Illinois Farmland Prices August 2025: Auction Results & Market Trends
Welcome to Our Monthly Illinois Farmland Value Report
In this monthly report, Rachel Tiffany, Land Broker and Auctioneer dives into Illinois farmland values, helping you understand the factors that determine what your farm is potentially worth. Our goal as auctioneers and farmland real estate agents is to provide you with up-to-date information, recent sales data, expert insights, and tips for maximizing the potential value of your farmland sale. Let us answer the questions you have about selling farmland in Illinois. Contact us today for a free consultation.
Illinois Farmland Auction Results – August 2025 Market Update
The Illinois farmland market remained active in August 2025, showing both strength in pricing and a noticeable rebound from July’s quieter activity. Strong demand, coupled with limited supply, kept land prices steady and competitive. Let’s dive into how August performed compared to both last month and one year ago.
August 2025 Snapshot (80%+ Tillable Farms)
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Number of sales: 25
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Total acres sold: 2,063 acres
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Average price per acre: $12,881
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Median price per acre: $14,400
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Average tillable price per acre: $14,076
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Average soil score: 130.7 PI
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Average $ per PI: $104
The Illinois farmland market remains strong and stable, with premiums still being paid for high-quality soils in central counties.
The spread between the top sales ($19,200/acre) and lowest ($8,375/acre) shows how much soil productivity and local demand drive farmland values.
With an average of nearly $13,000 per acre, August’s sales show that farmland continues to be a resilient investment in Illinois.
👉 See the full results of all farmland sold by auction this month at the end of the blog, along with graphs showing 12 months of data on price per acre, total acres sold, and average dollars per PI each month.
High-End Sales
- McLean County – 75.29 acres at $19,200/acre (Soil Score 136.2)
- Christian County – 80 acres at $17,500/acre (Soil Score 141.8)
- Christian County – 80 acres at $17,400/acre (Soil Score 141.8)
These sales highlight continued strength in central Illinois, particularly in counties with highly productive soils.
Lower-End Sales
- Bond County – 50 acres at $8,375/acre (Soil Score 111.8)
- Fulton County – 117.68 acres at $9,650/acre (Soil Score 109.3)
- Bond County – 36 acres at $10,000/acre (Soil Score 114.4)
Month-to-Month (July → August 2025)
- Acres sold climbed from 1,394 in July to 2,063 in August (+48%)
- Average $/acre increased from $12,099 → $12,881 (+6.5%)
- $/PI jumped from $94.39 → $104.00 (+10.2%)
- Total sales volume rose from $17.7M → $29.6M (+67%)
August was clearly a more competitive month, with stronger demand pushing both sales volume and land values higher.
Year-over-Year (August 2024 → August 2025)
- Acres sold fell from 2,821 → 2,063 (-27%)
- Average $/acre climbed from $12,024 → $12,881 (+7.1%)
- $/PI increased from $98.44 → $104.00 (+5.6%)
- Total sales volume dipped from $33.4M → $29.6M (-11%)
Compared to last year, fewer acres traded hands, but buyers paid more for the land that did sell.
12-Month Rolling Totals (Sept 2024 – Aug 2025)
Looking at the big picture, farmland values remain very solid:
- Total Acres Sold: 36,381.77
- Average $/Acre: $13,126.01
- Average $/PI: $103.89
This long-term view shows farmland continues to be a stable and sought-after investment despite month-to-month fluctuations.
Auction Volume
The number of acres moving at auction increased from July to August, with 2,062 acres sold. As we head into quarter 4 soon we expect to see sales pick up and amount of acres on the market increase through the rest of the year.
Final Thoughts
While volume shifts month to month, the overall trend is clear: Illinois farmland remains a strong, resilient market. Quality soils continue to command premiums, with an 0.80 correlation between PI score and $/acre showing just how closely tied land values are to productivity.
If you’re considering selling farmland in Illinois, understanding county-level trends and soil-driven price differences is key to setting realistic expectations. Reach out to our team at DreamDirt to discuss your farm’s value and the best sale method for your goals.
