Price basis
What is actually being offered?
Compare the full cash price, rights, improvements and acres. A minimum bid, down payment or annual lease payment belongs in a different comparison.
Read the price-basis guide ↗Opening your land workspace…
Explore 2026 agricultural values, historical benchmarks and current catalog coverage for North Dakota. Each measure keeps its own definition and source.
USDA reports a 2026 farm real estate value of $2,450 per acre in North Dakota. Cropland is $2,800 per acre and pasture is $1,200 per acre. These are agricultural survey estimates; a buildable residential lot or development site can belong to a very different market.
Toggle the agricultural categories, inspect individual years and open the underlying table. Missing values remain gaps.
USD per acre, nominal. Farm real estate includes buildings. A state benchmark does not appraise an individual property.
| Date / year | Farm real estate | Cropland | Pasture |
|---|---|---|---|
| 2010 | $821 | $840 | $357 |
| 2011 | $930 | $987 | $389 |
| 2012 | $1,160 | $1,260 | $458 |
| 2013 | $1,550 | $1,750 | $578 |
| 2014 | $1,790 | $2,020 | $738 |
| 2015 | $1,870 | $2,080 | $828 |
| 2016 | $1,750 | $1,910 | $794 |
| 2017 | $1,740 | $1,890 | $804 |
| 2018 | $1,710 | $1,870 | $776 |
| 2019 | $1,710 | $1,890 | $806 |
| 2020 | $1,660 | $1,860 | $762 |
| 2021 | $1,730 | $1,960 | $798 |
| 2022 | $1,920 | $2,200 | $871 |
| 2023 | $2,140 | $2,450 | $987 |
| 2024 | $2,260 | $2,600 | $1,050 |
| 2025 | $2,360 | $2,710 | $1,140 |
| 2026 | $2,450 | $2,800 | $1,200 |
| Measure | North Dakota | United States | Difference from U.S. |
|---|---|---|---|
| Farm real estate | $2,450 | $4,500 | -45.6% |
| Cropland | $2,800 | $6,020 | -53.5% |
| Pasture | $1,200 | $2,000 | -40.0% |
A percentage below the U.S. benchmark is not a discount to fair value. It reflects the different mix of agricultural land, improvements and local conditions included in each estimate. Compare all reported states.
Figures are nominal dollars per acre, not adjusted for inflation. USDA agricultural averages describe a different population from the parcels in our listing catalog.
Farm real estate includes agricultural land and buildings. Cropland and pasture are separate agricultural categories. Values are annual survey estimates, not an appraisal of a specific property, a vacant-lot median, or a closed-sale price index. Missing or withheld values remain missing. Each exported record preserves its report, table and page reference.
2010–2013 use the 2014 final-estimates bulletin; 2014–2018 use the 2019 final-estimates bulletin; 2019 uses the current Quick Stats final estimates. 2020, 2021, and 2022–2026 use the 2024, 2025, and 2026 annual reports respectively. All extracted numeric report values were cross-checked against the 2026-10-01 Quick Stats economics download. Newer selected report suppression takes precedence over an earlier numeric publication.
Read USDA methodology ↗A separate view of source-listed cash offerings in our catalog. Coverage may be narrow or absent; no benchmark is substituted for a missing listing.
Compare the full cash price, rights, improvements and acres. A minimum bid, down payment or annual lease payment belongs in a different comparison.
Read the price-basis guide ↗Use completed sales with similar location, usable area, rights and intended use. A state agricultural average cannot replace local comparable-sale review.
Build a useful comparison ↗Confirm the legal lot, access route, zoning, water and wastewater plan with the responsible offices. Add actual quotes to a complete acquisition budget.
Check buildability ↗