Land values boom, but young farmers locked out

The 2025 Land Market Review and Outlook Report found that in 2024, Waterford has the most expensive land in the country

Survey respondents overwhelmingly said the Government should review the tax treatment of agricultural land to entice more land to the market to support the younger generations of farmers. File picture

Ireland’s farmland market is tightening as long-term leasing surges and supply remains low, prompting calls for tax reforms to unlock land for younger farmers.

In a new report with Teagasc, auctioneer, and valuer members of the Society of Chartered Surveyors Ireland (SCSI), say average rental prices in 2025 are expected to increase by 7%.