County Agricultural Land Value Change

County agricultural land values in Oklahoma have changed over the past 40+ years. The 1973-75, 2009-2011, and 2018-2020 weighted-average land value maps are color coded from light to dark, with the darkest colors showing the highest average land values. The percent change map shows changes in county land values over the past 10 years between 2009-2011 and 2018-2020.

 

Charts are based on a three-year weighted average and include tracts 40 acres in size or larger selling for up to $3,000 in the earlier time series and $6000 or less in the latest. The weighted average formula was selected due to an insufficient number of annual sales data at the county level and provides improved reliability when analyzing land value patterns and trends.

 

Percent Change 2009-11 to 2018-20

 

The magnitude of the shift in agricultural land values is shown on this map. Note that agricultural land values in several western counties have more than doubled over the past 10 years.

 

Only sales tracts 40 acres in size or larger selling for $3,000 per acre or less are included in the earlier time period and up to $6000 in the latest time period. Tulsa and Oklahoma Counties were omitted due to an insufficient number of observations.

 

 

2018-2020 Average Land Values

 

 

Relative values have changed considerably over many areas of the state during the past 10 years. The highest average land values besides the Tulsa and Oklahoma City metropolitan areas remain in northeastern Oklahoma and along the I-35 corridor.

 

Only sales tracts 40 acres in size or larger selling for $6,000 per acre or less are included. Very few sales observations in Tulsa and Oklahoma Counties met these criteria; therefore they were omitted from this map.

 

 

 2009-2011 Average Land Values

 

 

In the 2009-11 period, the highest agricultural land values were in central and south-central Oklahoma along the I-35 corridor together with most of northeastern Oklahoma. Land values were generally less than $1250 per acre in other areas of the state.

 

Only sales tracts 40 acres in size or larger selling for $3,000 per acre or less are included. Very few sales observations in Tulsa County met these criteria; therefore it was omitted from this map.

  

 

1973-1975 Average Land Values

 

 

In the 1973-75 period, the highest agricultural land values were in central and north central Oklahoma. In general, the dollar values in far western Oklahoma and the panhandle were in the same range as the east and southeast parts of the state. Except for the central, north central, and metropolitan areas surrounding Tulsa and Oklahoma City, land values were less than $500 per acre. Only sales tracts 40 acres in size or larger selling for $3,000 per acre or less are included.

 

 

County Agricultural Land Value Changes

Tracts >= 40 Acres Selling up to $3,000/ac. through 2007 and $6,000/ac. since 2008
Weighted Average