. Ryan, his wife Brenda, and their two daughters live in a small rural community between the Elkhorn and Missouri River. He is a 1997 he graduate of the University of Nebraska - Kearney, Nebraska during this same year he received his real estate license. In 2003, Ryan obtained his broker's license. Ryan is an Accredited Land Consultant (ALC) through the Realtors Land Institute (RLI) being 1 of the 7 in Nebraska. His main focus is crop land and recreational properties in Nebraska and Iowa; throughout his years in real estate sales, he has sold row crop farms, recreational/hunting farms, ranches, acreages, development and transitional property. While at National Land Realty, Ryan has received numerous Top Producer awards. He is also a registered appraiser working under Steve Kroeger a Certified General Appraiser and is working on obtaining his Certified General Appraiser license. View Ryan's Listings and Reviews on NationalLand.com