Farmland prices grew by 9.2% year on year in quarter three of 2025, to a weighted average of €13,045/ac, according to the latest Agricultural Land Barometer from Sherry Fitzgerald.

Marginal quality grassland saw the strongest rise at 12.7%. Prime grassland grew by 8.9% to average €14,685/ac. Prices for tillage land grew by 6.9% – this was the most expensive category at €15,504/ac.

The border region recorded the strongest growth in prices at 15.4%. The mid-east continued to see the highest average land values at €16,438/ac, while the lowest average values were in the west at €9,100/ac.

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“Agricultural land values have surged on the back of strong demand, limited supply, and favourable borrowing conditions,” said Philip Guckian, sales director for Sherry Fitzgerald’s Country Homes, Farms and Estates division.

“Rising output prices have boosted farm incomes. Beef remains exceptionally strong due to tight global supply, while milk continues to hold good long-term potential.

“Overall, the sector is performing well.”