Historic period for farmland values – Voice Of Muscatine


Historic period for farmland values

Farmland values have climbed to unprecedented levels the past three years.

Compeer Financial certified appraiser Danielle Tenner says the market has been phenomenal in west-central Wisconsin.

“I’ve seen some sales where people have purchased in early 2020 or late 2019 and now they are selling it for double what they paid for it.”

She tells Brownfield buyers have predominantly been local farmers.

“There’s a lot of little competitive areas where when something comes up for sale it’s gone in no time.”

And despite lower farm incomes and higher interest rates, Tenner says the market shows few signs of slowing down.

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