What is an agricultural appraisal?

An agricultural appraisal is a professional valuation of farm, ranch, or agribusiness property that determines its fair market value based on factors such as land use, soil quality, location, productivity, and recent comparable sales.

Why should I get my farmland appraised?

A farmland appraisal helps owners, buyers, and lenders make informed financial decisions for sales, purchases, estate planning, or financing. Accurate valuations ensure fair market pricing and transparency in transactions.

Who performs agricultural appraisals at Peoples Company?

All appraisals are completed by Peoples Company’s certified general appraisers with extensive experience in agricultural, recreational, and rural commercial properties across multiple states.

What types of agricultural properties can be appraised?

Peoples Company provides appraisals for row crop farms, pastureland, ranches, orchards, vineyards, agribusiness operations, and mixed-use rural properties.

How long does an agricultural appraisal take?

Appraisal timelines vary based on property size and complexity but typically range from one to three weeks from initial engagement to delivery of the final report.

What information do I need to provide for an appraisal?

Clients are usually asked to provide property maps, recent improvements, production history, and any prior sales data or leases to help ensure an accurate valuation.

Is Peoples Company licensed to perform appraisals nationwide?

Peoples Company maintains a nationwide network of licensed appraisers and affiliates to perform agricultural appraisals across multiple states throughout the U.S.

Agricultural Appraisal

Peoples Company’s highly-qualified, certified appraisers have expertise in sales and transfers of real estate, mortgage financing, investment analysis, internal asset valuation, divorce settlement, estate planning, acquisition and condemnation, litigation, and property tax appeals.

The team specializes in conducting valuations on agricultural and recreational land, agribusiness properties, and commercial-agricultural properties. Between the states in which the team holds Certified General Appraiser licenses and the temporary licensing privileges of others, Peoples Company can extend its experience and high-quality service nearly anywhere in the country.

The appraisal team tracks active listings and auctions, pending sales, and sold properties throughout the major agricultural markets across the country. From this database, the team generates reports for inventory of farms for sale, inventory of investment-grade farms, upcoming land auctions, auction results, and a breakdown of land value trends.

Accurate Property Valuations

Peoples Company employs a network of real estate appraisal professionals and consultants who are licensed in all the major agricultural markets to provide the most accurate property valuations available. Our dedicated team of appraisers uses the most up-to-date technology available as well as a comprehensive and proprietary real estate sales database to arm themselves with the latest market trends and intel.

Ag Valuation Experts

Peoples Company's dedicated team of appraisal professionals and consultants have the skills, experience, and resources to provide the most accurate property valuation.

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Ag Market Analysis

Iowa 2026 Q2

Iowa farmland values remained stable through the second quarter of 2026, supported by limited land supply, strong equity positions among landowners, and continued investor demand despite tighter farm margins. Auction data suggests the market has entered a period of normalization and price stability, with premium farms continuing to attract strong competition and outperform average-quality tracts. This report examines the key trends shaping Iowa’s agricultural real estate market, including land values, auction performance, regional differences, and the outlook for the balance of 2026.

Illinois 2026 Q2

Illinois farmland values remained resilient through the second quarter of 2026, supported by limited land supply, strong landowner equity, and continued demand from both farmers and investors. While lower commodity prices and tighter farm margins have moderated buyer enthusiasm, high-quality farmland continues to attract competitive bidding and maintain strong values. This report explores current sales trends, auction data, income drivers, and the outlook for Illinois agricultural real estate as the market enters a period of price stabilization.

Nebraska 2026 Q2

Nebraska farmland values remained stable through the second quarter of 2026, supported by limited land availability, strong producer equity, and continued interest from investors and 1031 exchange buyers. While lower commodity prices and elevated production costs have created pressure on farm margins, demand for high-quality farmland continues to outpace supply, helping support values across much of the state. This report explores current auction trends, regional market dynamics, profitability factors, and the outlook for Nebraska agricultural real estate through the remainder of 2026.

Types Of Appraisals

Trust the Peoples Company team for a wide range of land valuation needs, including:

• Single Asset Appraisals
• Portfolio Appraisals, Including Annual Updates
• Appraisal Review
• Appraisal Process Management
• Statewide Market Analyses
• Expert Witness Testimony
• Partial Interest Valuation
• Consulting Services
• Restricted Appraisal Report
• Area-Wide Market Analysis
• Economic Consulting
• NCREIF Valuations

Property Types Appraised

Peoples Company’s appraisal team has extensive experience and continues to expand its scope of property types appraised across the country.

• Agricultural Land
• Recreational Land
• Transitional/Development Land
• Grain Storage Facilities
• Cattle Facilities, Feed Yards, and Recreational Ranches
• Easements
• Conservation and Preservation Easements (CRP/WRP)
• Federal and State Land Acquisitions and Dispositions
• Eminent Domain Condemnation Properties
• Other Agribusiness and Commercial-Agricultural Properties
• Dairies and Cattle Facilities
• Swine Facilities
• Poultry Facilities
• Equestrian Facilities
• Seed Treatment Facilities
• Nut and Fruit Orchards
• Greenhouses and Nurseries
• Irrigated and Dryland Farms
• Citrus and Avocado Groves
• Vineyards and Wineries
• Storage, Cooling, and Packing Facilities
• Processing and Treatment Facilities