Howard County, Indiana
2026 Land Sales Report
For Howard County landowners, 2025 made it clear that not every farm is moving at the same pace, with standout properties separating themselves from the broader market. As 2026 progresses, location, productivity, and overall property appeal continue to shape buyer interest.
If you’d like to get specific land values on your own property or a farm near you for 2026, please contact Craig Stevenson today at (574) 870-4383
Average Price of Land*
Avg. $10,441/acre
Jan. – Dec. 2025*
As High as $18,000/acre
in 2025*
Land Market Commentary & Local Trends by Craig Stevenson
The 2025 Howard County farmland market showed a wide range of values, with sampled sales averaging $10,441/acre and $145.72 per productivity index point. Standout properties brought considerably more, with farmland sales reaching as high as $18,000 per acre.
Since 1977, the Geswein Farm & Land Team has been advising farmland landowners, and investors to make decisions based on most current, accurate, and relevant data and farming or agronomic practices in management. The information in the report and data set below 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 land. Additionally, properties sold by land brokers via auctions or listings consistently outperformed individual to individual transactions and properties sold by traditional home realtors.
Farmland in the Shadow of a Growing Employment Center
Howard County’s farmland market occupies an interesting position in Central Indiana. Agriculture remains a major part of the landscape outside Kokomo, but the county is also home to a strong manufacturing base, major employers, expanding infrastructure, and continued investment around its population centers.
That gives local farmland more than one story.
For many properties, agricultural productivity remains the primary driver of buyer interest. For others, proximity to Kokomo, major roads, utilities, and areas experiencing growth can add another dimension to the land.
The 2025 market demonstrated that distinction, while what we have experienced through 2026 continues to show why Howard County farmland should be evaluated one property at a time.
Agriculture Beyond Kokomo
Travel outside Kokomo and Howard County quickly returns to its agricultural roots.
Corn and soybeans dominate much of the rural landscape, supported by established farming operations throughout communities such as Russiaville, Greentown, and surrounding townships. The relatively open agricultural landscape allows many producers to operate efficient row-crop systems while maintaining strong connections to local grain and agricultural markets.
For farmers, additional acreage often has strategic value.
A property adjoining existing ground can reduce transportation between fields, improve equipment efficiency, and allow an operation to grow without expanding into an entirely new area. That helps keep local producers and neighboring landowners an important part of the buyer pool when farmland becomes available.
According to the USDA National Agricultural Statistics Service (NASS), the following crop statistics have been reported for Howard County, Indiana.
The 2022 Ag Census for Howard County, Indiana, reported the following crop statistics:
Number of farms: 427
Land in farms (acres): 139,488
Average farm size (acres): 327
Total market value of products sold: $137,389,000
Government payments: $372,000
Farm-related income: $4,712,000
Total farm production expenses: $99,473,000
Net cash farm income: $43,001,000
In Howard County, Location Can Change the Conversation
One of Howard County’s defining characteristics is the influence of Kokomo.
The city’s manufacturing history and employment base have long distinguished Howard County from more agriculture-dependent counties nearby. Recent investment tied to advanced manufacturing and the automotive industry has further reinforced Kokomo’s role as a regional employment center.
For farmland owners, that matters.
A farm surrounded by established agricultural operations may trade primarily on its productivity and farmability. Acreage positioned closer to Kokomo, transportation corridors, utilities, or expanding development may attract additional attention because of its location.
This creates a market where two properties with similar agricultural characteristics can have very different stories.
History & Background of Howard County, Indiana
County Seat: Kokomo
Townships: Center / Clay / Ervin / Harrison / Honey Creek / Howard / Jackson / Liberty / Monroe / Taylor / Union
History: Was originally Richardville County, named for Jean Baptiste Richardville, a chief of the Miami Tribe
Population: 83.66K
Cities & Towns: Greentown / Kokomo / Russiaville
Acreage: 187,558
The Details Behind a Farm Matter
Howard County’s market is a reminder that countywide trends only tell part of the story.
Agricultural buyers typically consider soil productivity, drainage, field shape, road access, tillable acreage, and the overall condition of a property. They may also consider how naturally the farm fits into their current operation.
These differences become particularly important when comparing average-quality ground with the county’s most desirable offerings.
A well-maintained, highly tillable farm with good access and strong neighboring ownership can generate a different level of interest than acreage requiring drainage improvements, containing fragmented fields, or carrying other limitations.
In other words, buyers are paying for the complete farm – not simply the acres on the deed.
What 2026 Has Shown Us So Far
As 2026 has progressed, Howard County’s farmland market has remained active, but buyers have had reason to approach purchases carefully.
Quality ground continues to attract attention, particularly when a property offers a combination of productivity, efficient field layout, good access, and a desirable location. At the same time, buyers are taking a closer look at whether an acquisition makes financial and operational sense rather than pursuing acreage simply because it becomes available.
That distinction has become increasingly important in the current market.
Strong farms can still stand out, but properties with limitations may require buyers and sellers to have more realistic expectations. The result is greater separation between the properties that check nearly every box and those that require compromise.
Kokomo’s Growth Adds Another Layer
Howard County’s economy continues to evolve alongside its agricultural base.
Kokomo’s automotive and manufacturing sector has experienced significant investment in recent years, including large-scale battery manufacturing development. That activity brings jobs, infrastructure investment, and additional economic activity into the county.
For most farmland, farming will remain the highest and most practical use. But continued economic investment can gradually influence surrounding land patterns, particularly near existing development and infrastructure.
This is why Howard County landowners should understand not only the agricultural characteristics of their property, but also its position within the county’s broader growth pattern.
Howard County’s Local Pulse
Manufacturing and Farming Share the County
Howard County is unusual in having both a recognizable agricultural landscape and a major manufacturing center. Those two economic forces give the county a land market that can vary considerably depending on location.
Local Farmers Still Drive Agricultural Demand
Outside the growth areas, established producers remain an important source of demand. Farms located near existing operations can be especially appealing when they offer an opportunity for logical expansion.
Access Matters
Howard County’s road network and connections to surrounding markets can influence both farming efficiency and long-term property appeal. Good road frontage and convenient access remain valuable characteristics for agricultural buyers.
Premium Farms Can Separate From the Pack
The strongest properties are not necessarily representative of every farm in the county. Productivity, drainage, tillable percentage, configuration, improvements, and location can create significant differences in buyer interest.
What Could Influence the Rest of 2026?
For the remainder of 2026, Howard County’s farmland market will likely continue rewarding properties that offer quality and a clear reason to own them.
For a farmer, that reason may be strong productivity or the opportunity to add neighboring acreage. For another buyer, location near Kokomo or future growth may add to a property’s appeal.
Buyers are likely to remain thoughtful, making individual property characteristics increasingly important when farmland reaches the market.
Looking Ahead
Howard County farmland exists between two powerful parts of the local economy: agriculture and manufacturing.
Neither tells the complete story on its own.
Across the county’s rural areas, farmland continues to be valued for what it can produce and how efficiently it can be incorporated into an existing operation. Closer to Kokomo and expanding infrastructure, location can introduce an entirely different set of considerations.
As 2026 continues, that contrast will remain important. For Howard County landowners, understanding both the agricultural strengths of a property and its place within the county’s changing landscape will be key to understanding its position in the market.
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 5 October 2026.
Source 2:
“USDA.” 2022 Census of Agriculture County Profile, www.nass.usda.gov/Publications/AgCensus/2022/Online_Resources/County_Profiles/Indiana/cp18029.pdf. Accessed 5 October 2026.
*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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