The average market value of an acre of farmland in Michigan increased by 120% between 2002 and 2022. That’s an increase of $3,212 per acre, with the statewide average value going from $2,667 an acre ...
As U.S. farmland values hit a record high last year, Michigan saw the biggest spike in the country. The average value of Michigan agricultural land went from $6,310 to $6,800 an acre, federal data ...
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