Newton County, Indiana
2024 Land Sales Report
In Newton County, Indiana, price per acre surged over recent years, with 2024 continuing the trend before signs of market stabilization emerged in early 2025.
If you’d like to get specific land values on your own property or a farm near you for 2025, please contact Craig Stevenson today at (574) 870-4383
Average Price of Land*
$12,061/acre
Jan. – Dec. 2024*
As high as $16,040/acre
in 2024*
Land Market Commentary & Local Trends
Overall, the average price of farmland was $12,061/acre and the price per productivity index point was $164.59 in 2024 based on the sales data. It is important to note that in 2024 there have been farmland sales as high as $16,040 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
Recently, according to Land.com, about 483 acres of farms, hunting land, and other rural properties were listed for sale in Newton County, Indiana, with a total value of around $17 million. That puts the county at 67th out of 92 in the state for the amount of land currently on the market. Lake Village had the most listings, making it a hotspot for rural property sales in the area. Newton County covers 403 square miles, making it the 46th largest county in Indiana, and it’s located in the western part of the state near the Illinois border.
The 2022 USDA Census of Agriculture shows that Newton County contains approximately 434 farms, averaging around 439 acres – each – ranking it among the top 10 counties in the state for average farm size. The county is a strong producer of row crops: in 2011 it ranked 7th in Indiana for corn production and 35th for soybeans, reflecting its agricultural focus.
Overview of Newton County Agriculture
Location and Geography: Newton County lies in northwest Indiana, along the Illinois border. The landscape is predominantly flat to gently rolling, shaped by glacial history. Notable natural features include the Willow Slough Fish & Wildlife Area with J.C. Murphy Lake.
Major Crops:
- Corn
- Soybeans
Newton County is largely an agricultural community, with roughly 70% of its land dedicated to farming. Farms here average around 528 acres, and over 90% of farm land is harvested cropland. Corn and soybeans lead production, with wheat and hay included in rotations; a small share is devoted to specialty vegetable crops. While livestock play a role, accounting for around 60% of agricultural revenue, row crops remain the primary income source.
The land market in Newton County shows strong demand for productive farmland. The county ranks in the mid-range among Indiana’s 92 counties for land inventory, balancing affordability with productive soils. With easy access to major highways and its prime location near Northwest Indiana and Chicago, Newton County farmland remains attractive to both local farmers and investors seeking long-term agricultural value and development potential.
History & Background of Newton County, Indiana
County Seat: Kentland
Townships: Beaver / Colfax / Grant / Iroquois / Jackson / Jefferson / Lake / Lincoln / McClellan / Washington
History: Created in 1859, named for Sgt. John Newton: hero of the American Revolutionary War.
Population: 14,131
Cities & Towns: Brook / Goodland / Kentland / Morocco / Mount Ayr
Acreage: 257,000
According to the USDA National Agricultural Statistics Service (NASS), the following crop statistics have been reported for Newton County, Indiana.
The 2022 Ag Census for Newton County, Indiana, reported the following crop statistics:
Number of farms: 372
Land in farms (acres): 189,934
Average farm size (acres): 511
Total market value of products sold: $442,405,000
Government payments: $1,759,000
Farm-related income: $4,796,000
Total farm production expenses: $278,793,000
Net cash farm income: $170,167,000
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 16 June 2025.
Source 2:
“USDA.” 2022 Census of Agriculture County Profile, www.nass.usda.gov/Publications/AgCensus/2022/Online_Resources/County_Profiles/Indiana/cp18111.pdf. Accessed 16 June 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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