February Iowa Farmland Prices 2023

Mar 10, 2023

Current Average Price Per Acre Land in Iowa

Check out the table below of all the auction results from February Iowa land sales. For the month of February, the price per acre average of land in Iowa is $11,489.51 per acre, compared to January’s per acre average price of $12,627. A year ago, the average price per acre was $526.30/acre higher at $12,015.81 per acre in February of 2022. Reach out to us for an opinion on what we think your farm is worth if you are considering selling.

February Iowa land prices 2023 price per acre

Number of Acres Sold in Iowa During February 2023

If you take a look at the graph to the right you will see a decrease in farmland acres sold at auction from January to February. In January we saw 5,458 acres sold at auction and an increase in February selling 8,100.98 acres of farmland. 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!

February Iowa land prices 2023 number of acres sold at auction<br />

Price Per CSR2 Point Iowa Farmland

The price per CSR2 point decreased $15.77 from January and is currently at $152.87/CSR2 point. Which is a $7 lower than it was a year ago at $159.86/CSR2. This value is used to help calculate what your farm is worth. If you don’t know your farm’s CSR2 soil rating reach out to us for a soil map and evaluation if you are thinking of selling land in Iowa.

February Iowa land prices 2023 price per csr2
Jason J Smith

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

Iowa Farmland Sales Auction Results February 2023

Date County Total Acres Tillable Acres Price Per Tillable Acre CSR2 $ per Tillable CSR2 Price % Tillable
2/1/23 O’Brien 99.01 95.38 $19,100.00 95 $201.05 $1,821,758.00 96.33
2/1/23 Shelby 237 218.99 $11,300.00 64.9 $174.11 $2,474,587.00 92.40
2/1/23 Winnebago 53 45.63 $11,125.00 75.9 $146.57 $507,633.75 86.09
2/2/23 Crawford 79 79 $14,500.00 73.1 $198.36 $1,145,500.00 100.00
2/2/23 Jefferson 68.41 62.07 $12,100.00 83.1 $145.61 $751,047.00 90.73
2/2/23 Lee 64 37.54 $5,700.00 66 $86.36 $213,978.00 58.66
2/2/23 Lee 74.5 61.93 $9,100.00 59.7 $152.43 $563,563.00 83.13
2/2/23 Mahaska 95 95 $13,600.00 81.8 $166.26 $1,292,000.00 100.00
2/3/23 Benton 139.04 127.52 $15,800.00 92.8 $170.26 $2,014,816.00 91.71
2/3/23 Benton 73.92 74 $20,600.00 94.6 $217.76 $1,524,400.00 100.11
2/3/23 Pottawattamie 78 77.02 $11,400.00 66.9 $170.40 $878,028.00 98.74
2/3/23 Wayne 166.39 89.6 $5,200.00 50.5 $102.97 $465,920.00 53.85
2/3/23 Wayne 104.01 103.23 $13,000.00 61.5 $211.38 $1,341,990.00 99.25
2/7/23 Grundy 117 115.30 $18,600.00 94.8 $196.20 $2,144,580.00 98.55
2/7/23 Mills 77.16 71.73 $12,500.00 75 $166.67 $896,625.00 92.96
2/7/23 Palo Alto 80 76.42 $18,664.00 78.3 $238.37 $1,426,302.88 95.53
2/7/23 Webster 117.87 117.87 $14,300.00 71.2 $200.84 $1,685,541.00 100.00
2/8/23 Grundy 43.80 43.76 $17,300.00 85.6 $202.10 $757,048.00 99.91
2/8/23 Guthrie 160 24.56 $6,800.00 54.9 $123.86 $167,008.00 15.35
2/8/23 Guthrie 160 71.46 $6,750.00 51.5 $131.07 $482,355.00 44.66
2/8/23 Guthrie 160 141.44 $9,200.00 59.3 $155.14 $1,301,248.00 88.40
2/8/23 Linn 75.54 68.49 $9,900.00 79.9 $123.90 $678,051.00 90.67
2/8/23 Woodbury 80 72.51 $14,250.00 76.7 $185.79 $1,033,267.50 90.64
2/8/23 Woodbury 80 76.47 $15,000.00 74.3 $201.88 $1,147,050.00 95.59
2/9/23 Buena Vista 113.94 82.10 $7,000.00 87.8 $79.73 $574,700.00 72.06
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 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
2/9/23 Henry 38.26 37.65 $11,400.00 70 $162.86 $429,210.00 98.41
2/9/23 Henry 75.86 75 $15,600.00 75.5 $206.62 $1,170,000.00 98.87
2/10/23 Pocahontas 32.4 30.75 $12,800.00 83 $154.22 $393,600.00 94.91
2/10/23 Pocahontas 74.13 74.13 $10,000.00 70 $142.86 $741,300.00 100.00
2/10/23 Wayne 120 101.22 $6,000.00 45.7 $131.29 $607,320.00 84.35
2/13/23 Montgomery 91.12 85 $8,800.00 79.2 $111.11 $748,000.00 93.28
2/14/23 Louisa 205 122.44 $6,300.00 60.4 $104.30 $771,372.00 59.73
2/14/23 Louisa 99 74.62 $9,500.00 86.6 $109.70 $708,890.00 75.37
2/14/23 Louisa 210 178.08 $10,300.00 83.1 $123.95 $1,834,224.00 84.80
2/14/23 Louisa 166 150.57 $10,600.00 82.2 $128.95 $1,596,042.00 90.70
2/14/23 Muscatine 61 56.5 $9,500.00 73.4 $129.43 $536,750.00 92.62
2/14/23 Louisa 150 141.77 $10,600.00 75.7 $140.03 $1,502,762.00 94.51
2/14/23 Louisa 35 33.2 $13,500.00 93.2 $144.85 $448,200.00 94.86
2/14/23 Louisa 285 280.05 $4,800.00 47.3 $101.48 $1,344,240.00 98.26
2/14/23 Louisa 120 118 $13,000.00 87.2 $149.08 $1,534,000.00 98.33
2/14/23 Louisa 114 112.26 $12,500.00 76.7 $162.97 $1,403,250.00 98.47
2/14/23 Louisa 39 39 $13,000.00 86 $151.16 $507,000.00 100.00
2/15/23 Buchanan 129.5 92.72 $6,950.00 67.8 $102.51 $644,404.00 71.60
2/15/23 O’Brien 160 150.64 $15,200.00 93.9 $161.87 $2,289,728.00 94.15
2/15/23 Washington 115.93 113.41 $17,220.00 87.7 $196.35 $1,952,920.20 97.83
2/16/23 Keokuk 231 228.9 $11,700.00 69.2 $169.08 $2,678,130.00 99.09
2/16/23 Pocahontas 74.03 74 $15,600.00 86.1 $181.18 $1,154,400.00 99.96
2/17/23 Hamilton 119 79.9 $10,200.00 118.44 $86.12 $814,980.00 67.14
2/17/23 Hamilton 120 116.56 $12,500.00 76 $164.47 $1,457,000.00 97.13
2/21/23 Dubuque 119.03 113 $17,850.00 73.1 $244.19 $2,017,050.00 94.93
2/21/23 Dubuque 42.54 31 $15,750.00 62.3 $252.81 $488,250.00 72.87
2/22/23 Harrison 75.69 75.69 $9,750.00 65.6 $148.63 $737,977.50 100.00
2/22/23 Harrison 209.60 209.60 $7,425.00 58.6 $126.71 $1,556,280.00 100.00
2/22/23 Harrison 10.71 10 $8,000.00 82.8 $96.62 $80,000.00 93.37
2/22/23 Harrison 11 7 $8,050.00 83.7 $96.18 $56,350.00 63.64
2/22/23 Benton 224.05 213.42 $14,100.00 87.3 $161.51 $3,009,222.00 95.26
2/22/23 Tama 122.25 117.41 $13,700.00 80.8 $169.55 $1,608,517.00 96.04
2/22/23 Crawford 39.88 39.29 $11,750.00 60 $195.83 $461,657.50 98.52
2/22/23 Crawford 52.47 45.7 $9,000.00 57.6 $156.25 $411,300.00 87.10
2/22/23 Boone 71.72 71.72 $13,600.00 75.8 $179.42 $975,392.00 100.00
2/22/23 Palo Alto 130 123.3 $15,100.00 75.6 $199.74 $1,861,830.00 94.85
2/24/23 Fremont 171.77 158.6 $9,100.00 79.5 $114.47 $1,443,260.00 92.33
2/24/23 Fremont 173.69 146.6 $0.00 76.6 $0.00 $0.00 84.40
2/24/23 Hardin 160 144.95 $11,600.00 84.2 $137.77 $1,681,420.00 90.59
2/24/23 Wayne 155.22 143.96 $7,100.00 49.8 $142.57 $1,022,116.00 92.75
2/24/23 Wayne 29.33 21.71 $6,900.00 53.5 $128.97 $149,799.00 74.02
2/24/23 Crawford 110 74.29 $7,850.00 63.8 $123.04 $583,176.50 67.54
2/24/23 Cass 240 144.28 $5,400.00 51 $105.88 $779,112.00 60.12
2/24/23 Keokuk 60 51.43 $9,050.00 70.6 $128.19 $465,441.50 85.72
TOTALS 8100.98 7051.89 $11,489.51 74.74 $152.87 $79,840,016.33 87.05

