Wabash County, Illinois
2024 Land Sales Report
Land values in Wabash County continued to increase in 2024, but the early months of 2025 suggest the rapid pace may be easing.
If you’d like to get specific land values on your own property or a farm near you for 2025, please contact Ryan Kull at (812) 881-6575.
Request a Land Values ReportAverage Price of Land*
$8,429/acre
Jan. – Dec. 2024*
As high as $15,733/acre
in 2024*
Land Market Commentary & Local Trends
Overall, the average price of farmland was $8,429/acre and the price per productivity index point was $76.72 in 2024 based on the sales data. It is important to note that in 2024 there have been farmland sales as high as $15,733 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.
According to Land.com, about 1,000 acres of land were listed for sale in Wabash County, Illinois, including farms and other rural properties, with Mount Carmel offering the largest share of available land. In terms of total acreage on the market, Wabash County ranks 75th out of Illinois’ 102 counties. The county’s economy is largely driven by mining and related industries. Covering 227 square miles, Wabash County is the 98th largest in the state and is located in the Southern Illinois region.
The most recent USDA farmland census reveals that Wabash County, Illinois, is home to approximately 11,199 residents as of 2023. The county encompasses a total area of 227 square miles, with 222 square miles of land and 0.3 square miles of water. Agriculturally, the county boasts 97.7 acres of farmland, with a significant portion dedicated to crops such as corn, soybeans, and wheat. The average farm size is about 377 acres, and the county’s fertile soils contribute to its strong agricultural output. Economically, Wabash County’s agriculture is complemented by its prozimity to the Wabash River, which offers opportunities for irrigation and transportation of goods. The county’s agricultural landscape is characterized by a mix of large-scale row crop farming and smaller livestock operations.
Overview of Wabash County Agriculture
Location and Geography: Wabash County, Illinois, is located in the southeastern part of the state along the Wabash River, which forms its eastern border with Indiana. The county’s landscape is mostly flat to gently rolling farmland, with fertile soils ideal for row crops and small areas of woodland along rivers and streams.
Major Crops:
- Corn: a major crop in Wabash County, thriving in the county’s fertile soils and serving as a key commodity for grain and livestock feed.
- Soybeans: widely grown, often rotated with corn to maintain soil fertility and maximize yields.
- Wheat: cultivated in smaller amounts, providing both a marketable grain crop and a cover crop to protect soil.
- Hay: produced to support local livestock operations.
Wabash County, Illinois, has a strong agricultural presence, with a significant portion of its 227 square miles dedicated to farming. The county’s farmland is largely used for row crops, with corn and soybeans as the dominant crops, supplemented by wheat, hay, and forage crops. Livestock operations exist but make up a smaller portion of the county’s agricultural output. Many farms are family-owned and have been passed down through generations, reflecting the deep-rooted farming traditions of the area. The county’s fertile soils and favorable growing conditions support consistent agricultural production.
Demand for farmland in Wabash County remains steady, driven by both local farmers looking to expand and outside investors seeking productive land. Tracts with high-quality cropland, good access to infrastructure, or a mix of tillable land and woodland are especially sought after. The county’s agricultural landscape, combined with its strong farming community and supportive infrastructure, makes Wabash County a valuable area for both crop production and livestock operations.
History & Background of Wabash County, Illinois
County Seat: Mount Carmel
Townships: Bellmont / Coffee / Compton / Friendsville / Lancaster / Lick Prairie / Mount Carmel / Wabash
History: Established in 1824; Named after the Wabash River.
Population: 11,202
Cities & Towns: Mount Carmel / Allendale / Bellmont / Keensburg / Adams Corner / Cowling / Friendsville / Lancaster / Maud / Odgen / Rochester
Acreage: 145,920
According to the USDA National Agricultural Statistics Service (NASS), the following crop statistics have been reported for Wabash County, Illinois.
The 2022 Ag Census for Wabash County, Illinois, reported the following crop statistics:
Number of farms: 177
Land in farms (acres): 118,306
Average farm size (acres): 668
Total market value of products sold: $86,033,000
Government payments: $634,000
Farm-related income: $3,249,000
Total farm production expenses: $63,582,000
Net cash farm income: $26,335,000
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/cp17185.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
Thinking About Selling?
Need Advice?
Get the guidance, service, and professional expertise you deserve.
- Family Farm Advisory for Succession Planning
- Undivided Interests & Tenants in Common
- Farmland Management Decisions
- Auctions & Listing
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