Iowa Farmland Price Report October 14th – 20th, 2023
Iowa Farmland Prices October 14-20th, 2023 Report
A total of 1,649.07 acres were sold in Iowa this week. The average price per acre for the 7 tracts of land auctions is $12,12.43/acre and $144.50/CSR2 point. Learn more about CSR2.
How much is farmland in Iowa currently worth?
This week’s top-selling farm went to 80 acres in Poweshiek County. This farm was sold by auction on October 18th for $20,500/acre. Soil rating on this farm is 91.3 CSR2 which calculates to be $224.53/CSR2 point.
The second highest selling farm that sold this week went to 90 acres in Black Hawk County. This high quality farm sold for $14,200/acre and has a 88.1 CSR2 which calculates to be $161.18/CSR2.
Third highest selling farm of the week sold for $13,200/acre. A 80 acre farm in Black Hawk County sold on October 18th. This 94% tillable farm has a 87.8 CSR2.
Check out the table below to see results from all farmland auctions in Iowa this week and Rachel’s video with aerials of the farms.
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
76.03 Acres Farmland in Lyon County, IA
552.57 Acres Farmland in Thurston County, Nebraska
244.86 Acres Pasture Land in Clarke County, IA
81.81 Acres Farmland in Sioux County, IA
83.32 Acres Farmland and Acreage Site in Monona County, IA
151.63 Acres Farmland in Caldwell County, MO
233.6 Acres Farmland in Page County, IA
24.13 Acres Land with Outbuilding in Madison County, IA
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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 the Midwest. 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 |
|---|---|---|---|---|---|---|---|---|
| Franklin | 80 | 72.31 | $11,800.00 | 84.3 | $139.98 | $944,000.00 | 90.39 | 10/17/23 |
| Montgomery | 159 | 142.57 | $4,000.00 | 55.5 | $72.07 | $636,000.00 | 89.67 | 10/17/23 |
| Pottawattamie | 74.77 | 66.59 | $8,150.00 | 73.1 | $111.49 | $609,375.50 | 89.06 | 10/17/23 |
| Black Hawk | 90 | 89.39 | $14,200.00 | 88.1 | $161.18 | $1,278,000.00 | 99.32 | 10/18/23 |
| Black Hawk | 80 | 75.35 | $13,200.00 | 87.8 | $150.34 | $1,056,000.00 | 94.19 | 10/18/23 |
| Poweshiek | 80 | 78.78 | $20,500.00 | 91.3 | $224.53 | $1,640,000.00 | 98.48 | 10/18/23 |
| Greene | 80 | 77.96 | $13,000.00 | 85.6 | $151.87 | $1,040,000.00 | 97.45 | 10/20/2023 |
| STATEWIDE TOTALS | 643.77 | 602.95 | $12,121.43 | 80.81 | $144.50 | $7,203,375.50 | 93.66 |
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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