Iowa Farmland Price Report May 5th-11th, 2023

May 18, 2023

Iowa Farmland Prices May 5th – 11th, 2023 Report

A total of 201.76 acres were sold in Iowa this week. The average price per acre for the three land auctions was $7,548.33/acre and $152.39/CSR2 point. Learn more about CSR2.

How much is farmland in Iowa worth?

This week’s top-selling farm was 71.24 acres in Clinton County, IA which sold on May 11th. The farm is located Northwest of Clinton, Iowa, and sold for $8,800/acre. This farm had a 49.5 CSR2 resulting in a $177.78/CSR2 point and is 92% tillable.

The second farm that sold this week went to 79.52 acres in Clinton County, Iowa which sold on May 11th for $7,650/acre. CSR2 rating of this tract of land is 46.1 which totals to be $165.94/csr2.

Third selling farm of the week was in Keokuk county. 51 acres sold on May 10th for $6,195/acre or $113.46/CSR2. This 53% tillable farm is located North of Hedrick, Iowa.

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 
When is the best time to sell farmland?

When is the Best Time to Sell Farmland?

The answer can vary slightly depending on each scenario, but in general there is not a bad time of year to sell! Certain considerations such as type of land may sell better at certain times (hunting land sells better in-season) and the time of year may affect your terms and conditions of the sale, but your DreamDirt representative works with you to create demand and drive your sale forward regardless of the season.

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
5/10/23 Keokuk 50611 51 27.14 $6,195.00 54.6 $113.46 $315,945.00 53.22
5/11/23 Clinton 71.24 66.11 $8,800.00 49.5 $177.78 $626,912.00 92.80
5/11/23 Clinton 79.52 67.88 $7,650.00 46.1 $165.94 $608,328.00 85.36
STATEWIDE TOTALS 201.76 161.13 $7,548.33 50.07 $152.39 $1,551,185.00 79.86
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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