Average Cost of an Acre of Land in Oklahoma (2026)

The average value of farmland in Oklahoma is about $2,540 per acre based on the latest USDA data, roughly 42% below the national average of $4,350. Oklahoma is among the cheapest states for land. Ranch and pasture ground dominates, and mineral and wind rights can add a layer of value on top of the surface.

$2,540Farm real estate, per acre
$2,470Cropland, per acre
$2,100Pasture, per acre
+5.8%Change vs last year

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 Oklahoma

  • Ranch and pasture. Grazing land makes up much of the market and keeps the average low.
  • Mineral rights. Oil and gas rights, where included, can be worth more than the surface itself.
  • Wind leases. Turbine lease income lifts value for parcels in wind corridors.
  • Water access. Reliable water is a meaningful price driver in the drier west.

How Oklahoma compares

At about $2,540 an acre, Oklahoma sits 42% below the US average of $4,350. Cropland here averages $2,470 an acre and pasture $2,100, 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.

Common questions

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.