Summary
As of Mar 01, 2025, the average estimated farmland value in Lee County, Illinois is $11,739.56 per acre. Estimated farmland values are down 7.83% compared to one year ago.
In the past four quarters, there have been 22 fair-market-value farmland transactions in Lee County, Illinois, totalling 2792 acres. Sold acreage in the past four quarters is up 40.8% compared to the same period in the preceding year and up 30.6% compared to the 10-year historical average for Lee County, Illinois.
Average Productivity Index
127.57 IL PI
Number of Parcels
28,897
Farmland Value Trend
As of Mar 01, 2025, the median estimated farmland* value in Lee County, Illinois is $11,739.56 per acre. Estimated farmland values are down 7.83% compared to the same period last year.
Cropland Price: $11,739.56 / acre (-7.83% year-over-year)
*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 Lee County, Illinois. AcreVisionSM leverages these valuation estimates to measure changes in farmland values over time.
Sales Volume
In Lee County, Illinois, there were 22 farmland transactions in the past four quarters through 2025-Q1 (Mar 01, 2025), totalling 2792 acres. Sold acreage in the past four quarters is up 40.8% compared to the same period in the preceding year and up 30.6% compared to the 10-year average.
Total Acreage Sold: 2,792 acres (+40.8% year-over-year)
- 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
$3,880-$17,463 / ac.
Average
$10,408.93 / ac.
Median size
127 acres
Total sales
45