Iowa Farmland Prices April 16th-22nd

Apr 27, 2022 | Farmland Prices, Iowa Farmland Prices, Iowa Farmland Report, Land Auctions

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

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

There were only 6 farmland sales during the week of April 16th – 22nd which is considerably lower than the 26 farmland auction results we saw on April 9-15th. 154.16 acres in Story County, IA sold for $14,700/acre which was the highest for last week. There were a few farms that sold with some CRP acres and the 160 acres in Harrison County, IA was pasture that sold for $9,950/acre! When pasture sells that high, it most likely will be converted into tillable acres.

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
heat map of Iowa Farmland sales

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

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.comPhone: (515) 954-8063

Wild Fires Burning more than 41K acres in Nebraska and Kansas

Our prayers go out to everyone affected by the wildfires spreading across Nebraska and Kansas. According to Colorado’s Multi-Mission Aircraft, the Road 702 fire has burned nearly 41,155 acres. The grass is just turning from brown to green and dry conditions are a major hazard still. Read more about the fire here.
Land value chart Iowa

More Blizzard Weather in North Dakota

Our team of auctioneers and farmland agents noticed many ranchers sharing videos on social media this past week of taking care of newborn calves during the blizzard storms in western North Dakota and Montana since Easter weekend. As cattlemen ourselves, we understand the hardships of calving during winter storms with blowing snow and drifts. Our hearts go out to all the tired and hardworking cattlemen trying to keep their livestock alive during these abnormal blizzards.

The crazy thing is that much of North Dakota is still in a drought even with three back-to-back blizzards! Some areas are improving but the majority of the state is still suffering from dry areas.

Request a Free Valuation for Your Farm or Land Property

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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