UNL survey finds Nebraska ag land values are up 5%

For the fifth consecutive year, the average all-land value of agricultural land in Nebraska increased, reaching $4,015 per acre in the 12-month period ending Feb. 1, 2024, according to the final report from the University of Nebraska–Lincoln’s 2023-2024 Farm Real Estate Market Survey.

This marks a 5% increase over the prior year and is the highest non-inflation-adjusted statewide land value in the history of the survey. Based on 2024 market values, Nebraska's estimated total value of agricultural land and buildings rose to approximately $179.2 billion.

The survey’s final report was published J...