Between October 2025 and this morning, 311 landowners in 38 states sat down with the HuntLease Lease Price Calculator and asked the same question: what is my ground actually worth?
Then 145 of them left an email address. And exactly one turned that number into a live listing.
That gap is the most interesting thing in our data, and it says something uncomfortable about how the hunting-lease market actually works. The story everybody tells is that there isn't enough private land available — that leases are scarce, that landowners are locking gates and squeezing hunters out. Our numbers say the opposite. There is no shortage of landowners curious about leasing. There is a shortage of landowners who finish.
This is the first time we've opened up our own dataset. Here's what 311 real price calculations say about the 2026 hunting lease market.
How to read this data (and what it is not)
Before a single number: these are calculator outputs, not signed leases. Every figure below is what our pricing model returned when a landowner entered their acreage, state, habitat and lease structure. It is an asking-price estimate — a starting point for a negotiation, not a receipt.
A few other honest limits worth stating up front:
- Self-selected sample. These are landowners who went looking for a lease calculator. They skew toward people already considering leasing, which is exactly who we want to hear from — but it is not a random sample of American landowners.
- Self-reported inputs. We take the landowner's word on acreage, habitat quality and access. Nobody is walking the property line to check.
- Some duplicates. A landowner who runs three scenarios on the same tract counts three times. We have not de-duplicated by property, because the scenario itself is the interesting unit.
- No outcome data. We cannot tell you what these tracts eventually leased for, because 310 of the 311 never got listed. That is the point of this article.
With those caveats on the table, the patterns are still remarkably clean.
Finding 1: Landowner interest is compounding, and it's seasonal
Calculator volume has grown almost every month since we started tracking, and August 2026 is on pace to be the biggest month by a wide margin.
| Month | Price calculations run |
|---|---|
| Oct 2025 | 8 |
| Nov 2025 | 1 |
| Dec 2025 | 13 |
| Jan 2026 | 29 |
| Feb 2026 | 20 |
| Mar 2026 | 30 |
| Apr 2026 | 31 |
| May 2026 | 28 |
| Jun 2026 | 38 |
| Jul 2026 | 47 |
| Aug 2026 (through the 26th) | 66 |
Group it by quarter and the trend is unmistakable: 79 calculations in Q1, 97 in Q2, and 113 in the first two months of Q3 alone. August is running at roughly 2.5 calculations a day.
The takeaway for landowners: you are not early. If you have been telling yourself you'll "look into leasing next year," understand that the people you'd be competing with for hunters are pricing their ground right now, in the eight weeks before opening day. Lease shopping is seasonal and it front-loads hard. A tract that hits the market in December is fishing in a much smaller pond than one that hits it in August.
The takeaway for hunters: the late-summer window is when new inventory shows up, and it's also when you have the least leverage. Anything still unleased in January is either overpriced or has a problem — which is a real opportunity if you know how to sanity-check an asking price.
Finding 2: The median tract is 118 acres — not 1,000
Popular hunting media is written for big ground. Our data is not big ground.
| Percentile | Acreage |
|---|---|
| Smallest tract | 1 acre |
| 25th percentile | 50 acres |
| Median | 118 acres |
| 75th percentile | 280 acres |
| 90th percentile | 881 acres |
| Largest tract | 13,200 acres |
Sixty-eight tracts — 22% of everything we priced — were under 50 acres. Only 28 (9%) were 1,000 acres or more.
This matters because most of the pricing advice floating around the internet is implicitly written for a 500-to-2,000-acre timber tract or a Midwest farm. If you own 60 acres of hardwood behind the house, that advice will mislead you in both directions: it will tell you your ground is worth less per acre than it is, and it will tell you to expect a bigger annual check than you'll ever see.
The typical American landowner thinking about a hunting lease owns a piece of ground you could walk across in twenty minutes. Price it accordingly.
Finding 3: The per-acre curve is brutally steep
This is the single most useful chart in our dataset, and it's the one that surprises landowners most. Median calculated value per acre, by tract size:
| Tract size | Tracts priced | Median value per acre |
|---|---|---|
| Under 20 acres | 19 | $113.51 |
| 20–50 acres | 49 | $119.19 |
| 50–100 acres | 59 | $67.37 |
| 100–200 acres | 74 | $37.89 |
| 200–500 acres | 59 | $20.01 |
| 500–1,000 acres | 23 | $15.54 |
| 1,000+ acres | 28 | $2.94 |
A 40-acre tract prices out at roughly forty times the per-acre rate of a 1,000-acre tract. That is not a modeling quirk — it's how the market actually behaves, and it's worth understanding why.
