With over $100 million in active land listings, LandLeader is the premier resource for all things rural real estate in the state of California. Being the largest network of land brokers in the U.S provides us access to some of the nation’s top rural real estate brokers, as well as the most recent market statics. Here we will be breaking down just how much is 1 acre of land worth in California.
How Much is 1 Acre of Land Worth in California – Understanding Real Estate Prices and Values
About California
Known for its diverse climate, sprawling cities, and booming economy, California is located in the western U.S. It is bordered by Nevada to the east, Arizona to the southeast, the Pacific Ocean to the west, Oregon to the north, and the Mexican state of Baja California to the south. With over 39.5 million residents across a total area of approximately 163,696 square miles, it is the most populous and the third-largest U.S. state by area.
How Much Is An Acre Of Land Worth In California
Based on information collected by the United States Department of Agriculture National Agricultural Statistics Service, in 2021 the average cost of an acre of farm land in California was about $13,860 up 7.4% from 2020. This figure comes as an average of irrigated, non irrigated, and pasture land. With the prevalence of agriculture in California’s economy, this is a great indicator of overall land value. This however can range depending on various factors including specific land use, overall property size, and of course the location.
Getting a value estimate of your land
To get a value estimate of land you currently own, there are a variety of ways you can approach this. Primarily, comparing similar property sales in close proximity will likely give you the closest range of value to expect at a sale. This is a great way to arrive at a benchmark estimate, but working with a local real estate professional alongside other professional services such as land surveyors will be your best option to find the most accurate value.
Buying Land In California
Getting started purchasing land in California can be as simple as browsing our inventory of listings currently available for sale. From there you will be able to contact a listing agent directly. Otherwise, feel free to contact us for more information about how to get in touch with a LandLeader partnered professional in California as soon as possible.
