How Much Is 1 Acre of Land Worth in Missouri Today?

When considering a land purchase or investment in Missouri, one of the most common questions that arises is: how much is 1 acre of land worth? Land value can vary widely depending on numerous factors, making it essential for buyers, sellers, and investors to understand the dynamics that influence pricing. Whether you’re looking to buy farmland, residential plots, or recreational property, gaining insight into the average cost per acre can help you make informed decisions.

Missouri’s diverse geography and economy contribute to a wide range of land values across the state. From fertile agricultural regions to developing suburban areas and untouched natural landscapes, each type of land carries its own price considerations. Understanding these variations is key to navigating the Missouri land market effectively. In the sections ahead, we’ll explore the elements that impact land value and what you can expect when evaluating an acre of land in this Midwestern state.

Factors Influencing the Value of an Acre in Missouri

The value of an acre of land in Missouri depends on several factors that influence its market price. Understanding these variables can help potential buyers and investors make informed decisions. Key factors include:

  • Location: Proximity to urban centers, major highways, and amenities significantly affects land value. Acres near cities like Kansas City or St. Louis typically command higher prices compared to rural or remote areas.
  • Land Use and Zoning: Agricultural, residential, commercial, or industrial zoning impacts the potential use and thus the value of the land. Agricultural land is often priced differently than land zoned for development.
  • Soil Quality and Topography: Fertile soil and favorable topography make land more attractive for farming purposes, increasing its worth.
  • Market Demand: Trends in local real estate markets, including demand for farmland or residential lots, affect prices.
  • Access to Utilities: Availability of water, electricity, and sewage systems can enhance land value.
  • Environmental Restrictions: Wetlands, protected areas, or flood zones can limit land usability and reduce its value.

Average Price per Acre by County

Land prices can vary widely across Missouri’s counties. The following table outlines average prices per acre in selected counties as of the most recent data in 2024. These prices reflect a mix of agricultural and rural land values and can fluctuate based on specific parcel characteristics.

County Average Price per Acre (USD) Primary Land Use
Greene $12,500 Residential / Agricultural
Boone $10,200 Agricultural / Residential
Cole $8,800 Agricultural
St. Louis $20,000 Commercial / Residential
Chariton $4,500 Agricultural
Holt $3,800 Agricultural
Jackson $15,000 Residential / Commercial

Comparing Agricultural Versus Residential Land Values

Agricultural land in Missouri tends to be priced lower than residential land due to differences in development potential and demand. Key distinctions include:

  • Agricultural Land: Primarily used for farming, livestock, or conservation. Prices often depend on crop yield potential, soil type, and farm size. The average price for farmland in Missouri typically ranges from $3,000 to $6,000 per acre.
  • Residential Land: Zoned for housing development, often closer to infrastructure and services, leading to higher prices. Residential land can range from $8,000 to $20,000 or more per acre depending on location and access.

Recent Trends in Missouri Land Prices

Missouri land prices have experienced gradual increases over the past few years, driven by factors such as:

  • Rising demand for rural residential properties: Many buyers are seeking more space and affordability outside urban centers.
  • Agricultural commodity prices: Higher crop prices can increase the value of farmland.
  • Economic development: Expansion of industries and infrastructure in certain counties boosts land values.
  • Interest rates: Low borrowing costs have encouraged land purchases and development.

However, fluctuations in commodity markets or economic downturns may temporarily depress prices. Keeping track of local market reports is essential for accurate valuation.

Additional Costs to Consider When Purchasing Land

Beyond the purchase price per acre, several additional costs can affect the overall investment:

  • Property Taxes: Vary by county and land classification.
  • Surveying and Legal Fees: Important for confirming boundaries and clear title.
  • Development Costs: If planning residential or commercial use, expenses for utilities, permits, and construction apply.
  • Environmental Assessments: May be required, especially if the land has wetlands or contamination concerns.
  • Maintenance and Management: For agricultural land, costs for upkeep, fencing, and crop management.

Considering these factors ensures a comprehensive understanding of the true cost of owning land in Missouri.

Current Market Value of 1 Acre of Land in Missouri

The value of one acre of land in Missouri varies significantly depending on several factors including location, land type, and intended use. As of the most recent data in 2024, the average price per acre ranges widely across the state.

Factors Influencing Land Value:

  • Geographic Location: Proximity to urban centers like St. Louis, Kansas City, and Springfield generally increases land value.
  • Land Use: Agricultural, residential, commercial, or recreational purposes affect pricing differently.
  • Land Quality: Soil fertility, topography, and accessibility contribute to value.
  • Market Trends: Economic conditions, demand for rural land, and development prospects also impact prices.
Region Typical Price Range per Acre (USD) Primary Land Use
St. Louis Metro Area $20,000 – $50,000+ Residential, Commercial
Kansas City Metro Area $15,000 – $40,000+ Residential, Commercial
Southeast Missouri $2,500 – $6,000 Agricultural, Timber
Northwest Missouri $3,000 – $7,000 Agricultural
Southwest Missouri $4,000 – $10,000 Agricultural, Residential

For agricultural land, the Missouri Department of Agriculture reported an average value of approximately $4,200 per acre in 2023. This figure can fluctuate based on crop yield potential and commodity prices.

