Offaly has least expensive farmland in Leinster: report
Offaly has the least expensive agriculture land in Leinster, a new report has found.
In a major new report with Teagasc, auctioneer, and valuer members of the Society of Chartered Surveyors Ireland (SCSI), say the price of an acre of good land in Offaly on holdings between 50 to 100 acres last year was €12,589, while the price of an acre of good land on holdings over 100 acres was €12,325, up from €11,333 in 2023. The corresponding prices for an acre of poor land were €6,550 and €6,450.
Meanwhile, the survey found that on holdings under 50 acres prices in Offaly ranged from €6,967 per acre of poor-quality land on holdings less than 50 acres, the second lowest for this land type in Leinster, to €12,625 for good land.
Although this is up from €11,750 in 2023, it means Offaly has the least expensive land in Leinster.