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Land values continue to climb

With higher commodity prices, land is selling at much higher prices than a year ago.

August 6, 2021

2 Min Read
Hills and farmland
HOT MARKET: Land markets in numerous parts of Nebraska continue to be robust, according to BigIron Realty, based in Columbus, Neb.Curt Arens

The land market is robust, especially with online auctions that expose the land to more buyers, according to BigIron Realty. With higher commodity prices and low interest rates, land is selling at much higher prices than a year ago.

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:

Northwest

Kimball County. A total of 157.31 acres sold for $89,000. This farm is dryland crop ground, located 9 miles south of Kimball, Neb., on Highway 71. — Compliments of Agri Affiliates Inc.

North

Holt County. A total of 159.41 acres sold for $590,000. This farm was offered in three tracts or as a whole unit, and it contains dryland cropland, irrigated cropland and pasture with improvements. It has a great location, close to O’Neill, Neb. — Compliments of Farmers National Co.

Southwest

Hayes County. A total of 795.64 acres sold for $2,400,000. This is a productive dryland and pivot-irrigated farm. The farm carries good Class 2 and 3 soils and is an excellent water area. The dryland consists of 376 acres. There are two Reinke pivots and one Valley pivot providing water to the 401 acres that are irrigated. — Compliments of LashleyLand.

Lincoln County. A total of 186.85 acres sold for $236,000. This unique property offers duck, goose and deer hunting, along with fishing and ice fishing in the winter months. The meadowland produces about 200 round bales of hay annually. — Compliments of Farmers National Co.

South

Kearney County: A total of 154.52 acres sold for $1,300,000. This is a highly productive, quality pivot-irrigated farm located in a strong farming community. — Compliments of Agri Affiliates Inc.

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