Illinois Farmland Prices November 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 – November 2025 Market Update
Tracking Prices, Trends & Market Shifts Across Illinois Farmland Sales
Illinois farmland sales remained active through November, with strong buyer participation and a noticeable shift back toward higher-quality, predominantly tillable ground. While overall acreage amount sold stayed similar to October, pricing and soil productivity both moved higher, signaling continued demand for well-located, high-PI farmland heading into year-end.
Below is a full breakdown of November 2025 sales, followed by a comparison to October 2025.
November 2025 Snapshot (80%+ Tillable Farms)
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Total Sales: 80 transactions
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Total Acres Sold: 8,056.73 acres
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Total Sales Volume: $103,503,118
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Average Price per Acre: $13,324/acre
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Tillable Acres: 7,641.37 acres
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Average Price per Tillable Acre: $13,595/acre
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Average Tillable Percentage: 95.31%
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Average PI: 128.6
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Average Price per PI: $102/PI
November Highlights:
November reflected a strong shift toward high-quality farmland, with nearly all acres sold being tillable and an average PI well above recent monthly averages. Buyers continued to show a willingness to pay premiums for strong soils, efficient field layouts, and well-managed tracts.
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
| County | Sale Date | Acres | Total Sale Price | $/Acre | Tillable Acres | $/Tillable Acre | % Tillable | PI | $/PI |
|---|---|---|---|---|---|---|---|---|---|
| Warren | 11/14/2025 | 40.12 | $802,400 | $20,000 | 39.10 | $20,522 | 97.46% | 143.7 | $139 |
| Hancock | 11/25/2025 | 84.98 | $1,708,098 | $20,100 | 84.98 | $20,100 | 100.00% | 138.9 | $145 |
| Hancock | 11/25/2025 | 79.77 | $1,607,366 | $20,150 | 78.53 | $20,468 | 98.45% | 139.8 | $144 |
| Hancock | 11/24/2025 | 40.00 | $888,000 | $22,200 | 40.00 | $22,200 | 100.00% | 143.0 | $155 |
| Sangamon | 11/20/2025 | 79.75 | $1,866,150 | $23,400 | 77.00 | $24,304 | 96.55% | 139.6 | $168 |
High-end sales were driven by:
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Strong soil productivity (PI 120–140+)
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Competitive bidding on well-drained tracts
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Strong local operator demand
Month-to-Month Comparison
1. Pricing rebounded sharply
After October’s lower averages driven by mixed-quality ground, November saw a strong rebound in $/acre, increasing more than $1,600 per acre month-over-month. This increase was directly tied to the quality of land sold rather than speculative bidding.
2. Higher soil productivity drove stronger values
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Average PI jumped from ~91 in October to 128.6 in November
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Nearly 95% tillable on average
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Buyers clearly prioritized quality over quantity
This reinforces a key trend: high-PI farmland continues to command premium pricing, even as interest rates and broader economic uncertainty persist.
3. Sales activity expanded significantly
With 80 total transactions, November had nearly three times more individual sales than October. This suggests continued seller confidence and steady buyer demand late in the year, particularly for smaller and mid-sized tracts.
4. Total dollar volume surged
Despite only a modest increase in acres sold, November’s total sales volume exceeded October by more than $30 million, reflecting stronger per-acre pricing and better overall land quality.
| Metric | October 2025 | November 2025 | Change |
|---|---|---|---|
| Total Sales | 29 | 80 | ▲ Significant increase |
| Total Acres Sold | 7,935 | 8,056.73 | ▲ Slight increase |
| Avg $/Acre | $11,699 | $13,324 | ▲ +14% |
| Avg $/PI | $91.25 | $102 | ▲ +11.8% |
| Avg PI | ~91 | 128.6 | ▲ Strong improvement |
| Total Sales Volume | $73.38M | $103.50M | ▲ +41% |
November 2025 vs. November 2024: Year-Over-Year Farmland Market Comparison
What Changed From Last Year
Despite slightly higher acreage volume in November 2025, the overall market softened compared to November 2024:
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Per-acre pricing declined ~8%, reflecting a shift toward slightly lower-quality farms and a more selective buyer pool.
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Soil quality dipped modestly, with average PI falling from 130.1 to 128.6.
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Total sales volume fell by nearly $9.6 million, even though more acres changed hands.
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Buyers paid less per PI point, signaling increased pricing discipline compared to last fall.