Small tracts don't sell acres. They sell exclusivity. A hunter leasing 40 acres is buying a place where nobody else is allowed to hang a stand, and the price of that is set by what one or two hunters will pay for a season, not by a rate card. A 1,000-acre tract, on the other hand, is priced against every other 1,000-acre tract in the county, and it competes on dollars-per-acre because that's the only way to compare them.
There's also a floor effect. There is a minimum a hunter will pay for a usable season on private ground — call it $800 to $2,000 depending on the region — and that floor doesn't shrink just because the tract does. Spread across 15 acres, it looks enormous per acre. Spread across 1,500, it disappears.
We wrote about this pattern before we had our own numbers to prove it, in Hunting Lease Pricing by Acreage. It's satisfying to see 311 independent data points land on the same curve.
An important reconciliation
If you've read our state-by-state pricing comparison, you'll notice most regional market rates there sit between $8 and $30 an acre, while the overall median here is about $40. That is not a contradiction — it's a composition effect. Our median tract is 118 acres, and small tracts carry a much higher per-acre number. Weight the same data by acreage instead of by tract and the picture snaps back toward the familiar regional rates.
Which is a good reminder: "average price per acre" is close to meaningless unless you say what size tract you mean. Anyone quoting you a single statewide per-acre figure is selling you something.
Finding 4: Three out of four landowners want an annual lease
| Lease structure | Calculations | Share |
|---|---|---|
| Yearly | 234 | 75.2% |
| Seasonal | 64 | 20.6% |
| Daily / weekly (dynamic) | 13 | 4.2% |
There's a lot of noise in the outdoor industry about short-term and per-day access — the "book a hunt like a hotel room" model. Our landowners are not asking for it. Three quarters of them want one lessee, one check, one season, and their gate closed to everybody else.
That preference is rational. Annual leases mean one relationship to manage, one insurance conversation, one set of names on the agreement, and a tenant with a reason to care about the property in July as well as November. Day-rate access means a rotating cast of strangers, more liability surface, and far more of your own weekends spent playing outfitter.
If you're weighing the structures against each other, our breakdown of per-hunter versus per-acre pricing covers the money side, and the sample lease agreement covers the paperwork.
Finding 5: The demand map — where landowners are actually pricing ground
Thirty-eight states are represented. Eight of them account for 60% of all activity.
| State | Calculations | Share of total |
|---|---|---|
| Texas | 51 | 16.4% |
| Pennsylvania | 42 | 13.5% |
| Georgia | 22 | 7.1% |
| West Virginia | 16 | 5.1% |
| Virginia | 15 | 4.8% |
| Missouri | 15 | 4.8% |
| Tennessee | 14 | 4.5% |
| North Carolina | 13 | 4.2% |
Texas leading is no surprise — it's the most mature private-land hunting market in the country, and leasing there is simply how hunting works. Pennsylvania at number two is more interesting. PA has enormous public land and a deep public-land culture, and it still generates the second-highest volume of landowners asking what their ground is worth. That's a market in transition, and it tracks with what we see in search demand for Pennsylvania lease terms.
The Appalachian block — West Virginia, Virginia, Tennessee, North Carolina — punching well above its population share is the other signal worth noting. A lot of that ground is in the hands of families and, increasingly, of timber and land companies running formal lease programs. Both are trying to price the same thing.
If your state is on that list, the practical move is to look at what's actually posted near you before you set a number — start with current listings and filter by state.
Finding 6: 311 priced their land. One listed it.
Here is the number that should bother everyone in this industry, including us.
| Stage | Count | Conversion from prior step |
|---|---|---|
| Priced their ground | 311 | — |
| Left an email address | 145 | 46.6% |
| Created a live listing | 1 | 0.7% |
Nearly half of the landowners who ran a calculation cared enough to hand over an email. Then almost all of them stopped.
