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Interest in Nebraska farmland enjoys a slight uptickInterest in Nebraska farmland enjoys a slight uptick

BigIron Realty reports more optimism in the land market; it still takes 90 days to sell a farm, but there are more interested buyers.

May 2, 2018

2 Min Read
INTEREST ON THE RISE: According to BigIron Realty, interest in farmland has enjoyed a slight uptick. People with interest in buying land are more optimistic than they have been in the last 18 months.

Interest in farmland is up slightly. The people who are calling with interest in buying Nebraska land are more optimistic than they have been in the past 18 months. The marketing time to sell a farm is still 90 days, but there are more buyers calling with interest in these properties.

BigIron Realty, Columbus, Neb., a licensed real estate broker in eight states, compiles the reports for this column, but not all sales are handled by BigIron each month. Contact BigIron at 800-887-8625 . The following are several of the most recent sales:

Northeastern Nebraska

Knox County: A total of 240 acres sold for $450,000, or $1,875 per acre. This is beautiful pasture ground with rolling hills, a spring-fed creek and two dams. This property has good shade, with minimal trees along the edge of the stream. — Compliments of BigIron Realty

Wayne County: About 160 acres sold for $848,000, or $5,300 per acre recently. This rolling tract of land has about 124.25 acres of cropland, 32 acres of pasture and the balance in an old farmstead. It is in southwest Wayne County. — Compliments of BigIron Realty

Stanton County: A total of 153.61 acres sold for $929,340. This is a nice-producing dryland farm with Maple Creek running through it. There is a building site near the northeast corner. — Compliments of UFarm Real Estate

Eastern Nebraska

Merrick County: A total of 80.8 acres sold in an online auction for $351,480. This farm has a Model 8000 eight-tower Valley pivot powered by a natural gas Ford power unit. There is grass in the northwest corner. — Compliments of BigIron Realty

Merrick County: Approximately 89.41 acres sold in an online auction for $347,754. This property sold in two tracts, with Tract 1 being 75.31 acres of gravity-irrigated cropland. Tract 2 was 14.1 acres of gravity-irrigated cropland watered from the well on Tract 1. — Compliments of BigIron Realty

Southeastern Nebraska

Johnson County: A total of 150.36 acres sold for $500,699. This is a high-quality dryland farm that’s an excellent producer with great fertility. — Compliments of BigIron Realty

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