Iowa Farmland Prices April 23rd – 30th

May 2, 2022 | Farmland Prices, Iowa Auctioneers, Iowa Farmland Prices, Iowa Farmland Report, Iowa Farmland Values

Recent Farmland Sales in Iowa

There were a total of 10 tillable farmland auctions in Iowa last week April 23rd – 30th. We typically start to see a decline in number of acres sold after March into the summer due to the crop year, but April proved to be different this year. There were 5,364 more acres sold this April than last year April in 2021! If you’re thinking of selling farmland in Iowa now is a great time to do so! You don’t have to wait till after the crop season to sell. You can still sell farmland with a farm tenant! Read more here to learn how to do so or reach out to us! Last week, Sioux County had the highest selling prices at $23,500/acre which is starting to become typical for that county in Northwest Iowa. View more recent farmland sales data for Sioux County, IA here. On April 26th, we had a very successful land auction in Greene County, IA! Tract 1 sold for $16,200/acre and Tract 2 sold for $17,025. View the auction here. 

The average per acre price this week in Iowa was $15,783.40/acre of $198.33/CSR2 over a total of 807.50 acres from 80% or more tillable farms. This is considerably higher than the previous week due to more acres sold and higher per acre prices. Each auction brought $185/CSR2 or more last week which beats the average of $128/CSR2 during April 16th – 22nd. See the results below from each auction.

 

Jason Smith

Jason Smith

Auctioneer, Land Broker, Founder

Jason is an Auctioneer and Land Broker in Iowa and the surrounding states.  The DreamDirt team is comprised of auctioneers, land brokers, and realtors. We 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

Rachel Tiffany

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.comPhone: (515) 954-8063

County Total Acres Price Per Acre CSR2 $ per CSR2 % Tillable
Sioux 41.43 $23,500 90.4 $259.96 95.12
Sioux 104.99 $22,700 88.1 $257.66 99.23
Greene 117.37 $16,200 85.5 $189.47 100
Greene 44.76 $17,025 87.6 $194.35 100
Dallas 80 $17,100 87.9 $194.53 93.53
Dallas 80 $16,100 87.6 $183.79 95.78
Linn 35.70 $14,975 70.6 $212.11 93.84
Dallas 74.9 $7,534 59.5 $126.62 86.73
Allamakee 76.35 $9,600 53.4 $179.78 84.74
Shelby 152 $13,100 70.8 $185.03 96.13
Total 807.50 $15,783.4 $198.33

Planting Progress in Iowa

According to Successful Farming website, as of Sunday April 24th, the USDA report pegged corn planted at 7%, compared with 15% for the previous five-year average; 2% has emerged compared to 3% for the previous five-year average

Rain and cold has caused a major delay in planting much across Iowa, but it has relieved us of drought impact headed into summer and warmer weather. Farmers can’t seem to win when it comes to needing rain versus needing sunny warm days to get the tractor and planter out in the field. The U.S. drought monitor shows below parts of Iowa that are still severe, moderate and abnormally dry mostly in Northwest and East Central Iowa.

 

Happy National Auctioneer’s Week!

It’s the start of National Auctioneer’s Week May 1st – 7th and what better way than to meet the auctioneers at DreamDirt! Our team of auctioneers are true professionals when it comes to helping guide clients through the farmland selling journey. Not only are they also licensed real estate agents and brokers, but they also hold many other distinct and prestigious titles. Many of our auctioneers have gone through auction school, taught auctioneer classes, graduates of professional ringmen’s institue (PRI) and certified auctioneer institute (CAI) school.

Jason Smith

Jason Smith

Founder, Auctioneer, Land Broker

Jason Smith is the founder of DreamDirt and lifelong Iowan.  Jason is also a licensed real estate broker and auctioneer in multiple Midwestern states.  He has many accomplishments and awards, as well.  Additionally, Jason oversees DreamDirt’s daily operations and is the broker in charge of our Storm Lake office in Iowa.  He is an innovator in the auction industry and a very successful auctioneer. Well known for the results he has been able to obtain for his clients, he is highly referred.  Jason is a forward-thinking land salesman that has tackled many of the toughest aspects of the auction industry.  This has included focusing on removing buyer and seller stress from the auction process. Read rest of Jason’s credentials and bio here. Have a question for Jason? Reach him at 515-537-6633 or jason@dreamdirt.com 

Nicole Smith

Nicole Smith

Founder, Auctioneer, Auction Technology Specialist

Nicole, a native of Odebolt, Iowa along with her husband Jason founded DreamDirt Auction Company.  She is a graduate of Auction College and Professional Ringman’s Institute.

Nicole was a computer programmer and, believed that her husband’s career in farmland sales could be complemented with internet bidding. This was nearly a decade before the industry grasped online bidding. Nicole joined the family company full-time at the birth of their first child.  She then began to develop new ways to integrate online bidding into their farmland auctions.  Additionally, she created automated functions for farmland bidders to make their experience better.  She was the first auctioneer in the state of Iowa to take a bid for farmland over the Internet, by YEARS! Continue reading about Nicole’s experience here.

Tom Bradley

Tom Bradley

Partner, Auctioneer, Land Broker

Tom Bradley is a Partner, Agricultural Auctioneer, and Land Broker. Additionally, he is the Lead Auctioneer at DreamDirt. He is responsible for auction operations and ensuring our live and online auction teams are performing at their best. He is also a CAI designated auctioneer and licensed real estate broker, and has conducted over 1,500 auctions in his career.

Tom specializes in the marketing and sale of farm assets such as farmland, ranch land, hunting land, and farm machinery. If you need to sell Estates, Retirement Property Downsizing, Liquidation, Farmland Real Estate, or Personal Property, you’ve found the best. Tom has worked with clients in Iowa, Nebraska, Missouri, Kansas, South Dakota, North Dakota, Illinois, and Indiana! Without a doubt, he can get the job done! Read more of Tom’s story here.

Rachel Tiffany

Rachel Tiffany

Auctioneer, Land Broker, Sales Manager

Rachel is a farm girl from Dallas County, Iowa. She is also a graduate of Iowa State University, where she received a Bachelor’s in Animal Science with a minor in Agricultural Business. She is a licensed real estate salesperson and auctioneer in Iowa specializing in the sale of farm, land, and rural residential real estate. However, she also has a strong interest in valuations and appraisal of rural farmland properties. Rachel has also been a part of our support staff since 2018 and helps coordinate all of our online and live auctions. She assists our team of auctioneers and agents in every way possible to help grow and succeed at DreamDirt. Rachel enjoys communicating with our farmland sellers to make sure they are stress-free and educated on the farmland selling journey. If you have questions on how to sell farmland by auction or listing, or how to bid on our auctions – Rachel is your gal! Read the rest of her bio here. 

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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