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How Much An Acre Of Land Costs In Each State

By Kathy Morris
Jul. 12, 2023
Last Modified and Fact Checked on:
Fact Checked
Cite This Webpage Zippia. "How Much An Acre Of Land Costs In Each State" Zippia.com. Jul. 12, 2023, https://www.zippia.com/advice/acre-land-costs-each-state/

How Much an Acre of Land Costs in Each State | 2026 Update

Map of land costs by state

Cost of an Acre in Each State: 2026 Research Summary

  • The state with the most affordable land in the U.S. is Arizona, where an acre averages $4,200.

  • The state with the highest land prices is Rhode Island, where an acre costs an astounding $350,400.

  • The average size of property in the U.S. is 10,871 square feet, equivalent to a quarter of an acre.

Homeownership remains a key pillar of the American Dream, but navigating the current housing landscape has become increasingly complex.

As of 2026, the U.S. continues to face a housing shortage, estimated to be around 3.8 million homes, making homeownership unattainable for many.

This shortage, coupled with variable interest rates and the rise of remote and hybrid work options, has catalyzed a surge in new home construction. In fact, new home construction levels have reached their highest since 2006.

Just as home prices differ across states, so too does the cost of land. Our analysis reveals the states where land is either prohibitively expensive or surprisingly affordable.

In some states, the price of an acre of land could rival the cost of a modest starter home in other regions.

10 Most Expensive States to Buy Land

  1. Rhode Island
  2. Massachusetts
  3. Connecticut
  4. New Jersey
  5. Hawaii
  6. Utah
  7. Delaware
  8. Maryland
  9. New Hampshire
  10. Washington

The data shows that land prices are steepest in the Northeast, with Rhode Island leading the pack at a staggering $350,400 per acre. So, where can potential buyers find more affordable options?

10 Cheapest States to Buy Land

  1. Arizona
  2. New Mexico
  3. Mississippi
  4. Colorado
  5. Arkansas
  6. New York
  7. Missouri
  8. Oregon
  9. Alabama
  10. Michigan

For those seeking affordability, heading west could be advantageous. Many states with lower land prices also have lower population densities, making them attractive to those exploring remote work options. However, before relocating, it’s essential to ensure reliable internet access for remote job responsibilities.

How We Determined This

To ascertain the cost of an acre of land in each state, we reviewed the estimated average land values as of June 2023, encompassing both residential and commercial properties.

Don’t Get Too Excited

While the appealing price tag of land might make you eager to build, proceed with caution.

These figures represent averages, which means that suitable plots near employment hubs or with desirable amenities may command significantly higher prices.

Additionally, while land may be economically priced, constructing a home involves numerous expenses, such as plumbing, electricity, and structural considerations.

Even if land is affordable, the costs of building a home and ensuring adequate amenities for a remote job could exceed your budget.

Average Cost Per Acre

Rank State Avg. Cost Per Acre
1 Rhode Island $350,400
2 Massachusetts $333,200
3 Connecticut $282,900
4 New Jersey $242,900
5 Hawaii $202,400
6 Utah $195,900
7 Delaware $175,600
8 New Hampshire $165,100
9 Maryland $106,200
10 Washington $80,400
11 South Dakota $77,400
12 Ohio $69,600
13 Idaho $62,500
14 Vermont $62,300
15 Alaska $62,200
16 Nevada $59,900
17 Wyoming $54,000
18 Iowa $51,100
19 Nebraska $49,800
20 Minnesota $47,400
21 North Dakota $46,100
22 Maine $45,400
23 West Virginia $44,800
24 Indiana $43,800
25 Pennsylvania $42,500
26 Florida $34,900
27 Georgia $30,000
28 Texas $29,800
29 Illinois $29,300
30 Montana $28,900
31 Kansas $26,900
32 Louisiana $26,800
33 Wisconsin $25,200
34 Virginia $23,900
35 Tennessee $22,700
36 South Carolina $22,100
37 Kentucky $21,400
38 North Carolina $20,300
39 California $20,000
40 Oklahoma $19,600
41 Michigan $18,300
42 Alabama $18,100
43 Oregon $16,200
44 Missouri $14,100
45 New York $12,000
46 Arkansas $11,600
47 Colorado $11,600
48 Mississippi $10,800
49 New Mexico $6,000
50 Arizona $4,200

Author

Kathy Morris

Kathy is the head of content at Zippia with a knack for engaging audiences. Prior to joining Zippia, Kathy worked at Gateway Blend growing audiences across diverse brands. She graduated from Troy University with a degree in Social Science Education.

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