Iowa Farmland Price Report July 15th – 21st, 2023
Iowa Farmland Prices July 15th-21st, 2023 Report
A total of 1,413.64 acres were sold in Iowa this week. The average price per acre for the 14 tracts of land auctions is $11,986.64/acre and $148.59/CSR2 point. Learn more about CSR2.
How much is farmland in Iowa worth currently?
This week’s top-selling farm is 80 acres in Story County, IA which sold on July 20th by auction. This farm is located South of Zearing, Iowa and sold for $17,100/acre. The CSR2 rating of the farm is 88.5 which totals to be $193/CSR2 point on this 95% tillable farm.
The second highest selling farm that sold this week went to 60 acres of farmland in Kossuth County, North of Fenton, Iowa which sold on July 20th for $14,700/acre. CSR2 rating on this farm is 85.5 which totals to be $171.93/CSR2 on a 97% tillable farm.
Third highest selling farm of the week is located in Dallas County, Southwest of Perry, Iowa This farm sold on July 15th for $13,500/acre and $154.64/CSR2. This farm consisted of 143.16 acres and is 96% tillable.
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
Acreage and 36.34 Acres of Land in Plymouth County, IA
71.13 Acres Farmland in Pocahontas County, IA
158 Acres Farmland and Acreage in Howard County, IA
155.16 Acres Farmland and Acreage in Sac County, IA
2 Bedroom 1 Bath Acreage on 2.62 Acres, in New Virginia, IA
Acreage with Outbuildings and 2.28 Acres near Rockford, IA
Can I sell my land if there is a tenant?
Yes! However, tenancy termintaion is coming up in Iowa and if you are thinking of selling farmland in 2024, now is a good time to send a termination letter to the tenant to ensure new buyer can farm the ground in 2024. In Iowa, this notice is due September 1st! Read more about how to terminate a farm tenant here.
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
| Date | County | Acres | $/acre | CSR2 | $/CSR2 | % Tillable |
|---|---|---|---|---|---|---|
| 15-Jul | Dallas | 143.16 | 13,500.00 | 87.3 | 154.64 | 96.42 |
| 19-Jul | Osceola | 27.62 | 13,500.00 | 72.8 | 185.44 | 79.76 |
| 19-Jul | Tama | 84.9 | 8,663.00 | 86.3 | 100.38 | 73.40 |
| 20-Jul | Buchanan | 136 | 11,750.00 | 83.1 | 141.40 | 94.09 |
| 20-Jul | Buchanan | 116.25 | 11,750.00 | 77.7 | 151.22 | 97.44 |
| 20-Jul | Story | 80 | 17,100.00 | 88.5 | 193.22 | 94.60 |
| 20-Jul | Jefferson | 78.83 | 9,000.00 | 75.6 | 119.05 | 84.36 |
| 20-Jul | Jefferson | 50.57 | 10,900.00 | 62.8 | 173.57 | 79.34 |
| 20-Jul | Kossuth | 60 | 14,700.00 | 85.5 | 171.93 | 96.85 |
| 20-Jul | Dallas | 134.09 | 12,650.00 | 87.7 | 144.24 | 97.25 |
| 20-Jul | Dallas | 137.92 | 12,300.00 | 86 | 143.02 | 67.29 |
| 20-Jul | Dallas | 103 | 11,000.00 | 85.6 | 128.50 | 90.10 |
| 20-Jul | Dallas | 188 | 10,500.00 | 81.1 | 129.47 | 86.47 |
| 21-Jul | Monona | 73.3 | 10,500.00 | 72.8 | 144.23 | 100.00 |
| Totals & Averages | 1413.64 | 11,986.64 | 80.91428571 | 148.59 | 88.38 |
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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