Nebraska’s average agricultural land value declined in 2025 for the first time in six years, falling 2 percent to $3,935 an acre, according to the final report from the University of Nebraska-Lincoln’s 2024-2025 Farm Real Estate Market Survey (https://cap.unl.edu/realestate/).
The decline comes as Nebraska crop producers face growing financial pressures. Following years of rising farm income, the land market is beginning to reflect recent realities like lower crop revenues, elevated production costs and higher interest rates, according to Jim Jansen, an agricultural economist with Nebraska Extension who coordinates the annual report.
“Crop producers are dealing with pressure on their margins,” said Jansen. “The combined effect of softer commodity markets and higher costs is being reflected in what people are willing to pay for different types of cropland.”
