Iowa Farmland Price Report May 27th – June 2nd, 2023

Jun 6, 2023

Iowa Farmland Prices May 27th – June 2nd, 2023 Report

A total of 551.36 acres were sold in Iowa this week. The average price per acre for the 7 land auctions is $12,342.86/acre and $189.12/CSR2 point. Learn more about CSR2.

How much is farmland in Iowa worth currently?

This week’s top-selling farm is 76.82 acres in Story County, IA which sold on May 30th. This tillable farm which could be developed is located West of Huxley, Iowa in city limits, and sold for $18,700/acre. This farm has a 78.2 CSR2 resulting in $239.13/CSR2 point and is 96% tillable.

The second farm that sold this week went to 33.09 acres in Palo Alto County, Iowa as well which sold on May 31st for $16,400/acre. This 96% tillable farm located East of Ayrshire, Iowa has a CSR2 rating of 71 which totals to be $230.99/csr2.

Third highest selling farm of the week is in Butler County. This farm sold on June 1st for $15,000/acre or $163.93/CSR2 and is 95% 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
198.6 Acres Farmland in Sac, Buena Vista and Ida County, IA 
Midwest Land Auctioneer

FAQ of the week: What if I can't find the abstract for the farm?

No worries! If we need it we can order a new abstract that goes back 40 years and have it re-made. It’s really that simple!

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

County Total Acres Tillable Acres Price Per Tillable Acre CSR2 $ per Tillable CSR2 Price % Tillable Date
Story 76.82 74.12 $18,700.00 78.2 $239.13 $1,436,534.00 96.49 5/30/23
Harrison 146.69 133.1 $9,700.00 55.8 $173.84 $1,422,893.00 90.74 5/31/23
Harrison 25.4 17.5 $11,100.00 41.9 $264.92 $281,940.00 68.90 5/31/23
Palo Alto 33.09 31.75 $16,400.00 71 $230.99 $542,676.00 95.95 5/31/23
Palo Alto 35.76 32 $7,600.00 68.5 $110.95 $271,776.00 89.49 5/31/23
Harrison 79 65.37 $7,900.00 56.4 $140.07 $624,100.00 82.75 6/1/23
Butler 154.6 146.8 $15,000.00 91.5 $163.93 $2,319,000.00 94.95 6/1/23
STATEWIDE TOTALS 551.36 500.64 $12,342.86 66.19 $189.12 $6,898,919.00 90.80
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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