Indiana farm real estate averages $8,850 an acre (USDA, 2025), which ranks 11 of 48 states, well above the national average, among the priciest in the country. Raw and rural parcels usually trade below that.
According to the USDA's 2025 land value survey, the average value of farm real estate in Indiana is $8,850 per acre. That is the all in average across land and buildings, so vacant, wooded or recreational ground typically sells for less per acre, while small buildable lots near a town can sell for more. It sits below Illinois ($8,930) but above Michigan ($6,800) next door. Indiana is in the Midwest. Productive cropland pulls the average up here, so raw or wooded parcels usually trade well under the headline number.
Smaller parcels carry a higher price per acre than large blocks, the same land just costs more by the piece. Rough ranges for raw or rural Indiana land:
| Parcel size | Per acre | Typical range |
|---|---|---|
| 1 acre | $8,500/ac | $6,400 to $11,000 |
| 5 acres | $6,100/ac | $22,900 to $39,700 |
| 10 acres | $5,300/ac | $39,800 to $69,000 |
| 40 acres | $4,400/ac | $130,600 to $226,400 |
| 160 acres | $3,600/ac | $433,300 to $751,000 |
Land use changes the number sharply. Rough per acre figures for a 10 acre parcel in Indiana:
| Land type | Per acre |
|---|---|
| Recreational / hunting | $4,900/ac |
| Rural homesite | $7,100/ac |
| Pasture / grazing | $4,000/ac |
| Cropland (tillable) | $11,100/ac |
These are survey based ranges. For your specific Indiana parcel, run the free Instant Land Value Estimator with your acreage and features, or get a no obligation written cash offer.
Get my cash offer →USDA puts the 2025 average farm real estate value in Indiana at about $8,850 per acre, but raw and rural parcels usually trade below that, and small buildable lots above it. Use the estimator for a parcel level range.
The state average includes prime farmland with buildings. Vacant, wooded, landlocked or off grid parcels sell for a fraction of that. Access, utilities, zoning and usable terrain are the biggest swing factors.
You can list it, or take a direct cash offer and skip the wait, the commission and the financing risk. We buy Indiana land directly, see a free written offer.
Nearby states: Illinois Ohio Michigan Kentucky · full Price Per Acre Index · land value estimator
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