Iowa Farmland Price Report August 5th -11th, 2023
Iowa Farmland Prices August 5th – 11th, 2023 Report
A total of 1,533.55 acres were sold in Iowa this week. The average price per acre for the 19 tracts of land auctions is $11,594.74/acre and $168.86/CSR2 point. Learn more about CSR2.
How much is farmland in Iowa worth currently?
This week’s top-selling farm is 87 acres in Story County, IA which sold on August 11th by auction. This farm is located Sotheast of Roland, Iowa and sold for $18,800/acre. The CSR2 rating of the farm is 88 which totals to be $213/CSR2 point on this 99% tillable farm.
The second highest selling farm that sold this week went to O’Brien County west of Sanburn, IA. 179.79 acres sold for $16,900/acre and is 100% tillable. CSR2 rating on theis farm totaled 96.2.
Third highest selling farm of the week is located in Story County West of Colo, IA. this 79 acre farm sold for $16,600/acre or $187.57/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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155.16 Acres Farmland and Acreage in Sac County, IA
2 Bedroom 1 Bath Acreage on 2.62 Acres, in New Virginia, IA
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As little as possible and we offer a fee de-escalation! We work in a very competitive industry and we are market leaders because we have been able to competitively deliver top of the market services and outcomes for our clients. Our worry free offer to our clients brings them peace at a time when they are often overwhelmed. We won’t add to your stress, we want to be a part of the solution. We are able to offer every client a low stress selling experience for a very reasonable fee. Our fee de-escalation policy ensures that every client sees the lowest possible commission structure that beats competing offers for the same services every time guaranteed! See our fees, click here
Jason Smith
Auctioneer, Land Broker, Founder
Jason holds Auctioneer or Land Broker licenses in Iowa, Missouri, Minnesota, Nebraska, and South Dakota. His DreamDirt team is composed of auctioneers, land brokers, and realtors. They specialize in farmland sales primarily serving the heirs to family farms all across Iowa and surrounding states. We offer risk-free selling experiences and work hard to maximize the value of our client's assets using highly effective auction methods, technology, and powerful advertising.
Email: Jason@dreamdirt.com | 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 |
|---|---|---|---|---|---|---|---|---|
| Van Buren | 80 | 47.53 | $8,400.00 | 37.4 | $224.60 | $672,000.00 | 59.41 | 8/8/23 |
| O’Brien | 40 | 23.79 | $13,750.00 | 93 | $147.85 | $550,000.00 | 59.48 | 8/10/23 |
| Shelby | 37.8 | 23.68 | $15,200.00 | 67.3 | $225.85 | $574,560.00 | 62.65 | 8/10/23 |
| Lee | 75.96 | 51.72 | $7,900.00 | 56.3 | $140.32 | $600,084.00 | 68.09 | 8/10/23 |
| Dubuque | 73.43 | 51 | $10,500.00 | 38.7 | $271.32 | $771,015.00 | 69.45 | 8/9/23 |
| Van Buren | 20 | 13.92 | $9,600.00 | 55.4 | $173.29 | $192,000.00 | 69.60 | 8/8/23 |
| Jefferson | 34.67 | 26.76 | $4,800.00 | 52.1 | $92.13 | $166,416.00 | 77.18 | 8/8/23 |
| Van Buren | 96 | 74.6 | $9,800.00 | 64 | $153.13 | $940,800.00 | 77.71 | 8/8/23 |
| Jefferson | 79.31 | 65 | $6,950.00 | 57.9 | $120.03 | $551,204.50 | 81.96 | 8/8/23 |
| Clay | 80.41 | 76.09 | $10,500.00 | 72.8 | $144.23 | $844,305.00 | 94.63 | 8/8/23 |
| Van Buren | 68 | 64.45 | $8,500.00 | 45.8 | $185.59 | $578,000.00 | 94.78 | 8/8/23 |
| Clay | 80.26 | 76.63 | $8,900.00 | 70.3 | $126.60 | $714,314.00 | 95.48 | 8/8/23 |
| Howard | 79 | 75.70 | $14,175.00 | 84.5 | $167.75 | $1,119,825.00 | 95.82 | 8/9/23 |
| Floyd | 150 | 144.30 | $13,850.00 | 85.2 | $162.56 | $2,077,500.00 | 96.20 | 8/9/23 |
| Howard | 79 | 77 | $13,775.00 | 86 | $160.17 | $1,088,225.00 | 97.47 | 8/9/23 |
| Pocahontas | 113.92 | 113.08 | $11,400.00 | 83.8 | $136.04 | $1,298,688.00 | 99.26 | 8/10/23 |
| Story | 87 | 86.74 | $18,800.00 | 88 | $213.64 | $1,635,600.00 | 99.70 | 8/11/23 |
| O’Brien | 179.79 | 179.79 | $16,900.00 | 96.2 | $175.68 | $3,038,451.00 | 100.00 | 8/9/23 |
| Story | 79 | 79 | $16,600.00 | 88.5 | $187.57 | $1,311,400.00 | 100.00 | 8/11/23 |
| STATEWIDE TOTALS | 1533.55 | 1350.78 | $11,594.74 | 69.64 | $168.86 | $18,724,387.50 | 88.08 |
Rachel Tiffany
Farmland Auctioneer | Land Broker
Rachel is a licensed real estate salesperson specializing in the sale of farm, land, and rural residential real estate. She is a graduate of Iowa State University with a major in Animal Science and a minor in Agricultural Business. Rachel has a strong interest in valuations and appraisal of rural properties and studied Rural Property Appraisal at Iowa State. She also works for DreamDirt as the Online Auction Coordinator building and facilitating their online land and equipment auctions.
Email: rachel@dreamdirt.com | Phone: (515) 954-8063
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