Rachel Tiffany
Auctioneer & Land Broker
Email: [email protected] | Phone: 515-954-8063
Assessing Your Farm’s Worth:
Illinois Land Market Analysis Appraisal Technique
Curious what your farm could sell for? We prepare market analysis for each of our farmland sellers to help you discover and learn what your farm is worth from our market based research and expertise. Fill out our form here to request a market analysis of your Illinois farmland or call us at 402-739-8696
RECENT FARMLAND SALES IN ILLINOIS
| County | Date Sold | Total Acres | Total Price | $/Acre | Tillable Acres | % Tillable | $/Tillable Acre | Soil Score | $/PI |
|---|---|---|---|---|---|---|---|---|---|
| McDonough | 08/28/2025 | 63.73 | $701,030 | $11,000 | 56.99 | 89.42 | $12,300.93 | 126.7 | $87 |
| Fulton | 08/28/2025 | 67.28 | $699,712 | $10,400 | 63.91 | 94.99 | $10,948.40 | 106.8 | $97 |
| Fulton | 08/28/2025 | 117.68 | $1,135,612 | $9,650 | 106.50 | 90.50 | $10,663.02 | 109.3 | $88 |
| Warren | 08/28/2025 | 28.60 | $429,000 | $15,000 | 28.22 | 98.67 | $15,201.98 | 142.9 | $105 |
| Warren | 08/28/2025 | 76.87 | $1,153,050 | $15,000 | 75.45 | 98.15 | $15,282.31 | 139.9 | $107 |
| Warren | 08/28/2025 | 69.97 | $804,655 | $11,500 | 66.00 | 94.33 | $12,191.74 | 137.7 | $84 |
| Bond | 08/26/2025 | 36.00 | $360,000 | $10,000 | 36.00 | 100.00 | $10,000.00 | 114.4 | $87 |
| Bond | 08/26/2025 | 50.00 | $418,750 | $8,375 | 49.31 | 98.62 | $8,492.19 | 111.8 | $75 |
| Shelby | 08/21/2025 | 71.40 | $778,260 | $10,900 | 70.00 | 98.04 | $11,118.00 | 117.3 | $93 |
| Shelby | 08/21/2025 | 39.98 | $463,768 | $11,600 | 39.00 | 97.55 | $11,891.49 | 126.3 | $92 |
| Shelby | 08/21/2025 | 44.68 | $513,820 | $11,500 | 44.00 | 98.48 | $11,677.73 | 133.3 | $86 |
| De Witt | 08/21/2025 | 80.00 | $1,344,000 | $16,800 | 79.85 | 99.81 | $16,831.56 | 141.4 | $119 |
| De Witt | 08/21/2025 | 120.00 | $1,980,000 | $16,500 | 113.15 | 94.29 | $17,498.90 | 137.9 | $120 |
| Brown | 08/21/2025 | 127.47 | $2,192,484 | $17,200 | 124.80 | 97.91 | $17,567.98 | 137.8 | $125 |
| Iroquois | 08/21/2025 | 74.29 | $825,000 | $11,105 | 73.79 | 99.33 | $11,180 | 130.1 | $85 |
| McLean | 08/19/2025 | 75.29 | $1,445,568 | $19,200 | 75.00 | 99.61 | $19,274.24 | 136.2 | $141 |
| Kankakee | 08/18/2025 | 80.00 | $1,000,000 | $12,500 | 80.00 | 100.00 | $12,500.00 | 126.8 | $99 |
| Menard | 08/15/2025 | 32.82 | $511,992 | $15,600 | 32.00 | 97.50 | $15,999.75 | 136.7 | $114 |
| McLean | 08/14/2025 | 64.31 | $655,962 | $10,200 | 51.70 | 80.39 | $12,687.85 | 120.0 | $85 |
| Bureau | 08/14/2025 | 70.88 | $1,008,000 | $14,400 | 70.60 | 99.60 | $14,277.62 | 138.4 | $104 |
| Christian | 08/11/2025 | 160.00 | $2,576,000 | $16,100 | 160.00 | 100.00 | $16,100.00 | 142.2 | $113 |
| Christian | 08/11/2025 | 143.69 | $2,255,933 | $15,700 | 140 | 97.43 | $16,114 | 140.1 | $112 |
| Christian | 08/11/2025 | 80.00 | $1,392,000 | $17,400 | 80.00 | 100.00 | $17,400.00 | 141.8 | $123 |
| Christian | 08/11/2025 | 80.00 | $1,400,000 | $17,500 | 79 | 98.75 | $17,722 | 141.8 | $123 |
| Pike | 08/05/2025 | 208.00 | $3,536,000 | $17,000 | 208.00 | 100.00 | $17,000.00 | 129.1 | $132 |
| Totals/Averages | 2062.94 | $29,580,596 | $12,881 | 2003.27 | 96.94 | $14,076.86 | 130.7 | $104 |
Navigating the Selling Process:
Tips for Selling Your Farm in Illinois
Explore a set of practical tips for successfully selling your farmland by downloading our free eBooks here. Schedule a non obligatory consultation with us today and we will cover everything from when is the best time to sell, a customized marketing plan, sales methods, how we can help you find the right buyer, and answer your questions.
Farm Real Estate Experts in Illinois
Meet our team of Illinois farm real estate and auction experts who can provide you with valuable guidance and personalized assistance throughout the selling process. If you’re looking to uncover the true value of your Illinois farm or are considering selling, don’t hesitate to reach out to our experienced team. We’re here to provide you with a customized plan to meet your goals. Contact us today to get started.