Land around here is priced by 3 things - location, location, and location. The area I live in is not very populated, but is getting that way. Land on a lake front can run as much as $50,000 to $100,000 per acre. Land next to a major hiway will run $10,000+ per acre for a few acres. More acreage will be cheaper of course. Land that is going to be developed for housing will go for more also. Land that don't border a major hiway will be around $3,000 to $5,000 per acre, if it is developed. Farmland that has roadfrontage will be around $2,000 to $3,000 per acre. Some pasture land still goes for less than a $1,000 per acre. Then there is the mountainous land that will go for around $500 per acre. There was a farm of 80 acres near here that went for $42,000 at auction. It was sold for $80,000 less than a year later to a man that put up 6 chicken houses on it. I wish I could answer your question better but it has more to do with who wants it and for what.
BAMA