Land prices are out of whack right now. We're seeing a HUGE spike in land value "out in the boonies" b/c everyone wants to get away from the city. "Outskirts" often times are annexed into the boardering city, so "middle ground" is actually losing value (which was the total opposite of the past 25 years).

I used to work for the county land surveyors office part time in High School. It wasn't uncommon for local farm land to go for 8k/acre...or the same piece of land for residential use nearly 4x that. Absolutely insane. Other than a little clay, land around here has a great PH balance.