The red-hot market for farm land cooled off last year, according to the annual report from Valco Consultants.
Ryan Parker, who wrote the report, said some farms listed for sale did not find a buyer, particularly south-west of London and along the shore of Lake Erie.
He said some of that is sellers asking for prices that were too high and another part was lower profits from crops.
Prices remain highly variable by location.
His report said:
- $27, 258 – average per acre value across all 11 counties in 2025 compared with $6,000 in 2010.
- $38,000 – average per acre value in Perth and Oxford.
- $20,000 – average per acre value in Essex County.
- 10.7 per cent – average annual value change from 2010 to 2025.
- 2.7 per cent – overall value increase from 2024 to 2025.
