Latest Leitrim farmland prices revealed
Farmland prices up 7% in 2024 as Leitrim named among the lowest and Waterford tops with €23,000/ac for good quality land
Land in Leitrim is the cheapest in the country according to The Annual SCSI/Teagasc Agricultural Land Review and Outlook 2025 report.
The report, which provides a county-by-county breakdown of the prices of good and poor-quality land across the country, found that an acre of good non-residential land in Leitrim cost 7,625/ac, while poor-land in the county was 3,792/ac.
Leinster farmland values were among the highest in Ireland, on average, at €11,809 per acre while Munster’s average values were second highest at €11,120 on average, and Connacht/Ulster followed that at €6,792 per acre.
Waterford came out on top of the list with the price of good quality land in the county going for 23,000/ac.
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 for good quality land was 13,178/ac while the national average for poor quality land was 6,636/ac. Leitrim feel below the average in both categories.
Additionally, the report forecasts that farmland values will rise by 6% on average this year.