Allen County, Indiana
2024 Land Sales Report
In 2024, Allen County continued its trend of rising land prices, though current indicators in 2025 suggest the market may be reaching 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 Brock Solmos at (574) 360-5520.
Request a Land Values ReportAverage Price of Land*
$13,363/acre
Jan. – Dec. 2024*
As high as $23,824/acre
in 2024*
Land Market Commentary & Local Trends
Overall, the average price of farmland was $13,363/acre and the price per productivity index point was $200.06 in 2024 based on the sales data. It is important to note that in 2024 there have been farmland sales as high as $23,824 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 2,000 acres hit the market in Allen County, making up a significant chunk of rural real estate listings in the area. In fact, Allen County ranks second out of Indiana’s 92 counties for the total amount of land currently advertised for sale. Fort Wayne leads the way within the county when it comes to available farms, hunting properties, and other rural acreage. As the largest county in Indiana—spanning 660 square miles—Allen County sits in the eastern part of the state and continues to be a hotspot for land buyers.
The most recent USDA farmland census reveals that Allen County, Indiana, is home to 1,497 farms, covering a substantial 329,722 acres of farmland–a healthy 17% increase since 2017. The average farm size has grown too, now measuring around 220 acres. Cropland makes up the vast majority of that acreage–nearly 304,000 acres–with smaller portions dedicated to pasture, woodland, and other uses. Farmers are increasingly embracing conservation practices, with about 36% using no-till, 25% opting for reduced tillage, 24% using intensive tillage, and 8% planting cover crops to preserve soil.
Overview of Allen County Agriculture
Location and Geography: Allen County is located in northeastern Indiana, bordering Ohio to the east and serving as a key economic and population center for the region. The county features a mix of flat to gently rolling terrain, fertile farmland, and is drained by several rivers, including the St. Mary’s, St. Joseph, and Maumee Rivers, which converge in its largest city, Fort Wayne.
Major Crops:
- Corn: a major crop, widely planted for both grain and livestock feed due to the county’s rich soils and strong market demand.
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- Wheat: also grown, though on a smaller scale, and is typically used for both commercial grain sales and cover cropping purposes.
Agriculture plays a vital role in Allen County, Indiana, where nearly 330,000 acres are dedicated to farming across almost 1,500 operations. The county’s fertile land supports a strong rotation of corn and soybeans, with wheat also contributing to the mix. Farmers in the region have increasingly adopted conservation practices like no-till and cover cropping to maintain soil health and improve long-term productivity. With a mix of traditional family farms and more modern agribusiness operations, Allen County’s agricultural scene reflects both deep-rooted heritage and innovation
The demand for land in Allen County remains steady, driven by both its agricultural value and its location as a growing hub in northeastern Indiana. Fort Wayne’s continued expansion has added interest in land that sits at the intersection of rural charm and urban accessibility. As a result, farmland and rural properties in the area often draw attention from local producers looking to scale as well as outside buyers seeking recreational land, homesites, or investment opportunities.
History & Background of Allen County, Indiana
County Seat: Fort Wayne
Townships: Aboite / Adams / Cedar Creek / Eel River / Jackson / Jefferson / Lafayette / Lake / Madison / Marion / Maumee / Milan / Monroe / Perry / Perry / Pleasant / Scipio / Springfield / St. Joseph / Washington / Wayne
History: Established in 1824; Named for Colonel John Allen, an officer killed in the War of 1812.
Population: 385,410
Cities & Towns: Fort Wayne / New Haven / Woodburn / Grabill / Huntertown / Leo-Cedarville / Monroeville / Zanesville
Acreage: 420,700
According to the USDA National Agricultural Statistics Service (NASS), the following crop statistics have been reported for Allen County, Indiana.
The 2022 Ag Census for Allen County, Indiana, reported the following crop statistics:
Number of farms: 1,497
Land in farms (acres): 329,722
Average farm size (acres): 220
Total market value of products sold: $310,503,000
Government payments: $2,078,000
Farm-related income: $9,733,000
Total farm production expenses: $222,995,000
Net cash farm income: $99,320,000
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/cp18003.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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