"Farm land values are interesting from an historical point of view. Unfortunately, the only good source, back issues of Farm Real Estate Market Developments, is not usually available. The following tables should help remedy this lack of information."--First page.Robert J. Bevins (Department of Agricultural Economics, College of Agriculture)Revised 9/85/6

Bevins, Robert J.

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University of Missouri: MOspace

Some Farm Land Value Statistics Robert J. Bevins Department of Agricultural Economics College of Agriculture Farm land values are interesting from an historical point of view. Unfortunately, the only good source, back issues of Farm Real Estate Market Developments, is not usually available. The following tables should help remedy this lack of information. If you are interested in current information, write to Economic Research Service, USDA, Washington, D. C. 20250. Farm Real Estate Market Developments may be ordered from Superintendent of Documents, U.S. Government Printing Office, Washington, D. C. 20402. Table 1. Index of Average Farm Real Estate Value* (Land and Buildings) Per Acre (48 Contiguous States, Missouri, and States Bordering Missouri, 1912-1985**) 1967= 100 48 Year States Mo. Iowa Ill. Ky. Tenn. Ark. Okla. Kan. Neb. 1912 22 30 30 25 16 16 12 17 28 35 1913 23 31 31 26 16 16 12 18 28 35 1914 24 32 32 27 17 17 12 18 28 36 1915 24 31 35 27 16 16 11 17 29 36 1916 25 33 39 27 18 18 13 18 30 37 1917 27 35 41 29 21 20 16 20 32 39 1918 30 39 45 31 24 24 18 23 34 45 1919 33 42 50 34 28 27 20 25 37 51 1920 40 51 66 42 32 33 27 29 42 63 1921 37 48 61 40 28 28 22 28 42 59 1922 32 41 50 33 24 25 21 25 36 51 1923 31 39 48 32 24 26 20 23 35 49 1924 30 36 44 30 23 24 19 22 33 45 1925 29 35 42 30 23 22 19 23 32 44 1926 29 32 40 29 23 22 18 23 31 43 1927 28 31 37 26 22 21 18 23 32 42 1928 27 30 36 25 21 21 18 23 31 41 1929 27 29 36 25 21 20 17 22 31 41 1930 26 28 35 24 21 20 17 22 31 40 1931 24 25 30 21 19 19 14 21 29 37 1932 20 21 25 17 16 16 12 17 25 32 1933 16 17 18 14 13 13 10 13 20 25 1934 17 18 20 15 13 14 10 15 20 25 1935 18 18 21 16 14 15 11 15 21 25 1936 18 18 22 17 14 16 11 16 21 26 1937 19 19 23 18 16 16 11 16 22 25 404 Archive versin - check for updatesTable 1 continued. 48 Year States Mo. Iowa Ill. Ky. Tenn. Ark. Okla. Kan. Neb. 1938 19 18 23 19 17 17 12 17 22 24 1939 19 18 23 19 17 17 11 17 21 23 1940 19 18 23 20 18 18 11 16 20· 21 1941 19 19 23 20 18 19 12 17 20 19 1942 21 20 25 23 21 20 13 18 21 21 1943 23 23 27 24 24 23 15 20 24 23 1944 26 25 31 27 27 26 17 21 27 27 1945 29 28 33 29 30 29 20 23 31 30 1946 32 32 37 32 35 35 21 27 34 34 1947 36 35 41 37 42 40 25 30 39 38 1948 39 36 46 39 42 42 28 33 46 45 1949 41 38 48 41 45 44 31 37 48 49 1950 40 38 49 42 44 43 30 36 47 46 1951 46 45 56 50 50 48 36 42 53 53 1952 51 50 60 54 56 52 39 46 58 59 1953 52 50 58 55 54 52 40 44 59 62 