North Dakota land values declined one percent over the past year. The 2018 County Rents and Prices Report is based on surveys conducted in February and March. Declining land values were reported in northwest, north-central, east-central North Dakota and in the southern and northern Red River Valley. The northern Red River Valley had the biggest decline, down six percent over the past year. Farmland values increased in portions of southern North Dakota, led by the southeastern corner of the state with a seven percent increase.