Soil electrical conductivity has an important influence on the growth and development of plants. The existing real-time soil electrical conductivity detection device is affected by temperature, inconvenient to use, expensive, etc.; therefore, based on the classical four-terminal method of soil electrical conductivity detection principle, in this study, we aim to improve the limitations of the constant current source, selecting the high-performance integrated chip AD5941, optimizing the detection circuit and probe structure, improving the achievability of the detection circuit, and designing a type of in situ on-line real-time access to a soil electrical conductivity detection device, and improve the detection accuracy by temperature compensation. In this paper, dynamic performance, steady state performance, radial sensitivity range, and calibration test are carried out for the soil electrical conductivity detection prototype. The test results show that the dynamic response speed of the prototype is less than 50 ms, the steady state error is not more than ±2%, and the radial measurement sensitivity range is 8~10 cm. A comparison with the commercial sensor shows that the linear fit of the two measurements reaches 0.9995, and the absolute error ranges from −61.40 µS/cm to 23.90 µS/cm, with a relative error range of −1.94~1.86%. It shows that the performance of the two sensors is comparable, but the quality/price ratio of the prototype is much higher than that of the commercialized product. In this study, it is demonstrated that a high-precision, low-cost, and easy-to-use in situ online soil electrical conductivity detection device can be provided for agricultural and forestry production.