1954 51 48 57 56 52 49 39 44 58 58 1955 53 49 60 57 54 51 40 48 60 61 1956 55 51 61 60 55 53 43 49 62 60 1957 58 54 64 65 59 55 45 50 64 59 1958 61 58 66 66 63 57 48 52 67 63 1959 66 62 71 71 68 63 49 57 71 67 1960 68 63 73 71 71 66 54 61 72 69 1961 69 65 69 69 72 68 54 61 72 70 1962 73 68 72 71 77 72 59 68 75 75 1963 77 70 73 75 83 79 68 73 78 75 1964 82 77 76 78 88 83 79 80 82 81 1965 86 82 79 84 93 88 84 87 88 86 1966 93 89 89 94 88 96 96 93 95 92 1967 100 100 100 100 100 100 100 100 100 100 1968 107 109 105 104 108 109 113 108 107 108 1969 113 119 111 109 111 117 123 108 110 113 1970 117 124 114 107 116 123 129 115 107 115 1971 122 130 114 108 123 128 127 122 109 117 1972 132 143 122 116 137 142 143 131 118 127 1973 150 160 141 129 153 167 159 150 137 145 1974 187 207 189 173 182 206 186 183 178 183 1975 213 214 234 209 203 236 191 212 211 215 1976 242 241 294 260 239 251 213 234 235 271 1977 283 284 397 353 281 275 238 258 267 307 1978 308 327 413 388 317 308 262 284 270 295 1979 354 361 472 441 374 336 326 312 312 368 1980 410 437 552 477 413 374 388 369 358 421 1981 *** 447 469 596 508 430 402 447 402 366 464 1982 444 435 552 462 433 380 466 423 363 439 1983 419 378 480 413 419 360 414 402 336 396 1984 413 378 429 406 402 371 397 402 326 350 1985 362 290 306 297 362 349 362 325 262 252 1986 -- -- -- -- -- -- -- -- -- --1987 -- -- -- -- -- -- -- -- -- --•These numbers measure the level of prices. They show percentage variation from an arbitrary standard. In this case, 1967 = 100 . .. As of March 1 before 1976, February 1, 1976-1981 and April 1 in 1982-1985. ... In 1981, published estimates were shifted to a 1977 base. The 1981-1985 estimates shown here have been shifted back to the 1967 base. 404 Table 2. Average Farm Real Estate Value (Land and Buildings) Per Acre (48 Contiguous States, Missouri and States Bordering Missouri, 1912-1985*) 48 Year States Mo. Iowa Ill. Ky. Tenn. Ark. Okla. Kan. Neb. 1912 $ 42 $ 53 $104 $115 $ 30 $ 26 $ 18 $ 26 $ 42 $ 49 1913 43 54 108 119 31 27 19 27 42 50 1914 44 56 113 123 32 28 19 27 41 51 1915 43 55 121 121 31 27 18 25 43 50 1916 46 58 137 124 34 29 21 27 45 51 1917 49 61 143 131 39 32 25 30 48 54 1918 53 66 155 140 44 38 29 34 51 62 1919 58 72 171 153 52 44 33 36 55 71 1920 69 88 227 188 60 53 43 43 62 88 1921 65 83 210 181 52 45 36 41 62 82 1922 57 71 174 149 46 42 35 36 55 71 1923 56 69 168 146 45 45 35 34 54 68 1924 54 63 155 137 43 44 34 32 51 63 1925 54 61 149 137 43 42 35 34 50 60 1926 52 57 142 130 43 42 34 34 49 60 1927 so 55 132 118 43 41 34 35 49 58 1928 49 54 129 114 42 41 34 35 49 57 1929 49 54 128 113 43 41 34 36 49 57 1930 49 53 124 109 44 41 34 37 49 56 1931 44 46 109 96 40 38 28 34 45 52 1932 37' 39 89 79 33 32 25 28 38 44 1933 30 32 65 65 27 26 19 22 30 35 1934 31 33 70 70 28 28 21 24 31 35 1935 32 33 73 72 30 30 22 24 31 34 1936 32 34 79 75 30 33 23 25 32 34 1937 33 34 79 79 33 33 24 