Oklahoma and Kansas land trends 2025 indicate notable shifts in market demand, pricing, and sales activity. In Central Oklahoma, the average days on market (DOM) for land listings have increased to 48 days, up from 33 days in January 2024, indicating a 45.7% year-over-year rise.

Conversely, in Eastern Oklahoma, land properties are selling more swiftly, with an average DOM of 36 days. The average price of farmland in Oklahoma as of 2023 stood at $2,050 per acre, marking a 5.7% increase from the previous year. In Eastern Oklahoma, land properties have an average listing price of $603,870.

Financing options for land purchases in Oklahoma vary:
  • Mabrey Bank: Offers a three-year fixed interest rate loan with up to 100% loan-to-value ratio, a minimum of 20 acres, and up to a 25-year amortization period. mabreybank.com
  • Oklahoma AgCredit: Provides loans with a 6.16% annual percentage rate (APR) for a 30-year term, requiring a 15% down payment. okagcredit.com
  • Communication Federal Credit Union: Offers land loans with a fixed rate of 7.50% APR for terms up to 15 years, financing up to 80% of the appraised value or purchase price.
Looking ahead to the spring 2025 market, several factors are poised to influence land sales in Oklahoma:
  • Interest Rates: With current land loan interest rates ranging from approximately 6.16% to 7.50%, potential fluctuations could impact buyer affordability and demand.
  • Agricultural Trends: The 5.7% increase in farmland prices as of 2023 suggests a robust agricultural sector, which may continue to attract investors seeking arable land.
  • Regional Development: The quicker sales in Eastern Oklahoma indicate heightened demand, possibly due to regional development projects or desirable land features.

The Kansas land market is exhibiting notable regional trends as we advance into 2025. In Central Kansas, the average days on market (DOM) for land listings have increased to 52 days, up from 39 days in January 2024, representing a 33% year-over-year rise.

In contrast, Eastern Kansas continues to experience robust demand, with land properties averaging 40 days on the market, indicating sustained buyer interest.

The average price of farmland in Kansas as of 2024 was $2,970 per acre, reflecting an 8% increase from the previous year. Specifically:

  1. Cropland: Averaged $3,300 per acre, a 7% rise from 2023.

  2. Irrigated Cropland: Valued at $4,460 per acre, up $240 from the prior year.

  3. Dryland Cropland: Averaged $3,200 per acre, an increase of $220.
  4. Pastureland: Valued at $2,100 per acre, up $170 from 2023.

In Eastern Kansas, cropland values have shown significant appreciation. The average sale price for cropland in this region in 2024 was $6,311 per acre, marking a 10.1% increase from 2023. Notably, in the fourth quarter of 2024, the average per-acre price reached $7,292.

Prospective land buyers in Kansas have access to various financing options:
  • Frontier Farm Credit: Offers long-term fixed-rate loans up to 30 years, with competitive rates and flexible payment options tailored to agricultural needs. They also provide rate conversion opportunities if market rates decrease. Learn more
  • Kanza Bank: Provides agricultural land loans with competitive annual percentage rates (APRs) and flexible repayment terms. Specific rates and terms are subject to change; it’s advisable to contact the bank directly for current offerings. Learn more
  • American AgCredit: Offers long-term land financing with rates starting at competitive APRs for terms up to 30 years, typically requiring a 15% down payment. Specific rates and terms may vary, so direct consultation is recommended. Learn more
Several factors are anticipated to influence Kansas land sales in the upcoming months:
  • Interest Rates: Current land loan interest rates vary based on the lender and loan terms. Potential fluctuations could impact buyer affordability and overall market activity.
  • Agricultural Trends: The consistent rise in farmland values underscores ongoing investment in the agricultural sector, positioning Kansas land as an attractive asset for both farmers and investors.
  • Regional Growth: The accelerated sales and increasing land values in Eastern Kansas suggest heightened demand, possibly driven by urban expansion, infrastructure developments, or favorable agricultural conditions.

Prospective buyers and sellers should stay informed about Oklahoma & Kansas land trends and consult with local real estate professionals to navigate the evolving market effectively. Contact Us