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Prime Parcels: 4 Reasons to Buy Land for Sale in Oregon in 2021

Published: 09-03-21 Category: Investing

Specializes in providing actionable insights into the commercial real estate space for investors, brokers, lessors, and lessees. He covers quarterly market data reports, investment strategies, how-to guides, and top-down perspectives on market movements.

This article was updated on 8/01/2023.

Oregon is an agricultural superpower fueling the country's demand for berries, hops, and nuts. Any outdoor enthusiast looking to make a living in Oregon will have plenty to do there. Major industries such as forestry and fishing are bringing in outsiders who take advantage of the state's natural abundance.

There are other attractions that are inciting purchasers towards land for sale in Oregon. The easygoing culture makes living there enjoyable and relaxing. It's also one of the country's hotspots for beer. Oh, and they have hundreds of miles of coastline. What's not to like?

How Much Does an Acre of Land Cost in Oregon?

Oregon's average cost of $3,120 per farmland acre is understandably attracting migrants to the West Coast. These properties are spacious, breathtaking, and ready for new opportunities.

As always, prices per acre can vary widely. But here are some of the lowest prices a handful of Oregon counties offer:

Lake County: $1,440 per acre;
Columbia County: $3,125 per acre;
Crook County: $1,025 per acre; and
Coos County: $5,235 per acre.

If you're looking for a new spot to start or grow your agricultural business, land for sale in Oregon has room for you. However, investors can also jump at the chance to acquire land since value will only rise in the future. The state's conservation initiatives will keep its lands pristine and clean.

As of now, Oregon is a leader in sustainability and environmental awareness, which makes it perfect for those who strive to live an eco-friendly lifestyle.

#1 – A Focus on Renewable Energy

Oregon's goal in 2016 was to use clean sources to fuel half of the state's power. In 2021, they raised their standards because they reached that goal. They now aim for 100% use of renewable energy by 2040.

They rank 6th in the country for most environmentally friendly. Oregon is only about 4 points away from reaching the top.

Many in America are looking to link hands and make adjustments towards greener initiatives. Farms and businesses will fare better in environmentally friendly areas as well as garner a wider audience. There is a recent uproar of interest in eco-conscious companies that will only continue to expand.

Additionally, participating in renewable energy is cost-effective in the long run. "Green" businesses enjoy lower overhead and greater tax benefits. Oregon has the tools and reputation to help its businesses join the fight toward full sustainability. That's why it is currently the go-to state for budding entrepreneurs and farmers.

#2 – Rural Economic Opportunity

Only 3% of Oregon's farms are not privately owned by families. That means that much of the population is involved in tending to rural economic opportunities in the state. About a quarter of current farmers are new to agriculture, and this number will only increase.

Oregon's farm craze allows landowners to lease their land to ranchers. Sometimes, they're not leased right away, but it will always be there for the owner to make something out of the acreage. Investors can easily join the $50 billion agricultural industry just by renting their acreage to eager farmers.

Not to Mention the Coffee & Wine

The fertile land for sale in Oregon has allowed hundreds of wineries to nurture high-quality vineyards. There's not much of a barrier to contributing to the wine industry. Entrepreneurs with no agricultural background have started their vineyards and wineries and remain successful years later. These stories of unexpected agriculturists go to show how much Oregon soil has to offer its inhabitants.

Another highly-favored drink in Oregon is coffee. Reporters have affirmed that the state's "coffee culture" engulfs people in an intimate experience like no other. Nearly any city you go to in Oregon is spotted with roasters, micro-roasters, and coffee houses.

The Beaver State is not opposed to more roasters. If farming does not pull you in, then roasting may be your next venture. You can set up shop in a rural area and serve the people around you.

#3 – Its Outdoor Culture

In Oregon, people ski, surf, hike, hunt, paddle, and climb. There is no need to leave the state for an outdoor adventure. This state has every outdoor activity you could possibly think of.

Each hike you take brings you to a different world. The Broken Top Trail and the Misery Ridge Trail are just a couple of the multiple gorgeous treks that characterize luscious Oregon.

For families, there is no better place to expose your little ones to nature. Any agricultural or recreational business you may start can teach them how to respect the outdoors and how to work.

Just like agriculture, the outdoor industry is a vital part of Oregon's economy. At least a couple thousand residents work in outdoor recreation. They are crucial to the state's tourism business.

#4 – Fast-Growing Population

The availability of land for sale in Oregon will not last for long. The state's population saw a 10.6% increase within the last decade. These new residents are looking for job opportunities, rural land, and adventurous life.

Climate catastrophes and economic changes in the U.S. are driving people to seek out rural sanctuaries. While the prices are low, purchasers are eagerly snatching up acreage to create opportunities.

Investors have a few options to make money when they decide to purchase land for sale in Oregon: They can lease to farmers, start a winery, or let it sit for later use. The economy will only improve as Oregon's population grows and more people use its land to contribute to the state's wealth and well-being.