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South Dakota Agricultural Land Market Trends

Updated May 29, 2025

Hoanh Le

Assistant Professor & SDSU Extension Economics Research Specialist

Developed with contributions by Jack Davis, former SDSU Extension Crops Business Management Field Specialist.

Introduction

The 2025 South Dakota State University (SDSU) Extension Farm Real Estate Market Survey is the 35th annual survey of agricultural land values and cash rental rates by land use and quality in different regions of South Dakota. This report contains an overview and may or may not reflect actual land values or cash rental rates unique to specific localities or properties. Readers should use this report as a general reference and rely on local sources for specific details.