This form is for an option to purchase residential real estate - Farm Land.
Oklahoma Option For the Sale and Purchase of Real Estate - Farm Land
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The U.S. average for cropland values increased 10 percent from the prior year to $2,970 per acre while pasture increased 6 percent to $1,230 per acre. In comparison, Oklahoma cropland averaged $1,110 per acre, a 13.4 percent increase from 2007. Pasture values increased 11.1 percent to $1000 per acre.
Oklahoma's impressive agricultural impact spreads far beyond the state line. Ranking fourth in the nation in number of farms, the Sooner State's 78,000 farms cover 34.2 million acres of land, with the average farm sizing in at 438 acres.
12 best farmland bargainsWest-Central Texas. $600/acre. Annual land payment: $50/acre.Central Wisconsin. $5,000/acre.South-Central Florida. $10,000/acre.Northern Missouri. $1,400/acre.Eastern Ohio. $5,000/acre.Southwest Iowa. $4,000/acre.Southeastern Wyoming. $4,000/acre (irrigation in place)Eastern North Dakota. $5,000/acre.More items...?
Montana, Wyoming, South Dakota, Nevada, New Mexico Aside from being located out in the western part of the country, each of these states have land for sale that's priced extremely lowabout $2,000 an acre.
The average price of land parcels and rural property for sale in Oklahoma is $397,810.
Farms in Oklahoma The average price of farms for sale in Oklahoma is $983,319.
The total price of Oklahoma farm land is still under the national average of $3,160 an acre. The value in Oklahoma in 2019 is $1,870.
What state has the cheapest land? New Mexico is the state with the cheapest land according to our land prices per acre page. This is largely due to the fact that it has a lot of of rural desert acreage.
Usually, agricultural land is considered a good investment for high net-worth individuals and for those with surplus income. For salaried or self-employed individuals, living in cities, going through all this process will be time-consuming and tiresome.
Over the last 20 years, the price of farmland per acre in oklahoma has risen by an average of 6% per year to $1,690 per acre as of 2019. This represents an increase of $1,090 per acre of farmland over this time period.