Nov 9, 2026 by INFB Marketing
Indiana farmland prices remained relatively stable in 2026, according to the latest Purdue Farmland Values and Cash Rent Survey results. The Purdue University Department of Agricultural Economics conducts the survey in cooperation with numerous professionals knowledgeable about Indiana’s farmland market. These professionals estimate the market value for unimproved poor-, average- and top-quality farmland in December 2025 and June 2026 and provide a forecast for December 2026.
The average price of top-quality farmland reached $14,909 per acre, a 0.6% increase from June 2025. Average-quality farmland declined 1.1% to $12,121 per acre, while poor-quality farmland fell 3.1% to $9,460 per acre. Farmland values varied considerably across Indiana’s regions and quality grades, with some areas experiencing increases while others declined.
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