My understanding is financing fell thrugh for that $20,000 deal a year ago?
Last year ~35 acres sold for $6500 an acre here.
Last December, 522 acres in 5 pieces, some land bordered last years, sold for $9000 to 12000 an acre.
I can see the $6500 working out if you have cash and one more good year.
But, wow, $12000, this land is hilly, when it's wet the bottoms drown out, when it's hot and dry the tps burn up, most years you get some of both can run a straight 200 bu yield across a whole field here.
I bought some land that penceled out to $3500 an acre for the good plantable stuff, got some 8-10 acres grassland to bale for 'free' with it, and that was a crazy price, but guess I can start sleeping good on it now.....