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Marshall County, Illinois
2026 Land Sales Report

After another solid year for farmland values in 2025, Marshall County continues to benefit from strong interest in high-quality cropland. Looking ahead to 2026, the market appears positioned for steadier pricing as buyers become more selective at current value levels.

If you’d like to get specific land values on your own property or a farm near you for 2026, please contact Jeremy Thompson today at (815) 351-5572.

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Average Price of Land*

$13,704/acre
Jan. – Dec. 2025*

As high as $15,881/acre

in 2025*

Land Market Commentary & Local Trends

The Marshall County farmland market remained active in 2025, posting an average sale price of $13,704 per acre and $99.61 per productivity index point. While these figures reflect the overall market, several notable transactions reached as high as $15,881 per acre, demonstrating continued demand for quality farmland.

 

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

Marshall County in 2025: Productive Ground Continues to Command Attention

 

Marshall County’s farmland market remained resilient throughout 2025, reinforcing the county’s reputation as one of north-central Illinois’ productive agricultural regions. While farmland markets across the Midwest entered a more measured phase compared to the rapid appreciation experienced in recent years, buyers continued to show strong interest in quality farms capable of delivering consistent production.

 

Unlike markets influenced by major metropolitan expansion, Marshall County’s farmland values remain closely connected to agricultural fundamentals. Productivity, farmability, drainage, and operational efficiency continued to be the primary factors driving buyer interest throughout the year.

 

What stood out in 2025 was the market’s continued willingness to reward quality. Farms with strong agronomic characteristics attracted the most competitive attention, while buyers became increasingly selective when evaluating properties with operational limitations. This trend mirrors what many agricultural professionals have observed across Illinois: the market remains healthy, but buyers are placing greater emphasis on long-term performance rather than simply adding acres.

 

Why Marshall County Continues to Attract Buyers

 

Marshall County benefits from a combination of productive farmland, established farming operations, and a location that provides access to regional grain markets and transportation networks. Agriculture remains one of the county’s defining economic drivers, and that connection continues to support long-term demand for quality farmland.

 

The county’s landscape includes highly productive row-crop acreage, much of which has benefited from generations of drainage improvements and stewardship. As a result, many buyers continue viewing Marshall County as a place where agricultural value remains grounded in production potential rather than speculative influences.

 

Throughout 2025, buyers consistently focused on soil productivity & consistency, drainage & water management, field efficiency & accessibility, long-term yield performance, and opportunities for operational expansion.

 

These characteristics remained central to purchasing decisions as operators evaluated how each farm fits within their existing operations.

 

The Gap Between Good Farms and Great Farms

 

One of the clearest themes from the 2025 market was the growing distinction between average-quality farmland and truly exceptional tracts.

 

Premium farms continued attracting strong competition because they offer advantages that become increasingly important when margins tighten. Highly productive soils, efficient field layouts, and strong drainage systems allow operators to maximize returns and reduce operational challenges.

 

Average-quality tracts still generated interest, but buyers often approached them with greater scrutiny. As financing costs and input expenses remain important considerations, farm-specific characteristics have become increasingly important in determining how aggressively buyers pursue a property.

 

For landowners, this trend highlights the continued importance of stewardship and long-term investment in farm improvements.

 

History & Background of Marshall County, Illinois

 

County Seat: Lacon

 

Townships: Benton / Bennington / Evans / Henry / La Prairie / Richland / Roberts / Steuben / Saratoga / Toluca / Varna / Whitefield

 

History: Established in 1839, named after Chief Justice John Marshall, and has evolved from Native American lands into a region rich in agricultural and historical heritage.

 

Population: 11,742

 

Cities & Towns: Broadmoor / Camp Grove / Custer / Evans / Henry / Hopewell / La Rose / Lacon / Lawn Ridge / Pattonsburg / Porterfield / Saratoga Center / Sparland / Toluca / Varna / Washburn / Wenona / Willbern

 

Acreage: 255,360

 

 

County Spotlight: What’s Happening in Marshall County?

 

The Illinois River Remains a Defining Feature

 

The Illinois River continues to play a significant role in shaping Marshall County’s identity. Beyond its historical importance, the river corridor supports recreation, tourism, conservation efforts, and transportation connections that contribute to the county’s broader economic landscape.

 

Lacon’s Ongoing Community Investment

 

As the county seat, Lacon remains a focal point for community development and local services. Investments in public spaces, community amenities, and local businesses continue supporting quality of life throughout the county.

 

Agriculture and Conservation Working Together

 

Marshall County has long balanced productive agriculture with conservation initiatives, particularly in areas influenced by the Illinois River and surrounding natural resources. Conversations surrounding soil health, water quality, and sustainable land management continue gaining attention among both producers and landowners.

 

Rural Stability Remains a Strength

 

While some regions are experiencing rapid development and changing land use patterns, Marshall County continues to benefit from a stable agricultural landscape. This consistency remains attractive to operators seeking long-term investment opportunities and productive acreage.

 

 

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

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

 

Number of farms: 491

 

Land in farms (acres): 206,667

 

Average farm size (acres): 421

 

Total market value of products sold: $196,902,000

 

Government payments: $1,675,000

 

Farm-related income: $7,892,000

 

Total farm production expenses: $130,104,000

 

Net cash farm income: $76,365,000

 

What Early 2026 Trends Are Telling Us

 

The first quarter of 2026 has suggested that many of the trends observed during 2025 remain firmly in place.

 

Buyers continue to be active, but they are also highly disciplined. Quality farms remain the most sought-after properties, while purchasers are carefully evaluating farm-specific characteristics before making decisions. Agricultural lenders, operators, and investors alike appear focused on long-term profitability and operational efficiency.

 

Several themes emerging early in 2026:

 

Strong demand for highly productive farmland

 

Continued emphasis on drainage and field efficiency

 

Greater selectivity among buyers

 

Limited inventory supporting competition for quality tracts

 

Ongoing interest from established local operators

 

 

While market conditions may evolve throughout the remainder of the year, the opening months of 2026 suggest that quality farmland continues to hold a strong position in the marketplace.

 

Looking Ahead to the Rest of 2026

 

As the year progresses, Marshall County landowners should continue monitoring several key factors:

 

 

Commodity price performance

 

Farm profitability and input costs

 

Interest rate trends

 

Local farmland inventory levels

 

Demand from both operators and investors

 

 

One question that will likely shape the market moving forward is whether the supply of available farmland remains limited. In areas where ownership tends to be long-term and family-oriented, even a small increase in available listings can influence competition and pricing behavior.

 

However, if inventory remains tight, high-quality farms may continue benefiting from strong buyer interest.

 

Final Takeaway

 

Marshall County’s 2025 farmland market reinforced the county’s reputation as a productive and highly respected agricultural region. The market remained grounded in fundamentals, with buyers consistently rewarding farms that offered strong productivity, efficiency, and long-term operational value.

 

Early indicators from 2026 suggest those same characteristics continue driving demand. While broader economic conditions will influence the market throughout the year, Marshall County’s combination of productive farmland, agricultural stability, and strong farming tradition positions it well for the future.

 

For landowners, the message remains clear: quality continues to matter, and productive farmland remains one of the county’s most valuable assets.

 

 

 

 

 

 

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 16 June 2026.

 

Source 2:

“USDA.” 2022 Census of Agriculture County Profile, www.nass.usda.gov/Publications/AgCensus/2022/Online_Resources/County_Profiles/Illinois/cp17123.pdf. Accessed 16 June 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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