Kingdom of Callaway - Fulton, Mo 65251 | In 1819, the 260 acre farm i live on was purchased for $1.50 an acre.
In 1954 my dad bought the same 260 acre farm for $50.00 an acre on a G.I. Bill loan.
In 1988, I passed on a neighbors 450 acre cattle farm at $800.00 an acre. Couldn't make it work. It has 15-20 houses on it now.
In 2000 a neighbors 320 acre farm sold for $2300.00 an acre.
In 2024 I bought 114 acres next to me for $5,300.00 an acre.
Another 70 acre farm next to all these other ones just sold for $7,900.00 an acre. Guy plans to sell housing lots. |
$92 per acre farmland - how much is your grandpas farm worth?
