Iowa Farmland Price Report September 16th – 22nd, 2023
Iowa Farmland Prices September 16th-22nd, 2023 Report
A total of 2,478.29 acres were sold in Iowa this week. The average price per acre for the 23 tracts of land auctions is $12,498.61/acre and $157.36/CSR2 point. Learn more about CSR2.
How much is farmland in Iowa worth currently?
This week’s top-selling farm went to two tracts of farmland in Palo Alto County, IA North of Emmetsburg, IA. A total of 230.81 acres sold on September 21st by auction for $17,500/acre. Tract 1 was 150.81 acres and has a 87.5 CSR2 rating. Tract 2 consisted of 80 acres and has a 83.6 CSR2 rating.
The second highest selling farm that sold this week went to Kossuth County Northwest of St. Josepgh, IA. This 71 acre farm sold for $17,200/acre. CSR2 rating on this farm totaled 85.2 which puts sale price $201.88/CSR2 for this 100% tillable farm.
Third highest selling farm of the week was a neighboring farm to the top selling farm in Palo Alto County. This 79 acre farm sold for $16,500/acre on September 21st as well and hase a 88.1 CSR2 rating totaling $187.29/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
New Farmland Price Record!
115 acres in Saline County, Missouri broke the record for highest selling farm in the Midwest for $34,800/acre on Thursday, September 21st, 2023. Read more about why it broke the record and our thoughts on why choosing the auction method to sell your farm is the best choice here.
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
| Date | County | Total Acres | Tillable Acres | Price Per Tillable Acre | CSR2 | $ per Tillable CSR2 | Price | % Tillable |
|---|---|---|---|---|---|---|---|---|
| 9/19/23 | Wright | 156.11 | 153.06 | $11,200.00 | 77.2 | $145.08 | $1,748,432.00 | 98.05 |
| 9/19/23 | Black Hawk | 118.1 | 106.82 | $15,900.00 | 87.5 | $181.71 | $1,877,790.00 | 90.45 |
| 9/19/23 | Sac | 120 | 119.06 | $14,200.00 | 90.8 | $156.39 | $1,704,000.00 | 99.22 |
| 9/19/23 | Sac | 80 | 77.35 | $13,900.00 | 89.9 | $154.62 | $1,112,000.00 | 96.69 |
| 9/19/23 | Sac | 60 | 56.63 | $11,500.00 | 88.3 | $130.24 | $690,000.00 | 94.38 |
| 9/19/23 | Kossuth | 78.79 | 78.79 | $15,100.00 | 85.7 | $176.20 | $1,189,729.00 | 100.00 |
| 9/19/23 | Kossuth | 71 | 71 | $17,200.00 | 85.2 | $201.88 | $1,221,200.00 | 100.00 |
| 9/20/23 | Winnebago | 77 | 75.06 | $15,800.00 | 85.2 | $185.45 | $1,216,600.00 | 97.48 |
| 9/20/23 | Guthrie | 147.16 | 55 | $8,700.00 | 60.5 | $143.80 | $1,280,292.00 | 37.37 |
| 9/21/23 | Jefferson | 200 | 160.78 | $6,850.00 | 68 | $100.74 | $1,370,000.00 | 80.39 |
| 9/21/23 | Jefferson | 40 | 30.99 | $11,700.00 | 83.2 | $140.63 | $468,000.00 | 77.48 |
| 9/21/23 | Adams | 40 | 36.97 | $15,500.00 | 82.8 | $187.20 | $620,000.00 | 92.43 |
| 9/21/23 | Adams | 40 | 30.90 | $11,500.00 | 70.5 | $163.12 | $460,000.00 | 77.25 |
| 9/21/23 | Taylor | 120 | 114.14 | $9,100.00 | 55.8 | $163.08 | $1,092,000.00 | 95.12 |
| 9/21/23 | Jasper | 164.06 | 107.15 | $8,800.00 | 58.8 | $149.66 | $1,443,728.00 | 65.31 |
| 9/21/23 | Palo Alto | 230.81 | 226.30 | $17,500.00 | 85.5 | $204.68 | $4,039,175.00 | 98.05 |
| 9/21/23 | Palo Alto | 79 | 76.04 | $16,500.00 | 88.1 | $187.29 | $1,303,500.00 | 96.25 |
| 9/21/23 | Jasper | 114.05 | 111.87 | $13,200.00 | 81.7 | $161.57 | $1,505,460.00 | 98.09 |
| 9/21/23 | Jasper | 26.54 | 25.89 | $11,502.00 | 80.4 | $143.06 | $305,263.08 | 97.55 |
| 9/21/23 | Jasper | 172.71 | 125.59 | $10,566.00 | 81.5 | $129.64 | $1,824,853.86 | 72.72 |
| 9/21/23 | Jasper | 137.06 | 123.88 | $8,000.00 | 68.8 | $116.28 | $1,096,480.00 | 90.38 |
| 9/22/23 | Pocahontas | 145.9 | 120.95 | $7,350.00 | 64.9 | $113.25 | $1,072,365.00 | 82.90 |
| 9/22/23 | Greene | 60 | 55.57 | $15,900.00 | 86.5 | $183.82 | $954,000.00 | 92.62 |
| STATEWIDE TOTALS | 2478.29 | 2,139.79 | $12,498.61 | 78.56 | $157.36 | $29,594,867.94 | 86.34 |
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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