Where do you find average price per acre? - Mothering Forums

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#1 of 7 Old 09-17-2006, 11:44 PM - Thread Starter
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Where can I look to find out what our surrounding coutnies have as an average price per acre??

I want to avoid calling a realtor to find out.


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#2 of 7 Old 09-18-2006, 11:53 PM
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Honestly, I think a realtor would be your best bet to get good, solid information. Even if you could find the avg. price per acre, it might be misleading. Cheap land is usually cheap for a reason- it's not fertile, it doesn't have improvements, it's severely rural. Price per acre will depend on the type of land (home site, pasture, field, wooded area), whether it has improvements such as electric to the site, a well (or even possibility of a well), a driveway, etc. Also, the size of the parcel is something to take into consideration. I've seen 50 acres and 2 acres listed for the same price, in the same county. If the majority of land that is sold in your county is unimproved, raw land sold in parcels of 100 acres, and you're looking for a 5 acre parcel with a homesite and a well, the average is going to be misleading.

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#3 of 7 Old 09-19-2006, 01:07 AM
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We are looking at a property now with a ratty house on it (that I can make due with but we don't want the realtor to know that! )

Anyway, we called around and got an average of 50k for 2 acres perc'd. One guy was asking 60k for 1 perc'd acre and we knew he was full of bologna.

We know what leverage we have now with our offer on this property. :
You can see if the town hall has a list of recent property transactions and do the math if you want, but it's probably easier to call a realtor.
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#4 of 7 Old 09-20-2006, 12:01 AM
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I've gone to realtor.com and do I search for just land. It used to be $10k an acre here, just 5 years ago, and now it's a minimum of $25k. Really wish we had the money back then to buy a bunch, so we'd have some for us, and some to make a nice profit from now!

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#5 of 7 Old 09-20-2006, 04:31 PM
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I just posted this last week or so:


I would ask a realtor for specifics in your area, though.

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#6 of 7 Old 10-06-2006, 02:55 PM
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That should all be public record. If you go to the county clerk's office you they should give you full access to what land has sold for in your area. It really helps though if you have addresses to compare so you can look up parcel ID numbers. Don't know if that helps or not...hope it does.

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#7 of 7 Old 10-06-2006, 10:12 PM
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Google MLS listings for your county, city.

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