Snow covered farm field
HIGHER CONFIDENCE: Despite lower commodity prices, land prices are holding steady in eastern Nebraska. That's likely due to above average corn and soybean yields in 2018. Meanwhile, land sold online is often selling higher than land listed for sale at private treaty. This could be due to higher confidence in the land market due to other bidders bidding on the land.

Land holding steady in eastern Nebraska

Land Report: High crop yields in 2018 are likely responsible for stable farm real estate market.

Land prices in eastern Nebraska are still holding steady despite low commodity prices, BigIron Realty reports. Crop yields were above average again in 2018 and are likely responsible for holding the farm real estate market together. Land selling online is selling higher than land that is listed for sale at private treaty. One explanation may be higher confidence in the land market due to other bidders bidding on the land.

BigIron Realty of Columbus, a licensed real estate broker in eight states, compiles the reports for this column, but not all sales are handled by BigIron each month. Contact Big Iron at 800-887-8625.

The following are several of the most recent sales:

Northeast

Pierce County: 6 acres sold for $50,000. This property is a pivot corner which would make a great location to build a dream home in the country with fantastic views. — Compliments of Big Iron Realty

Pierce County: 235 acres sold at a sealed bid auction for $1,347,000. This farm consists of nice laying productive dryland crop ground and an acreage with outbuildings. — Compliments of Farmers National Co.

East

Hamilton County: 227.13 acres sold at online auction for $1,746,345. This is an exceptional high producing irrigated farm with excellent row crop production soils. There are two wells and two pivots; one is a nine-tower Valley and the other a three-tower Valley. — Compliments of BigIron Realty

Merrick County: 141 acres sold for $253,800. This farm is pasture ground with a small dugout and a pump with a gas motor for water. This great property is located just northwest of Clarks, Neb. —Compliments of BigIron Realty

North

Holt County: 155.60 acres sold at auction for $260,000. This is quality hard grass pasture ground with lots of trees for livestock protection or a potential building site. There is a machine shed and submersible well on the property. — Compliments of Farmers National Co.

Northwest

Deuel County: 161.29 acres sold for $104,000. This property has approximately 151.68 acres of dryland crop ground with the balance in a farm site. — Compliments of BigIron Realty

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