Corn Belt
Ohio farmland value and cash rent on the Land Market Index
Western Ohio is mostly corn and soybean cropland, while the east has more pasture and hay. Those show up here as separate cropland and pasture values.
Ohio farm real estate averaged $9,650 per acre in 2026, above the U.S. figure of $4,500.
2026 averages
- Farm real estate
- $9,650 / acre
- +3.2% from 2025
- Cropland
- $10,100 / acre
- +3.6% from 2025
- Pasture
- $4,250 / acre
- +2.4% from 2025
- Cropland cash rent
- $188 / acre
- +2.2% from 2025
- Pasture cash rent
- $37 / acre
- +19.4% from 2025
Dollars per acre. A state average is not the price of a specific farm.
Annual estimates
| Series | 2022 | 2023 | 2024 | 2025 | 2026 | 2025–2026 |
|---|---|---|---|---|---|---|
| Farm real estate | $7,380 | $8,040 | $8,760 | $9,350 | $9,650 | +3.2% |
| Cropland | $7,740 | $8,450 | $9,270 | $9,750 | $10,100 | +3.6% |
| Pasture | $3,690 | $3,810 | $4,000 | $4,150 | $4,250 | +2.4% |
| Cropland cash rent | $170 | $178 | $185 | $184 | $188 | +2.2% |
| Irrigated cropland cash rent | $208 | $225 | $217 | $212 | $220 | +3.8% |
| Non-irrigated cropland cash rent | $170 | $178 | $185 | $184 | $188 | +2.2% |
| Pasture cash rent | $25.5 | $26 | $28 | $31 | $37 | +19.4% |
What the rows mean
- Farm real estate
- Average value of all land and buildings used for agricultural production, including dwellings, if sold under current market conditions with a reasonable time on the market.
- Cropland
- Average value of land used for field crops, vegetables, or hay, including idle cropland and cropland in conservation programs. Land that alternates between crops and pasture is valued as cropland.
- Pasture
- Average value of land normally grazed by livestock. Animals do not have to be on the land during the survey year.
- Cropland cash rent
- Average cash rent for cropland. NASS measures this as rent expense in dollars per acre. Share rents are not included.
- Irrigated cropland cash rent
- Average cash rent for irrigated cropland, in dollars per acre.
- Non-irrigated cropland cash rent
- Average cash rent for non-irrigated cropland, in dollars per acre.
- Pasture cash rent
- Average cash rent for pastureland, in dollars per acre.
Counties
- Auglaize County $10,250 2022 census
- Darke County $10,913 2022 census
- Hancock County $8,296 2022 census
- Hardin County $9,197 2022 census
- Madison County $9,260 2022 census
- Mercer County $12,513 2022 census
- Pickaway County $8,962 2022 census
- Putnam County $8,403 2022 census
- Shelby County $10,560 2022 census
- Van Wert County $9,658 2022 census
- Wayne County $12,012 2022 census
Nearby states
Have a photo of land in Ohio? Read its location.
Sources
- Land Values 2026 Summary, USDA National Agricultural Statistics Service, released 2026-07-31. Text tables. ESMIS archive.
- Quick Stats cash rent expense, dollars per acre, USDA National Agricultural Statistics Service. Retrieved 2026-10-25.
State and U.S. survey estimates. Blank cells were not published. Year-over-year rent changes in this file are calculated from those estimates. Land-value changes are the percents printed in the summary. Rent changes are calculated from the published yearly estimates. U.S. government figures are public domain and were not adjusted. A blank or “withheld” cell was not published.