Is Now the Right Time to Sell Your Saskatchewan Farmland?

If you own farmland in Saskatchewan, you may be wondering if now is a good time to sell. Land values are going up, and many people want farmland. So, is now the best time to sell? The short answer is—it might be. Let’s look at why 2025 could be a smart time to sell your land.

What’s Happening in the Farmland Market?

Saskatchewan’s farmland has become more valuable in the last 10 years. The land is big, rich, and great for farming. That’s why more people want to buy it.

A 2024 report from Farm Credit Canada (FCC) shows that farmland prices in Saskatchewan went up by 11.5% in 2023. That’s after a 14.2% rise in 2022. These numbers show that buyers still believe in the value of the land.

Right now, land costs between $1,500 and $3,800 per acre, depending on the area and soil. Areas like Moose Jaw, Yorkton, and Regina are popular because the land is good and easy to get to.

What’s driving the demand?

• Crop prices are strong
• People from other provinces want to invest
• Older farmers are planning to retire
• There’s not much top-quality land left

Buyers are now looking to Saskatchewan. Land in Alberta and Manitoba is harder to find and more expensive, says Dr. Leah Jensen, an agricultural expert at the University of Regina.

Why 2025 Could Be the Best Time to Sell

There are a few big reasons why 2025 may be the right year to sell your farmland.

Land Prices May Peak Soon

Experts say farmland prices may be close to their high point. Interest rates are leveling off, which could slow down investment. If that happens, prices may stop rising as fast.

Buyers Are Still Very Interested

There are many buyers right now—big farm companies, new farmers, and even people from other countries. Because there isn’t much land for sale, good farms often sell fast. Some even sell for more than the asking price.

New Tax Options

In 2025, new tax rules may help sellers. You could get tax breaks or pay less in capital gains tax. Talk to a tax expert who knows about farmland sales.

Planning for Retirement

Many older farmers are ready to retire. Selling now means they can get good money and make things easier for their kids or heirs.

Success Stories from Real Sellers

Here are some recent examples of farmland sales that went well:

Yorkton: A 320-acre wheat farm listed at $1.1 million sold in just 14 days. It went for $1.25 million after getting several offers.

Moose Jaw: A retired couple sold 160 acres for $620,000. Their realtor used smart marketing to find a buyer from British Columbia who paid the full price.

Southwest SK: A grain farm had a bidding war. It sold for 12% more than the listed price.

These stories are not rare. They show that there is strong interest and not much land for sale.

Tips to Help You Sell in 2025

Want to sell your land for top dollar? Try these tips:

• Use a farmland expert: A realtor who knows farms can help you market your land better.
• Get an appraisal: A professional can tell you how much your land is worth.
• Know your land: Keep clear records of crop yields, soil use, and fertilizers.
• List at the right time: Spring and early summer are busy times for buyers.
• Think about leasebacks: You can sell the land but keep farming it for a while if the buyer agrees.

Things to Think About Before Selling

Selling farmland is a big choice. Here are some risks to keep in mind:

• Future price increases: If prices keep going up, selling now could mean missing more profit later.
• Taxes: You might have to pay a lot in capital gains taxes.
• Emotions: If the land has been in your family for years, it might be hard to let it go.

That’s why it’s smart to talk with people you trust and think about your long-term plans.

Helpful Resources for Sellers

Thinking about selling? These groups and tools can help:

• Canadian Association of Farm Advisors (CAFA)

• SaskFarmland Forum – Community discussions

You can also learn a lot by joining local Facebook groups and ag forums.

Final Thoughts: It's Your Land and Your Choice

Farmland is more than just land—it’s part of your life and your family’s story. But markets change, and good chances don’t last forever. If you’ve been thinking about selling, 2025 may be the right time. Prices are strong, buyers are active, and new tax rules could help.

Make a plan. Talk to experts. And think about what’s right for you and your family.

So, is now the right time to sell?

Maybe it’s not just the right time—it might be the best time.