Wapello 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

Wapello County Iowa Farmland Value Profile

Wapello County Iowa Farmland Value Profile
  • The average value of farmland in Wapello County is $8,489 per acre which is up $802 from 2022 to 2023.
  • The average price of tillable farmland per CSR2 point in Wapello County is $106.11 for 2023 land auctions.
  • Wapello County is ranked 87 in the state of Iowa in average dollars per acre for tillable farmland.
  • The highest sale of farmland in Wapello County in 2023 was $14,100 per acre.
Location Southeast, Iowa
County Size 432 sq. miles
Total Acres 208,213
Cropland Acres 159,991
Average Price Per Acre Farmland $8,489
Average Price Per Acre for Southeast, IA $10,460
CSR2 Weighted Average 56.6
CSR2 Cropland Average 80
State Average CSR2 68.6
Average Price per CSR2 $106.11
Average County Rent $223
Rent Range $182-$264
Average rent for Southeast, Iowa $252
Rent per CSR2 Point $3.01
Improved Permanent Pasture $79
Unimproved Permanent Pasture $56
Stalk Grazing per Acre $13
Hunting Rights per Acre $16

If you have questions about selling farmland see our Iowa Farmland Sales FAQ or get a Free Farmland Market Analysis.

Towns: Agency, Chillicothe, Eldon, Ottumwa, Blakesburg, Eddyville, Kirkville

Unincorporated Areas: Ashland, Munterville, Bladensburg, Phillips, Dahlonega, Pickwick, Dudley, Ottumwa Junction, Farson, Rutledge

Townships: Columbia, Richland, Highland, Competine, Polk, Center, Cass, Agency, Green, Keokuk, Dahlonega, Pleasant, Adams,Washington,

History:

Wapello County, situated in southeastern Iowa, has a diverse history that reflects the broader story of the state’s development. Named after Chief Wapello of the Meskwaki (Fox) tribe, the county has deep Native American roots, with the Sauk and Meskwaki tribes initially inhabiting the region. European-American settlers began arriving in the 1830s, drawn to the fertile land and opportunities for agriculture. Wapello County was officially established in 1843.

The county’s growth was significantly influenced by transportation developments, particularly the arrival of railroads in the mid-19th century. Ottumwa, the county seat, became a major hub due to its strategic location along railroad lines. Agriculture has been a central economic driver, with corn and soybean farming playing a prominent role.

Wapello County also played a role in the Underground Railroad during the 19th century, with local residents providing assistance to escaped slaves seeking freedom. The county’s historical narrative is preserved through various landmarks, including museums and historical sites.

In the modern era, Wapello County continues to evolve, with a blend of agricultural traditions and contemporary industries contributing to its economy. The community takes pride in its historical heritage while embracing the opportunities and challenges of the present day.

Wapello 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!

Recent Farmland Sales in this County

11/8/23 90.56 Acres; $6,000/acre; 54.2 CSR2; 41% tillable

11/8/23 68.39 Acres; $11,400/acre; 77.8 CSR2; 94% tillable

11/30/23 240 Acres; $10,000/acre; 80.9 CSR2; 77.9% tillable

11/30/23 42 Acres; $11,550/acre; 86.8 CSR2; 92.12% tillable

11/30/23 68 Acres; $9,650/acre; 79.1 CSR2; 92.7% tillable

11/30/23 50 Acres; $8,350/acre; 81 CSR2; 91.3% tillable

9/14/23 107 Acres; $5,200/acre; 37.1 CSR2; 95% tillable

9/28/23 39.91 Acres; $4,200/acre; 52 CSR2; 35% tillable

9/14/23 130 Acres; $5,750/acre; 48.2 CSR2; 96% tillable

6/22/23 79 Acres; $14,100/acre; 85.8 CSR2; 100% tillable

12/6/22 322.68 acres 272 tillable acres $9,316/acre 82 CSR2 $113.61/csr2 $3,006,086.88 84.29% tillable

11/18/22 59 Acres; $6,500/acre; 63.7 CSR2; 85% tillable

9/15/22 198 Acres; $5,200/acre; 55.7 CSR2; 81% tillable

5/4/22 65.66 Acres; 96% tillable; 70.9 CSR2; $10,500/acre

Jason J. Smith, CAI

Photo of Jason Smith.

Wapello County Iowa Farmland Sales

(515) 537-6633, [email protected]

Licensed to sell real estate in the state of Iowa

Wapello County Farmland Values and Averages

All farmland values for Wapello 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 Wapello 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.