Although studies of the determinants of farmland prices are common in developed country settings, such analyses are extremely scarce in Sub-Saharan Africa. This paper offers a comprehensive examination of land values across Tanzania. Land prices rose significantly between 2008/09 and 2012/13, presenting a potential obstacle to land access for poor and aspiring farmers. A hedonic analysis reveals that indicators of agricultural potential, local population density, and access to markets/urban centers are all statistically significant determinants of land values in Tanzania. The paper concludes with a discussion of promising directions for future research on land values in SubSaharan Africa.