Sullivan County, Indiana
2024 Land Sales Report
Sullivan County saw land values continue to rise in 2024, although the current pace in 2025 suggests the market may be entering a steadier phase.
If you’d like to get specific land values on your own property or a farm near you for 2025, please call (765) 426-6666.
Request a Land Values ReportAverage Price of Land*
$9,649/acre
Jan. – Dec. 2024*
As high as $20,058/acre
in 2024*
Land Market Commentary & Local Trends
Overall, the average price of farmland was $9,649/acre and the price per productivity index point was $121.82 in 2024 based on the sales data. It is important to note that in 2024 there have been farmland sales as high as $20,058 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, nearly 3,000 acres of land were listed for sale in Sullivan County, Indiana, adding up to a significant amount of available rural property. Sullivan County currently ranks 61st out of Indiana’s 92 counties for total acreage on the market. A couple of properties were also reported as sold in the area through the Land Network Comparable Sales Program. Among all locations in the county, the city of Sullivan had the most land available. Sullivan County’s economy leans heavily on mining and mineral extraction, which continues to play a key role in shaping its local industries. The county itself covers about 454 square miles, making it the 19th largest in the state, and it’s situated in Indiana’s western region.
The most recent USDA farmland census reveals that Sullivan County, Indiana, supports a robust farming community with 411 farms managing approximately 176,600 acres–that’s an average of around 430 acres per farm, which is notably larger than the state average. About 89% of this land is cropland, while 2% supports pasture and 7% is woodland, illustrating a clear focus on crop production. Crop sales account for roughly 80% of farm income, with livestock operations contributing the remainder. Conservation methods are well established here, with 26% of farms using no-till, 24% relying on reduced tillage, 19% practicing intensive tillage, and 3% incorporating cover crops, reflecting a solid commitment to preserving soil health while maintaining agricultural productivity.
Overview of Sullivan County Agriculture
Location and Geography: Sullivan County is located in southwestern Indiana, nestled along the Wabash River and bordering Illinois. The county features a mix of fertile farmland, gently rolling hills, and forested areas, with a landscape shaped by its agricultural roots and proximity to both river and coal country.
Major Crops:
- Corn: one of the leading crops in Sullivan County, grown extensively across the county’s fertile fields for both grain and silage purposes.
- Soybeans: widely planted as well, playing a major role in the county’s crop rotation systems and contributing significantly to local farm income.
- Wheat: grown on a smaller scale, typically used to diversify crop production and take advantage of off-season planting.
- Hay: also common in Sullivan County, supporting the county’s livestock operations and serving as a key forage crop.
Agriculture remains a vital part of Sullivan County’s economy and landscape, with large expanses of flat, fertile land ideal for row crop production. Corn and soybeans dominate the local farmland, with many farmers practicing crop rotation between the two to maintain soil health and yield. Wheat and hay are also grown, often supporting livestock operations or serving as secondary crops. The county’s rural character and strong farming tradition are reflected in the number of family-run farms that have been operating for generations, contributing to both the local food system and Indiana’s agricultural output.
In recent years, Sullivan County has seen a steady interest in its agricultural land, driven by its productive soils, accessibility, and potential for both traditional farming and recreational use. Buyers are often attracted to the balance between large contiguous acreage and more modest parcels suitable for homesteading or hobby farming. The county’s proximity to regional markets and continued investment in rural infrastructure have supported demand, especially as land in neighboring counties becomes more competitive. Whether for commercial agriculture, hunting, or long-term investment, farmland in Sullivan County continues to hold strong appeal.
History & Background of Sullivan County, Indiana
County Seat: Sullivan
Townships: Cass / Curry / Fairbanks / Gill / Haddon / Hamilton / Jackson / Jefferson / Turman
History: Established in 1817; Named for General Daniel Sullivan
Population: 20,757
Cities & Towns: Sullivan / Carlisle / Dugger / Farmersburg / Hymera / Merom / Shelburn / Cass / Fairbanks / Graysville / New Lebanon / Paxton / Pleasantville
Acreage: 286,000
According to the USDA National Agricultural Statistics Service (NASS), the following crop statistics have been reported for Sullivan County, Indiana.
The 2022 Ag Census for Sullivan County, Indiana, reported the following crop statistics:
Number of farms: 411
Land in farms (acres): 176,644
Average farm size (acres): 430
Total market value of products sold: $171,052,000
Government payments: $804,000
Farm-related income: $5,552,000
Total farm production expenses: $104,674,000
Net cash farm income: $72,735,000
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/cp18153.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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