The highest priced land sales in Arizona

By Matt Lee | AZ Foothills Magazine

Land sales in Arizona are tricky business. Only 18.1% of the state’s land belongs to private owners. The federal government owns 42.1%. State trust land comprises 12.7% of the land, and the remaining 27.1% belongs to Native tribes.

As a result, private owners tend to hold on to their land when they have it. The federal government and Native tribes don’t sell their land, so the majority of land sales in Arizona are auctions done by the Arizona State Land Department.

These sales are’t cheap, so you have to be ready to spend to purchase land in Arizona. Any private land sales are also pretty costly. The selling price of land usually ranges between $4000 to $20000 per acre on real estate listings.

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