In a major new report with Teagasc, auctioneer, and valuer members of the Society of Chartered Surveyors Ireland (SCSI), operating in the agricultural sales and rental market describe an active and competitive market with prices underpinned by strong demand and a continued scarcity of available land.
Key Findings:
- National average farmland sales prices and rental prices forecast to rise by 4% in 2026
- Average national price for good quality agricultural land in 2025 is €14,126 an increase of 7% on 2024
- Average national price for poor quality agricultural land was €6,963 per acre up 5%
- The most expensive land overall is in Wexford where the average price of an acre of good quality land is €19,226
- The least expensive land is in Leitrim where the average price of an acre of poor quality land is €3,772
- Last year average land rental prices increased by 2% in Leinster, 17% in Munster and 18% in Connacht / Ulster
- Report says the outlook for agriculture is significantly more challenging this year due to uncertainty and higher input costs caused by war in Middle East
- “Elevated costs are likely to persist this year and into next year with farmers expected to adopt a more cautious approach towards land purchase”
- Teagasc says the war highlights the extent to which Irish agriculture remains exposed to global supply chains and external economic shocks