HONEY CREEK, Iowa (RFD News) — American farmland sales are holding steady, but the market is beginning to show signs of a shift.
Real estate advisor Colton Lacina with Farmers National Company said limited supply and continued demand have helped keep land values stable.
“Land values have been holding really resilient. Supply has been down. I would say over the last three years, we’ve been holding pretty consistently at 20% off of what we would consider an average supply line, and demand has held right in there and hung strong, which has kept prices very stable.”
Lacina said there are signs that more land could soon enter the market as the industry’s main sales season approaches.
“We’re starting to prepare for what is our sales season, which is you know the end of August, September, October, November, and the pipeline is starting to fill up and fill up rather quickly. I do anticipate we’re going to see probably closer to back to an average supply going into the ’26 sale season.”
While localized factors often drive land sales, Lacina said early-season sales have been strong so far.
