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Land values in Nebraska and neighboring states are continuing to rise.

September 2, 2021

3 Min Read
Field of sorghum
HOT MARKET: Land markets in numerous parts of Nebraska and surrounding states are on the way up, according to BigIron Realty.Curt Arens

The land market continues to shoot higher, according to BigIron Realty.

Landowners who were undecided or on the fence about selling have decided that this is the year because of hints that capital gains taxes are going up. There are more buyers than sellers, according to BigIron, and marketing time is about 60 days.

BigIron Realty of Columbus, Neb., a licensed real estate broker in eight states, compiles the reports for this column. However, not all sales are handled by BigIron each month. For more information, contact BigIron at 800-887-8625.

The following are several of the most recent sales in Nebraska, Missouri, Kansas and South Dakota:

Nebraska

East

Lancaster County. A total of 146.37 acres sold at online auction for $1,376,812.50 in two tracts. Tract 1 is 54.87 acres of dryland that lies relatively level to gently rolling. It is located on the north side of Olive Creek Road and the west side of 120th Street. There are good gravel roads on the south and east sides.

Tract 2 is 91.50 acres of dryland and is located on the south side of Olive Creek Road and the west side of 120th Street. It has many nearly level acres, with the remaining acres gently sloping to the west and north. There are good gravel roads on the north and east sides. The Lower Platte Natural Resources District has an easement in the southeast corner to monitor groundwater. — Compliments of BigIron Realty

Missouri

Benton County. A total of 220 acres sold at online auction for $990,000. This well-maintained 220 acres of pasture has two ponds, a creek and eight waterers in northern Benton County. The property also features rotational grazing plots with 2018 cross-fencing. This exceptional pasture ground features a 2019 corral with electricity and a well located on the property for convenience. —Compliments of BigIron Realty

Chariton County. A total of 80 acres sold for $259,000. This 80-acre tract of land offers 64 Conservation Reserve Program acres on a new contract offering $104.79 per acre. The contract can also be bought out, and the ground would boast good tillable soils with an opportunity to farm next season. The farmland is gently rolling with 15 acres of timber. — Compliments of Farmers National Co.

Kansas

Sumner County. A total of 301 acres sold for $571,900. This tract includes 301 acres of prime farmland and outstanding hunting, located 2 miles west and 1 mile north of South Haven, Kan., in southern Sumner County. The county seat of Wellington is 14 miles north, with Wichita about 50 miles north and Oklahoma City 116 miles to the south, all on Interstate 35. Farm Service Agency carries the land as 298.57 acres, with taxable land at 302.80 acres. — Compliments of BigIron Realty

South Dakota

Davison County. A total of 147.23 acres sold at auction for $765,596. Tremendous opportunity to buy high visibility land adjacent to Mitchell and Highway 37. A highly desirable piece of farmland zoned as transportation, warehousing and commercial with the city of Mitchell. Excellent access along Highway 37 and 250th Street, as well as the Mitchell Airport. — Compliments of Farmers National Co.

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