Illinois Farm Values Rise for Sixth Straight Year
Illinois Farmland Values Hit $9,250 in 2026 Illinois' farm real estate value reached an average of $9,250 per acre in 2026, covering land and buildings tied to agricultural production. That statewide figure was 3.6% above the 2025 average of $8,930 per acre. It reflected broad farm real estate conditions rather than one land class alone. Illinois values were up for a sixth straight year . Market Pressures Beneath the Headline Reports in 2026 described values as stable to slightly softer in some areas. Even so, limited supply and investment demand continued to support pricing. In other property markets, limited inventory has also helped sustain values despite affordability pressures. Market segmentation remained important across Illinois. Higher-quality cropland generally held firmer, while weaker land classes showed more variation. Separate signals underscored those differences. Illinois cropland averaged $10,200 per acre in one national summary, while average-quality land was rep...