Warren County, Indiana
2024 Land Sales Report
Land values in Warren County continued their upward trajectory through 2024, though early signs in 2025 suggest the market may be entering a more stable phase.
If you’d like to get specific land values on your own property or a farm near you for 2025, please contact Johnny Klemme today at (765) 427-1619
Average Price of Land*
$11,751/acre
Jan. – Dec. 2024*
As High as $16,969/acre
in 2024*
Land Market Commentary & Local Trends
Overall, the average price of farmland in our sampled data report from January – December of 2024 was $11,751/acre and the average price per productivity index point was $154.68 based on the below sampled data. It is important to note that in 2024 there have been farmland sales as high as $16,969 per acre.
Since 1977, the Geswein Farm & Land Team has been advising landowners to be stewards of the land and make decisions based on most current, accurate, and relevant data. The information in this report can provide you with a rough estimate of your property’s value; however, understanding the specific characteristics of your property and how they compare to the other sales will provide the most accurate value of your property. Additionally, properties sold by land brokers via auctions or listings consistently outperformed individual to individual transactions and properties sold by traditional home realtors.
By The Numbers
Recently, the total value of land listings in Warren County, Indiana, on Land.com approached $11 million, covering about 1,000 acres of farmland, hunting grounds, and other rural properties. Warren County ranks 84th in Indiana for the total volume of land currently for sale, with Otterbein featuring the highest number of available rural properties. The county supports a robust agricultural economy, home to 413 farms as recorded in the latest U.S. Census. These farms collectively generate around $9 million annually, primarily from crop production. Located in western Indiana, Warren County spans approximately 366 square miles, making it the 67th largest county in the state.
The most recent USDA farmland census reveals that Warren County has approximately 204,198 acres of farmland. The county’s average farm size is around 485 acres, with over 421 farms operating within its borders. Corn and soybeans are the predominant crops, contributing significantly to the local agricultural economy. The census also indicates that the majority of farm operators in Warren County are family-owned businesses, emphasizing the importance of agriculture to the community’s heritage and economy.
Overview of Warren County Agriculture
Location and Geography: Warren County, Indiana is located in the west central part of the state along the Illinois border, characterized by gently rolling plains and fertile farmland typical of the Wabash River Valley region.
Major Crops:
- Corn: The leading crop, primarily used for livestock feed, ethanol production, and export.
- Soybeans: A close second to corn in acreage, used for oil, animal feed, and industrial applications.
- Wheat: Grown in smaller quantities but still part of the county’s rotation to maintain soil health.
Agriculture is a cornerstone of the economy in Warren County, Indiana, with vast stretches of fertile, flat to gently rolling farmland making it ideal for row crop production. Corn and soybeans dominate the landscape, reflecting both the county’s rich soil composition and its integration into national and global commodity markets. Family-owned and corporate farms alike utilize modern, high-efficiency equipment and precision farming practices to maximize yield and profitability.
The market for agricultural land in Warren County remains strong, driven by consistent crop performance, demand from local and out-of-state investors, and relatively low land turnover. With farmland in Indiana among the most productive in the U.S., Warren County continues to be a sought-after location for both farming operations and ag-based investment.
History & Background of Warren County, Indiana: Home to Indiana’s Highest Waterfall
County Seat: Williamsport
Townships: Adams / Jordan / Kent / Liberty / Medina / Mound / Pike / Pine / Prairie / Steuben / Warren / Washington
History: Warren County is named for Dr. Joseph Warren: a Revolutionary war Commander killed at the Battle of Bunker Hill in 1775
Population: 8,461
Cities & Towns: Pine Village / State Line City / West Lebanon / Williamsport
Acreage: 234,413
According to the USDA National Agricultural Statistics Service (NASS), the following crop statistics have been reported for Warren County, Indiana.
The 2022 Ag Census for Warren County, Indiana, reported the following crop statistics:
Number of farms: 421
Land in farms (acres): 204,198
Average farm size (acres): 485
Total market value of products sold: $216,652,000
Government payments: $1,820,000
Farm-related income: $11,007,000
Total farm production expenses: $145,290,000
Net cash farm income: $84,189,000
Sources / Citations:
Source 1:
“United States Department of Agriculture.” USDA, www.nass.usda.gov/Statistics_by_State/Indiana/Publications/County_Estimates/index.php#:~:text=Access%20Quick%20Stats%20Lite,to%20NASS%20Surveys%20and%20Programs. Accessed 16 June 2025.
Source 2:
“USDA.” 2022 Census of Agriculture County Profile, www.nass.usda.gov/Publications/AgCensus/2022/Online_Resources/County_Profiles/Indiana/cp18171.pdf. Accessed 16 June 2025.
*The transaction and land sales data/information contained in this report was obtained from publicly available sources and sales disclosures deemed accurate and reliable but not guaranteed, no liability for accuracy, errors or omissions is assumed by Geswein Farm & Land Realty, LLC
Thinking About Selling?
Need Advice?
With our full-time experienced team, you’ll get our ‘boots on the ground’ work ethic paired with the latest in digital technology & national marketing reach – for best-in-class service and results.
Because you deserve more value.
Contact Us