Iowa Farmland Price Report August 19th-25th, 2023
Iowa Farmland Prices August 19-25th, 2023 Report
A total of 1,136 acres were sold in Iowa this week. The average price per acre for the 11 tracts of land auctions is $13,312/acre and $160.13/CSR2 point. Learn more about CSR2.
How much is farmland in Iowa worth currently?
This week’s top-selling farm was sold by us at DreamDirt and is 78.79 acres in Sac County, IA which sold on August 23rd by auction. This farm is located South of Odebolt, Iowa and sold for $18,500/acre. The CSR2 rating of the farm is 90.1 which totals to be $205/CSR2 point on this 100% tillable farm.
The second highest selling farm that sold this week went to Sac County as well and was on the same sale mentioned above. This 76.37 acre farm sold for $17,025/acre and is 95% tillable. CSR2 rating on this farm totaled 90 which puts sale price $189.17/CSR2.
Third highest selling farm of the week is located in Chickasaw County West of North Washington, IA. this 80.76 acre farm sold for $15,600/acre or $194/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
What should my reserve price be on my farm?
First, auctions are either Reserved or Absolute. We recommend you set your auction as a Reserved Auction to protect yourself and your farm. Absolute auctions are very rare, and typically only used in special circumstances. During our consultation with you, we can help establish a reserve price and guide you in the right direction on what your farm is potentially worth. Get started today with a free market analysis.
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
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 |
|---|---|---|---|---|---|---|---|---|
| Muscatine | 193.31 | 175.81 | $12,600.00 | 79.6 | $158.29 | $2,435,706.00 | 90.95 | 8/23/23 |
| Sac | 76.37 | 72 | $17,025.00 | 90 | $189.17 | $1,300,199.25 | 94.28 | 8/23/23 |
| Sac | 78.79 | 78.79 | $18,500.00 | 90.1 | $205.33 | $1,457,615.00 | 100.00 | 8/23/23 |
| Chickasaw | 34.38 | 33.62 | $13,200.00 | 87.1 | $151.55 | $453,816.00 | 97.79 | 8/24/23 |
| Chickasaw | 80.76 | 80.76 | $15,600.00 | 80.4 | $194.03 | $1,259,856.00 | 100.00 | 8/24/23 |
| Cerro Gordo | 80 | 77.40 | $13,800.00 | 85.4 | $161.59 | $1,104,000.00 | 96.75 | 8/24/23 |
| Mahaska | 168 | 121 | $14,200.00 | 80.1 | $177.28 | $2,385,600.00 | 72.02 | 8/24/23 |
| Tama | 80 | 76.29 | $12,500.00 | 86.7 | $144.18 | $1,000,000.00 | 95.36 | 8/25/23 |
| Tama | 80 | 71.57 | $10,500.00 | 79 | $132.91 | $840,000.00 | 89.46 | 8/25/23 |
| Montgomery | 118.5 | 105.73 | $5,500.00 | 58.5 | $94.02 | $651,750.00 | 89.22 | 8/25/23 |
| Calhoun | 146.56 | 135.63 | $13,000.00 | 84.9 | $153.12 | $1,905,280.00 | 92.54 | 8/25/23 |
| STATEWIDE TOTALS | 1136.67 | 1028.6 | $13,311.36 | 81.98 | $160.13 | $14,793,822.25 | 90.49 |
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
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