Iowa Farmland Price Report April 15-21, 2023

Apr 26, 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 
Farmland Auction yard sign

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 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 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
Jason Smith, Broker | Auctioneer

Jason Smith, Broker | Auctioneer

Founder, Farmland 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.

Email: [email protected]Phone: 515-537-6633

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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