Hay & Alfalfa Farmland in Maryland

Hay & Alfalfa farmland in Maryland for a 50 - 160 Acres parcel costs approximately $8,014 per acre, with a total investment of $841,470. The estimated annual ROI is 2.4% with cash rent of $321 per acre.

Maryland has 12,200 farms with an average size of 164 acres. Farmland prices average $10,200 per acre statewide, with 2.5% year-over-year appreciation. Cash receipts total $2.5B annually.

The estimated annual ROI is 2.4% for a 50 - 160 Acres parcel, generating $20,160 in annual income ($192 per acre). The 5-year appreciation estimate is 1053.0%.