Iowa Farmland Price Report August 12th-18th, 2023
Iowa Farmland Prices August 12th – 18th, 2023 Report
A total of 2,005 acres were sold in Iowa this week. The average price per acre for the 20 tracts of land auctions is $12,857/acre and $169.05/CSR2 point. Learn more about CSR2.
How much is farmland in Iowa worth currently?
This week’s top-selling farm is 80.8 acres in Osceola County, IA which sold on August 18th by auction. This farm is located North of Ashton, Iowa and sold for $17,200/acre. The CSR2 rating of the farm is 91.9 which totals to be $187/CSR2 point on this 95% tillable farm.
The second highest selling farm that sold this week went to Shelby County west of Earling, IA. 102.75 acres sold for $15,600/acre and is 95% tillable. CSR2 rating on this farm totaled 58.3 which puts sale price $267.58/CSR2.
Third highest selling farm of the week is located in Chickasaw County North of Lawler, IA. this 88.72 acre farm sold for $15,300/acre or $183/CSR2 point.
Check out the table below to see results from all farmland auctions in Iowa this week and Rachel’s video with aerials of the farms.
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
2 Bedroom 1 Bath Acreage on 2.62 Acres, in New Virginia, IA
Do auctioneers have to have a license in Iowa?
Surprisingly, auctioneers in Iowa are not required to have a license. However, our team of auctioneers are licensed brokers and real estate agents and three in our company hold the prestigious designation of Certified Auctioneer Institute (CAI) training from the National Auctioneer’s Association. Less than 1% of auctioneers in the nation have achieved this level of education. For this reason, we have been called on to sell some of the most notable farms and complicated sales.
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 Email: [email protected]
Recently Sold Farmland In Iowa 2023 – Average Price and Auction Results
| County | Total Acres | Tillable Acres | Price Per Tillable Acre | CSR2 | $ per Tillable CSR2 | Price | % Tillable | Date |
|---|---|---|---|---|---|---|---|---|
| Webster | 115.92 | 80.77 | $8,600.00 | 81.8 | $105.13 | $996,912.00 | 69.68 | 8/16/23 |
| Hardin | 153 | 120.60 | $9,500.00 | 79.6 | $119.35 | $1,453,500.00 | 78.82 | 8/18/23 |
| O’Brien | 26.27 | 22.14 | $9,200.00 | 91.1 | $100.99 | $241,684.00 | 84.28 | 8/18/23 |
| Marshall | 124.5 | 111.78 | $10,500.00 | 84.8 | $123.82 | $1,307,250.00 | 89.78 | 8/15/23 |
| Osceola | 149.89 | 138 | $13,600.00 | 92.2 | $147.51 | $2,038,504.00 | 92.07 | 8/16/23 |
| Marshall | 139.6 | 129.33 | $13,300.00 | 88.5 | $150.28 | $1,856,680.00 | 92.64 | 8/15/23 |
| Shelby | 73.221 | 68 | $14,100.00 | 51.7 | $272.73 | $1,032,416.10 | 92.87 | 8/14/23 |
| Chickasaw | 40.82 | 38.22 | $15,100.00 | 86.3 | $174.97 | $616,382.00 | 93.63 | 8/17/23 |
| Chickasaw | 72.64 | 68.35 | $13,900.00 | 75.6 | $183.86 | $1,009,696.00 | 94.09 | 8/17/23 |
| Chickasaw | 121.62 | 114.75 | $14,200.00 | 71.5 | $198.60 | $1,727,004.00 | 94.35 | 8/17/23 |
| Chickasaw | 88.72 | 84.25 | $15,300.00 | 83.6 | $183.01 | $1,357,416.00 | 94.96 | 8/17/23 |
| Osceola | 80.8 | 77 | $17,200.00 | 91.9 | $187.16 | $1,389,760.00 | 95.30 | 8/17/23 |
| Shelby | 102.749 | 98 | $15,600.00 | 58.3 | $267.58 | $1,602,884.40 | 95.38 | 8/14/23 |
| Shelby | 39 | 38 | $11,000.00 | 60.5 | $181.82 | $429,000.00 | 97.44 | 8/14/23 |
| Webster | 210 | 205.11 | $11,500.00 | 81.8 | $140.59 | $2,415,000.00 | 97.67 | 8/16/23 |
| Hardin | 96 | 94.6 | $14,100.00 | 87.3 | $161.51 | $1,353,600.00 | 98.54 | 8/18/23 |
| Webster | 118.34 | 116.84 | $13,250.00 | 78.8 | $168.15 | $1,568,005.00 | 98.73 | 8/18/23 |
| Shelby | 50.499 | 50 | $13,100.00 | 57.6 | $227.43 | $661,536.90 | 99.01 | 8/14/23 |
| Pocahontas | 71.13 | 71.13 | $13,500.00 | 85.5 | $157.89 | $960,255.00 | 100.00 | 8/15/23 |
| Hardin | 131 | 136.82 | $10,600.00 | 82.4 | $128.64 | $1,388,600.00 | 104.44 | 8/18/23 |
| STATEWIDE TOTALS | 2005.719 | 1863.69 | $12,857.50 | 78.54 | $169.05 | $25,406,085.40 | 92.92 |
Jason Smith, Broker | Auctioneer
Founder, Farmland Auctioneer & Land Broker
Jason is a veteran farm real estate auctioneer with many awards and accolades. He is among the top Farmland Auctioneers in the Midwest. Licensed in Iowa, Minnesota, Nebraska and South Dakota.
Email: [email protected] | Phone: 515-537-6633
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