We maintain current land prices and rental pricing data on Montana farmland in order to better serve farmers and ranchers looking to buy or rent farmland in Montana with landowners who who have farmland in Montana that's available for sale or lease.
Montana cropland average acreage value data is available in the accompanying table and chart. All prices are per acre.
Average values differ from irrigated cropland and non-irrigated cropland values.
Key Findings:Crop acreage in Montana increased in value by 1.3% from $997/acre in 2015 to $1,010/acre in 2016.
The value of Montana cropland increased by 120.5% from $458/acre in 1997 to $1,010/acre in 2016.
Year | Montana | United States |
---|---|---|
2016 | $1,010 | $4,090 |
2015 | $997 | $4,130 |
2014 | $987 | $4,100 |
2013 | $890 | $3,810 |
2012 | $852 | $3,350 |
Montana irrigated cropland average acreage value data is available in the accompanying table and chart. All prices are per acre.
Key Findings:Irrigated acreage in Montana increased in value by 0.7% from $2,960/acre in 2015 to $2,980/acre in 2016.
The value of irrigated Montana cropland increased by 131.0% from $1,290/acre in 1997 to $2,980/acre in 2016.
Year | Irrigated | Non-Irrigated | Irrigated (All States) |
---|---|---|---|
2016 | $2,980 | $820 | $4,335 |
2015 | $2,960 | $810 | $4,398 |
2014 | $2,950 | $800 | $4,288 |
2013 | $2,780 | $710 | $3,956 |
2012 | $2,690 | $680 | $3,765 |
Montana pasture acreage value data is available in the accompanying table and chart. All prices are per acre.
Key Findings:Pasture acreage in Montana remained steady at $650/acre in 2016 compared to 2015.
The value of Montana pastureland increased by 242.1% from $190/acre in 1997 to $650/acre in 2016.
Year | Montana | United States |
---|---|---|
2016 | $650 | $1,330 |
2015 | $650 | $1,330 |
2014 | $640 | $1,300 |
2013 | $580 | $1,170 |
2012 | $570 | $1,110 |
Information on rental prices for Montana acreage, cropland (irrigated and non-irrigated), and pasture land is available here.
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