2024 Land Market Update

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Sedgwick County Ag Trends Sedgwick County Ag Sales

In 2024, there was a slight decrease in the price per acre, but a rise in the number of acres sold. This trend reflects a shift in market dynamics, where buyers took advantage of lower prices to acquire larger parcels of land. Additionally, larger land transactions took place in 2024 compared to 2023, indicating increased investor confidence and demand for more substantial properties

Agricultural sales in Sedgwick County are projected to increase in 2025 following a slight dip over the past couple of years.

In 2025, expect a rise in acres sold as the expansion of the Wichita area continues to drive new development and outward growth.

Sedgwick County Development Site Sales

Sedgwick County Development Trends

In 2024, there was a notable rebound in development site sales, reflecting a renewed interest in expansion and growth This trend is expected to continue into 2025, especially as Wichita continues to grow and develop, with suburban areas like Park City, Maize, and Goddard seeing increased demand for land As these areas experience more residential and commercial growth, the demand for development sites is likely to remain strong throughout the year.

In 2025, demand for warehouses, distribution centers, and industrial parks in Sedgwick County is expected to grow, driven by e-commerce and supply chain needs. Land near key transportation routes, including I-35, I-135, US 54, US 400, the Kansas Turnpike, and the BNSF Railway, will remain highly sought after for these developments.

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2024 Land Market Update by naimartens - Issuu