Iowa Farmland Price Report October 14th – 20th, 2023

Oct 24, 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 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
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
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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