Average Cost of an Acre of Land in Indiana (2026)
The average value of farmland in Indiana is about $8,850 per acre based on the latest USDA data, roughly 103% above the national average of $4,350. Indiana is prime Corn Belt cropland, and that's the story: high-yield corn and soybean ground gives it farm real estate value well above the national average.
Average agricultural land values from the USDA National Agricultural Statistics Service, Land Values 2025 Summary (August 2025). Building lots and developed parcels sell for more; always check recent local sales.
Price your own parcel
What affects land prices in Indiana
- Crop productivity. Some of the Midwest's best tillable ground drives Indiana's value.
- Drainage and soil. Tiled, well-drained fields command the top prices.
- Metro edges. Land near Indianapolis prices above farm-use rates.
- Tract size. Large contiguous tillable parcels draw farm-buyer premiums.
How Indiana compares
At about $8,850 an acre, Indiana sits 103% above the US average of $4,350. Cropland here averages $8,250 an acre and pasture $3,650, against national figures of $5,830 and $1,920. These are working-farmland averages: a buildable lot near a city runs well above them, and raw, remote acreage well below.
Where an acre runs cheap and where it runs high in Indiana
Indiana is Corn Belt cropland, and that's the story. High-yield corn and soybean ground gives the state farm real estate well above the national average, with the best tillable fields commanding the top prices. Land on the edges of Indianapolis runs higher on development demand, while wet or wooded ground in the south stays more affordable.
Cropland, pasture, and the Indiana spread
Indiana farm real estate averages about $8,850 an acre, with cropland near $8,250 and pasture around $3,650. The strong cropland figure reflects some of the Midwest's best tillable ground, while the lower pasture number comes from the hillier, wooded southern counties.
Which way Indiana prices are moving
Indiana farmland rose about 4.0 percent in the latest USDA figures, near the national pace. Demand for productive tillable ground and tight supply keep prices firm, especially for larger contiguous fields that draw farm buyers.
What the average buys you
At $8,850 an acre, 10 acres of Indiana farmland runs about $88,500 before closing, and the best tillable ground costs more. Wooded southern parcels cost less. Use the calculator above with a real listing price for the field you're weighing.
Before you buy land in Indiana
Drainage and soil set row-crop value, so a tiled, well-drained field is worth far more than wet ground. Larger contiguous tillable tracts draw a farm-buyer markup. Check the drainage, the soil rating, and recent local sales before you commit.
Common questions
On average, about $8,850 per acre for farmland in the latest USDA figures. That's the agricultural average; a buildable lot near a city costs more and remote acreage less. Enter a local listing price in the calculator above to price your own parcel.
Yes. Indiana farmland rose 4% in the latest USDA report, slower than the national average of 4.3%.
No. The USDA figure is average agricultural land value. Residential and commercial building lots sell well above it. Treat the average as a floor for rural acreage and compare against recent local sales before you buy.
43,560 square feet. Use the square feet to acres tool to convert any lot size, in either direction.
These are planning estimates based on USDA agricultural land values, not an appraisal. Land prices vary widely by county, parcel, access, and use. Confirm with recent local sales or a licensed appraiser before buying or selling.