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

Realtors Land Institute Iowa Farmland Prices Survey March 2018

Iowa Farmland Prices

A new report from the Realtors Land Institute Iowa Chapter is out on Iowa Farmland Prices and it shows a gain in farmland values again for the 3rd report in a row.  This report is a 6-month report that has shown gains in Iowa farmland prices after several years of declines.  According to the report, Iowa farmland gained 2.9% value statewide over the past 6 months.  The previous report showed an increase of 2% statewide for a total of 4.9% over the last 12 months in Iowa.  The report is based on estimates from auctions, appraisers, land brokers and others knowledgeable about the farmland market in Iowa.

Farmland Prices by Crop Reporting District in Iowa

As we have noted in our own reports on Iowa farmland market reports there continues to be significant demand for high-quality farms, very very few of them are available which continues to contribute to a strong land market.  This report measures all 9 crop reporting districts in Iowa and every district showed an increase in farmland values with the largest increase in East Central Iowa at +4.3% and the lowest increase in south central Iowa at +1.6%.  Values of high-quality cropland were estimated at an average of $9,376 per acre, medium quality farmland was estimated to be worth an average of $6,925 per acre while the average value of low-quality farmland was estimated to be $4,552 per acre.  The average value of non-tillable pasture was estimated at $2,829 per acre an increase of $105 per acre statewide.  Timber acres came in with an increase of 3.11% statewide up from $2,366 to $2,442 per acre.

Farmland Value Survey Results

Land Classification By Potential Corn Production

High Quality
Crop Land
September 2017
High Quality
Crop Land
March 2018
Medium Quality
Crop Land
September 2017
Medium Quality
Crop Land
March 2018
Low Quality
Crop Land
September 2017
Low Quality
Crop Land
March 2018
Non – Tillable
Pasture Per Acre
September 2017
Non – Tillable
Pasture Per Acre
March 2018
Timber
Per Acre
September 2017
Timber
Per Acre
March 2018
 Percent Change in Tillable Cropland Values Past 6 Months
%
Central $9,904 $10,107 $7,262 $7,500 $4,643 $4,826 $2,742 $2,853 $2,324 $2,432 +2.9%
East Central Iowa $9,888 $10,254 $7,210 $7,253 $4,568 $4,821 $2,711 $2,899 $2,200 $2,253 +4.3%
North Central Iowa $8,809 $9,035 $6,660 $6,940 $4,501 $4,789 $2,213 $2,334 $1,713 $1,878 +4.0%
Northeast $9,373 $9,759 $7,047 $7,175 $4,438 $4,700 $2,881 $2,963 $2,670 $2,734 +3.7%
Northwest $10,814 $10,969 $8,250 $8,452 $5,297 $5,439 $2,960 $2,939 $2,565 $2,538 +2.1%
South Central Iowa $7,017 $7,274 $4,676 $4,761 $3,064 $2,964 $2,548 $2,630 $2,856 $3,012 +1.6%
Southeast Iowa $9,451 $9,620 $6,156 $6,404 $3,727 $3,822 $2,640 $2,744 $2,285 $2,496 +2.6%
Southwest $7,792 $8,064 $6,193 $6,363 $4,500 $4,671 $3,164 $3,294 $2,383 $2,338 +3.3%
West Central Iowa $9,053 $9,304 $7,197 $7,205 $4,845 $4,935 $2,817 $2,905 $2,300 $2,329 +1.7%
State of Iowa $9,122 $9,376 $6,739 $6,925 $4,398 $4,552 $2,724 $2,829 $2,366 $2,442 +2.9%

Selling Farmland in Iowa?

iowa farmland appraisalsEnsuring good results for your good quality Iowa farm real estate 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 Iowa farmland Auctioneers Jason Smith, CAI 712-592-8965 and Tom Bradley 515-202-7687 or send me a request to help you value your farm and learn more about selling Iowa farm real estate.  Get a Free Farmland Market Analysis.

 

 

Iowa Farmland Prices

What is my farm worthYou can learn more about individual counties in Iowa at DollarsAndDirt.com where we keep track of every farmland sale price for auctions in Iowa.

