Prices paid for agricultural land in Tyrone last year rose by 4.2%, or £565/ac, to an average of £14,142/ac. Tyrone has overtaken Antrim and is now in third place across NI counties for average land prices.

When ranked across the entirety of Ireland, the Red Hand County is in eighth position, up from 14th place in last year’s report.

There were 2,260ac publicly advertised for sale in Tyrone last year, which marks a decrease of 11% on 2023 levels. The total area of land on the market in Tyrone equates to 0.47% of the county’s total grassland and arable area.

Overall, there were 77 agricultural properties offered up for sale during 2024, with the average lot equating to 29ac. This compares to 89 lots also averaging 29ac the year before.

A dwelling house or building site was included in 34% of agricultural properties that were advertised in Tyrone last year, and so 66% of farms were non-residential. In 2023, our records found that 27% of farms for sale were residential, with 73% deemed non-residential.

The top price recorded in our survey for the county was £25,000/ac for a small block of land in the north of the county. Another high price in our survey was almost £23,000/ac for a 20ac parcel in mid-Tyrone.

The lowest price was £5,300/ac for 12ac of heavy land in the west of the county. However, there were a few examples of sales in the same area where better-quality land made north of £15,000/ac.

Our survey found 14% of land sales in the county were under £10,000/ac, and 36% of transactions fell within the £10,001-£15,000/ac bracket. The same proportion of sales were between £15,001-£20,000/ac and 14% were over £20,000/ac.

Vital statistics

Average*: £14,142/ac (€16,704/ac)

Price range*: £5,300/ac to £25,000/ac

Total area offered up: 2,260ac

Number of farms offered: 77

Average lot size: 29ac

Biggest farm offered: 96ac

*Number of transactions: 22