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.

Unlocking the Value of Iowa Farmland: A Comprehensive Guide to Current Land Prices and Expert Insights – January 2024 Report

Unlocking the Value of Iowa Farmland: A Comprehensive Guide to Current Land Prices and Expert Insights – January 2024 Report

Welcome to Our Monthly Iowa Farmland Value Report In this monthly report, we dive into Iowa farmland values, helping you understand the factors that determine what your farm is potentially worth. Our goal as auctioneers and farmland real estate agents is to provide...

read more
78.62-Acre Cash Rent Auction in Ringgold County, IA

78.62-Acre Cash Rent Auction in Ringgold County, IA

Cash Rent Auction in Ringgold County, Iowa Sellers: Frances Parker  Auctioneer: Tom Bradley | (515) 202-7687   Location: Lincoln Township, Iowa Cash Rent Auction Details in Ringgold County, IowaAdd some additional acres in Ringgold County with this 78.62-acre tract....

read more
Unlocking the Value of Minnesota Farmland: A Comprehensive Guide to Current Land Prices and Expert Insights – December 2023 Report

Unlocking the Value of Minnesota Farmland: A Comprehensive Guide to Current Land Prices and Expert Insights – December 2023 Report

Welcome to Our Monthly Minnesota Farmland Value Report In this monthly report, Jason Smith, Land Broker and Auctioneer dives into Minnesota farmland values, helping you understand the factors that determine what your farm is potentially worth. Our goal as auctioneers...

read more