Iowa Farmland Price Report May 20th – 26th, 2023

May 31, 2023

Iowa Farmland Prices May 20th – 26th, 2023 Report

A total of 1,902.41 acres were sold in Iowa this week. The average price per acre for the 21 land auctions is $13,567/acre and $169.79/CSR2 point. Learn more about CSR2.

How much is farmland in Iowa worth currently?

This week’s top-selling farm is 18 acres in Plymouth County, IA which sold on May 20th. This undeveloped farm is located East of Le Mars, Iowa in city limits, and sold for $29,000/acre. This farm has a 88.1 CSR2 resulting in an outstanding $329.17/CSR2 point and is 96% tillable.

The second farm that sold this week went to 96.33 acres in Plymouth County, Iowa as well which sold on May 26th for 25,000/acre. This 98% tillable farm located SOuth of Oyens, Iowa has a CSR2 rating of 92.7 which totals to be $269.69/csr2.

Third highest selling farm of the week is in Greene County. This farm is split into two tracts and sold on May 26th located Southwest of Jefferson, Iowa. Tract 1 consisting of 80 acres sold for $6,195/acre or $17,550/acre or $199.66/CSR2 and is 98% tillable. Tract 2 consisting of 80 acres followed closely at $16,500/acre. 

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
198.6 Acres Farmland in Sac, Buena Vista and Ida County, IA 
combine and tractor harvesting corn

Can I set a Reserve Price for my Farm?

Absolutely you can! This is your farm, your auction, and your financial security. We know many auction companies require you to sell “No Reserve” and while we don’t understand robbing a client of their financial protection, we do understand it guarantees them a commission. We know we have to perform and we have to perform to our best, there is no guaranteed commission for us. We’ll show you how hard we can work for you to push to the very last dollar. 

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 Total Acres Tillable Acres Price Per Tillable Acre CSR2 $ per Tillable CSR2 Price % Tillable
5/20/23 Plymouth 18 17.30 $29,000.00 88.1 $329.17 $522,000.00 96.11
5/24/23 Dickinson 67.67 65.40 $13,000.00 87.1 $149.25 $879,710.00 96.65
5/24/23 Dickinson 72.79 69.35 $12,200.00 84.8 $143.87 $888,038.00 95.27
5/24/23 Dickinson 68.8 66.21 $12,100.00 72.6 $166.67 $832,480.00 96.24
5/25/23 Grundy 180 147.1 $9,700.00 83.1 $116.73 $1,746,000.00 81.72
5/25/23 Jasper 124.31 121.67 $11,500.00 74.1 $155.20 $1,429,565.00 97.88
5/25/23 Jasper 30.87 28.51 $13,600.00 89.5 $151.96 $419,832.00 92.36
5/25/23 Jasper 99.46 96.79 $12,700.00 83.3 $152.46 $1,263,142.00 97.32
5/25/23 Jasper 33.27 21.97 $11,100.00 61.1 $181.67 $369,297.00 66.04
5/25/23 Jasper 59.9 53.08 $13,400.00 74.2 $180.59 $802,660.00 88.61
5/25/23 Jasper 40 35.76 $13,600.00 87 $156.32 $544,000.00 89.40
5/25/23 Jasper 103.74 103.74 $9,800.00 70.6 $138.81 $1,016,652.00 100.00
5/25/23 Jasper 156.66 142.02 $7,500.00 71.7 $104.60 $1,174,950.00 90.65
5/25/23 Jasper 79.46 63.43 $5,600.00 76.6 $73.11 $444,976.00 79.83
5/25/23 Clay 160 149.8 $13,700.00 86.2 $158.93 $2,192,000.00 93.63
5/26/23 Harrison 74.15 73.38 $15,500.00 74 $209.46 $1,149,325.00 98.96
5/26/23 Harrison 119 109.77 $11,250.00 69.3 $162.34 $1,338,750.00 92.24
5/26/23 Harrison 158 134.04 $10,600.00 59.9 $176.96 $1,674,800.00 84.84
5/26/23 Greene 80 78.79 $17,550.00 87.9 $199.66 $1,404,000.00 98.49
5/26/23 Greene 80 77.16 $16,500.00 87.7 $188.14 $1,320,000.00 96.45
5/26/23 Plymouth 96.33 94.16 $25,000.00 92.7 $269.69 $2,408,250.00 97.75
STATEWIDE TOTALS 1902.41 1749.43 $13,566.67 79.12 $169.79 $23,820,427.00 91.96
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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