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