High-quality, highly tillable farms continue to outperform the market, while mixed or lower-PI tracts are seeing more pricing pressure than a year ago.
| Metric | Nov 2024 | Nov 2025 | Change |
|---|---|---|---|
| Total Sales | $113,075,388 | $103,503,118 | ▼ $9,572,270 (-8.5%) |
| Acres Sold | 7,815.35 | 8,056.73 | ▲ 241.38 acres (+3.1%) |
| Tillable Acres | 7,501.12 | 7,641.37 | ▲ 140.25 acres (+1.9%) |
| Avg. $/Acre | $14,472 | $13,324 | ▼ $1,148 (-7.9%) |
| Avg. PI | 130.10 | 128.6 | ▼ 1.5 points |
| $/PI | $110.00 | $102.00 | ▼ $8.00 (-7.3%) |
Final Thoughts
What This Means for Landowners Considering Selling
November’s data reinforces that the Illinois farmland market remains selective but strong:
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High-quality farmland is still in high demand
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Buyers are willing to pay premiums for strong PI, high tillable percentages, and good locations
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Mixed or lower-quality tracts continue to sell, but pricing is more sensitive
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Late-year sellers are still finding competitive markets, especially when farms are properly marketed and positioned
As we head toward year-end and early 2026 planning, November’s performance shows that quality land continues to set the tone for the market, even as overall supply fluctuates.
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 | Acres | Total | $/acre | Tillable Acres | $/Tillable Acres | % Tillable | Soil Score | $/PI |
|---|---|---|---|---|---|---|---|---|---|
| Sangamon | 11/03/2025 | 61.69 | $777,294 | $12,600 | 57.90 | $13,425 | 93.86 | 138.6 | $91 |
| Sangamon | 11/03/2025 | 200.00 | $3,240,000 | $16,200 | 196.04 | $16,527 | 98.02 | 139.1 | $116 |
| Sangamon | 11/03/2025 | 148.61 | $2,333,177 | $15,700 | 146.80 | $15,894 | 98.78 | 140.1 | $112 |
| Sangamon | 11/03/2025 | 76.56 | $1,194,336 | $15,600 | 75.46 | $15,827 | 98.56 | 139.1 | $112 |
| Cass | 11/04/2025 | 130.37 | $1,512,292 | $11,600 | 116.66 | $12,963 | 89.48 | 114.3 | $101 |
| Cass | 11/04/2025 | 165.28 | $1,619,744 | $9,800 | 148.48 | $10,909 | 89.84 | 123.2 | $80 |
| Cass | 11/04/2025 | 135.85 | $1,779,635 | $13,100 | 134.30 | $13,251 | 98.86 | 133.6 | $98 |
| Cass | 11/04/2025 | 80.00 | $1,288,000 | $16,100 | 79.77 | $16,146 | 99.71 | 136.2 | $118 |
| Cass | 11/04/2025 | 67.00 | $984,900 | $14,700 | 67.00 | $14,700 | 100.00 | 134.0 | $110 |
| Cass | 11/04/2025 | 104.02 | $1,508,290 | $14,500 | 104.00 | $14,503 | 99.98 | 140.7 | $103 |
| Knox | 11/04/2025 | 77.61 | $1,265,043 | $16,300 | 77.14 | $16,399 | 99.39 | 142.5 | $114 |
| Hancock | 11/06/2025 | 67.38 | $542,409 | $8,050 | 65.19 | $8,320 | 96.75 | 110.8 | $73 |
| Mercer | 11/06/2025 | 65.63 | $1,155,088 | $17,600 | 65.00 | $17,771 | 99.04 | 140.7 | $125 |
| McLean | 11/06/2025 | 66.55 | $1,054,818 | $15,850 | 65.00 | $16,228 | 97.67 | 133.8 | $118 |
| Livingston | 11/07/2025 | 200.00 | $1,280,000 | $6,400 | 190.16 | $6,731 | 95.08 | 106.2 | $60 |
| Coles | 11/07/2025 | 44.92 | $404,280 | $9,000 | 43.44 | $9,307 | 96.71 | 119.2 | $76 |
