▶ Quarterly Data · Edition Q3 2026 · Africa Estate Agricultural

South African Farm Price Report

What farmland sold for per hectare, by province, district and farm size. Sales from 1 October 2024 to 30 September 2026.

South African farmland sold for a median of R2 500 per hectare in the Northern Cape and R30 000 per hectare in Gauteng, with every other province in between, across 3 962 registered sales of farms of 50 hectares or more over the past two years. This report shows the typical price and the middle half of sales for every province, for 44 of the country's 50 districts with enough farm sales, and for three farm sizes, because a hectare of a small farm and a hectare of a large one are not the same thing.

Also in: Afrikaans · Deutsch · Nederlands · Download the data (CSV)

▣ Key Findings

  • Based on 3 962 registered farm sales of 50 hectares or more across all nine provinces, from 1 October 2024 to 30 September 2026.
  • The median price ranges from R2 500 per hectare in the Northern Cape to R30 000 per hectare in Gauteng.
  • In the Free State the median is R13 500 per hectare; in the Northern Cape it is R2 500, because most of that province is extensive grazing.
  • Smaller farms sell for more per hectare than large ones in every province with enough sales to compare.
  • Every figure rests on at least 10 separate sales and is rounded; no single sale, farm or owner can be read from it.
  • Free to use with acknowledgement (CC BY 4.0): cite "Africa Estate, South African Farm Price Report, Q3 2026".

Farm Prices by Province

Land is cheapest per hectare where it is driest and the farms are largest, and dearest where rainfall, irrigation, and the pull of a city meet. The middle half of sales is wide in every province: a farm's own water, soil and improvements matter more than its province.

Price per hectare by province

The bar is the middle half of farm sales (25th to 75th percentile); the orange mark is the median. Registered sales of 50 ha or more, 1 October 2024 to 30 September 2026.

Northern CapeR2 500 (R1 500 to R5 500)
Eastern CapeR9 500 (R5 500 to R20 000)
Free StateR13 500 (R8 500 to R23 000)
North WestR13 500 (R8 500 to R22 000)
LimpopoR16 000 (R9 500 to R30 000)
MpumalangaR22 000 (R13 000 to R40 000)
KwaZulu-NatalR23 000 (R9 500 to R51 000)
Western CapeR27 000 (R8 000 to R80 000)
GautengR30 000 (R16 500 to R43 000)

Logarithmic scale: each step doubles or more, so the low-priced Karoo and Kalahari land stays readable next to the Western Cape.

The figures as a table
Rand per hectare, all farm sizes of 50 ha or more.
Province25th pctMedian75th pctSales
Free StateR8 500R13 500R23 00020+
Northern CapeR1 500R2 500R5 50020+
Eastern CapeR5 500R9 500R20 00020+
GautengR16 500R30 000R43 00020+
KwaZulu-NatalR9 500R23 000R51 00020+
LimpopoR9 500R16 000R30 00020+
MpumalangaR13 000R22 000R40 00020+
North WestR8 500R13 500R22 00020+
Western CapeR8 000R27 000R80 00020+

Farm Size Changes the Price per Hectare

In every province with enough sales to compare, farms of 50 to 300 ha sell for more per hectare than farms over 1 000 ha. In the Free State the median falls from R16 000 for the smallest size band to R10 000 for farms over 1 000 ha. Small farms carry their house, sheds and often water on fewer hectares and draw more buyers. Always compare a farm with farms of its own size.

Median rand per hectare by farm size. Smaller farms cost more per hectare.
Province50 to 300 ha300 to 1 000 haOver 1 000 ha
Free StateR16 000R12 000R10 000
Northern CapeR71 000R5 000R2 000
Eastern CapeR25 000R8 000R6 000
GautengR30 000R26 000too few
KwaZulu-NatalR36 000R15 000R13 000
LimpopoR28 000R12 000R9 000
MpumalangaR25 000R19 000R16 000
North WestR16 500R10 500R8 000
Western CapeR56 000R14 500R2 000

Farm Prices by District

Open a province to see its districts. The last three columns give the median for each farm size; "too few" means fewer than 10 sales, or one sale so large it would dominate the figure.

Irrigation shows up clearly. In the Frances Baard district of the Northern Cape, home of the Vaalharts irrigation scheme, farms of 50 to 300 ha have a median of R149 000 per hectare, against R6 000 for the district as a whole.

