The main purpose of this paper is to carry out an analysis of the agricultural land market in Poland based on market transactions conducted in 2002. Authors analysed the sale and lease market of agricutural land making an allowance for its ownership structure. The analysis was made both on the private market and toward the land owned by the State Treasury and managed by the Agency of the Agricultural Propety of the State Treasury (since July 16, 2003 transformed into the Agricultural Property Agency).