| Mercer | 11/07/2025 | 93.82 | $1,013,256 | $10,800 | 92.52 | $10,952 | 98.61 | 130.6 | $83 |
| Rock Island | 11/10/2025 | 44.13 | $485,430 | $11,000 | 37.93 | $12,798 | 85.95 | 116.0 | $95 |
| Greene | 11/10/2025 | 50.17 | $551,870 | $11,000 | 48.96 | $11,272 | 97.59 | 130.5 | $84 |
| Greene | 11/10/2025 | 114.00 | $2,200,200 | $19,300 | 110.77 | $19,863 | 97.17 | 138.5 | $139 |
| Livingston | 11/10/2025 | 197.29 | $2,584,499 | $13,100 | 191.00 | $13,531 | 96.81 | 124.7 | $105 |
| Rock Island | 11/10/2025 | 55.35 | $747,225 | $13,500 | 50.52 | $14,791 | 91.27 | 126.3 | $107 |
| McDonough | 11/11/2025 | 81.68 | $694,280 | $8,500 | 69.65 | $9,968 | 85.27 | 118.4 | $72 |
| Kankakee | 11/11/2025 | 100.00 | $670,000 | $6,700 | 93.5 | $7,166 | 93.50 | 108.3 | $62 |
| McDonough | 11/11/2025 | 108.39 | $1,105,578 | $10,200 | 101.91 | $10,849 | 94.02 | 116.4 | $88 |
| Peoria | 11/11/2025 | 81.00 | $975,000 | $12,037 | 78 | $12,500 | 96.30 | 118.9 | $101 |
| Peoria | 11/11/2025 | 61.50 | $780,000 | $12,683 | 61.5 | $12,683 | 100.00 | 132.2 | $96 |
| Iroquois | 11/11/2025 | 73.00 | $950,000 | $13,014 | 73 | $13,014 | 100.00 | 118.7 | $110 |
| Henderson | 11/11/2025 | 288.77 | $5,053,475 | $17,500 | 285.00 | $17,731 | 98.69 | 143.7 | $122 |
| McDonough | 11/11/2025 | 83.31 | $1,282,974 | $15,400 | 83.00 | $15,458 | 99.63 | 139.7 | $110 |
| Henderson | 11/12/2025 | 180.70 | $1,319,110 | $7,300 | 150.00 | $8,794 | 83.01 | 116.5 | $63 |
| Henderson | 11/12/2025 | 117.04 | $953,876 | $8,150 | 100.00 | $9,539 | 85.44 | 115.8 | $70 |
| Henderson | 11/12/2025 | 183.89 | $1,498,704 | $8,150 | 174.32 | $8,597 | 94.80 | 114.8 | $71 |
| Henderson | 11/12/2025 | 183.89 | $1,498,704 | $8,150 | 174.32 | $8,597 | 94.80 | 114.8 | $71 |
| Bureau | 11/12/2025 | 159.00 | $2,528,100 | $15,900 | 153.27 | $16,494 | 96.40 | 136.3 | $117 |
| Knox | 11/12/2025 | 85.62 | $1,275,738 | $14,900 | 81.74 | $15,607 | 95.47 | 134.0 | $111 |
| Warren | 11/13/2025 | 272.25 | $1,783,238 | $6,550 | 220.41 | $8,091 | 80.96 | 111.7 | $59 |
| Clinton | 11/13/2025 | 41.00 | $678,550 | $16,550 | 41.00 | $16,550 | 100.00 | 100.0 | $166 |
| Stephenson | 11/13/2025 | 155.80 | $2,259,100 | $14,500 | 146.80 | $15,389 | 94.22 | 116.9 | $124 |
| Warren | 11/14/2025 | 40.12 | $802,400 | $20,000 | 39.10 | $20,522 | 97.46 | 143.7 | $139 |
| Warren | 11/14/2025 | 60.28 | $1,091,068 | $18,100 | 59.10 | $18,461 | 98.04 | 143.6 | $126 |
| Woodford | 11/14/2025 | 113.67 | $1,932,390 | $17,000 | 112.00 | $17,253 | 98.53 | 138.6 | $123 |
| Livingston | 11/14/2025 | 80.00 | $1,084,076 | $13,551 | 76 | $14,264 | 95.00 | 131.6 | $103 |
| Livingston | 11/14/2025 | 54.70 | $750,000 | $13,711 | 54 | $13,889 | 98.72 | 123.2 | $111 |
| Livingston | 11/14/2025 | 77.20 | $1,045,924 | $13,548 | 73 | $14,328 | 94.56 | 124.0 | $109 |
| DeKalb | 11/17/2025 | 51.19 | $481,186 | $9,400 | 48 | $10,025 | 93.77 | 128.6 | $73 |
| DeKalb | 11/17/2025 | 90.80 | $1,089,600 | $12,000 | 88 | $12,382 | 96.92 | 129.7 | $93 |
| DeKalb | 11/17/2025 | 47.80 | $468,440 | $9,800 | 47.8 | $9,800 | 100.00 | 127.5 | $77 |
| Ogle | 11/17/2025 | 191.47 | $2,335,934 | $12,200 | 177.8 | $13,138 | 92.86 | 129.2 | $94 |
