Iowa Farmland Auction Prices Week 8, 2018

Feb 27, 2018 | Farmland Prices, Iowa Farmland Prices, Land Auctions

Jason Smith

Jason Smith

Auctioneer, Land Broker

Jason is an Auctioneer and Land Broker and the founder of DreamDirt, He is a lead farm real estate professional in the Midwest and has pioneered many modern methods of selling farmland. His experience in helping lead families to successful farmland transactions spans 2 decades.  

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

Iowa Farmland Auction Prices

 

 

Average Farmland Prices In Iowa

Week 8 in Iowa farmland auction sales was marked by quality of farms being offered and as has been the trend, very few auctions.  When you look at the CSR2 ratings of the farms that were sold at auction in Iowa last week you can’ help but notice just how high quality the farms are and that changed the trend line this week tipping it up from the flat line we’ve been seeing.  This week showed the premium available for good farms in todays market giving us a average price per CSR2 point of $109.12 for the week.

 

Farmland Sales In Iowa

During week 8 1679 acres were sold in 15 parcels of which 96.36% of the acres were tillable farmland acres.  Parcels sold this week averaged 84.37 CSR2 with the vast majority of the farmland auctions happening in northern Iowa.  Only Fremont and Union Counties saw farmland auctions in southern Iowa this week.

 

Average Price Per Acre Of Farmland In Iowa

The average price of an acre of farmland in Iowa for the week was $9293.67 which was the highest price of the year and likely tied to the quality of farms sold this week and possibly showing us that not all CSR2 points are created equally.  Less is less and more is more.

Insuring good results for your good quality farm today really means that your exposure needs to be very thorough and across all channels of communication to ensure as much competition as possible for the farm.  If you are thinking of selling a farm DreamDirt can help you find the top of the market on your farm. There are many considerations before selling a farm and we can help guide you through the process.  You’ll find that our system is very simple for you and capable of reaching the right people very fast.  We know you’ll have many questions but let us help you put your mind at ease. You can contact me directly Auctioneer Jason Smith 712-592-8965 or send me a request to help you value your farm.  Get a Free Farmland Market Analysis

 

 

Auction Price Results For Farmland By Sale

County Total Acres Tillable Acres Price Per Tillable CSR2 $ per Tillable CSR2 Total Price % Tillable
Plymouth 75.04 75.04 $11900 82.5 $144.24 $892,976.00 100.00%
Plymouth 80 72.65 $10,800.00 82.5 $130.91 $784,620.00 90.81%
Howard 160 155.7 $10,201.00 85.4 $119.45 $1,588,295.70 97.31%
Howard 129 126.7 $9,343.00 87 $107.39 $1,183,758.10 98.22%
Howard 126 120.77 $9,595.00 87.4 $109.78 $1,158,788.15 95.85%
Union 77 68 $4,225.00 67 $63.06 $287,300.00 88.31%
Story 313 300.5 $11,300.00 85.4 $132.32 $3,395,650.00 96.01%
Story 145 146.8 $11,400.00 88.9 $128.23 $1,673,520.00 101.24%
Sioux 81 78.12 $11,016.00 92.1 $119.61 $860,569.92 96.44%
Fremont 155.25 153.38 $8,100.00 92 $88.04 $,1242,378.00 98.80%
Buena Vista 73 71 $10,625.00 95.4 $111.37 $754,375.00 97.26%
Buena Vista 80 78.5 $8,400.00 83 $101.20 $659,400.00 98.13%
Buena Vista 75.6 75.3 $4,925.00 74.1 $66.46 $370,852.50 99.60%
Buena Vista 69.2 56 $7,525.00 75.6 $99.54 $421,400.00 80.92%
Fayette 40 39.46 $10,050.00 87.24 $115.20 $396,573.00 98.65%
STATEWIDE AVERAGE   $9293.67 84.37 $109.12    
TOTALS 1679.09 1617.92   $1,5670,456.37  96.36%

Iowa Hunting Land Listings

We are headed to the Iowa Deer Classic this week to show off our clients listings to over 20,000 hunters that will be attending the show!  We hope you will come see us if you will be at the show.  We will be in booth 732.  We also have the special opportunity this year to conduct the Iowa Deer Classic Auction to benefit Iowa Youth Hunter Training in Iowa.

 

Featured Iowa Land Auction

Our next land auction in Iowa is in Monroe County on March 8th.  This farm is a super hunting farm and lots of extra’s.  Its located near Albia Iowa, world famous record holder of the biggest deer ever taken by a hunter!

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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