We don't think that's apathy. Pricing your ground takes four minutes and commits you to nothing. Listing it means deciding you're actually going to let strangers hunt your property — and that's where the real questions start showing up:
- "What happens if somebody gets hurt out there?" This is the number one blocker, and it's a solvable one. Recreational-use statutes in most states stop protecting you the moment you accept money, which is exactly why the written lease and the insurance conversation matter. Our guide to landowner liability walks the actual legal mechanics.
- "How do I know I'm not letting in a bad tenant?" Legitimate. Screening, references and a written agreement with real teeth handle most of it.
- "Is this even worth the hassle for $4,800?" Depends entirely on what the ground is doing for you otherwise. For a lot of families it's the difference between the property paying its own taxes and not.
- "What am I actually agreeing to?" Fair — which is why we publish a plain-English sample lease agreement rather than making you guess.
The scarcity in the hunting lease market isn't land. It's landowners getting past question one.
So what is the median tract actually worth?
Across all 311 calculations, the annual value distribution looked like this:
| Percentile | Calculated annual lease value |
|---|---|
| 25th percentile | $2,946 |
| Median | $4,790 |
| 75th percentile | $8,185 |
| 90th percentile | $12,600 |
| Highest | $27,548 |
So the median landowner in our data owns 118 acres and is looking at somewhere around $4,800 a year — call it $400 a month for ground they already own and, in most cases, already pay taxes on.
That is not life-changing money. It is, for a lot of rural families, the property tax bill plus a new set of tires. And unlike timber or row-crop income, it arrives without you cutting anything down or planting anything.
Treat these as asking-price anchors rather than guarantees. What you actually clear depends on access quality, habitat, neighbors, and the fees and hidden costs that sit underneath the headline number on both sides of the deal.
What we'd tell you to do with this
If you own the ground: run the numbers, then actually list it. The data says the pricing step is easy and nearly everyone stops there. Take an hour, read the liability guide, and see how leasing through HuntLease works — the listing wizard takes about fifteen minutes once you've decided.
If you're hunting: understand that the person on the other side of your next lease negotiation is probably a first-timer with 118 acres who is nervous about liability and has never done this before. Show up with a written agreement, proof of insurance, and references, and you will be the easiest yes they get all season. That's worth more than haggling over $200.
If you're between the two — you own ground and you hunt it — the small-tract premium in Finding 3 is the number to sit with. You may be sitting on more annual value than you think, precisely because your place is small.
Frequently asked questions
Is this data representative of the whole hunting lease market?
No, and we'd be lying if we said otherwise. It represents landowners who went looking for a lease pricing tool between October 2025 and August 2026. It's a strong signal about people actively considering leasing, and a weak signal about landowners generally.
Why is your median per-acre number higher than the rates in your state guides?
Tract size. Our median tract is 118 acres, and small tracts price far higher per acre than large ones. Weight by acreage rather than by tract and the numbers converge with the $8–$30 range you'll see in the regional guides.
Are these prices what landowners actually got paid?
No. They're calculated asking-price estimates. Only one of the 311 tracts became a live listing, so we have no closing data to report — and we'd rather tell you that than dress up an estimate as a transaction.
Does a small property really lease for over $100 an acre?
On a per-acre basis, frequently — but that's a misleading way to think about it. A 20-acre tract at $110 an acre is a $2,200 lease. The hunter is paying for a private place to hunt, not for acreage, and $2,200 is a normal number for one or two hunters on good ground.
What's the single biggest thing stopping landowners from leasing?
Liability worry, by a distance. It's also the most fixable: a written lease, a release, and a lease-specific insurance policy resolve most of what people are actually afraid of.
How often will you update these numbers?
As the dataset grows. At the current run rate we'll have doubled the sample within a year, and we'll publish the update whether it flatters us or not.
Price your own ground
Every number in this article came from landowners doing one thing: entering their acreage and their state and hitting calculate. It takes about four minutes and costs nothing.
Run your property through the Lease Price Calculator and see where it lands on the curve above. If the number looks worth pursuing, list your land and be the second one to finish.
And if you're on the hunting side of this, browse current listings — or read Hunting Leases by the Numbers for the wider market picture this dataset sits inside.
Data current as of August 26, 2026. Figures are calculator outputs, not transaction records. Nothing here is legal, tax or financial advice — talk to a professional in your state before signing a lease.