While Missouri’s farmland market remains relatively stable, new survey data points to rising interest—and prices—for timberland and recreational properties. That’s one of several key takeaways from the latest Missouri Farmland Values Opinion Survey, conducted annually by University of Missouri Extension.
The survey not only tracks changes in land values but also offers insights into who is buying and selling Missouri farmland, said Juo-Han Tsay, MU Extension assistant professor and survey organizer.
Key trends and market drivers
The 2025 survey reveals that the average value of “good” nonirrigated cropland is $8,596 per acre, virtually unchanged from last year. Pastureland dipped slightly in value, while timberland and hunting/recreational land saw significant increases. Tsay noted that interest in nonfarm uses of land continues to grow due to several factors, including limited land availability.