According to the Society of Chartered Surveyors Ireland/Teagasc Agricultural Land Market Review and Outlook Report 2022, average prices for land in Co. Roscommon ranged from €4,130 to €9,170 last year.
The price of good land saw an average increase of 17 per cent nationally from €9,381 to €10,962 per acre with an increase of 5 per cent in the Connacht/Ulster regions.
The average price for an acre of good quality land under 50 acres in Roscommon was €9,170, up from the 2020 figure of €8,200.
The price for poor quality, non-residential land under 50 acres in the region ranged from an average of €5,250 per acre in Cavan and Monaghan to €2,760 in Leitrim. The average price of an acre of poor-quality land on a small holding in Roscommon was €3,900, down on the €4,500 figure of 2020.
The report found the demand for rented ground remains strong with rents this year expected to rise by 10 per cent nationally. Looking at the provincial picture agents expect rents to rise by 9 per cent in Connacht/Ulster and Munster and 12 per cent in Leinster. The survey of 95 auctioneers and valuers from all over the country was conducted in February and March 2022.