25 33 32 1938 33 33 80 81 35 34 25 25 33 30 1939 32 31 78 80 36 35 25 24 32 28 1940 32 32 79 82 38 36 25 24 30 24 1941 32 32 79 83 38 37 26 24 30 22 1942 34 35 84 94 42 40 29 26 31 24 1943 38 39 91 98 47 44 31 28 34 27 1944 43 43 105 113 52 49 36 31 39 33 1945 47 48 111 121 58 54 42 33 45 37 1946 53 53 124 134 67 64 44 39 48 42 1947 60 59 138 153 79 72 52 43 56 47 1948 64 60 154 162 79 76 58 47 65 56 1949 66 64 158 170 84 79 63 53 67 62 1950 65 64 161 174 81 77 60 51 66 58 1951 75 75 188 204 92 86 72 60 73 66 1952 82 85 199 221 101 95 78 64 80 72 1953 83 82 194 226 98 95 79 61 81 75 1954 82 79 192 230 95 89 76 60 79 70 1955 85 82 203 234 97 94 78 65 81 73 1956 91 87 209 248 100 100 85 67 84 73 1957 97 94 221 275 111 106 91 69 87 72 1958 103 102 230 283 119 112 98 73 93 79 1959 111 110 248 311 - 129 125 101 80 98 86 1960 117 115 257 316 137 132 113 86 101 89 1961 118 120 242 306 143 137 118 87 102 90 1962 124 127 251 315 152 146 129 95 107 95 1963 130 132 256 332 165 157 146 106 112 97 1964 138 145 265 349 175 167 166 114 115 105 404 Table 2 continued. 48 Year States Mo. Iowa Ill. Ky. Tenn. Ark. Okla. Kan. Neb. 1965 $146 $155 $ 279 $ 372 $ 186 $ 179 $ 186 $124 $123 $111 1966 158 168 310 420 196 197 203 132 135 120 1967 168 186 346 449 213 213 209 142 144 132 1968 179 200 365 470 229 230 226 156 156 143 1969 188 217 382 493 238 252 246 162 162 150 1970 196 224 392 490 253 268 260 173 159 154 1971 204 236 392 494 267 277 255 182 162 157 1972 219 261 414 522 295 302 296 194 174 170 1973 246 294 466 567 327 346 337 219 199 193 1974 302 384 597 720 385 415 406 263 253 242 1975 340 396 719 846 427 467 419 302 296 282 1976 385 446 903 1052 504 495 465 332 330 355 1977 474 548 1259 1458 619 618 542 394 398 420 1978 531 641 1331 1625 715 736 606 450 418 412 1979 628 726 1550 1858 861 860 770 512 501 525 1980 737 902 1840 2041 976 976 918 614 587 635 1981 819 990 1999 2188 1033 1070 1056 681 619 729 1982 823 945 1889 2023 1058 1040 1096 725 628 730 1983 788 856 1684 1837 1049 1014 972 699 601 701 1984 782 856 1499 1800 1007 1044 933 699 583 617 1985 679 659 1064 1314 906 982 849 566 466 444 1986 -- -- -- -- -- -- -- -- -- --1987 -- -- -- -- -- -- -- -- -- --1988 -- -- -- -- -- -- -- -- -- --1989 -- -- -- -- -- -- -- -- -- --1990 -- -- -- -- -- -- -- -- -- --•As of March 1 before 1976, February 1, 1976-1981 and April 1 in 1982-1985. ■ Issued in furtherance of Cooperative Extension Work Acts of May 8 and June 30, 1914 in cooperation with the United States Department of Agriculture. John W. Oren, Director, Cooperative Extension Service, University of Missouri and Lincoln University, Columbia, Missouri 65211. ■ An equal opportunity institution. 404 Revised 9/85/6M 

Some farm land value statistics

https://mospace.umsystem.edu/xmlui/bitstream/10355/72389/1/g0404-1985.pdf

Some farm land value statistics

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