Iowa Farmland Prices July 23rd – 31st

Before we discuss monthly results for farmland prices, we need to cover the last week of July’s data and top-selling farms. From the table below, you will see that there are 13 auction results and a total of 1,904 acres of farmland sold in Iowa during July 23rd – 31st. The average price per acre of farmland from these 13 auction results is $13,146/acre and $165/CSR2 point.

Top Selling Farmland in Iowa

During the last week of July, O’Brien County, IA was the highest selling farm with 160 acres selling at $23,500/acre. Runner-up went to 116 acres in Story County, IA that sold for $20,000/acre by the auction method and had an 83.3 CSR2 which totals $240/CSR2. Third place goes to Dickinson County, IA 160 acres sold for $18,700/acre or $213.47/CSR2.

Jason Smith

Jason Smith

Auctioneer, Land Broker, Founder

Jason is an Auctioneer and Land Broker in Iowa and the surrounding states.  The DreamDirt team is comprised of auctioneers, land brokers, and realtors. We specialize in farmland sales primarily serving the heirs to family farms all across Iowa and some surrounding states.  Today's report details Iowa's current land market for land sold at auctions.

Email: Jason@dreamdirt.com | Phone: (515) 537-6633

Number of Acres Sold in Iowa During July 2022

If you take a look at the graph to the right you will see a decrease in farmland acres sold at auction from June to July. June was a crazy month for farmland sales in Iowa with more than 15,000 acres sold. In June we saw 8,467 acres sold which is still an increase from July of 2021 when only 5,229 were sold. We expect this Fall/Winter to be a busy time for farmland auctions and listings. If you are thinking of selling, now is the time to reach out to learn more about the process! Fill out this form to get started today and one of our auctioneers or land brokers will contact you shortly! 

Average Price Per Acre Farmland in Iowa

For the month of July, the price per acre average is $12,593.38 which is down slightly compared to $13,623/acre in June. This is still an increase from the $11,645/acre average in July 2021. 
mailbox and rain gauge in iowa farm field

Price Per CSR2 Point Iowa Farmland

The price per CSR2 point is also lower compared to June. We still saw an increase from July 2021 to July 2022 from $151/CSR2 to $164.13.
farm real estate mortgage rates
County Acres $/Acre CSR2 $/CSR2
Mitchell 165 $7,800.00 70.8 $110.17
Mitchell 25 $7,300.00 53.4 $136.70
Mitchell 60 $14,000.00 91.5 $153.01
Shelby 156 $15,000.00 68 $220.59
Mills 167.51 $12,000.00 84.5 $142.01
Dickinson 159.7 $18,700.00 87.6 $213.47
Story 116 $20,000.00 83.3 $240.10
Fayette 152.39 $12,500.00 84.6 $147.75
Sac 319.39 $13,300.00 82.5 $161.21
O’Brien 160 $23,500.00 95.7 $245.56
Ida 118.25 $9,100.00 76.9 $118.34
Marshall 267.79 $14,250.00 86.3 $165.12
Decatur 37.5 $3,450.00 34.8 $99.14
Totals 1904.53 $13,146.15 $165.63
Rachel Tiffany

Rachel Tiffany

Farmland Auctioneer | Land Broker

Rachel is a licensed real estate salesperson specializing in the sale of farm, land, and rural residential real estate. She is a graduate of Iowa State University with a major in Animal Science and a minor in Agricultural Business. Rachel has a strong interest in valuations and appraisal of rural properties and studied Rural Property Appraisal at Iowa State. She also works for DreamDirt as the Online Auction Coordinator building and facilitating their online land and equipment auctions.

Email: rachel@dreamdirt.comPhone: (515) 954-8063

Iowa Land Prices at A Glance

Our Iowa Farmland Price Heat Maps have been a huge help for people that want to visualize and research farmland prices in Iowa.  Here you can research your farm’s proximity or the statewide market and see individual sale results, average prices per acre, the average price per CSR2 point as well as volumes of sales, and the number of acres sold.  Use this market price research tool right here at DreamDirt.  Click the Iowa map to get started.

Request a Free Valuation for Your Farm or Land Property

Whether you’re ready to start the selling process, or even remotely curious, we will gladly provide you with a FREE Market Analysis! If you are in a position to sell land in the Midwest, we want to help you achieve the top of the market on your sale.

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