February 4th – 10th Iowa Farmland Price Report
Iowa Farmland Prices February 4th – 10th, 2023
A total of 2,036.17 acres were sold in Iowa this past week. The average price per acre for the 21 land auctions was $12,541/acre and $166.14/CSR2 point. Learn more about CSR2.
Top Selling Farms in Iowa
This week’s top-selling farm was 80 acres in Palo Alto County, IA which sold on February 7th. The farm was located Southwest of Emmetsburg, Iowa, and sold for $18,664/acre. This farm had a 78.3CSR2 resulting in a $238/CSR2 point by online-only auction.
The next highest-selling farm went to Grundy County, Iowa. This 117-acre 99% tillable farm sold for $18,600/acre located Southwest of Grundy Center, IA has a 94.8 CSR2 which totals $196.20/CSR2. This farm was sold by a live auction and online auction at the Grundy Community Center on February 7th.
The third high-selling farm goes to Grundy County, Iowa as well as Northeast of Reinbeck, Iowa. The auction took place on February 8th at the Reinbeck Memorial Building. 43.80 acres sold for $17,300/acre. This farm has an 85.6 CSR2 rating resulting in a $202/CSR2 point.
Check out the table below to see results from all farmland auctions in Iowa this week.
Farmland Appraisal for Iowa Land
Curious about what your land is worth and could potentially bring by selling by auction? Contact us today for a free market analysis!
Farmland For Sale in Iowa
We have farmland auctions coming up in Iowa! Check them out at bid.dreamdirt.com
307 Acre Farmland in Harrison County, IA
Farmland and Acreage Auction in Ida County, IA
98.57 Acres Farmland in Madison County, IA
180.83 Acres Farmland in Adair County, IA
Jason J Smith
Auctioneer & Land Broker
Jason is an experienced farmland broker and auctioneer with extensive experience in farmland sales across this Midwest. Jason has worked with hundreds of clients to create advantageous outcomes. If you are selling land schedule a consultation with Jason by calling or using the calendar.
Phone: 515-537-6633 Email: [email protected]
Iowa Current Farmland Prices Per Acre
| Date | County | Total Acres | Tillable Acres | Price Per Tillable Acre | CSR2 | $ per Tillable CSR2 | Price | % Tillable |
|---|---|---|---|---|---|---|---|---|
| 2/7/23 | Mills | 77.16 | 71.73 | $12,500.00 | 75 | $166.67 | $896,625.00 | 92.96 |
| 2/7/23 | Webster | 117.87 | 117.87 | $14,300.00 | 71.2 | $200.84 | $1,685,541.00 | 100.00 |
| 2/7/23 | Palo Alto | 80 | 76.42 | $18,664.00 | 78.3 | $238.37 | $1,426,302.88 | 95.53 |
| 2/7/23 | Grundy | 117 | 115.30 | $18,600.00 | 94.8 | $196.20 | $2,144,580.00 | 98.55 |
| 2/8/23 | Guthrie | 160 | 141.44 | $9,200.00 | 59.3 | $155.14 | $1,301,248.00 | 88.40 |
| 2/8/23 | Guthrie | 160 | 71.46 | $6,750.00 | 51.5 | $131.07 | $482,355.00 | 44.66 |
| 2/8/23 | Guthrie | 160 | 24.56 | $6,800.00 | 54.9 | $123.86 | $167,008.00 | 15.35 |
| 2/8/23 | Woodbury | 80 | 76.47 | $15,000.00 | 74.3 | $201.88 | $1,147,050.00 | 95.59 |
| 2/8/23 | Woodbury | 80 | 72.51 | $14,250.00 | 76.7 | $185.79 | $1,033,267.50 | 90.64 |
| 2/8/23 | Linn | 75.54 | 68.49 | $9,900.00 | 79.9 | $123.90 | $678,051.00 | 90.67 |
| 2/8/23 | Grundy | 43.80 | 43.76 | $17,300.00 | 85.6 | $202.10 | $757,048.00 | 99.91 |
| 2/9/23 | Buena Vista | 116.24 | 106.24 | $13,000.00 | 73.8 | $176.15 | $1,381,120.00 | 91.40 |
| 2/9/23 | Buena Vista | 40 | 38.30 | $15,100.00 | 85.3 | $177.02 | $578,330.00 | 95.75 |
| 2/9/23 | Buena Vista | 113.94 | 82.10 | $7,000.00 | 87.8 | $79.73 | $574,700.00 | 72.06 |
| 2/9/23 | Henry | 75.86 | 75 | $15,600.00 | 75.5 | $206.62 | $1,170,000.00 | 98.87 |
| 2/9/23 | Henry | 38.26 | 37.65 | $11,400.00 | 70 | $162.86 | $429,210.00 | 98.41 |
| 2/9/23 | Des Moines | 137.57 | 130.43 | $13,600.00 | 87.1 | $156.14 | $1,773,848.00 | 94.81 |
| 2/9/23 | Des Moines | 136.4 | 138.58 | $15,600.00 | 88.5 | $176.27 | $2,161,848.00 | 101.60 |
| 2/10/23 | Pocahontas | 74.13 | 74.13 | $10,000.00 | 70 | $142.86 | $741,300.00 | 100.00 |
| 2/10/23 | Pocahontas | 32.4 | 30.75 | $12,800.00 | 83 | $154.22 | $393,600.00 | 94.91 |
| 2/10/23 | Wayne | 120 | 101.22 | $6,000.00 | 45.7 | $131.29 | $607,320.00 | 84.35 |
| TOTALS | 2036.17 | 1694.41 | $12,541.14 | 74.68 | $166.14 | $21,530,352.38 | 83.22 |
Iowa Land Prices at A Glance For people who wish to visualize and research Iowa farmland prices, our heat maps have been a huge help. Here you can research your farm’s proximity or the statewide market and see individual sale results. This includes 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. You can request a FREE Market Analysis whether you’re ready to sell or just curious! Our goal is to help you reach the top of the market when selling land in the Midwest.
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