Most land projects cost between $1,000 and $50,000 per acre, with a typical price near $5,000. Prices vary by state and city, so the range below is a planning guide rather than a quote.
Typical land cost
$1,000 – $50,000
per acre · typical $5,000
A general planning range, not a quotation.
Land cost breakdown
- Rural / agricultural$1,000 – $10,000typical $5,000
- Suburban residential lot$20,000 – $200,000typical $75,000
- Prime commercial / urban$500,000 – $5,000,000typical $1,000,000
What Lots and Land costs
Represents the price of raw land per acre, from cheap rural farmland to expensive residential lots. Prices depend on location, zoning, utilities access, and development potential. This is a broad range.
Costs by state
- Alabama
- Alaska
- Alberta
- Arizona
- Arkansas
- British Columbia
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Manitoba
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Brunswick
- New Hampshire
- New Jersey
- New Mexico
- New York
- Newfoundland and Labrador
- North Carolina
- North Dakota
- Northwest Territories
- Nova Scotia
- Nunavut
- Ohio
- Oklahoma
- Ontario
- Oregon
- Pennsylvania
- Prince Edward Island
- Quebec
- Rhode Island
- Saskatchewan
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
- Yukon
Frequently asked questions
What affects land prices?
Location, access to roads and utilities, zoning, topography, and market demand. Water access raises value.
Is buying land a good investment?
It can appreciate, but it's illiquid and may have holding costs like property tax. Research development plans.
How do I price a parcel?
Compare with recent land sales in the area, adjust for size, location, and improvements. A realtor helps.