Iowa Farmland Price Report August 26th – September 1st, 2023
Iowa Farmland Prices August 26th – September 1st, 2023 Report
A total of 2,194 acres were sold in Iowa this week. The average price per acre for the 22 tracts of land auctions is $13,180/acre and $160.31/CSR2 point. Learn more about CSR2.
How much is farmland in Iowa worth currently?
This week’s top-selling farm went to 159.54 acres in Clay County, IA which sold on August 30th by auction. This farm is located South of Greenville, Iowa and sold for $18,700/acre. The CSR2 rating of the farm is 93.8 which totals to be $199.36/CSR2 point on this 100% tillable farm.
The second highest selling farm that sold this week went to Louisa County North of Winfield, IA. This 81.04 acre farm sold for $16,950/acre and is 98% tillable. CSR2 rating on this farm totaled 91 which puts sale price $186.26/CSR2.
Third highest selling farm of the week is located in O’Brien County Northeast of Sheldon, IA. This 78.41 acre farm sold for $16,700/acre or $174.50/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
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Farmland For Sale in Iowa
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2 Bedroom 1 Bath Acreage on 2.62 Acres, in New Virginia, IA
Stress-Free Farmland Sale Testimonial
“When my family decided to sell some of our land in Central Iowa, Jason’s website was an invaluable resource in learning about the fundamentals of the ag market and logistics in pricing land. The natural next step was to cosider his as the auctioneer to handle the sale, and he earned the business with his quick responses and straightforward direction about houw to get the process started. In the weeks leading up to the sale, Jason worked to earn his commission. Every step of the way, no matter the question I had, his answer came back immediately, via phone or email. He simply inspires confidence, and even when I was hundreds of miles away, I knew that he was on the ground building awareness for the auction and lining up all the necessary resources. ”
– Bo Brock, Dallas County, Iowa
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 |
|---|---|---|---|---|---|---|---|---|
| Greene | 77.93 | 77.93 | $12,100.00 | 69.3 | $174.60 | $942,953.00 | 100.00 | 8/29/23 |
| Winneshiek | 178.81 | 134.34 | $7,750.00 | 40.3 | $192.31 | $1,385,777.50 | 75.13 | 8/29/23 |
| Dickinson | 72.76 | 72.76 | $11,600.00 | 80 | $145.00 | $844,016.00 | 100.00 | 8/29/23 |
| Dickinson | 66.48 | 64.83 | $11,400.00 | 84.4 | $135.07 | $757,872.00 | 97.52 | 8/29/23 |
| Dickinson | 159.86 | 159 | $10,200.00 | 78.5 | $129.94 | $1,630,572.00 | 99.46 | 8/29/23 |
| Bremer | 85.34 | 81.97 | $14,000.00 | 87.4 | $160.18 | $1,194,760.00 | 96.05 | 8/29/23 |
| Mitchell | 153.39 | 148.92 | $13,800.00 | 84.3 | $163.70 | $2,116,782.00 | 97.09 | 8/30/23 |
| Mitchell | 155.16 | 148 | $8,800.00 | 66.3 | $132.73 | $1,365,408.00 | 95.39 | 8/30/23 |
| Clay | 159.54 | 159.54 | $18,700.00 | 93.8 | $199.36 | $2,983,398.00 | 100.00 | 8/30/23 |
| Henry | 118.5 | 107.84 | $13,000.00 | 85.6 | $151.87 | $1,540,500.00 | 91.00 | 8/30/23 |
| Mahaska | 75.49 | 75.49 | $14,100.00 | 86 | $163.95 | $1,064,409.00 | 100.00 | 8/30/23 |
| Greene | 36.24 | 34.79 | $14,275.00 | 88.3 | $161.66 | $517,326.00 | 96.00 | 8/30/23 |
| Humboldt | 85.09 | 85.09 | $14,750.00 | 86.1 | $171.31 | $1,255,077.50 | 100.00 | 8/30/23 |
| Mitchell | 155 | 140.60 | $15,000.00 | 84.7 | $177.10 | $2,325,000.00 | 90.71 | 8/30/23 |
| Floyd | 139.74 | 127.10 | $12,100.00 | 85.2 | $142.02 | $1,690,854.00 | 90.95 | 8/30/23 |
| Calhoun | 47.85 | 47.85 | $13,900.00 | 85 | $163.53 | $665,115.00 | 100.00 | 8/31/23 |
| Calhoun | 42.57 | 37.88 | $11,700.00 | 83.4 | $140.29 | $498,069.00 | 88.98 | 8/31/23 |
| Louisa | 81.04 | 79.5 | $16,950.00 | 91 | $186.26 | $1,373,628.00 | 98.10 | 8/31/23 |
| Louisa | 75.04 | 70.08 | $15,700.00 | 85.7 | $183.20 | $1,178,128.00 | 93.39 | 8/31/23 |
| Louisa | 80 | 71.13 | $7,850.00 | 75.4 | $104.11 | $628,000.00 | 88.91 | 8/31/23 |
| Sioux | 69.95 | 67.43 | $15,600.00 | 92.4 | $168.83 | $1,091,220.00 | 96.40 | 8/31/23 |
| O’Brien | 78.41 | 74.34 | $16,700.00 | 95.7 | $174.50 | $1,309,447.00 | 94.81 | 8/31/23 |
| STATEWIDE TOTALS | 2194.19 | 2066.41 | $13,180.68 | 82.22 | $160.31 | $28,358,312.00 | 94.18 |
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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