Iowa Farmland Price Report May 20th – 26th, 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 Appraisal for Iowa Land
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
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
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 | 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
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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