Michigan Land Values For Farm Acreage, Cropland, and Pastureland

Michigan Cropland (Crop Acreage) Values

Michigan 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 Michigan decreased in value by 1.1% from $4,550/acre in 2015 to $4,500/acre in 2016.

The value of Michigan cropland increased by 230.9% from $1,360/acre in 1997 to $4,500/acre in 2016.

Table of Michigan Cropland Value By Year

Year	Michigan	United States
2016	$4,500	$4,090
2015	$4,550	$4,130
2014	$4,500	$4,100
2013	$4,120	$3,810
2012	$3,660	$3,350

Graph of Michigan Cropland Value By Year

Michigan Irrigated and Non-irrigated Cropland Values

Michigan irrigated cropland average acreage value data is available in the accompanying table and chart. All prices are per acre.

There is insufficient data on irrigated cropland for Michigan to display at this time. Averages for irrigated cropland across the entire United States is displayed.

Table of Michigan Irrigated Cropland Value By Year

Year	Irrigated	Non-Irrigated	Irrigated (All States)
2016	N/A	N/A	$4,335
2015	N/A	N/A	$4,398
2014	N/A	N/A	$4,288
2013	N/A	N/A	$3,956
2012	N/A	N/A	$3,765

Graph of Michigan Irrigated Cropland Value By Year

Michigan Pastureland (Pasture Acreage) Values

Michigan pasture acreage value data is available in the accompanying table and chart. All prices are per acre.

Key Findings:

Pasture acreage in Michigan decreased in value by 3.0% from $2,680/acre in 2015 to $2,600/acre in 2016.

The value of Michigan pastureland increased by 225.0% from $800/acre in 1997 to $2,600/acre in 2016.

Table of Michigan Pastureland Value By Year

Year	Michigan	United States
2016	$2,600	$1,330
2015	$2,680	$1,330
2014	$2,500	$1,300
2013	$2,420	$1,170
2012	$2,290	$1,110

Chart of Michigan Pastureland Value By Year

Michigan Land Rental Prices

Information on rental prices for Michigan acreage, cropland (irrigated and non-irrigated), and pasture land is available here.

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Michigan Farmland Valuation Data