Iowa Farmland Price Report April 15-21, 2023
Iowa Farmland Prices April 15th – 21st, 2023
A total of 450.26 acres were sold in Iowa this past week. The average price per acre for the four land auctions was $10,675/acre and $175.66/CSR2 point. Learn more about CSR2.
Top Selling Farms in Iowa
This week’s top-selling farm was 80 acres in Howard County, IA which sold on April 20th. The farm is located Southwest of Cresco, Iowa, and sold for $12,200/acre. This farm had a 70.4 CSR2 resulting in a $173.30/CSR2 point and is 98% tillable.
The next highest-selling farm went to two tracts in Plymouth County, Iowa which sold on April 12th by auction. Thract 1 of 577 acres sold for $11,700/acre located Northwest of Hinton, Iowa, and has a 64.8 CSR2 which totals to $180.56/CSR2. Tract 2 consisted of 151.26 acres and sold for $10,000/acre. This tract has a lower CSR2 rating of 45.7 which calculates to be $218.82/CSR2.
The third high-selling farm goes to Marshall County, Iowa located Northeast of Zearing, Iowa. This farm of 142 acres sold for $8,800/acre. This farm has a 67.7 CSR2 rating resulting in a $130/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
250.98 Acres Land in Union County, IA
320 Acres Farmland and Acreage in Clay County, IA
198.6 Acres Farmland in Sac, Buena Vista and Ida County, IA
How many days does it take to sell farmland by auction?
The entire process, from the day you sign a listing agreement to sell, to the closing process after the auction, lasts around 65-80 days. There are two phases. Marketing lasts roughly 30 days at the end of which is the auction, and closing takes somewhere between 30 and 40 days.
Jason Smith
Auctioneer, Land Broker, Founder
Jason holds Auctioneer or Land Broker licenses in Iowa, Missouri, Minnesota, Nebraska, and South Dakota. His DreamDirt team is composed of auctioneers, land brokers, and realtors. They specialize in farmland sales primarily serving the heirs to family farms all across Iowa and surrounding states. We offer risk-free selling experiences and work hard to maximize the value of our client's assets using highly effective auction methods, technology, and powerful advertising.
Email: Jason@dreamdirt.com | Phone: (515) 537-6633
Iowa Current Farmland Prices Per Acre
| Date | County | Total Acres | Tillable Acres | Price Per Tillable Acre | CSR2 | $ per Tillable CSR2 | Price | % Tillable |
|---|---|---|---|---|---|---|---|---|
| 4/17/23 | Marshall | 142 | 136.56 | $8,800.00 | 67.7 | $129.99 | $1,201,728.00 | 96.17 |
| 4/20/23 | Howard | 80 | 78.30 | $12,200.00 | 70.4 | $173.30 | $955,260.00 | 97.88 |
| 4/21/23 | Plymouth | 77 | 77 | $11,700.00 | 64.8 | $180.56 | $900,900.00 | 100.00 |
| 4/21/23 | Plymouth | 151.26 | 135.3 | $10,000.00 | 45.7 | $218.82 | $1,353,000.00 | 89.45 |
| TOTALS | 450.26 | 427.16 | $10,675.00 | 62.15 | $175.66 | $4,410,888.00 | 94.87 |
Rachel Tiffany
Farmland Auctioneer | Land Broker
Rachel is a licensed real estate salesperson specializing in the sale of farm, land, and rural residential real estate. She is a graduate of Iowa State University with a major in Animal Science and a minor in Agricultural Business. Rachel has a strong interest in valuations and appraisal of rural properties and studied Rural Property Appraisal at Iowa State. She also works for DreamDirt as the Online Auction Coordinator building and facilitating their online land and equipment auctions.
Email: rachel@dreamdirt.com | Phone: (515) 954-8063
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