Iowa Farmland Prices April 16th-22nd
Welcome back to the Iowa Farmland Prices Report! Our cover photo this week is what farmers are hoping to see and do – planting! According to Successful Farming, the U.S. is currently at 7% corn planted this year compared with 15% for the previous five-year average. Soybeans are currently planted at 3%, compared with 5% for the previous five-year average. The end of this week doesn’t look promising for farmers to be out in the field in Iowa due to rain in the forecast. A few of our auctioneers in Western, IA saw planters out rolling this weekend.
Jason Smith
Auctioneer, Land Broker, Founder
Jason is an Auctioneer and Land Broker in Iowa and the surrounding states. The DreamDirt team of auctioneers, land brokers, and realtors specialize in farmland sales primarily serving the heirs to family farms all across Iowa and some surrounding states. Today's report details Iowa's current land market for land sold at auctions.
Email: Jason@dreamdirt.com | Phone: (515) 537-6633
Iowa Farmland Sales News This Week
The average of all farmland sales this week was $128.85 per CSR2 point which is considerably lower than the week before. The average price per acre was $8,593.67/acre and also lower than the week before. This is most likely due to the quality of the farms sold this week and fewer auctions.
We are continuing to add farmland auctions here at DreamDirt and today we sold a farm in Greene County, IA for $2,663,433! Two tracts are located East of Carroll, IA, or West of Scranton, IA, and South of HWY 30. Tract 1 – 117.37 acres sold for $16,200/acre or $189.47/CSR2 and Tract 2 – 44.76 acres sold for $17,025/acre or $194.35/CSR2.
Curious what your farmland is worth? Start today by requesting our free market analysis consultation that is 100% confidential!
| County | Date | Total Acres | Tillable Acres | Price Per Tillable Acre | CSR2 | $ per Tillable CSR2 | Price | % Tillable |
|---|---|---|---|---|---|---|---|---|
| Harrison | 4/18/22 | 160 | 130.69 | $9,950.00 | 52.7 | $188.80 | $1,300,365.50 | 81.68 |
| Story | 4/19/22 | 154.16 | 140 | $14,700.00 | 79.4 | $185.14 | $2,058,000.00 | 90.81 |
| Worth | 4/20/22 | 100 | 81.81 | $5,010.00 | 59 | $84.92 | $409,868.10 | 81.81 |
| Worth | 4/20/22 | 118.02 | 113.19 | $8,083.00 | 68.8 | $117.49 | $914,914.77 | 95.91 |
| Worth | 4/20/22 | 140 | 124.56 | $5,032.00 | 73.1 | $68.84 | $626,785.92 | 88.97 |
| Howard | 4/21/22 | 130 | 125.1 | $8,787.00 | 68.7 | $127.90 | $1,099,253.70 | 96.23 |
| TOTALS | 802.18 | 715.35 | $8,593.67 | 66.95 | $128.85 | $6,409,187.99 | 89.18 |
Iowa Land Prices at A Glance
Our Iowa Farmland Price Heat Maps have been a huge help for people that want to visualize and research farmland prices in Iowa. Here you can research your farm’s proximity or the statewide market and see individual sale results, 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.
Rachel Tiffany is a licensed real estate agent and auctioneer at DreamDirt. You can reach her at 515-954-8063 or email Rachel@dreamdirt.com
Rachel Tiffany
Farmland Auctioneer and Agent
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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Whether you’re ready to start the selling process, or even remotely curious, we will gladly provide you with a FREE Market Analysis! If you are in a position to sell land in the Midwest, we want to help you achieve the top of the market on your sale.
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