| Knox | 11/17/2025 | 80.72 | $1,307,664 | $16,200 | 80.47 | $16,250 | 99.69 | 137.9 | $117 |
| Warren | 11/18/2025 | 40.00 | $324,000 | $8,100 | 33.84 | $9,574 | 84.60 | 105.7 | $77 |
| Adams | 11/18/2025 | 178.64 | $1,214,752 | $6,800 | 167.88 | $7,236 | 93.98 | 105.7 | $64 |
| Warren | 11/18/2025 | 80.00 | $792,000 | $9,900 | 73.75 | $10,739 | 92.19 | 128.7 | $77 |
| Warren | 11/18/2025 | 85.55 | $1,095,040 | $12,800 | 81.64 | $13,413 | 95.43 | 136.1 | $94 |
| Henry | 11/18/2025 | 240.00 | $3,024,000 | $12,600 | 238.00 | $12,706 | 99.17 | 107.6 | $117 |
| Warren | 11/18/2025 | 160.00 | $2,048,000 | $12,800 | 152.54 | $13,426 | 95.34 | 140.2 | $91 |
| Hancock | 11/18/2025 | 75.98 | $1,382,836 | $18,200 | 75.60 | $18,291 | 99.50 | 135.9 | $134 |
| Sangamon | 11/18/2025 | 140.61 | $2,341,273 | $16,651 | 140.60 | $16,652 | 99.99 | 141.7 | $118 |
| Sangamon | 11/19/2025 | 83.04 | $1,652,496 | $19,900 | 80.24 | $20,594 | 96.63 | 142.3 | $140 |
| Knox | 11/20/2025 | 27.84 | $297,888 | $10,700 | 27.00 | $11,033 | 96.98 | 129.1 | $83 |
| Knox | 11/20/2025 | 96.78 | $1,035,546 | $10,700 | 96.00 | $10,787 | 99.19 | 111.5 | $96 |
| Sangamon | 11/20/2025 | 81.18 | $1,055,340 | $13,000 | 75.96 | $13,893 | 93.57 | 133.3 | $98 |
| Sangamon | 11/20/2025 | 79.75 | $1,866,150 | $23,400 | 77 | $304 | 96.55 | 139.6 | $168 |
| Macon | 11/21/2025 | 55.12 | $793,728 | $14,400 | 51.20 | $15,503 | 92.89 | 142.6 | $101 |
| Macon | 11/21/2025 | 60.00 | $888,000 | $14,800 | 59.20 | $15,000 | 98.67 | 140.8 | $105 |
| Warren | 11/24/2025 | 110.59 | $1,260,726 | $11,400 | 99.00 | $12,735 | 89.52 | 130.7 | $87 |
| Knox | 11/24/2025 | 77.11 | $848,210 | $11,000 | 70.00 | $12,117 | 90.78 | 130.7 | $84 |
| Warren | 11/24/2025 | 110.59 | $1,172,254 | $10,600 | 101.00 | $11,606 | 91.33 | 124.1 | $85 |
| Hancock | 11/24/2025 | 52.13 | $630,773 | $12,100 | 48.09 | $13,117 | 92.25 | 119.1 | $102 |
| Hancock | 11/24/2025 | 40.00 | $888,000 | $22,200 | 40.00 | $22,200 | 100.00 | 143.0 | $155 |
| Knox | 11/24/2025 | 80.77 | $1,356,936 | $16,800 | 80.00 | $16,962 | 99.05 | 137.0 | $123 |
| McDonough | 11/25/2025 | 118.28 | $1,289,252 | $10,900 | 107.92 | $11,946 | 91.24 | 133.7 | $82 |
| Hancock | 11/25/2025 | 79.77 | $1,607,366 | $20,150 | 78.53 | $20,468 | 98.45 | 139.8 | $144 |
| Hancock | 11/25/2025 | 84.98 | $1,708,098 | $20,100 | 84.98 | $20,100 | 100.00 | 138.9 | $145 |
| McDonough | 11/25/2025 | 45.97 | $845,848 | $18,400 | 45.50 | $18,590 | 98.98 | 138.9 | $132 |
| Hancock | 11/25/2025 | 74.58 | $1,021,746 | $13,700 | 69.04 | $14,799 | 92.57 | 129.4 | $106 |
| McDonough | 11/25/2025 | 53.51 | $765,193 | $14,300 | 48.73 | $15,703 | 91.07 | 134.2 | $107 |
| Coles | 11/25/2025 | 45.00 | $598,500 | $13,300 | 45.00 | $13,300 | 100.00 | 136.7 | $97 |
| Knox | 11/26/2025 | 81.76 | $703,136 | $8,600 | 70.56 | $9,965 | 86.30 | 106.2 | $81 |
| Knox | 11/26/2025 | 126.18 | $1,779,138 | $14,100 | 115.84 | $15,359 | 91.81 | 129.3 | $109 |
| Totals/Avgs. | 8,056.73 | $103,503,118 | $13,324 | 7,641.37 | $13,595 | 95.31 | 128.6 | $102 |
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