Land news, March 2018 cover image

There were over 2,150 properties listed as sold through the Lands of America Comparable Sales Program in March 2018, totaling $805 million and almost 300,000 acres of sold land and rural real estate across 48 states. This represents a 17 percent increase in sales activity over February 2018.

image of Broseco Ranch in Morris County, Texas

The sale of 11,800-acre Broseco Ranch by Icon Global Group was the month’s biggest recorded land deal. Sold on March 28 to a unit of Amarillo-based Smith Ranches, Broseco Ranch is an award-winning cattle ranch known for its 2,000-plus-head herd of Red Angus cattle. Listed for sale at $34 million, the ranch sold in less than a year. It is currently the most expensive sale recorded in 2018 through the Lands of America Comparable Sales program, as well as among the five biggest land sales of the year so far.

The total value of sold acreage in March reflects a 30 percent increase over the previous month, with an average parcel size of 170 acres for land and rural real estate listed as sold nationwide. Texas, Colorado and Tennessee saw the most land sales during the month. Wichita County in Texas registered the most individual sales, followed by Custer County, Colorado, and Burnet County, Texas.

New land listed for sale across the Land.com Network in March represents acreage in 9 out 10 of all U.S. counties. Below are some notable new listings on the market as of March.

Largest new land listing

image of Continental Divide Ranch in Carbon County, Wyoming

Relisted for sale by Mirr Ranch Group on March 15, the Continental Divide Ranch is an outstanding large working ranch located in south-central Wyoming near the town of Rawlins. It’s situated along the North Platte River and Haystack Mountain Range. The ranch totals approximately 98,424 acres and offers diversity, from irrigated hay meadows along the North Platte River to pockets of pine and aspen draws in the Haystack Mountains. There is approximately five miles of river frontage along the famed North Platte River, providing excellent fishing and riparian habitat for wildlife, along with a significant irrigation source for productive hay ground.

View property listing on Lands of America

Read more: 10 Biggest Ranches for Sale in America

Most expensive new land listing

Listed for sale on March 29 through Hall and Hall broker Tom Metzger, Zeman Ranch offers a secure investment in 10,343+/- deeded acres of prime Nebraska farm and ranchland. It is located in Rock County, Nebraska near Bassett. The ranch includes 5,640 +/- center pivot irrigated acres supported by the world’s second largest aquifer, the Ogallala Aquifer, which is a highly valued natural resource underlying nearly all of of the state. The property is listed for sale at $34 million.

View property listing on Lands of America

Read more: 10 Most Expensive Ranches for Sale in America

Counties with most new land for sale

Below are the five counties with the most new land listed for sale in March 2018:

  1. Riverside County, California | Riverside County is a large county in Southern California that stretches from the L.A. sprawl across Palm Springs into the desert around Joshua Tree National Park. The county was recently ranked third in population growth among large counties nationwide, according to a U.S. Census Bureau report.
  2. Maricopa County, Arizona | Comprising the booming Phoenix metropolitan area, Maricopa County is the fastest growing county in the country in terms of population growth.
  3. Los Angeles County, California | As you’d expect of the country’s second-most populous city, land for sale in Los Angeles County largely comprises acreage for commercial and residential development.
  4. Buncombe County, North Carolina | The popular city of Asheville is the centerpiece of North Carolina’s Buncombe County, an area of scenic forested slopes and mountain passes that includes a section of the Blue Ridge Parkway plus access to the state’s highest peak, Mount Mitchell.
  5. San Bernardino County, California | Spreading northeast from L.A., San Bernardino County comprises everything from residential and equestrian estates to the orchards and agricultural acreage that drive the massive California farm economy.

Most searched counties

Below are the ten most searched counties on Lands of America in March 2018:

  1. Edwards County, Texas (+2)
  2. Kerr County, Texas
  3. Burnet County, Texas (+2)
  4. Bandera County, Texas (-3)
  5. Gillespie County, Texas (-1)
  6. Parker County, Texas (+1)
  7. Medina County, Texas  (NEW)
  8. Blanco County, Texas  (NEW)
  9. Williamson County, Texas(-3)
  10. Comal County, Texas (-1)

Below are the ten most searched non-Texas counties on Lands of America in March 2018:

Top-performing land brokers

Based on brokers participating in the Lands of America Comparable Sales Program, below are our Brokers of the Week for land sales completed during the month. Congratulations to these individuals!


Land buyers can access our comprehensive database of historic sales information by purchasing a LandInsights account ($199/year), while platinum and basic sellers receive complimentary access through the Lands of America Property Control Center.

Tags:

  • Lands of America specializes in land for sale, which includes farms, ranches, mountain property, lake houses, river homes, beachfront homes, country homes and residential homes in smaller towns across the country. These properties have many diverse uses including recreational and agricultural activities like hunting, fishing, camping, backpacking, horseback riding, four wheeling, grazing cattle, gardening, vineyards, cropland and raising horses and other livestock.

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