Iowa Farmland Price Report September 30th – October 6th, 2023

Oct 12, 2023

Iowa Farmland Prices September 30th – October 6th, 2023 Report

A total of 1,054.14 acres were sold in Iowa this week. The average price per acre for the 10 tracts of land auctions is $12,240/acre and $157.53/CSR2 point. Learn more about CSR2.

How much is farmland in Iowa currently worth?

This week’s top-selling farm went to 184.49 acres in Cherokee County north of Aurelia, Iowa. This farm was sold by auction on October 5th for $16,500/acre or $3+ million dollars. Soil rating on this farm is 90.1 CSR2 which calculates to be $183/CSR2 poing.

The second highest selling farm that sold this week went to 129.42 acres in Buchanan County. This high quality farm sold fo r$15,850/acre and has a 88.7 CSR2 which calculates to be $178.69/CSR2.

Third highest selling farm of the week sold for $14,500/acre. A 120 acre farm in Cass County sold on October 5th for just over $1.74 million. This 91% tillable farm has a 70.8 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

 

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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
Benton 77 71.85 $13,900.00 86.4 $160.88 $1,070,300.00 93.31 10/3/23
Union 78 0 $5,300.00 53.3 $99.44 $413,400.00 0.00 10/3/23
Cass 120 110 $14,500.00 70.8 $204.80 $1,740,000.00 91.67 10/5/23
Cherokee 184.49 176.62 $16,500.00 90.1 $183.13 $3,044,085.00 95.73 10/5/23
Monroe 70 33.40 $6,250.00 41.5 $150.60 $437,500.00 47.71 10/6/23
Greene 156.81 152.02 $13,500.00 82.1 $164.43 $2,116,935.00 96.95 10/6/23
Wright 155.57 148.94 $12,600.00 86.5 $145.66 $1,960,182.00 95.74 10/6/23
Buchanan 8.85 7.86 $10,000.00 82.1 $121.80 $88,500.00 88.81 10/6/23
Buchanan 129.42 122.81 $15,850.00 88.7 $178.69 $2,051,307.00 94.89 10/6/23
Buchanan 74 50.55 $14,000.00 84.4 $165.88 $1,036,000.00 68.31 10/6/23
STATEWIDE TOTALS 1054.14 874.05 $12,240.00 76.59 $157.53 $13,958,209.00 82.92
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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