Here’s a rural land update from the Southwest Wisconsin rural property pro, Jay Frazier:
The rural land market in SW Wisconsin made another moderate price gain during the third quarter increasing $202/acre over 2nd quarter to average $3,295 per acre. The average price-per-acre for the entire region increased 6.5% over 2nd quarter to make for an overall increase of 27.8% since December. If prices continue this trend through the 4th quarter, the land market could attain pre-bust prices by the end of the year.
MORE via SW Wisconsin Land Sales Update: Prices Continue To Climb | Southwest Wisconsin Real Estate. Chart courtesy of Jay Frazier