Steuben County, Indiana
2024 Land Sales Report
Land values in Steuben County climbed again in 2024 after years of growth, though early signs in 2025 point toward a leveling off in price momentum.
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*
$10,421/acre
Jan. – Dec. 2024*
As high as $13,475/acre
in 2024*
Land Market Commentary & Local Trends
Overall, the average price of farmland was $10,421/acre and the price per productivity index point was $151.83 in 2024 based on the sales data. It is important to note that in 2024 there have been farmland sales as high as $13,475 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 of land in Steuben County were listed for sale on Land.com, with a total value of roughly $93 million. That puts Steuben County at 21st in Indiana for the amount of land currently on the market. Among the areas in the county, Angola had the most listings for farms, rural properties, hunting land, and more. Steuben County is located in northern Indiana and covers about 322 square miles, making it the 75th largest county in the state.
The most recent USDA farmland census reveals that Steuben County, Indiana, is home to 461 farms tending to 96,550 acres of farmland–averaging about 209 acres per operation, which is a bit below the previous census. Of this, around 81,491 acres are cropland, with 2,234 acres serving as pasture and 8,095 acres covered by woodlands. Agriculture in the county leans heavily toward crop production, which accounts for about 81% of farm sales, while livestock and related products contribute the remainder. Sustainable practices are moderately adopted across Steuben’s farms: 27% use no-till, 21% use reduced tillage, 10% employ intensive tillage, and 7% plant cover crops to support soil health conservation.
Overview of Steuben County Agriculture
Location and Geography: Steuben County is located in the northeastern corner of Indiana, bordering both Michigan and Ohio. Known for its scenic landscape, the county features rolling hills, rich farmland, and more than 100 lakes, making it one of the most lake-dense areas in the state.
Major Crops:
- Corn: a leading crop in Steuben County, thriving in the region’s fertile soils and widely used for grain, livestock feed, and ethanol production.
- Soybeans: another dominant crop, valued for their versatility in food products, animal feed, and biofuel.
- Hay: commonly grown throughout the county, supporting the area’s livestock operations and providing essential forage.
- Wheat: also produced in Steuben County, often as a rotational crop to help maintain soil health and diversify farm income.
Agriculture in Steuben County, Indiana, plays a vital role in the local economy, supported by a diverse mix of crops and livestock operations. The county’s rolling landscape, fertile soils, and plentiful rainfall create ideal growing conditions for staple crops like corn, soybeans, hay, and wheat. Farmers in the area also raise cattle and other livestock, taking advantage of the county’s abundant hay production. Steuben County’s rural charm and long-standing farming heritage continue to make it a stronghold for agricultural activity in the northeast corner of the state.
The land market in Steuben County has seen steady interest, driven by both active farmers looking to expand and investors drawn to the area’s agricultural potential and scenic beauty. In addition to traditional farmland buyers, the county’s many lakes and natural areas appeal to recreational land seekers and those looking for rural retreats, creating a unique blend of demand. The combination of working farmland, outdoor recreation, and proximity to Michigan and Ohio contributes to ongoing interest in Steuben County’s rural real estate.
History & Background of Steuben County, Indiana
County Seat: Angola
Townships: Clear Lake / Fremont / Jackson / Jamestown / Millgrove / Ostego / Pleasant / Richland / Salem / Scott / Steuben / York
History: Established in 1837; Named for Baron Frederick von Steuben, a Revolutionary War hero.
Population: 34,862
Cities & Towns: Angola / Ashley / Clear Lake / Fremont / Hamilton / Hudson / Orland
Acreage: 208,000
According to the USDA National Agricultural Statistics Service (NASS), the following crop statistics have been reported for Steuben County, Indiana.
The 2022 Ag Census for Steuben County, Indiana, reported the following crop statistics:
Number of farms: 461
Land in farms (acres): 96,550
Average farm size (acres): 209
Total market value of products sold: $86,622,000
Government payments: $1,716,000
Farm-related income: $4,456,000
Total farm production expenses: $67,196,000
Net cash farm income: $21,599,000
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/cp18151.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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