Understanding Nebraska’s Farmland Market in 2026

Nebraska farmland values and cash rental rates continue to shape investment and operating decisions across the state. According to the most recent University of Nebraska–Lincoln (UNL) farm real estate market survey, statewide agricultural land values averaged around $3,935 per acre in 2025 — a slight decrease from the previous year. Irrigated cropland values remain the highest among land types, though non-irrigated cropland still commands significant interest due to lower input and equipment costs. Ranch and grazing land values also continue modest growth tied to strong livestock prices. Understanding these trends helps landowners and investors price property, negotiate leases, and plan long-term strategies for farmland portfolios.

For landowners considering renting out their land or selling, market data is invaluable. Cash rental rates for dryland and irrigated cropland have remained steady, despite crop price pressures and production costs, while pasture rental rates ticked up slightly with strong cattle markets. These factors should be considered in lease negotiations, whether setting cash rents, crop-share arrangements, or flexible terms to align incentives with tenants.

Given this landscape, staying informed through annual sales reports, county trends, and local broker insights can give Nebraska landowners a competitive edge in managing or transitioning agricultural real estate.