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Porter County, Indiana
2024 Land Sales Report

In Porter County, Indiana, average price per acre climbed steadily through 2024, but current trends suggest the market is beginning to stabilize as we enter 2025.

If you’d like to get specific land values on your own property or a farm near you for 2025, please contact Craig Stevenson today at (574) 870-4383.

Request a Land Values Report

Average Price of Land*

$13,252/acre
Jan. – Dec. 2024*

As high as $19,834/acre

in 2024*

Land Market Commentary & Local Trends

Overall, the average price of farmland was $13,252/acre and the price per productivity index point was $193.22 in 2024 based on the sales data. It is important to note that in 2024 there have been farmland sales as high as $19,834 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

According to Land.com, if you’re looking at farms and rural land for sale in Porter County, Indiana, there’s a lot going on right now. The total value of available properties recently hit $149 million, spread across about 1,600 acres. That puts Porter County sixth out of Indiana’s 92 counties when it comes to land listed for sale. Valparaiso stands out as the area with the most rural land on the market. The county itself is one of the ten largest in the state, covering 521 square miles in northern Indiana. Its economy is driven mostly by manufacturing and related industries.

 

The most recent USDA farmland census reveals that in Porter County, the agriculture scene is fairly diverse. The county is big on cropland, with a healthy mix of pastures, woodland, and animal farming. There are 462 farms, covering about 122,000 acres – around 105,600 acres of cropland, plus another 1,300 acres of permanent pasture, and nearly 4,700 acres of woodland tucked in there too. When it comes to animals, local farmers are raising a modest herd – about 2,000 cattle and calves, 1,500 egg-laying hens, roughly 380 hogs and pigs, nearly 250 sheep and lambs, and around 214 broiler or meat chickens. These numbers reflect a community balancing both crop and livestock operations.

 

Overview of Porter County Agriculture

 

Location and Geography: Porter County is located in northwestern Indiana, along the southern shore of Lake Michigan. Its geography features a mix of farmland, forests, sand dunes, and wetlands, including part of the Indiana Dunes National Park.

 

Major Crops:

 

  1. Corn: One of the county’s leading crops, covering thousands of acres each year for both grain and silage production.
  2. Soybeans: Widely planted across Porter County and often rotate with corn to maintain healthy soil and strong yields.
  3. Hay: Commonly grown to support the county’s livestock operations, providing essential forage throughout the year.
  4. Tomatoes: Cultivated on a smaller scale in Porter County, often as part of diversified vegetable farming.
  5. Vegetables: Sweet corn, pumpkins, and peppers are also produced locally, especially for farm markets and direct-to-consumer sales.

 

Porter County’s agriculture is deeply rooted in row-crop production, with corn and soybeans taking up roughly 70-80% of its farmland. These are frequently rotated to maintain soil health. Beyond those staples, farmers also grow hay to support local livestock, plus smaller specialty crops like tomatoes and other vegetables sold at markets and directly to consumers. The county’s sandy soils coupled with periodic irrigation help support strong yields in corn, despite sometimes challenging spring weather conditions.

 

Meanwhile, the market for farmland has been particularly competitive. Across Indiana, including Porter County, farmland values hit record highs in 2024 – driven by strong demand, limited supply, and growing interest in converting land to non-agricultural uses like housing and development. Local farm auctions even set county-specific per-acre price records, reflecting how coveted even modest farm parcels have become. In short, there’s healthy demand – and a bit of competition – for every acre, driven by both agricultural and development pressures.

 

History & Background of Porter County, Indiana

 

County Seat: Valparaiso

Townships: Boone / Center / Jackson / Liberty / Morgan / Pine / Pleasant / Portage / Porter / Union / Washington / Westchester

History: Founded in 1836; named after Commodore David Porter, a naval hero from the War of 1812

Population: 176,000

Cities & Towns: Beverly Shores / Burns Harbor / Chesterton / Dune Acres / Hebron / Kouts / Ogden Dunes / Porter / Town of Pines / Valparaiso

Acreage: 333,440

 

According to the USDA National Agricultural Statistics Service (NASS), the following crop statistics have been reported for Porter County, Indiana.

The 2022 Ag Census for Porter County, Indiana, reported the following crop statistics:

 

Number of farms: 462

Land in farms (acres): 122,238

Average farm size (acres): 265

Total market value of products sold: $101,951,000

Government payments: $1,533,000

Farm-related income: $3,290,000

Total farm production expenses: $81,571,000

Net cash farm income: $25,202,000

 

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 2 July 2025.

 

Source 2:

“USDA.” 2022 Census of Agriculture County Profile, www.nass.usda.gov/Publications/AgCensus/2022/Online_Resources/County_Profiles/Indiana/cp18127.pdf. Accessed 2 July 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

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