Iowa Farmland Price Report April 22nd-28th, 2023

May 3, 2023

Iowa Farmland Prices April 22nd-28th, 2023

A total of 240.36 acres were sold in Iowa this past week. The average price per acre for the three land auctions was $7,253.33/acre and $126.31/CSR2 point. Learn more about CSR2.

Top Selling Farms in Iowa

This week’s top-selling farm was 31.36 acres in Henry County, IA which sold on April 27th. The farm is located South of Mt. Pleasant, Iowa, and sold for $9,760/acre. This farm had a 52.6 CSR2 resulting in a $185.55/CSR2 point and included a cabin, ponds, and few sheds.

The next highest-selling farm went to 160 acres in Guthrie County, Iowa which sold on April 26th by auction. This farm sold for $8,000/acre and is located Northwest of Stuart. CSR2 rating of this tract of land is 67.6 which totals to be $118.34/csr2.

The third high-selling farm goes to Wayne County, Iowa located Northeast of Humeston. This farm of 49 acres sold for $4,000/acre. This farm has a 53.3 CSR2 rating resulting in a $75.05/CSR2 point and is 67% tillable.

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 
A man with gray hair and wrinkles looks pensive.

Should I take the High Bid during my auction?

Saying no to the highest bid during an auction should be considered carefully and with caution. As a seller, when you say no to the high bid during an auction, auction law dictates that all bids become void and bidding moves back to $0. Some believe this ‘buys time’ and they are allowed to go back and accept the bid. This is untrue. If a farm auction was properly marketed and conducted, then the highest market value was likely already achieved by the highest bid. We offer four hours after the end of the auction for sellers to decide if they accept the high bid or not. This is one way to ensure our sellers have a stress-free auction experience and majority of our sellers confirm the sale of their farmland before bidding even ends!

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 Zip Total Acres Tillable Acres Price Per Tillable Acre CSR2 $ per Tillable CSR2 Price % Tillable
4/26/23 Wayne 51244 49 33 $4,000.00 53.3 $75.05 $132,000.00 67.35
4/26/23 Guthrie 51244 160 108 $8,000.00 67.6 $118.34 $864,000.00 67.50
4/27/23 Henry 50064 31.36 8.64 $9,760.00 52.6 $185.55 $84,326.40 27.55
TOTALS 240.36 149.64 $7,253.33 57.83 $126.31 $1,080,326.40 62.26
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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