Adair County Iowa  Farmland Prices

Adams County Iowa  Farmland Prices

Allamakee County Iowa  Farmland Prices

Appanoose County Iowa  Farmland Prices

Audubon County Iowa  Farmland Prices

Benton County Iowa  Farmland Prices

Black Hawk County Iowa  Farmland Prices

Boone County Iowa  Farmland Prices

Bremer County Iowa  Farmland Prices

Buchanan County Iowa  Farmland Prices

Buena Vista County Iowa  Farmland Prices

Butler County Iowa  Farmland Prices

Calhoun County Iowa  Farmland Prices

Carroll County Iowa  Farmland Prices

Cass County Iowa  Farmland Prices

Cedar County Iowa  Farmland Prices

Cerro Gordo County Iowa  Farmland Prices

Cherokee County Iowa  Farmland Prices

Chickasaw County Iowa  Farmland Prices

Clarke County Iowa  Farmland Prices

Clay County Iowa  Farmland Prices

Clayton County Iowa  Farmland Prices

Clinton County Iowa  Farmland Prices

Crawford County Iowa  Farmland Prices

Dallas County Iowa  Farmland Prices

Davis County Iowa  Farmland Prices

Decatur County Iowa  Farmland Prices

Delaware County Iowa  Farmland Prices

Des Moines County Iowa Land Auction

Dickinson County Iowa  Farmland Prices

Dubuque County Iowa  Farmland Prices

Emmet County Iowa  Farmland Prices

Fayette County Iowa  Farmland Prices

Floyd County Iowa  Farmland Prices

Franklin County Iowa  Farmland Prices

Fremont County Iowa  Farmland Prices

Greene County Iowa  Farmland Prices

Grundy County Iowa  Farmland Prices

Guthrie County Iowa  Farmland Prices

Hamilton County Iowa  Farmland Prices

Hancock County Iowa  Farmland Prices

Hardin County Iowa  Farmland Prices

Harrison County Iowa  Farmland Prices

Henry County Iowa  Farmland Prices

Howard County Iowa  Farmland Prices

Humboldt County Iowa  Farmland Prices

Ida County Iowa  Farmland Prices

Iowa County Iowa  Farmland Prices

Jackson County Iowa  Farmland Prices

Jasper County Iowa  Farmland Prices

Jefferson County Iowa  Farmland Prices

Johnson County Iowa  Farmland Prices

Jones County Iowa  Farmland Prices

Keokuk County Iowa  Farmland Prices

Kossuth County Iowa  Farmland Prices

Lee County Iowa  Farmland Prices

Linn County Iowa  Farmland Prices

Louisa County Iowa  Farmland Prices

Lucas County Iowa  Farmland Prices

Lyon County Iowa  Farmland Prices

Madison County Iowa  Farmland Prices

Mahaska County Iowa  Farmland Prices

Marion County Iowa  Farmland Prices

Marshall County Iowa  Farmland Prices

Mills County Iowa  Farmland Prices

Mitchell County Iowa  Farmland Prices

Monona County Iowa  Farmland Prices

Monroe County Iowa  Farmland Prices

Montgomery County Iowa  Farmland Prices

Muscatine County Iowa  Farmland Prices

O’Brien County Iowa  Farmland Prices

Osceola County Iowa  Farmland Prices

Page County Iowa  Farmland Prices

Palo Alto County Iowa  Farmland Prices

Plymouth County Iowa  Farmland Prices

Pocahontas County Iowa  Farmland Prices

Polk County Iowa  Farmland Prices

Pottawattamie County Iowa  Farmland Prices

Poweshiek County Iowa  Farmland Prices

Ringgold County Iowa  Farmland Prices

Sac County Iowa  Farmland Prices

Scott County Iowa  Farmland Prices

Shelby County Iowa  Farmland Prices

Sioux County Iowa  Farmland Prices

Story County Iowa  Farmland Prices

Tama County Iowa  Farmland Prices

Taylor County Iowa  Farmland Prices

Union County Iowa  Farmland Prices

Van Buren County Iowa  Farmland Prices

Wapello 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

Woodbury County Iowa  Farmland Prices

Worth County Iowa  Farmland Prices

Wright County Iowa  Farmland Prices

Want to start the process of selling a farm with DreamDirt? Get a free Market Analysis first.
This entry was posted in Iowa Farmland Prices, iowa farmland sales, Iowa Farmland Values, Iowa Land Auction Company, Uncategorized and tagged , , , , , , , , , , . Bookmark the permalink. Follow any comments here with the RSS feed for this post. Both comments and trackbacks are currently closed.