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North Dakota, often referred to as the “Peace Garden State,” is known for its vast plains and rich agricultural heritage.
North Dakota's Land Market in 2023
According to WiseVoter, the median price per acre in North Dakota is $46,117.
This figure provides a snapshot of the land market in North Dakota, emphasizing its position as a sought-after destination for agricultural purposes, especially given its prominence in wheat and sunflower production.
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| Platform | Minimum | Link | Accredited Only | Investments |
|---|---|---|---|---|
 | $8,000+ | View Investments | Yes | US Farmland, Timberland, Vineyards |
 | $5,000+ | View Investments | Yes | Commercial Real Estate Properties |
 | $15,000+ | View Investments | Yes | US Farmland |
 | $10 | View Investments | No | Private Real Estate Deals |
Factors Influencing Land Prices in North Dakota
Several elements can impact the cost of land in North Dakota:
- Location: Land prices can vary significantly based on proximity to urban centers like Bismarck, Fargo, and Grand Forks.
- Type of Land: The intended use, whether it's residential, commercial, or agricultural, can influence the price.
- Economic Climate: The overall economic environment, both locally and nationally, can affect land prices.
- Land Characteristics: North Dakota's plains and its significance in the agricultural sector play a role in determining land prices.
Conclusion
North Dakota, with its strategic location in the Midwest and its agricultural prowess, offers a range of opportunities for those looking to invest in land.
Its vast plains combined with its economic potential make it an attractive destination for various purposes.
