05 May 2025

Map: Land prices by county

The Annual SCSI/Teagasc Agricultural Land Review and Outlook 2025 report, published on April 29, provides a selection of useful insights. This year’s annual survey provides a county-by-county breakdown of the prices of good and poor-quality land.

The publication serves as a resource for understanding trends in the sale of agricultural land across Ireland and evaluates land values across various counties and provinces in Ireland. The results presented below were generated as part of a Society of Chartered Surveyors Ireland (SCSI) survey, which was conducted on a nationwide basis in February and March 2025, and completed by SCSI members active in farmland sales, auctions, leasing and valuation.

Agricultural land values

In terms of prices, the average value of non-residential farmland in 2024 was €9,907/ac, which is an increase of 7% from €9,297 in 2023. The national average value of good quality land was €13,178/ac, up 7% from €12,308/ac in 2023, with national average poor-quality land reported at €6,636/ac – up 6% from €6,286/ac. Additionally, the report forecasts that farmland values will rise by 6% on average this year.

Figure 1: Average price per acre of non-residential land less than 50ac

Key highlights:

• The SCSI analysis highlights a significant variation in farmland values across Leinster, Munster, and Connacht/Ulster. Leinster values are among the highest in Ireland, on average, at €11,809 per acre. Munster average values are second highest at €11,120 on average, with Connacht/Ulster at €6,792/ac.
• The most expensive land was in Waterford, where good-quality land on 50 to 100ac holdings fetched an average of €23,500/ac. 
• The least expensive land is in Mayo where poor-quality land sold for an average of €3,075/ac on holdings over 100 acres
• The national average differential between good and poor-quality land is, on average, €6,542/ac, up from €6,022/ac as reported last year.
• The volume of farmland on the market increased marginally (+4% net balance index), with probate sales being the most active seller type according to 96% of respondents
• A total of 77% of respondents ranked dairy farmers as the main buyer type of agricultural land.

Three plot sizes examined

With the aim of providing a comprehensive view of average land values, the report also presents transactions on the basis of plot size – less than 50ac; between 50ac and 100ac; and over 100ac. Table 1 provides national average land values for good or poor-quality land over the three plot size categories.

Table 1: National average (non-residential) land values per acre – plot size and quality (2024, 2023, 2022, 2021)

For further insights, view the full SCSI/Teagasc Agricultural Land Review and Outlook 2025 report here (PDF).