Iowa Farmland Prices February 18th – 24th, 2023
Iowa Farmland Prices February 18th – 24th, 2023
A total of 2,209 acres were sold in Iowa this past week. The average price per acre for the 20 land auctions was $10,053.75/acre and $145.42/CSR2 point. Learn more about CSR2.
Top Selling Farms in Iowa
This week’s top-selling farm was 119.03 acres in Dubuque County, IA which sold on February 21st. The farm was located South of Dubuque, Iowa and sold for $17,850/acre. This farm had a 73.1 CSR2 resulting in a $244.19/CSR2 point by live and online auction. Tract two was runner-up selling at $15,750/acre which included an older two story farmhouse, outbuildings, barns, grain bins and 42.54 acres.
The next highest-selling farm went to Palo Alto County, Iowa. This 130-acre 95% tillable farm sold for $15,100/acre located South of West Bend, IA has a 75.6 CSR2 which totals $199.74/CSR2. This farm was sold by a live auction and online auction at the West Bend Golf and Country Club on February 22nd.
The third high-selling farm goes to Benton County, Iowa located North of Newhall, Iowa. The auction took place on February 23rd at the Newhall Main Park Pavilion Community Center. 244.05 acres sold for $14,100/acre. This farm has an 87.3 CSR2 rating resulting in a $161.51/CSR2 point.
Check out the table below to see results from all farmland auctions in Iowa this week.
Farmland Appraisal for Iowa Land
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Farmland For Sale in Iowa
We have farmland auctions coming up in Iowa! Check them out at bid.dreamdirt.com
Farmland and Acreage Auction in Ida County, IA
98.57 Acres Farmland in Madison County, IA
180.83 Acres Farmland in Adair County, IA
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 Iowa and surrounding states. 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
Iowa Current Farmland Prices Per Acre
| Date | County | Total Acres | Tillable Acres | Price Per Tillable Acre | CSR2 | $ per Tillable CSR2 | Price | % Tillable |
|---|---|---|---|---|---|---|---|---|
| 2/21/23 | Dubuque | 119.03 | 113 | $17,850.00 | 73.1 | $244.19 | $2,017,050.00 | 94.93 |
| 2/21/23 | Dubuque | 42.54 | 31 | $15,750.00 | 62.3 | $252.81 | $488,250.00 | 72.87 |
| 2/22/23 | Harrison | 75.69 | 75.69 | $9,750.00 | 65.6 | $148.63 | $737,977.50 | 100.00 |
| 2/22/23 | Harrison | 209.60 | 209.60 | $7,425.00 | 58.6 | $126.71 | $1,556,280.00 | 100.00 |
| 2/22/23 | Harrison | 10.71 | 10 | $8,000.00 | 82.8 | $96.62 | $80,000.00 | 93.37 |
| 2/22/23 | Harrison | 11 | 7 | $8,050.00 | 83.7 | $96.18 | $56,350.00 | 63.64 |
| 2/22/23 | Benton | 224.05 | 213.42 | $14,100.00 | 87.3 | $161.51 | $3,009,222.00 | 95.26 |
| 2/22/23 | Tama | 122.25 | 117.41 | $13,700.00 | 80.8 | $169.55 | $1,608,517.00 | 96.04 |
| 2/22/23 | Crawford | 39.88 | 39.29 | $11,750.00 | 60 | $195.83 | $461,657.50 | 98.52 |
| 2/22/23 | Crawford | 52.47 | 45.7 | $9,000.00 | 57.6 | $156.25 | $411,300.00 | 87.10 |
| 2/22/23 | Boone | 71.72 | 71.72 | $13,600.00 | 75.8 | $179.42 | $975,392.00 | 100.00 |
| 2/22/23 | Palo Alto | 130 | 123.3 | $15,100.00 | 75.6 | $199.74 | $1,861,830.00 | 94.85 |
| 2/24/23 | Fremont | 171.77 | 158.6 | $9,100.00 | 79.5 | $114.47 | $1,443,260.00 | 92.33 |
| 2/24/23 | Fremont | 173.69 | 146.6 | $0.00 | 76.6 | $0.00 | $0.00 | 84.40 |
| 2/24/23 | Hardin | 160 | 144.95 | $11,600.00 | 84.2 | $137.77 | $1,681,420.00 | 90.59 |
| 2/24/23 | Wayne | 155.22 | 143.96 | $7,100.00 | 49.8 | $142.57 | $1,022,116.00 | 92.75 |
| 2/24/23 | Wayne | 29.33 | 21.71 | $6,900.00 | 53.5 | $128.97 | $149,799.00 | 74.02 |
| 2/24/23 | Crawford | 110 | 74.29 | $7,850.00 | 63.8 | $123.04 | $583,176.50 | 67.54 |
| 2/24/23 | Cass | 240 | 144.28 | $5,400.00 | 51 | $105.88 | $779,112.00 | 60.12 |
| 2/24/23 | Keokuk | 60 | 51.43 | $9,050.00 | 70.6 | $128.19 | $465,441.50 | 85.72 |
| TOTALS | 2208.95 | 1942.95 | $10,053.75 | 69.61 | $145.42 | $19,388,151.00 | 87.96 |
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
Iowa Land Prices at A Glance For people who wish to visualize and research Iowa farmland prices, our heat maps have been a huge help. Here you can research your farm’s proximity or the statewide market and see individual sale results. This includes 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.
Request a Free Valuation for Your Farm or Land Property. You can request a FREE Market Analysis whether you’re ready to sell or just curious! Our goal is to help you reach the top of the market when selling land in the Midwest.
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