Farmland Value Report in Iroquois County, Illinois

Last Updated: Mar 01, 2025

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Summary

county-outlineAs of Mar 01, 2025, the average estimated farmland value in Iroquois County, Illinois is $12,322.25 per acre. Estimated farmland values are down 6.73% compared to one year ago.

In the past four quarters, there have been 50 fair-market-value farmland transactions in Iroquois County, Illinois, totalling 4635 acres. Sold acreage in the past four quarters is up 113% compared to the same period in the preceding year and up 30.8% compared to the 10-year historical average for Iroquois County, Illinois.

Average Productivity Index

121.65 IL PI

Number of Parcels

27,854

Farmland Value Trend

As of Mar 01, 2025, the median estimated farmland* value in Iroquois County, Illinois is $12,322.25 per acre. Estimated farmland values are down 6.73% compared to the same period last year.

Cropland Price: $12,322.25 / acre (-6.73% year-over-year)

Jun 21Nov 21Apr 22Sep 22Feb 23Jul 23Dec 23May 248,0009,50011,00012,50014,000Farmland Price ($/ac)

*This chart shows AcreVisionSM's value index for cropland only. Cropland refers to land used specifically for crop production, including row crops, closely sown crops, fruits, and vegetables. Our valuation model utilizes more than 20 data variables to estimate the value of an individual plot of land. This model analyzes thousands of localized farmland transactions to estimate the present-day values of parcels in Iroquois County, Illinois. AcreVisionSM leverages these valuation estimates to measure changes in farmland values over time.

Sales Volume

In Iroquois County, Illinois, there were 50 farmland transactions in the past four quarters through 2025-Q1 (Mar 01, 2025), totalling 4635 acres. Sold acreage in the past four quarters is up 113% compared to the same period in the preceding year and up 30.8% compared to the 10-year average.

Total Acreage Sold: 4,635 acres (+113% year-over-year)

Apr 24Jul 24Oct 24Jan 2501,5003,0004,5006,000Acreage
  • 10 Year Average
  • Previous Year
  • This Year

Sales volumes over time are calculated from FBN's analysis of fair-market-value transactions across the United States, excluding transactions such as those between related parties or those which we believe are significantly below market value.

Recent Sales

In the last 18 months

Price range

$2,583-$20,302 / ac.

Average

$10,062.21 / ac.

Median size

79 acres

Total sales

76

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