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$586,000
- OSU land values study based on actual market sales data provided by Farm Credit Associations of Oklahoma Average farmland sale = $586,000.
agriculture.okstate.edu/departments-programs/agecon/extension/webinars/site-files/power-points/2023/oklahoma-land-values-update-2023-a.pdf
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This page provides information about the values of agricultural land in Oklahoma including comparisons, averages and changes over time. All information displayed is based on actual land sale data provided by the Farm Credit Associations of Oklahoma.
There are currently 3,252 rural properties for sale in Oklahoma, with an average listing price of $500,259. The average cost to buy is $6,286 per acre. Browse land for sale in Oklahoma for more properties on the market nearby.
Average farmland sale = $586,000. from 1,695 in 2021. 1,529 sales tracts down. Sales tracts ranged from $48K to $25.5M. USDA-NASS and Federal Reserve Bank of Kansas City land value reports are survey-based impressions of the markets.
- Percent Change 2012-14 to 2021-23
- 2021-2023 Average Land Values
- 2012-2014 Average Land Values
- 1973-1975 Average Land Values
The magnitude of the shift in agricultural land values is shown on this map. Much of the greatest appreciation observed over the past ten years has been in the eastern two-thirds of the state. Tulsa and Oklahoma Counties were omitted due to an insufficient number of observations.
Relative values have changed considerably over many areas of the state during the past ten years. The highest average land values remain in the Tulsa and Oklahoma City metropolitan areas in addition to northeastern Oklahoma and the I-35 corridor in southern Oklahoma. Very few sales observations in Tulsa and Oklahoma Counties met these criteria; the...
During this timeframe, the highest agricultural land values were in central and south-central Oklahoma along the I-35 corridor together with most of northeastern Oklahoma. Land values were generally less than $1500 per acre in the western one-third of the state. Very few sales observations in Tulsa County met these criteria; therefore it was omitte...
In the 1973-75 period, the highest agricultural land values were in central and north central Oklahoma. In general, the dollar values in far western Oklahoma and the panhandle were in the same range as the east and southeast parts of the state. Except for the central, north central, and metropolitan areas surrounding Tulsa and Oklahoma City, land v...
Land prices in rural Oklahoma are increasing at dramatic rates, even in areas of low agricultural productivity. Demand for land for recreational uses and “ranchettes,” rather than farm or ranch expansion, may be driving forces.
The average price of rural properties, ranches, hunting land and other rural acreage for sale in Oklahoma is $428,214. Oklahoma's agricultural economy is dominated by cattle and wheat production, with these commodities being the state's top agricultural products.
Browse land prices and land sales in Oklahoma on AcreValue. View recent sales of farmland, dairies, ranches, pastures and other types of agricultural land. For each sale, get the price, acreage, land use, buyer and seller information and GIS data, and build a comparable sales report across multiple sales. Sale information is sourced from county ...
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