Farmland around here in E WA varies with access to irrigation, most of it here is dryland wheat and pulse crops. What can't be plowed is usually grazed.
Here's an example of one that's no longer on the market apparently, $1500 or so an acre for nearly 7k acres
http://www.loopnet.com/Listing/15371039/East-Rd-Palouse-WA/ I was up there for a couple of months doing seasonal predator work along the Snake in May & June and looked at that property. Not to buy, just sheer curiosity. Seems that it is owned by the heirs of the fellow who put it all together and farmed it. He died and none of his kids want anything to do with it. The kids live on the coast.
Dumbass kids sold the water rights before putting the property up for sale.
Last I saw, a Realtor's ad in Dayton showed that they were down to $3.7 Million and still had no takers as of June 25th.
To the OP, land around here varies from $1,800/ac to $3200/ac depending on whether there is marketable timber, water, improved pastureland, etc. Our place will probably go for ~$2400/ac.
Ed
