Iowa Farmland Prices Auction Results February 2018
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 the current land market in Iowa for land being sold at auctions.
Email: Jason@dreamdirt.com | Phone: (515) 537-6633
Iowa Farmland Auction Price Report – Week 7 2018
Week 7 is in the books for 2018 Iowa farmland auctions and we’ve added another week to our trendline. $14.6 Million dollars of farmland traded hands in Iowa last week with an average price of $7387 per acre. Once agin this week treated sellers of farmland across the state very well. There were 3 notable farmland auctions producing over $10,000 per acre with a tract selling in Benton County for $14,300, Plymouth County at $11,150 and $11,450 as well as Clinton County with a quarter selling for $10,800 per acre.
Average Farmland Prices In Iowa
The average farmland values and auction results didn’t look a whole lot different than last week with the dollars per CSR2 point coming in at $95.07 for the week and the average per acre price at $7387. Both were slightly down from the previous week but nearly dead even. Measured over a short period of time from week to week you’ll see more of a trend each week. So far in the 7 weeks of 2918 we have measured the highest per acre price was in week 4 with $8841 per acre and $114,40 per CSR2 point.
Farmland Sales In Iowa
This was the highest volume week of 2018 so far which really isn’t say much, farmland sales continue to be very low. This week 2084.76 acres sold and 90.54% of them or 1887.63 of them were tillable farmland. The continued low volume will ensure good results for sellers of tillable farmland that is good quality in most areas and most situations. We do continue to see areas where multiple auctions have already occurred that its obvious supply is a little ahead of demand. As more sales occur drawing capital out of a local area the results tend to show that pressure. The majority of farms being sold today are being sold to farmers, around 80%. Investors looking to purchase farms in Iowa should watch these areas where multiple auctions occur in close time proximity to narrow down places they can be successful at their price points and margin. There are also a fair number of farmers looking for leaseback sales right now and if that is something that interests you please contact us as we have quite a few requests for investor buyers right now.
Insuring good results for your good quality farm today really means that your exposure needs to be very thorough and across all channels of communication to ensure as much competition as possible for the farm. If you are thinking of selling a farm DreamDirt can help you find the top of the market on your farm. There are many considerations before selling a farm and we can help guide you through the process. You’ll find that our system is very simple for you and capable of reaching the right people very fast. We know you’ll have many questions but let us help you put your mind at ease. You can contact me directly Auctioneer Jason Smith 712-592-8965 or send me a request to help you value your farm. Get a Free Farmland Market Analysis
Farmland Price Results By Auction And County
|County||Total Acres||Tillable Acres||Price Per Tillable||CSR2||$ per Tillable CSR2||Total Price|
Featured Iowa Farmland Auction
Join us on February 22nd at Sioux County Iowa for a fantastic tillable farm with 92 CSR2. This farm is absolutely top shelf, high quality tillable farmland. Located just 2.5 miles from Boyden Iowa this farm is sure to add something to every farms production capacity or investment portfolio. We will have live bidding and online bidding starting at 10AM. Its easy to register and join from afar even if you can not be in person at the auction. Auctioneers Jason Smith and Tom Bradley 712-592-8965
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.
Farmland For Sale Adair County, IowaSellers: Gary Meyer, Judith Meyer, and Diane Darling Auctioneers: Jason Smith 515-537-6633 and Rachel Tiffany 515-954-8063 Location: Bridgewater, Iowa Land Auction Details in Adair CountyThis farm is located on Highway 92 and has...
Recent Land Sales in Iowa 1,411.56 acres of farmland sold last week with an average of $13,160.33/acre or $168.88/CSR2. This seems to be the trend for the past month. We write farmland price blogs every week and you can check out our July Farmland Price Report blog...
Iowa Farmland Prices July 23rd - 31st Before we discuss monthly results for farmland prices, we need to cover the last week of July's data and top-selling farms. From the table below, you will see that there are 13 auction results and a total of 1,904 acres of...