NE farm real estate value climbs 13.1% in 2023

Hamilton County cash rents up 3.2%

Irrigated cropland in Nebraska commanded the highest prices for cash rent in 2023, ranging from a low of $153 an acre in the northern Panhandle to a high of $350 an acre in northeastern counties.
Irrigated cropland in Nebraska commanded the highest prices for cash rent in 2023, ranging from a low of $153 an acre in the northern Panhandle to a high of $350 an acre in northeastern counties.

Survey findings from the USDA-National Agricultural Statistics Services (USDA-NASS) estimated that Nebraska farm real estate value, including all agricultural land and buildings, in 2023 increased by 13.1 percent to an average of $4,240 per acre. The year-over-year increases mark an increase of $490 for this annual period (USDA-NASS 2023a). Kansas and New Jersey lead the nation for the highest rat…