Each year the USDA, through the National Agricultural Statistics Service (NASS), reports on agricultural land values. Generally speaking farm real estate average values per acre have stayed relatively stable in New Mexico, Colorado, Montana, and Wyoming from 2015 to 2019. Across the Mountain Region, values have risen 8% over five years in large part due to a significant rise in values in both Idaho and Utah. In Idaho, farm real estate average land value per acre was upwards of $3000 / acre in 2019. The Mountain Region includes Arizona, Colorado, Idaho, Montana, Nevada, New Mexico, Utah, and Wyoming.