Farmland Value Report in Renville County, Minnesota

Last Updated: Mar 01, 2025

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Summary

county-outlineAs of Mar 01, 2025, the average estimated farmland value in Renville County, Minnesota is $10,122.96 per acre. Estimated farmland values are down 11.2% compared to one year ago.

In the past four quarters, there have been 42 fair-market-value farmland transactions in Renville County, Minnesota, totalling 4320 acres. Sold acreage in the past four quarters is up 50.3% compared to the same period in the preceding year and up 101% compared to the 10-year historical average for Renville County, Minnesota.

Average Productivity Index

77.92 NCCPI

Number of Parcels

15,998

Farmland Value Trend

As of Mar 01, 2025, the median estimated farmland* value in Renville County, Minnesota is $10,122.96 per acre. Estimated farmland values are down 11.2% compared to the same period last year.

Cropland Price: $10,122.96 / acre (-11.2% year-over-year)

Jun 21Nov 21Apr 22Sep 22Feb 23Jul 23Dec 23May 247,0009,00011,00014,000Farmland 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 Renville County, Minnesota. AcreVisionSM leverages these valuation estimates to measure changes in farmland values over time.

Sales Volume

In Renville County, Minnesota, there were 42 farmland transactions in the past four quarters through 2025-Q1 (Mar 01, 2025), totalling 4320 acres. Sold acreage in the past four quarters is up 50.3% compared to the same period in the preceding year and up 101% compared to the 10-year average.

Total Acreage Sold: 4,320 acres (+50.3% 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

$3,349-$13,483 / ac.

Average

$10,172.09 / ac.

Median size

84 acres

Total sales

64

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