Land in Clare costs lower on average than any other county in Munster.
New figures from the Society of Chartered Surveyors and Teagasc reveal prices here for all types of land are well below the national average.
The SCSI’s Land Market Survey for 2021 shows poor quality land here can reach an average of €4,700 per acre for less than 50 acres, while good quality land reaches €9,000.
It’s the lowest in Munster by some way, with the next lowest county in price terms, Kerry, reaching €800 more per acre for poor quality land and €500 more for better quality land.
Only four counties – Sligo, Leitrim, Roscommon and Donegal – have lower average prices for land regarded as poorer quality.
However, prices for bigger plots here are higher than elsewhere – reaching an average of €8,600 per acre for between 50 and 100 acres, and around €7,850 for more than 100 acres.
The report states that agents expect dairy farmers to remain the most active buyers and renters of plots for the rest of 2021, with that type of farming more common here than in other parts of the country.
The SCSI forecasts a positive outlook for the rest of the year, with marginal increases expected across all farming types despite the challenges posed by the ongoing COVID-19 pandemic.