Iowa Farmland Price Report September 2nd – 8th, 2023

Sep 13, 2023

Iowa Farmland Prices September 2nd – 8th, 2023 Report

A total of 3,244.69 acres were sold in Iowa this week. The average price per acre for the 31 tracts of land auctions is $12,282.42/acre and $159.12/CSR2 point. Learn more about CSR2.

How much is farmland in Iowa worth currently?

This week’s top-selling farm went to 143.87 acres in Sioux County, IA which sold on September 7th by auction. This farm is located West Alton, Iowa and sold for $20,450/acre. The CSR2 rating of the farm is 91.7 which totals to be $233.01/CSR2 point on this 100% tillable farm.

The second highest selling farm that sold this week went to Dallas County Northwest of Granger, IA.  This 157.12 acre farm sold for $17,600/acre and is 93% tillable. CSR2 rating on this farm totaled 87.8 which puts sale price $200.46/CSR2. Also included on this farm was a 26’x48x pole building built in 2010.

Third highest selling farm of the week is located in Audubon County Southwest of Coon Rapids, IA. This 120 acre farm sold for $17,400/acre or $215.08/CSR2 point.

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 

2 Bedroom 1 Bath Acreage on 2.62 Acres, in New Virginia, IA
DreamDirt auctioneers and owners Jason Smith, Nicole Smith, Tom Bradley

DreamDirt Farm and Ranch Real Estate, LLC

We deliver cutting-edge professional and effective farm real estate services. We provide fair, honest, and easy auction and brokerage experiences where buyers and sellers can safely negotiate the sale of farm property. DreamDirt is a farm real estate company that esases the burden of selling and buying farm property. We add value with our knowledge, skill, and resources. We deliver exceptional selling and buying experiences made amazingly simple for all parties involved.

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
Mitchell 156.65 118.20 $9,050.00 84.4 $107.23 $1,417,682.50 75.45 9/5/23
Monroe 119 92.98 $8,216.00 45 $182.58 $977,704.00 78.13 9/5/23
Monroe 171.27 104.20 $5,644.00 45 $125.42 $966,647.88 60.84 9/5/23
Hamilton 134.35 113.46 $8,188.00 81.9 $99.98 $1,100,057.80 84.45 9/5/23
Audubon 120 112.28 $17,400.00 80.9 $215.08 $2,088,000.00 93.57 9/6/23
Marshall 153.24 152.68 $16,700.00 91.5 $182.51 $2,559,108.00 99.63 9/6/23
Henry 228 92.97 $5,800.00 66.2 $87.61 $1,322,400.00 40.78 9/6/23
Boone 40 39.84 $12,500.00 77.7 $160.88 $500,000.00 99.60 9/6/23
Calhoun 135 134.25 $15,250.00 85.1 $179.20 $2,058,750.00 99.44 9/6/23
Story 37.15 35.81 $17,000.00 88.5 $192.09 $631,550.00 96.39 9/7/23
Jasper 74.97 70.91 $13,200.00 75 $176.00 $989,604.00 94.58 9/7/23
Jasper 39.22 39.22 $11,950.00 66 $181.06 $468,679.00 100.00 9/7/23
Dallas 157.12 146.16 $17,600.00 87.8 $200.46 $2,765,312.00 93.02 9/7/23
Dallas 132.7 88.78 $11,800.00 70.7 $166.90 $1,565,860.00 66.90 9/7/23
Tama 78 73.97 $11,800.00 70.7 $166.90 $920,400.00 94.83 9/7/23
Kossuth 159 155 $11,750.00 78 $150.64 $1,868,250.00 97.48 9/7/23
Polk 33.8 32.08 $5,600.00 54.3 $103.13 $189,280.00 94.91 9/7/23
Polk 34.47 33.17 $8,600.00 78.4 $109.69 $296,442.00 96.23 9/7/23
Polk 134.02 125.03 $11,700.00 77.7 $150.58 $1,568,034.00 93.29 9/7/23
Henry 75.61 73.50 $11,786.00 80 $147.33 $891,139.46 97.21 9/7/23
Henry 62.24 52 $8,085.00 61.2 $132.11 $503,210.40 83.55 9/7/23
Henry 93.01 82.11 $11,786.00 80 $147.33 $1,096,215.86 88.28 9/7/23
Sioux 143.87 143.87 $20,450.00 91.7 $223.01 $2,942,141.50 100.00 9/7/23
Calhoun 115 108.64 $10,700.00 82.9 $129.07 $1,230,500.00 94.47 9/7/23
Webster 156 156 $17,000.00 85.2 $199.53 $2,652,000.00 100.00 9/8/23
Hancock 45 44.41 $12,800.00 63.8 $200.63 $576,000.00 98.69 9/8/23
Butler 80 76 $10,800.00 81.4 $132.68 $864,000.00 95.00 9/8/23
Butler 80 76 $12,300.00 85.2 $144.37 $984,000.00 95.00 9/8/23
Hardin 96 93.36 $15,100.00 90.4 $167.04 $1,449,600.00 97.25 9/8/23
Marshall 80 77.64 $14,400.00 77.2 $186.53 $1,152,000.00 97.05 9/8/23
Marshall 80 78.39 $15,800.00 85.3 $185.23 $1,264,000.00 97.99 9/8/23
STATEWIDE TOTALS 3244.69 2822.91 $12,282.42 76.42 $159.12 $39,858,568.40 87.00
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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