Madison County, Iowa Farmland Values and Land Auction Information

The following information is from Iowa State University’s Land Survey that’s released each December. It is only a guide and won’t apply exactly to your farmland.  Last update 12/2023. Data on this page can be up to 12 months old. To see current Iowa land prices and most recent farmland sales results click here

Madison County Iowa Farmland Value Profile

Madison County Iowa Farmland Value Profile
  • The average value of farmland in Madison County is $9,720 per acre which is up $438 from 2022 to 2023.
  • The average price of tillable farmland per CSR2 point in Madison County is $114.35 for 2023 land auctions.
  • Madison County is ranked 81 in the state of Iowa in average dollars per acre for tillable farmland.
  • The highest sale of farmland in Madison County in 2023 was $13,900 per acre.
Location South Central, Iowa
County Size 561 sq. miles
Total Acres 316,579
Cropland Acres 228,786
Average Price Per Acre Farmland $9,720
Average Price Per Acre for South Central, IA $7,482
CSR2 Weighted Average 60.8
CSR2 Cropland Average 85
State Average CSR2 68.6
Average Price per CSR2 $114.35
Average County Rent $238
Rent Range $193-$287
Average rent for South Central, Iowa $227
Rent per CSR2 Point $2.77
Improved Permanent Pasture $87
Unimproved Permanent Pasture $58
Stalk Grazing per Acre $15
Hunting Rights per Acre $11
If you have questions about selling farmland see our Iowa Farmland Sales FAQ or get a Free Farmland Market Analysis.

Towns: Bevington, East Peru, Patterson, Truro, Earlham, Macksburg, St. Charles, Winterset

Unincorporated Areas: Old Peru

Townships: Penn, Madison, Jefferson, Lee, Jackson, Douglas, Union, Crawford, Webster, Lincoln, Scott, South, Grand River, Monroe, Walnut, Ohio

History: Madison County was formed on January 13, 1846. It has been self-governed since 1849. It was named after James Madison (1751–1836), the fourth President of the United States (between 1809 and 1817). Hiram Hurst, a suspected murderer, arsonist and hog thief was the first white settler in Madison County, having come from Missouri about April 15th, 1846.

Madison County Iowa Farmland Sales Resources

Selling Land with DreamDirt

When it comes to marketing and selling your land, having the right team and the right tactics is of invaluable importance. As professionals in the rural real estate and auction industry, our team has assisted family heirs and farmers in over 9,000 transactions and counting! Not sure where to start? Learn more about our land sales process, explore frequently asked questions, or simply let our team know you’d like to talk.

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LEARN WHAT YOUR FARM IS WORTH TODAY!

Learn More About Current Iowa Farmland Prices here

Recent Farmland Sales in this County

1/9/24 157 Acres; $5,750/acre; 48.8 CSR2; 29.5% tillable

1/9/24 152 Acres; $7,250/acre; 57.7 CSR2; 92.43% tillable

11/13/23 97 Acres; $6,200/acre; 50.7 CSR2; 32.42% tillable

11/17/23 54.32 Acres; $8,250/acre; 51.8 CSR2; 76% tillable

9/15/23 160 Acres; $8,100/acre; 72.6 CSR2; 65.7% tillable

9/15/23 184 Acres; $7,100/acres; 58.3 CSR2; 42.75% tillable

9/15/23 120 Acres; $6,100/acre; 69 CSR2; 9.7% tillable

3/21/23 126.16 Acres; $7,700/acre; 80.5 CSR2; 76% tillable

3/15/23 98.57 Acres; $13,900/acre; 81.2 CSR2; 100% tillable

11/11/22 220.03 Acres; $10,500/acre; 76.1 CSR2; 90% tillable

6/22/22 117.40 acres; $9,800/acre; 65.1 CSR2; $150.54/CSR2; 82.03% tillable

Tom Bradley

Headshot of Tom Bradley.

Madison County Iowa Farmland Sales

515-202-7687, [email protected]

Licensed to sell real estate in the state of Iowa

Madison County Farmland Values and Averages

All farmland values for Madison County are stated as averages and are not a guarantee of value in any given situation.  If you need a written farmland appraisal you should call us at 855-376-3478 to discuss how we can help you. Farmland prices can change quickly and some information on this website can be up to 12 months old depending on when you view it.  All sale results are dated so you can see the date of the sale however averages are calculated in December of each year and are based on a September to September study.

Learn More About Selling Iowa Land

You can find Farmland For Sale in Madison County Iowa at bid.DreamDirt.com.  Need the advice of a qualified farmland professional?  Our professional staff of Iowa auctioneers and land brokers at DreamDirt would be happy to visit with you about your situation and help guide you through the process of making an informed decision about selling farmland.  Want to continue your research?  You can find a wealth of information on our Farmland Sales and Auction Blog.