undefined Agriculture Overview

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North Carolina has a rich agricultural history that continues to thrive and remains as one of the state’s largest industries. It is one of the largest exporters in the United States for several commodities including Tobacco, Pork, Poultry, and Cotton. Several other crops are major contributors to their agricultural output including Sweet Potatoes, Peanuts, as well as Greenhouse and Nursery products. As of 2017, 8.4 million acres in North Carolina is classified as agricultural land, 27% of the state's land area, with a total of more than 46,000 farms.

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Farmland Prices

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north carolina Farmland Prices

Over the last 20 years, the price of farmland per acre in the north carolina has risen by an average of 3.2% per year to $4,180 per acre as of 2019. This represents an increase of $1,830 per acre of farmland over this time period.

The values shown here only represent farmland appreciation. To view total farmland returns, including cash rent and land appreciation, see the Farmland Returns section.

$4,180

Current Price Per Acre

Value per Acre

Source: USDA

Created with Highcharts 7.2.019971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019$ 0$ 1000$ 2000$ 3000$ 4000$ 5000Highcharts.com

3.2%

Average Land Appreciation

Year Over Year Change (%)

Source: USDA

Created with Highcharts 7.2.019971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019-12 %-6 %0 %6 %12 %18 %Highcharts.com

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Additional Documents

If you are interested in seeing a list of documents that are helpful for selling your farm, please download it here.

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