How Much Is an Acre of Land in Arkansas? (2024)

If you’re considering purchasing land in Arkansas, one of the first questions you might ask is, “How much is an acre of land in Arkansas?” Understanding land values is crucial for making informed investment decisions. According to recent estimates by the U.S. Department of Agriculture, the value of Arkansas’ farm real estate in 2024 stands at an average of $4,110 per acre. This represents a 4.8% increase from the previous year, highlighting a steady rise in land values.

Current Average Land Prices in Arkansas

So, how much is an acre of land in Arkansas today? As of 2024, the average price for an acre of farm real estate is approximately $4,110. This figure reflects the value of agricultural land and provides a benchmark for what you might expect to pay if you’re looking to invest in similar properties. The increase of 4.8% from 2023 indicates a healthy appreciation in land values, driven by factors such as demand, agricultural productivity, and overall economic conditions.

Factors Influencing Land Prices

When asking “how much is one acre of land in Arkansas” it’s important to consider the various factors that can influence land prices. These include:

1. Location: Land prices can vary significantly depending on the region within Arkansas. Areas closer to major cities or with desirable features such as access to water or good soil for farming can command higher prices.
2. Land Use: The intended use of the land also affects its price. Agricultural land, recreational land, and residential land all have different valuation metrics. In Arkansas, the average $4,110 per acre is specific to farm real estate, which may differ from prices for other types of land.
3. Market Trends: The recent 4.8% increase in land values from 2023 to 2024 reflects broader market trends. Understanding these trends can help you gauge whether it’s a good time to buy or if prices might rise further.

Making an Informed Decision

Knowing “how much is one acre of land in Arkansas” helps in making well-informed decisions about land investment. If you’re considering purchasing land, it’s beneficial to consult with local real estate experts or agricultural professionals who can provide insights into specific areas and types of land. Additionally, keeping an eye on market trends and potential future increases in land values can provide valuable information for your investment strategy.

Value of 1 Acre of Land in Arkansas

Understanding how much is an acre of land in Arkansas costs is a crucial step in the buying process. With an average value of $4,110 per acre for farm real estate in 2024, reflecting a 4.8% increase from the previous year, it’s clear that land prices are on the rise. By considering factors such as location, land use, and market trends, you can make informed decisions and ensure that your investment aligns with your goals.