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Cumberland County, Illinois
2024 Land Sales Report

Cumberland County experienced another year of rising land values in 2024, although 2025 is showing signs of a more balanced and stable market.

If you’d like to get specific land values on your own property or a farm near you for 2025, please contact Matt Rhodes at (217) 251-7067 or Kyle Ogden at (217) 369-3306.

Request a Land Values Report

Average Price of Land*

$10,503/acre
Jan. – Dec. 2024*

As high as $15,030/acre

in 2024*

Land Market Commentary & Local Trends

Overall, the average price of farmland was $10,503/acre and the price per productivity index point was $104.37 in 2024 based on the sales data. It is important to note that in 2024 there have been farmland sales as high as $15,030 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, about $4 million worth of land—covering nearly 1,000 acres—was listed for sale in Cumberland County, Illinois. Compared to other counties in the state, Cumberland ranks toward the lower end, sitting at 95th out of 102 for the total acres currently on the market. Within the county, Greenup stands out as the city with the most farms, rural land, and hunting properties available. Cumberland County itself is fairly mid-sized, ranking 85th in Illinois with an area of 346 square miles, and it’s located right in the heart of Central Illinois.

 

 

The most recent USDA farmland census reveals that Cumberland County, Illinois, provides a detailed snapshot of local farming in 2022. The county had 296 farms covering a total of 42,184 acres. These farms produced a variety of crops, including corn, soybeans, and wheat, as well as livestock such as cattle and hogs. The market value of agricultural products sold in Cumberland County was approximately $42 million, with a significant portion coming from crop sales. The county’s agricultural landscape is characterized by a mix of small and large farms, with many operations focusing on row crops. Additionally, Cumberland County has seen a slight increase in the number of farms compared to previous years, indicating a steady interest in agriculture within the region.

 

 

Overview of Cumberland County Agriculture

 

Location and Geography: Cumberland County is located in the southeastern part of Central Illinois and covers about 346 square miles. The county features mostly flat to gently rolling farmland, typical of the region’s agricultural landscape.

 

Major Crops:

 

  1. Corn: primary crop in Cumberland County, widely grown for grain and livestock feed.
  2. Soybeans: also extensively cultivated, playing a key role in the county’s crop rotation and economy.
  3. Wheat: often used as a rotational crop to improve soil health and diversify farm production.

 

Cumberland County, Illinois, has a well-established agricultural community focused primarily on row crops like corn, soybeans, and wheat. The county’s fertile, gently rolling farmland supports a mix of both small and larger-scale farming operations. Alongside crop production, livestock such as cattle and hogs are also important to the local agricultural economy. Over recent years, the number of farms in Cumberland County has remained steady or grown slightly, reflecting a sustained commitment to farming in the region.

 

This strong agricultural foundation shapes the demand for land in Cumberland County, where farmland remains sought after by both established farmers and newcomers looking to invest in agriculture. With a variety of farm sizes available, the land market offers opportunities for expansion as well as entry-level farming. Greenup, in particular, stands out as a key area with a higher concentration of farms and rural properties on the market. Overall, the county’s productive soils and consistent farming community keep the rural land market active and stable.

 

History & Background of Cumberland County, Illinois

 

County Seat: Toledo

Townships: Cottonwood / Crooked Creek / Greenup / Hazel Dell / Indian Point / Jersey / Spring Point / Union / Woodbury

History: Established in 1823; Named after the Cumberland Road, a major early highway.

Population: 10,450

Cities & Towns: Toledo / Greenup / Casey / Neoga

Acreage: 221,440

 

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

The 2022 Ag Census for Cumberland County, Illinois, reported the following crop statistics:

 

Number of farms: 686

Land in farms (acres): 161,892

Average farm size (acres): 236

Total market value of products sold: $164,632,000

Government payments: $3,368,000

Farm-related income: $6,184,000

Total farm production expenses: $122,285,000

Net cash farm income: $51,899,000

 

 

Sources / Citations:

 

Source 1:

“United States Department of Agriculture.” USDA, www.nass.usda.gov/Statistics_by_State/Illinois/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/Illinois/cp17035.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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