Notable Midwest Sales Reach $28,000 per Acre - February 27, 2026
- American Farmland Owner
- Feb 27
- 2 min read
159.92+/- acres in Taney County, Missouri
16 tracts – Sold Absolute
February 11, 2026
A diverse multi-tract development offering totaling 159.92± acres sold at live and online auction on February 11, 2026. The property was divided into 16 individual tracts strategically located in high-traffic areas of Branson, less than one mile from the Highway 76 strip.
The tracts ranged from small commercial and residential lots under one acre to larger development parcels exceeding 40 acres. Per-acre prices varied widely depending on location, frontage, zoning, and development potential. Larger development tracts such as the 40.02-acre Fall Creek Road parcel brought $9,000 per acre, while high-visibility commercial frontage parcels such as the 20.02ac commercially zoned track south of the Apple Tree Mall brought $28,000 per acre.
Selling without reserve, the auction shows continued investor confidence in Branson’s commercial and residential growth corridors, particularly sites offering proximity to entertainment venues, retail centers, and established infrastructure.
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601.63+/- acres in Christian County, Illinois
Christian County, Illinois Land Auction – Achenbach Family Farm
February 9, 2026
A notable multi-tract farmland offering, the Achenbach Family Farm consisting of approximately 601.63± acres in Christian County, Illinois, sold at a live online auction on February 9, 2026 using a buyer’s choice method . The property was divided into ten individual tracts featuring a mix of highly productive Class A tillable cropland, recreational timber, commercial-site potential, and a tract improved with a farmstead.
Final prices varied across the offering, reflecting differences in productivity, improvements, and land use: Prices ranged from $4,350-$20,500 per acre. (totaling approximately $7,991,208 in gross sales). The cropland parcels featured strong soil productivity indices in the 125–135 range on prime Herrick, Virden, Edinburg, and related Class A soils, while woodland and hunting tracts added diversification and outdoor appeal.
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20+/- acres in Olmsted County, Minnesota
$17,475 per acre
February 12, 2026
A 20-acre buildable tract northwest of Oronoco in Olmsted County, Minnesota sold on February 12, 2026, for $17,475 per acre in an online-only auction conducted by Peoples Company on behalf of the Myron D. Schettl Living Trust. The property featured a mix of mature woodland and open cropland, providing both recreational appeal and development potential just a short drive from Rochester. With approximately 15.3 acres of mature trees and gently rolling terrain, the site offered a unique blend of privacy and convenience in a fast-appreciating southeast Minnesota market. The sale presented strong bidder interest in well-located parcels that balance country living with proximity to urban amenities.
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77.11 acres in Polk County, Iowa
$19,100 per acre
February 10, 2026
A 77.11-acre tract of farmland in Polk County, Iowa sold at public auction for $19,100 per acre. Located just outside Ankeny, the property benefits from both high-quality agricultural productivity and long-term growth influence from one of central Iowa’s fastest-expanding communities. The farm offered a strong percentage of tillable acres and productive soils, attracting interest from operators and investors alike. The auction highlights the premium placed on farmland situated near expanding urban markets.
