Iowa Farmland Price Report August 26th – September 1st, 2023

Sep 6, 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

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
A DreamDirt auctioneer poses in a field with a Land Auction sign

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

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.

Read Jason's Full Bio Here

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
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

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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