Iowa Farmland Price Report June 3rd – 9th, 2023

Jun 14, 2023

Iowa Farmland Prices June 3rd – 9th, 2023 Report

A total of 4,121.65 acres were sold in Iowa this week. The average price per acre for the 34 land auctions is $12,047.03/acre and $159.62/CSR2 point. Learn more about CSR2.

How much is farmland in Iowa worth currently?

This week’s top-selling farm is 223.55 acres in Marshall County, IA which sold on June 6th. This tillable farm which could be developed is located Southeast of Conrad, Iowa and sold for $19,600/acre. This farm has a 91.8 CSR2 resulting in $213.51/CSR2 point and is 97% tillable.

The second farm that sold this week went to 157.23 acres in Plymouth County, Iowa which sold on June 5th for $19,000/acre. This 95% tillable farm located South of Ruble, Iowa has a CSR2 rating of 85.7 which totals to be $221.70/csr2. A newer 17,000 bushel grain bin was also on this farm.

Third highest selling farm of the week is in Osceola County. This farm sold on June 7th for $18,100/acre or $190.53/CSR2 and is 98% tillable farm.

Check out the table below to see results from all farmland auctions in Iowa this week.

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 

118 Acres Farmland in Union County, IA
280.59 Acres in Hancock County and Cerro Gordo County, IA 
10 Acres Farmland in Madison County, IA
auctioneer selling an auction

FAQ of the week: What is better a live auction or online auction?

The best answer to this question is what one do you prefer or are most comforatble with? We have consistently said we believe there is a seller’s advantage when you use and online only auction but if you are more comforatble with a live in person auction then a live auction is the best and we love conducting live auctions the old fashioned way! 

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.

Phone: 515-537-6633

Recently Sold Farmland In Iowa 2023 – Average Price and Auction Results

Date County Zip Total Acres Tillable Acres Price Per Tillable Acre CSR2 $ per Tillable CSR2 Price % Tillable
6/5/23 Plymouth 157.23 149.79 $19,000.00 85.7 $221.70 $2,987,370.00 95.27
6/5/23 Plymouth 80 76.59 $17,300.00 83.9 $206.20 $1,384,000.00 95.74
6/5/23 Shelby 70.22 70.22 $13,900.00 67.8 $205.01 $976,058.00 100.00
6/5/23 Shelby 35.21 35.21 $16,250.00 77.4 $209.95 $572,162.50 100.00
6/5/23 Shelby 113.81 108.37 $15,400.00 58.2 $264.60 $1,752,674.00 95.22
6/6/23 Marshall 223.55 218.33 $19,600.00 91.8 $213.51 $4,381,580.00 97.66
6/6/23 Dickinson 143.69 121.6 $8,550.00 77.5 $110.32 $1,228,549.50 84.63
6/6/23 Dickinson 80.01 80.01 $10,000.00 72.4 $138.12 $800,100.00 100.00
6/7/23 Osceola 140.59 138.24 $18,100.00 95 $190.53 $2,544,679.00 98.33
6/7/23 Story-Marshall 97.27 92.15 $10,300.00 82.7 $124.55 $1,001,881.00 94.74
6/7/23 Lee 182.65 177.09 $9,949.00 56.1 $177.34 $1,817,184.85 96.96
6/8/23 Monroe 91.38 79.85 $7,450.00 74 $100.68 $680,781.00 87.38
6/8/23 Franklin 111 110.96 $12,500.00 82.7 $151.15 $1,387,500.00 99.96
6/8/23 Franklin 59 59 $12,500.00 79.2 $157.83 $737,500.00 100.00
6/8/23 Franklin 52 52 $8,200.00 85 $96.47 $426,400.00 100.00
6/8/23 Sac 78.8 76.71 $15,900.00 90.5 $175.69 $1,252,920.00 97.35
6/8/23 Buena Vista 39.8 38.8 $17,075.00 93 $183.60 $679,585.00 97.49
6/8/23 Ida 80 75.37 $16,500.00 85.2 $193.66 $1,320,000.00 94.21
6/8/23 Decatur 143.26 129.79 $10,700.00 70.3 $152.20 $1,532,882.00 90.60
6/8/23 Decatur 64.85 53.34 $9,600.00 59.2 $162.16 $622,560.00 82.25
6/8/23 Decatur 176.31 11.41 $7,000.00 57 $122.81 $1,234,170.00 6.47
6/8/23 Sac 220.32 207.29 $13,600.00 93.8 $144.99 $2,996,352.00 94.09
6/8/23 Dallas 397 386.56 $17,200.00 88.1 $195.23 $6,828,400.00 97.37
6/8/23 Kossuth 80 77 $12,500.00 77.3 $161.71 $1,000,000.00 96.25
6/8/23 Kossuth 74 73.50 $13,300.00 79.7 $166.88 $984,200.00 99.32
6/8/23 Appanoose 29.06 25.55 $6,700.00 55.1 $121.60 $194,702.00 87.92
6/8/23 Appanoose 38.31 27.87 $4,125.00 43.5 $94.83 $158,028.75 72.75
6/8/23 Appanoose 50.31 25.19 $4,700.00 48.1 $97.71 $236,457.00 50.07
6/8/23 Osceola 150 144 $13,600.00 85.5 $159.06 $2,040,000.00 96.00
6/8/23 Osceola 79.77 75.25 $10,800.00 81.3 $132.84 $861,516.00 94.33
6/8/23 Osceola 159.03 148.78 $10,900.00 74.6 $146.11 $1,733,427.00 93.55
6/9/23 Harrison 275.32 268.43 $10,900.00 65.6 $166.16 $3,000,988.00 97.50
6/9/23 Woodbury 211 187.02 $6,600.00 50.4 $130.95 $1,392,600.00 88.64
6/9/23 Shelby 136.90 137 $8,900.00 59 $150.85 $1,218,410.00 100.07
STATEWIDE TOTALS 4121.65 3738.27 $12,047.03 74.31 $159.62 $51,965,617.60 90.70
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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