October 2024 Land Market Update – Strong Demand, Location Matters!

🌾 October 2024 Farmland Market Update 🌾

The land market remains strong as we enter the final quarter of 2024, with clear trends continuing to shape pricing and demand. 📈 One thing is certain: location plays a major role in land values, with certain regions showing particularly high levels of activity.

Over the past two months, we’ve seen a solid uptick in auction activity—a promising trend as we head into the end of the year. This boost in demand reflects strong interest from both buyers and investors, with momentum building across a variety of land types, from prime agricultural plots to rural real estate opportunities.

As always, land values vary significantly based on location, so staying informed on regional trends is essential. Overall, the outlook for the land market remains positive, and we’re optimistic about continued growth as we move into the last few months of the year.

For a detailed breakdown of regional pricing and auction activity, check out the graphs below. 👇

David & Ann Whitaker | Iowa Land Guy When you think of Farmland Think of US!