How much does a farm cost in Michigan?
The Lake States region experienced a 1% decrease to $4,760 per acre. The average value of cropland in the U.S. increased $50 from 2018 to $4,100 per acre. Michigan’s cropland cash rent was $127 per acre in 2019, up $4 from the previous year.
How much does an acre of farm land cost in Michigan?
The 2020 average Michigan farm real estate value, including land and buildings, averaged $4,950 per acre, according to Marlo Johnson, Regional Director of USDA, NASS, Great Lakes Regional Office. Farm real estate values in Michigan were down 0.2 percent from 2019.
Is there farmland in Michigan?
Michigan farming not only provides consumers with food and fiber on nearly 10 million acres of farmland, but it also lays the foundation for a dynamic food and agriculture industry, making it one of our state’s critical economic drivers, substantially contributing to our state’s economy each year.
What percentage of Michigan is farmland?
Michigan ranks eighth in the nation with 673,205 cover crop acres in 2017, up 54 percent from 437,200 acres in 2012. Huron County led the way with 102,744 cover crop acres on 22.4 percent of county agricultural land. St.
Are there any farms for sale in Michigan?
Browse all Michigan farms, ranches and other rural real estate for sale on Land And Farm to find the farm, cattle operation, hobby farm or other farm property that’s right for your future business or individual needs. Michigan’s main farming goods are dairy products, corn, and soybeans.
Where are the country homes in West Michigan?
West Michigan Country Homes Western Michigan presents a unique mix of big-city culture and rural recreational and farming areas. Bordered on the west by Lake Michigan, this area known as the “Fruit Belt” offers fertile soil, woods, fields and water.
How much does a ranch cost in Michigan?
Get price drops notifications & new listings right in your inbox! Looking for Michigan farms or acreages for sale? View ranches for sale in Michigan listed between $26,000 and $2,700,000.
How big is the farm market in Michigan?
Michigan has 100,000 acres of farms for sale based on recent Land And Farm data. The combined market value of farms for sale in Michigan is $73 million, with the average price of farms for sale in being $615,905. Farms and other agricultural land for sale in Michigan support livestock including cattle, pig, sheep, horses and goats.
