The Corn Belt region registered the highest farmland values as the land was sold at almost $6,500 per acre.ĭepending on the age of the timber, the costs for land with timber may vary. The average price per acre in the United States, in 2020 was $3,100. But, there are also areas with no timber or structures where the costs are even lower, at almost $2,100 to $5,100 per acre. According to Msn.com, in New Jersey, you will pay around $200,000 per acre of land, which is the highest average price.įor example, farmland costs anywhere between $12,500 and $16,500 per acre. If you don’t know exactly where you want to purchase the land it would be very hard to get an estimate. You pay anywhere from just a few dollars to a few million dollars for an acre of land. The key with real estate is geographical location. The first step a buyer takes in acquiring land is to choose an area that is compatible with his or her financial means. Land – an inexhaustible resource that offers many opportunities to anyone, regardless of the purpose for which they buy it: for personal use, for financial gains and the gains of his family, or for the development of a business.
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