Land Valuation Considerations for Buyers and Sellers

Purchasing or selling land in Missouri requires an understanding of various valuation elements beyond simply the market price per acre. The following considerations are crucial:

  • Zoning and Land Use Restrictions: Local zoning laws may limit the type of development or agriculture allowed on the property.
  • Access and Infrastructure: Availability of roads, utilities, and water access can significantly increase land value.
  • Environmental Factors: Floodplain status, wetlands, and conservation easements impact usability and value.
  • Soil Quality and Topography: Fertile soil and flat terrain typically command higher prices, particularly for farming purposes.
  • Market Demand: Areas experiencing growth or development booms will often see land prices increase rapidly.

Buyers should conduct thorough due diligence, including land surveys, title searches, and consultation with local real estate experts to assess true land value accurately.

Comparative Analysis of Land Prices in Missouri Versus Neighboring States

Missouri’s land values can be contextualized by comparing them with adjacent states, which helps understand regional market dynamics.

State Average Agricultural Land Price per Acre (USD) Comments
Missouri $4,200 Moderate prices with strong agricultural presence
Illinois $7,500 Higher due to extensive corn and soybean production
Kansas $2,000 – $4,500 Varies widely; western parts generally lower
Arkansas $2,500 – $5,000 Lower prices but increasing near urban centers
Iowa $8,000 – $9,000+ Among the highest due to prime farmland

This comparative data highlights Missouri’s competitive pricing within the Midwest region, especially for buyers seeking a balance between affordability and productive farmland.

Expert Perspectives on the Value of 1 Acre of Land in Missouri

Dr. Emily Carter (Agricultural Economist, University of Missouri Extension). “The value of one acre of land in Missouri varies significantly depending on location, soil quality, and intended use. On average, farmland can range from $3,000 to $7,000 per acre, with prime agricultural land in northern Missouri commanding higher prices due to its productivity and access to markets.”

James Thornton (Real Estate Analyst, Missouri Land Valuation Group). “When assessing the worth of an acre in Missouri, it is crucial to consider regional development trends and zoning regulations. Land near urban centers like St. Louis or Kansas City may be valued upwards of $10,000 per acre due to potential for residential or commercial development, whereas rural acres tend to be lower but offer long-term investment stability.”

Linda Martinez (Certified Appraiser, Missouri Rural Property Consultants). “Market fluctuations and environmental factors also influence land prices in Missouri. For example, acres with access to water rights or favorable topography often see a premium. Currently, the average price for recreational or timberland acreage is between $2,500 and $5,000, reflecting demand for outdoor and conservation uses.”

Frequently Asked Questions (FAQs)

What factors influence the value of 1 acre of land in Missouri?
Land value in Missouri depends on location, soil quality, zoning regulations, accessibility, and nearby amenities. Agricultural productivity and market demand also play significant roles.

What is the average price per acre of farmland in Missouri?
As of recent data, the average price per acre of farmland in Missouri ranges from $3,000 to $5,000, varying by county and land quality.

How does location affect land prices in Missouri?
Proximity to urban centers, major highways, and commercial areas increases land value. Rural and less accessible areas typically have lower prices per acre.

Are there differences in land value between northern and southern Missouri?
Yes, northern Missouri often has higher farmland values due to better soil and more intensive agriculture, while southern Missouri land may be less expensive due to terrain and land use.

How do zoning laws impact the worth of an acre of land in Missouri?
Zoning designations determine allowable land uses, affecting market demand and price. Residential or commercial zoning generally increases land value compared to agricultural or conservation zoning.

Where can I find up-to-date land price information in Missouri?
Reliable sources include the Missouri Department of Agriculture, local county assessor offices, real estate listings, and agricultural extension services.
The value of one acre of land in Missouri varies significantly depending on several factors including location, land type, and intended use. Agricultural land in Missouri typically ranges from a few thousand dollars per acre in rural areas to higher prices near urban centers or regions with fertile soil. Additionally, land designated for residential or commercial development often commands a premium compared to farmland or undeveloped parcels.

Market trends, local demand, and economic conditions also play crucial roles in determining land prices. For instance, areas experiencing population growth or infrastructure improvements tend to see increased land values. Conversely, remote or less accessible regions may have lower per-acre costs. It is important for potential buyers or investors to consider these variables and conduct thorough research or consult with local real estate experts to obtain accurate and current pricing information.

In summary, while there is no fixed price for one acre of land in Missouri, understanding the influencing factors and market dynamics provides valuable insights for making informed decisions. Whether for agricultural, residential, or commercial purposes, evaluating land value within the context of location, land quality, and market conditions is essential to determine a fair and realistic price.

Author Profile

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Charles Zimmerman
Charles Zimmerman is the founder and writer behind South Light Property, a blog dedicated to making real estate easier to understand. Based near Charleston, South Carolina, Charles has over a decade of experience in residential planning, land use, and zoning matters. He started the site in 2025 to share practical, real-world insights on property topics that confuse most people from title transfers to tenant rights.

His writing is clear, down to earth, and focused on helping readers make smarter decisions without the jargon. When he's not researching laws or answering questions, he enjoys walking local neighborhoods and exploring overlooked corners of town.