Free StateMedian R13 500
DistrictMedianMiddle half50 to 300 ha300 to 1 000 haOver 1 000 ha
Fezile DabiR16 500R10 500 to R23 000R16 500R17 500R9 000
LejweleputswaR12 500R8 500 to R32 000R17 000R11 000R10 000
Mangaung *R9 000R6 000 to R21 000R21 000R7 500too few
Thabo MofutsanyanaR15 500R11 000 to R25 000R16 500R15 500R14 000
XhariepR7 000R5 500 to R9 500R8 500R7 000R6 500
Northern CapeMedian R2 500
DistrictMedianMiddle half50 to 300 ha300 to 1 000 haOver 1 000 ha
Frances BaardR6 000R4 500 to R19 000R149 000R5 500R4 500
John Taolo GaetseweR5 000R4 500 to R6 000too fewtoo fewR5 000
NamakwaR1 500R1 000 to R2 500R11 500R2 000R1 000
Pixley ka SemeR2 500R1 500 to R3 500too fewtoo fewR2 500
ZF MgcawuR2 000R1 000 to R5 500too fewR6 000R1 500
Eastern CapeMedian R9 500
DistrictMedianMiddle half50 to 300 ha300 to 1 000 haOver 1 000 ha
Alfred NzoR6 000R4 500 to R9 000too fewtoo fewtoo few
AmatholeR12 500R8 500 to R16 500R19 500R9 000R11 000
Buffalo City *R24 000R16 000 to R44 000R29 000too fewtoo few
Chris HaniR6 000R4 000 to R8 500R14 000R6 500R4 500
Joe GqabiR6 000R4 000 to R9 000too fewR6 000R5 000
Nelson Mandela Bay *Too few sales for a reliable figuretoo fewtoo fewtoo few
Sarah BaartmanR11 000R6 000 to R27 000R25 000R10 500R7 000
GautengMedian R30 000
DistrictMedianMiddle half50 to 300 ha300 to 1 000 haOver 1 000 ha
Ekurhuleni *Too few sales for a reliable figuretoo fewtoo fewtoo few
Johannesburg *Too few sales for a reliable figuretoo fewtoo fewtoo few
SedibengR30 000R18 500 to R44 000R30 000too fewtoo few
Tshwane *R32 000R21 000 to R43 000R32 000too fewtoo few
West RandR17 000R10 500 to R37 000R25 000too fewtoo few
KwaZulu-NatalMedian R23 000
DistrictMedianMiddle half50 to 300 ha300 to 1 000 haOver 1 000 ha
AmajubaR13 000R7 500 to R18 500R14 500R9 500too few
Harry GwalaR32 000R18 000 to R67 000too fewtoo fewtoo few
iLembeToo few sales for a reliable figuretoo fewtoo fewtoo few
King CetshwayoToo few sales for a reliable figuretoo fewtoo fewtoo few
UguR24 000R20 000 to R40 000too fewtoo fewtoo few
uMgungundlovuR45 000R31 000 to R88 000R46 000R44 000too few
uMkhanyakudeToo few sales for a reliable figuretoo fewtoo fewtoo few
uMzinyathiR10 000R8 500 to R35 000R31 000R9 500too few
uThukelaR18 500R11 500 to R45 000R24 000R16 500too few
ZululandR9 500R6 000 to R14 000R14 000R7 000too few
LimpopoMedian R16 000
DistrictMedianMiddle half50 to 300 ha300 to 1 000 haOver 1 000 ha
CapricornR12 000R7 000 to R22 000R24 000R11 000too few
MopaniR34 000R14 500 to R94 000R77 000R24 000too few
SekhukhuneR45 000R19 000 to R139 000R65 000too fewtoo few
VhembeR10 000R6 500 to R14 500R14 500R10 500R5 500
WaterbergR16 000R9 500 to R25 000R25 000R12 000R10 000
MpumalangaMedian R22 000
DistrictMedianMiddle half50 to 300 ha300 to 1 000 haOver 1 000 ha
EhlanzeniR18 000R11 000 to R47 000R24 000R15 500too few
Gert SibandeR21 000R14 000 to R34 000R23 000R18 000R23 000
NkangalaR30 000R14 000 to R50 000R33 000R21 000too few
North WestMedian R13 500
DistrictMedianMiddle half50 to 300 ha300 to 1 000 haOver 1 000 ha
BojanalaR19 500R11 000 to R46 000R23 000R13 500too few
Dr Kenneth KaundaR15 500R10 500 to R24 000R16 500R15 000too few
Dr Ruth Segomotsi MompatiR9 500R7 000 to R14 000R12 500R8 500R8 000
Ngaka Modiri MolemaR12 000R8 000 to R21 000R14 000R10 500R10 000
Western CapeMedian R27 000
DistrictMedianMiddle half50 to 300 ha300 to 1 000 haOver 1 000 ha
Cape Town *R262 000R116 000 to R694 000R347 000too fewtoo few
Cape WinelandsR67 000R10 500 to R220 000R189 000R16 500R1 500
Central KarooR2 500R1 500 to R8 500too fewtoo fewR2 000
Garden RouteR22 000R8 500 to R52 000R31 000R12 500R6 000
OverbergR53 000R23 000 to R99 000R85 000R38 000too few
West CoastR21 000R3 500 to R55 000R58 000R16 000R2 000

* Metropolitan municipality: rural land near a city, priced partly for its development potential rather than as a farm.

