Wells County, Indiana
2024 Land Sales Report
Wells County experienced another year of per-acre price growth in 2024, but early data from 2025 hints at a possible slowdown in value increases.
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*
$12,438/acre
Jan. – Dec. 2024*
As high as $15,880/acre
in 2024*
Land Market Commentary & Local Trends
Overall, the average price of farmland was $12,438/acre and the price per productivity index point was $182.74 in 2024 based on the sales data. It is important to note that in 2024 there have been farmland sales as high as $15,880 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
According to Land.com, about 1,000 acres of land were listed for sale in Wells County. When it comes to the number of acres currently on the market, Wells ranks 62nd out of Indiana’s 92 counties. The majority of listings are in and around Bluffton, which features the most land for sale in the area. Located in the eastern part of the state, Wells County spans about 370 square miles, making it the 66th largest county in Indiana.
The most recent USDA farmland census reveals that Wells County, Indiana, has 527 farms operating across approximately 201,538 acres of farmland, giving an average farm size of about 382 acres. Nearly all of that land–around–96% is used as cropland, with the rest split among woodland and other uses. Farmers are embracing a mix of tillage methods: about a quarter use no-till, another 25% use reduced tillage, and 36% use intensive tillage, while around 7% include cover crops in their fields.
Overview of Wells County Agriculture
Location and Geography: Wells County is located in northeastern Indiana, just south of Fort Wayne, and is part of the state’s East Central agricultural region. The county features gently rolling terrain with fertile soils, ideal for row crop farming, and is bordered by the Wabash River along parts of its western edge.
Major Crops:
- Corn: a dominant crop, widely grown for grain and livestock feed thanks to the county’s fertile, well-drained soils.
- Soybeans: another key crop, often rotated with corn to enhance soil health and used for products ranging from animal feed to biofuels.
- Wheat: also cultivated, though in smaller quantities, and is commonly used for grain production and cover cropping between growing seasons.
Agriculture remains a cornerstone of Wells County, Indiana, with approximately 527 farms cultivating around 201,538 acres of land. The county’s fertile soils and favorable climate support a robust farming community, with a significant emphasis on crop production. The 2022 USDA Census of Agriculture highlights that nearly 96% of the county’s farmland is dedicated to cropland, underscoring the region’s strong agricultural focus. Farmers in Wells County are increasingly adopting conservation practices, with a notable percentage utilizing no-till and reduced tillage methods to enhance soil health and sustainability.
The demand for land in Wells County reflects its agricultural vitality and strategic location within northeastern Indiana. The county’s proximity to Fort Wayne and its access to major transportation routes make it an attractive area for both agricultural operations and potential development. While specific market trends fluctuate, the consistent interest in Wells County’s land underscores its value as a productive agricultural hub and a desirable location for future growth and investment.
History & Background of Wells County, Indiana
County Seat: Bluffton
Townships: Harrison / Jefferson / Lancaster / Chester / Jackson / Liberty / Madison / Union / Wabash
History: Established in 1837; Named for William A. Wells, a notable figure in the Northwest Indian Wars.
Population: 28,180
Cities & Towns: Bluffton / Markle / Ossian / Poneto / Uniondale / Vera Cruz / Zanesville
Acreage: 236,600
According to the USDA National Agricultural Statistics Service (NASS), the following crop statistics have been reported for Wells County, Indiana.
The 2022 Ag Census for Wells County, Indiana, reported the following crop statistics:
Number of farms: 527
Land in farms (acres): 201,538
Average farm size (acres): 382
Total market value of products sold: $313,500,000
Government payments: $1,019,000
Farm-related income: $8,260,000
Total farm production expenses: $209,140,000
Net cash farm income: $113,639,000
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/cp18179.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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