Iowa Farmland Price Report September 16th – 22nd, 2023

Sep 26, 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 
Missouri farmland auction record price

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 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 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
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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