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