The Land Market Survey is conducted annually each year by the REALTORS® Land Institute (RLI) and the National Association of REALTORS® (NAR) Research Group as a tool for real estate land professionals in all sectors of the business to use for bench-marking and as an informational resource when conducting business. The survey is designed to reveal current trends and the current state of land markets across the US.

Highlights from the 2025 Land Market Survey

• The increase in land sales remains modest compared to record high prices and sales in 2021. Land sales increased 0.8% in 2025, compared to 0.7% in 2024 according to the Land Market Report from the REALTORS® Land Institute (RLI) and the National Association of REALTORS® (NAR). The market continues to correct as inflationary pressure rises.
• While the US isn't experiencing recession conditions, the job market is soft. Oil price shock has delayed the Federal Reserve's decision to cut interest rates. There is pent up housing demand that may be released once mortgage rates lower.
• Ranch Land saw the strongest growth in 2025, Ranch land posted the strongest price growth in 2025 with a 2.2% in prices, followed closely by Industrial Land and Recreational Land at 1.9%
• Residential land held by US households decreased slightly to $18.9T in 2025 versus $19.0T in 2024.

Scroll through the presentation below to see the full survey results as presented by RLI and NAR.

Click here for a link to downloadable version.