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Heat check…land prices

So ive really been into OH, IL and KS lately. Here are some random recent shares

seOH values (4-5k) havent even blipped despite the crazy 60-80% ehd kill off. Noting more and more fresh turn key approaches in central and NE portions of the state (box, water hole, logged, clearing gone plot) for 6-8k on 60ac or less. Some of these are just lousy for access or obvious problems. Not many listing and a sellers market. If it has sat more than a month....maybe even two weeks....theres a reason. My realtor buddy says he will typically get less calls for a listing when it is for sale then after it is pending or contingent.

IL remains hot. Similar to above North of I70 is 6-8k all day and the turn key (esp w antlers on the sign) stuff being 8-10k. Less problem pieces than OH but the majority have a chink in the armor with layout or access. CWD sharpshooting and increasing invasives presence havent slow things much....nor have the vocal cries of declining quality. It just dawned on me how similar things were between OH and Il.....and that will continue with sIL, also graced with EHD (but not like seOH) being in that 4-6k range with pics guiding the prices to the higher or lower end of the spectrum., A difference here is the waterfowl attraction seems to bring some quality attention and dollars....esp along the river. Also not many listings and a sellers market.

KS is a 1/3 times 3 state- west, central, east...with a horizontal slice through the center having a north/south sub division in each. SE KS has the most sales, moslty 50-80ac chunks around 4-5k with 5-6 for turnkey. NE is 6-10k is the most expensive....but depends on if there is a building opportunity or water feature. Central halves are also 3500-4k for raw land and 4-5k if it has good deer or a water feature, most parcels in the 80-60ac range and western is all over the board based on water and cover availability with 2500-5k stemming from CWD affected flat arid ag, grassland/grazing to nicer hunting opps with a water feature. SE is where more than half of the blue collar listings are.....and its a pretty balanced market. If it is a good listing they fly in under a week, a warm or dud listing even if priced cheap.....could be two months.

Of the three, I would say that each has pockets too...while this sounds obvious a 5mi ride to a different better hunting neighborhood could bring 1-2k more per ac easy. I think counties are the easy blanket labeling but theyre far too big....and this is where the savvy buyers will succeed. Another random- but obvious fact- is deer pics drive up sales prices and reduce sales time.

Summary- land is hotter than ever....i bet we see 1k added on each of these in spring of 2027...... but 4-6k is norm for needs work rec/habitat ground, 6-8k if they did some things and 8-10k if you truly dont have to do much and there are big deer there and hopes to build a nice place on it.
 
Yeah I havent seen anything but rocket fuel up. A 400 ish piece in my county just got listed for $6200/acre last week. That is two tracts away from where I bought for $1750 8 years ago. Granted it has some row crop but my county isn’t exactly Illinois for crop yields. Additionally it has no infrastructure
 
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Yeah I had the same thought about it being broken up by necessity. I watched the 7 minute video. They kinda mentioned how the single owner spent 30 yrs piecing it all together. Wasnt made clear if it was an outfitter, but possibly it wasn't?? Maybe Don JR could take a swing at it, haha.

I looked up the llc / trust and it looks like a very successful local business owner own the land and passed away. I know he owned a hunting store in Quincy called game masters. Not sure if he had an outfitting business also, wouldn't surprise me if he did. I first thought it was hadley creek outfitters. Not a big buyer pool for a 40 million dollar property. I think the state of Illinois should buy it :)


I finally closed on 52 acres in Iroquois county paid 5750 per acre for ugly creek bottom with a flooded tillable field ( tract 6 and 7) , but it's only about 90 mins from my house.

 
Congrats on the farm purchase! Looks like a sleeper spot no doubt. Lotta stand sight options. You still on your southern IL piece or sent down the road?
 
A car salesman!! I knew it! That's how ya get ahead in this world, lol
 
Congrats on the farm purchase! Looks like a sleeper spot no doubt. Lotta stand sight options. You still on your southern IL piece or sent down the road?
I sold my southern il farm. I came to the realization anything over 3 hours away is too long of a drive for me.
 
I could do a land tour if anyone is interested? I’ll be working with a habitat guru on this one. He’s part owner. He knows his stuff !
Please! Congrats on the purchase 🥳 Sounds like a nice set up that you can really add to.
 
Yeah, if anything prices have been coming down. A neighbor of mine is a Whitetail Properties broker. He is saying there are better deals now than in the last several years, but they typically don't last long. It seems like people are getting a better sense of what their land is worth and the deals are harder to find and the ones that are "over-priced" sit on the market for awhile and then end up coming down in price anyways.

I wish prices would come down around here.
Anything within 3 hours of the Dallas/Fort Worth metroplex is still climbing. The area just has too many transplants with California money driving up prices. I am utterly astounded by prices in the area I grew up these days. Prices are so high, I won’t be able to afford to buy out my sister’s 2/3s of the family farm.


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