White County, Indiana
2023 Land Sales Report
Overall, the average price of land increased slightly in White County from $12,178/acre in 2022 to $12,318/acre in 2023. The price per productivity index point also increased slightly from $82.04 in 2022 to $83.09 in 2023. After several years of significant increases in values, it appears prices are beginning to stabilize.
Did you know we offer Farm Management Services too? Call or text Craig Stevenson for more information at 574.870.4383.
Cass County, Indiana
2023 Land Sales Report
Overall, the average price of farmland was $10,743/acre and the price per productivity index point was 66.49 in 2023 based on the sales data. After several years of significant increases in Midwestern land values, it appears prices are beginning to stabilize into 2024
The data from across Northwest and West Central Indiana also shows properties sold by land brokers via auctions or listings consistently outperformed private party (individual to individual) transactions and properties sold by traditional home realtors by 10% or more. The agent you choose matters!
Are you thinking about selling or do you want a valuation of your property? Call or text Craig Stevenson for more information at 574.870.4383.
Miami County, Indiana
2023 Land Sales Report
Overall, the average price of farmland was $11,398/acre and the price per productivity index point was $78.44 in 2023 based on the sales data. After several years of significant increases in Midwestern land values, it appears prices are beginning to stabilize into 2024.
In 2024, we sold this 111.8 acre farm for $16,100 per acre. The price per productivity index point was $93.58. That far exceeds the average price per acre and average price per productivity index point. The agent you choose matters!
Are you thinking about selling or do you want a valuation of your property? Call or text Craig Stevenson for more information at 574.870.4383.
Carroll County, Indiana
2023 Land Sales Report
Overall, the average price of land increased in Carroll County from $11,343/acre in 2022 to $11,893/acre in 2023. The price per productivity index point also increased from $70.26 in 2022 to $74.00 in 2023. After several years of significant increases in values, prices rose in 2023 and appear to be starting to stabilize into 2024. While interest rates and commodity prices are not helping, strong demand from buyers and fewer farms for sale has kept land prices elevated.
The data from across Northwest and West Central Indiana also shows properties sold by land brokers via auctions or listings consistently outperform private party (individual to individual) transactions and properties sold by traditional home realtors by 10% or more on average
Are you thinking about selling or do you want a valuation of your property? Call, text or email Craig Stevenson at 574.870.4383 or craig@gfarmland.com.
Howard County, Indiana
2023 Land Sales Report
Overall, the average price of farmland was $12,012/acre and the price per productivity index point was 74.07 in 2023 based on the sales data. After several years of significant increases in Midwestern land values, it appears prices are beginning to stabilize into 2024.
The data from across Northwest and West Central Indiana also shows properties sold by land brokers via auctions or listings consistently outperformed private party (individual to individual) transactions and properties sold by traditional home realtors by 10% or more. The agent you choose matters!
Are you thinking about selling or do you want a valuation of your property? Call or text Craig Stevenson for more information at 574.870.4383.
Are you looking to buy or sell?
Since 1977, we have been connecting sellers and buyers of farm and recreational properties in Indiana. We are currently booking 2024 auctions and can be ready to list your property anytime. If you are thinking about selling your farm or recreational property, please call, text, or email me at any time if you would like more details.
Respectfully,
LOOK INSIDE FOR THE CENTRAL INDIANA LAND SALES REPORT A Better Selling Experience. Craig Stevenson Land Broker & Advisor • Co-Owner and Managing Broker • $37.5 Million in 2023 Land Sales • Military Veteran - 13 years in the Air Force • Purdue University - Bachelors in Accounting • Wichita State University - Masters in Accounting 574.870.4383 craig@gfarmland.com GFARMLAND.COM A better selling experience. Get to Know Craig 20,000+ Total number of acres sold from 2021-2023 $230+ Million Total team transaction value from 2021-2023
The Geswein Farm & Land Team is proud to present you with the 2023 Land Values Report for Central Indiana. While this report will provide you with good general information about land values, there are many factors that could increase or decrease the value of your specific property. If you need a more detailed valuation of your property or are thinking about selling, feel free to call, text, or email me at anytime!
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