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 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
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 |

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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