Toll free
(855) 376-3478

What is your Farm Worth?

FREE EVALUATION

Learn your farm's value quickly

Farmland Listings & Auctions | Farms For Sale    
Auctioneers | Land Brokers | Real Estate

DreamDirt’s Blog

Powerful Information, Successful Transactions in Agriculture

Iowa Farmland Prices Auction Results Feb 2018

Iowa Farmland Auction Price Report – Week 7 2018

Week 7 is in the books for 2018 Iowa farmland auctions and we’ve added another week to our trendline.  $14.6 Million dollars of farmland traded hands in Iowa last week with an average price of $7387 per acre.  Once agin this week treated sellers of farmland across the state very well.  There were 3 notable farmland auctions producing over $10,000 per acre with a tract selling in Benton County for $14,300, Plymouth County at $11,150 and $11,450 as well as Clinton County with a quarter selling for $10,800 per acre.

Average Farmland Prices in Iowa

The average farmland values and auction results didn’t look a whole lot different than last week with the dollars per CSR2 point coming in at $95.07 for the week and the average per acre price at $7387.  Both were slightly down from the previous week but nearly dead even.  Measured over a short period of time from week to week you’ll see more of a trend each week.  So far in the 7 weeks of 2918 we have measured the highest per acre price was in week 4 with $8841 per acre and $114,40 per CSR2 point.

Farmland Sales in Iowa

iowa farmland price report

This was the highest volume week of 2018 so far which really isn’t say much, farmland sales continue to be very low.  This week 2084.76 acres sold and 90.54% of them or 1887.63 of them were tillable farmland.  The continued low volume will ensure good results for sellers of tillable farmland that is good quality in most areas and most situations.  We do continue to see areas where multiple auctions have already occurred that its obvious supply is a little ahead of demand.  As more sales occur drawing capital out of a local area the results tend to show that pressure.  The majority of farms being sold today are being sold to farmers, around 80%. Investors looking to purchase farms in Iowa should watch these areas where multiple auctions occur in close time proximity to narrow down places they can be successful at their price points and margin.  There are also a fair number of farmers looking for leaseback sales right now and if that is something that interests you please contact us as we have quite a few requests for investor buyers right now.

Insuring good results for your good quality farm today really means that your exposure needs to be very thorough and across all channels of communication to ensure as much competition as possible for the farm.  If you are thinking of selling a farm DreamDirt can help you find the top of the market on your farm. There are many considerations before selling a farm and we can help guide you through the process.  You’ll find that our system is very simple for you and capable of reaching the right people very fast.  We know you’ll have many questions but let us help you put your mind at ease. You can contact me directly Auctioneer Jason Smith 712-592-8965 or send me a request to help you value your farm.  Get a Free Farmland Market Analysis

Farmland Price Results by Auction and County

County Total Acres Tillable Acres Price Per Tillable CSR2 $ per Tillable CSR2 Total Price
Benton 176 170.2 $14,300 91.6 $156.11 $2433860.00
Adair 167 141.52 $4300 63.5 $67.72 $608536.00
Adair 200 179.1 $4700 66.9 $70.25 $841770.00
Adair 80.51 63.27 $2950 56.6 $52.12 $186646.50
Pocahontas 115 111.09 $7550 86.8 $86.98 $838729.50
Pocahontas 155 152.01 $8600 82.8 $103.86 $1307286.00
Pocahontas 83 78.45 $7300 82.7 $88.27 $572685.00
Pocahontas 80 75.04 $6900 74.1 $93.12 $517776.00
Pocahontas 4.89 4.89 $5726 74.5 $76.86 $28000.14
Harrison 71.38 71.05 $5725 57.2 $100.09 $406761.25
Palo Alto 36.26 36.26 $7622 87.1 $87.51 $276373.72
Palo Alto 75.72 75.72 $7158 82.7 $86.55 $542003.76
Plymouth 78.08 76.47 $11450 88 $130.11 $875581.50
Plymouth 71.42 70.92 $11150 86.1 $129.50 $790758.00
Wayne 80 63.16 $3000 43.1 $69.61 $189480.00
Howard 62 60.5 $9250 88.6 $104.40 $559625.00
Chickasaw 146.43 120.11 $6328 69.2 $91.45 $760056.08
Pocahontas 107 102.97 $9100 85.4 $106.56 $937027.00
Clinton 160 148.1 $10,800 83.5 $129.34 $1599480.00
Mills 135.07 86.8 $3850 54.2 $71.03 $334180.00
STATEWIDE AVERAGE $7387.95 75.23 $95.07
TOTALS 2084.76 1887.63 $14,606,615.45

Featured Iowa Farmland Auction

Join us on February 22nd at Sioux County Iowa for a fantastic tillable farm with 92 CSR2.  This farm is absolutely top shelf, high quality tillable farmland.  Located just 2.5 miles from Boyden Iowa this farm is sure to add something to every farms production capacity or investment portfolio.  We will have live bidding and online bidding starting at 10AM.  Its easy to register and join from afar even if you can not be in person at the auction.  Auctioneers Jason Smith and Tom Bradley 712-592-8965

Want to start the process of selling a farm with DreamDirt? Get a free Market Analysis first.
This entry was posted in Emmett county iowa farmland prices, Farmland Inheritance, Farmland Ownership, farmland prices, farms for sale in Iowa, Floyd county iowa farmland prices, Franklin county iowa farmland prices, Fremont county iowa farmland prices, Greene county iowa farmland prices, Guthrie county iowa farmland prices, Hamilton county iowa farmland prices, Hancock county iowa farmland prices, harrison county iowa farmland prices, Howard county iowa farmland prices, humboldt county iowa farmland prices, Iowa Farmland, Iowa Farmland Auctioneers, Iowa Farmland Auctions, Iowa Farmland Brokers, Iowa Farmland For Sale, Iowa Farmland Prices, Iowa Farmland Values, jasper county iowa farmland prices, Johnson county iowa farmland prices, kossuth county iowa farmland prices, lyon county iowa farmland prices, Marshall county iowa farmland prices, mills county iowa farmland prices, page county iowa farmland prices, plymouth county iowa farmland prices, Pocahontas county iowa farmland prices, polk county iowa farmland prices, sac county iowa farmland prices, Shelby county iowa farmland prices, Sioux County Iowa Farmland Prices, story county iowa farmland prices, tama county iowa farmland prices, union county iowa farmland prices, wappello county iowa farmland prices, warren county iowa farmland prices, Washington county iowa farmland prices, Wayne county iowa farmland prices, Webster county iowa farmland prices, winnebago county iowa farmland prices, winneshiek county iowa farmland prices and tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink. Follow any comments here with the RSS feed for this post. Both comments and trackbacks are currently closed.