Average U.S. farm real estate value, nominal and real (inflation adjusted), 1970-2013

Dollars per acre

Line graph with 2 lines and 44 points per line.

Line 1, Nominal.
Point 1, 1970 is 196.
Point 2, 1971 is 203.
Point 3, 1972 is 219.
Point 4, 1973 is 246.
Point 5, 1974 is 302.
Point 6, 1975 is 340.
Point 7, 1976 is 397.
Point 8, 1977 is 474.
Point 9, 1978 is 531.
Point 10, 1979 is 628.
Point 11, 1980 is 737.
Point 12, 1981 is 819.
Point 13, 1982 is 823.
Point 14, 1983 is 788.
Point 15, 1984 is 801.
Point 16, 1985 is 713.
Point 17, 1986 is 640.
Point 18, 1987 is 599.
Point 19, 1988 is 632.
Point 20, 1989 is 668.
Point 21, 1990 is 683.
Point 22, 1991 is 703.
Point 23, 1992 is 713.
Point 24, 1993 is 736.
Point 25, 1994 is 798.
Point 26, 1995 is 844.
Point 27, 1996 is 887.
Point 28, 1997 is 926.
Point 29, 1998 is 974.
Point 30, 1999 is 1030.
Point 31, 2000 is 1090.
Point 32, 2001 is 1150.
Point 33, 2002 is 1210.
Point 34, 2003 is 1270.
Point 35, 2004 is 1340.
Point 36, 2005 is 1610.
Point 37, 2006 is 1830.
Point 38, 2007 is 2010.
Point 39, 2008 is 2170.
Point 40, 2009 is 2110.
Point 41, 2010 is 2200.
Point 42, 2011 is 2390.
Point 43, 2012 is 2650.
Point 44, 2013 is 2900.
Line 2, Inflation adjusted (2009=100).
Point 1, 1970 is 859.46063.
Point 2, 1971 is 847.104.
Point 3, 1972 is 875.8248.
Point 4, 1973 is 933.0198.
Point 5, 1974 is 1051.0197.
Point 6, 1975 is 1082.975.
Point 7, 1976 is 1198.7076.
Point 8, 1977 is 1347.6246.
Point 9, 1978 is 1410.6208.
Point 10, 1979 is 1541.1042.
Point 11, 1980 is 1658.9758.
Point 12, 1981 is 1686.1566.
Point 13, 1982 is 1595.394.
Point 14, 1983 is 1469.5187.
Point 15, 1984 is 1442.5934.
Point 16, 1985 is 1244.2847.
Point 17, 1986 is 1094.8031.
Point 18, 1987 is 999.1826.
Point 19, 1988 is 1018.5663.
Point 20, 1989 is 1036.3016.
Point 21, 1990 is 1021.7668.
Point 22, 1991 is 1017.82275.
Point 23, 1992 is 1009.286.
Point 24, 1993 is 1017.6288.
Point 25, 1994 is 1080.3492.
Point 26, 1995 is 1119.2743.
Point 27, 1996 is 1155.2036.
Point 28, 1997 is 1185.7201.
Point 29, 1998 is 1233.786.
Point 30, 1999 is 1286.3584.
Point 31, 2000 is 1331.0376.
Point 32, 2001 is 1372.8721.
Point 33, 2002 is 1422.6256.
Point 34, 2003 is 1463.9094.
Point 35, 2004 is 1503.3882.
Point 36, 2005 is 1750.1713.
Point 37, 2006 is 1930.0133.
Point 38, 2007 is 2065.0332.
Point 39, 2008 is 2186.7065.
Point 40, 2009 is 2110.
Point 41, 2010 is 2173.6768.
Point 42, 2011 is 2315.9138.
Point 43, 2012 is 2523.7615.
Point 44, 2013 is 2721.216.


Note: The GDP chain-type price index is used to convert NASS current-dollar statistics to 2009=100 equivalents (Bureau of Economic Analysis, Dept. of Commerce). Farm real estate includes land and buildings. Source: USDA, Economic Research Service and National Agricultural Statistic Service.