How We Calculate These Figures

  • Source. Transfers of agricultural land registered at the Deeds Office, as compiled by a licensed property data service, for the rural area of every municipality in South Africa (292 areas; in Limpopo, the registration divisions). Asking prices are not used.
  • Period. Sales dated 1 October 2024 to 30 September 2026: two full years, so that a district has enough sales to give a stable figure.
  • One sale per title deed. Where one deed transfers several farm portions together, the portions are added up and counted as one sale at one price. Deeds whose portions could not all be found were left out (89 deeds).
  • Farms only. Sales under 50 hectares (smallholdings) and nominal transfers under R100 000 (donations, family transfers) are left out. 3 962 sales remain.
  • Median and middle half. For every group we give the median price per hectare and the 25th to 75th percentile range. We never publish an average, a lowest or a highest sale.
  • Privacy floor. A figure is shown only when it rests on at least 10 separate sales and no single sale makes up more than 40% of the group's hectares. Figures are rounded to the nearest R500 per hectare below R20 000 and to the nearest R1 000 above. Sale counts are shown as bands (10 to 19, 20+). No sale, farm, owner or date can be read from this report.
  • What is not separated. The registered sales do not say how the land is farmed, so irrigated, dryland, grazing and game land are mixed within each district and size band.

Using These Figures

Buying. Use the district and size figures to see whether an asking price is in the normal range, then test the specific farm against comparable registered sales of the same land type before you make an offer. Our guides on how to buy a farm in South Africa, water rights and game farms cover what moves a farm above or below the median. Buyers living overseas should read buying a South African farm from abroad and can foreigners buy farms in South Africa.

Selling. A district median is a starting point, not a price for your farm. See farm valuation in South Africa and how to sell a farm.

Quoting. Journalists, researchers and lenders may use the figures freely under CC BY 4.0. Cite as: Africa Estate, South African Farm Price Report, Q3 2026, africaestate.co.za/farms/farm-price-report. The full table is in the CSV download.

Frequently Asked Questions

What does farmland cost per hectare in South Africa?

Between 1 October 2024 and 30 September 2026 the median registered sale price of farms of 50 hectares or more ranged from R2 500 per hectare in the Northern Cape to R30 000 per hectare in Gauteng. The spread inside each province is wide, so the district and farm-size tables in this report are the better guide.

What does a farm cost per hectare in the Free State?

The Free State median is R13 500 per hectare, with the middle half of sales between R8 500 and R23 000. The eastern and northern districts (Thabo Mofutsanyana, Fezile Dabi) sell higher than the dry south-west (Xhariep).

Why is land in the Northern Cape so cheap per hectare?

Most Northern Cape farms are large extensive grazing units in low-rainfall Karoo and Kalahari veld, where a farm carries few animals per hectare. Per hectare it is the cheapest farmland in the country. Small irrigated farms are the exception: in the Frances Baard district, home of the Vaalharts irrigation scheme, farms of 50 to 300 ha have a median of R149 000 per hectare.

Why do small farms cost more per hectare?

A small farm usually carries a house, buildings and often water on fewer hectares, and it attracts more buyers, including lifestyle buyers. A large extensive farm spreads its improvements over thousands of hectares of veld. Compare a farm with farms of the same size band, not with the provincial figure.

Does this report separate irrigated land, dryland and grazing?

Not yet. The registered sales do not record how the land is farmed, so each figure mixes irrigated, dryland, grazing and game land within its district and size band. A farm with registered water rights, or prime crop land, will usually sit above the median for its district.

Is this a valuation of my farm?

No. These are market totals, not a valuation of any property. A farm's value depends on its water, soil, veld, improvements and location, which a district figure cannot see. For a figure on your own farm, ask for a written market assessment.

Where do the figures come from?

From transfers of agricultural land registered at the Deeds Office, as compiled by a licensed property data service, for every rural area of every municipality in South Africa. Asking prices are not used. The method is set out in full on this page.

How often is the report updated?

Every quarter, each time over the latest 24 months. Each edition keeps its own figures, so a figure you cite stays the same.

Can I quote or reuse these figures?

Yes. The figures are published under the Creative Commons Attribution 4.0 licence: you may quote, chart and republish them, also commercially, provided you name the source as "Africa Estate, South African Farm Price Report, Q3 2026" with a link to this page. The full table is available as a CSV download.

Sources & Regulatory References

Disclaimer

This report gives aggregated market data, not a valuation of any property and not financial or investment advice. The figures describe registered sales in the stated period and can differ from current prices. A specific farm's value depends on its water, soil, veld, improvements, access and location. Africa Estate accepts no liability for decisions taken solely on these figures.

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