Iowa Farmland Prices for August 2023 Recent Sales Data

Sep 5, 2023

Current Average Price Per Acre for Farmland in Iowa

Check out the table below of all the auction results from August Iowa land sales sold by auction. For the month of August, the price per acre average of land in Iowa increase to $13,257.83 per acre, compared to July’s per acre average price of $12,584. A year ago, the average price per acre was similar at $13,441.36 per acre in August of 2022. Reach out to us for an opinion on what we think your farm is worth if you are considering selling.

Aug 2023 Average price per acre

Number of Farmland Acres Sold in Iowa During August 2023

If you take a look at the graph to the right you will see an increase in farmland acres sold at auction from July to August. In July, we saw 5,192.09 acres sold at auction compared to 8,335.92 acres sold this month. If you are thinking of selling, now is the time to reach out to learn more about the process! Fill out this form to get started today and one of our auctioneers or land brokers will contact you shortly!

Aug 2023 Iowa farmland sales

Price Per CSR2 Point Iowa Farmland

The price per CSR2 point increase $7 from July and is currently at $168/CSR2 point. A year ago Price per CSR2 was $173/CSR2 point. This value is used to help calculate what your farm is worth. If you don’t know your farm’s CSR2 soil rating reach out to us for a soil map and evaluation if you are thinking of selling land in Iowa.

Aug 2023 Average price per CSR2 point
Jason J Smith

Jason J Smith

Auctioneer & Land Broker

Jason is an experienced farmland broker and auctioneer with extensive experience in farmland sales across this Midwest.  Jason has worked with hundreds of clients to create advantageous outcomes.  If you are selling land schedule a consultation with Jason by calling or using the calendar.

Phone: 515-537-6633

Iowa Farmland Sales Auction Results Aug 2023

County Total Acres Tillable Acres Price Per Tillable Acre CSR2 $ per Tillable CSR2 Price % Tillable Date
Grundy 178.4 172.02 $15,900.00 85 $187.06 $2,836,560.00 96.42 8/1/23
Polk 80 77.69 $14,000.00 76.6 $182.77 $1,120,000.00 97.11 8/1/23
Story 200 194.59 $17,700.00 88.1 $200.91 $3,540,000.00 97.30 8/1/23
Ida 152 151.32 $16,800.00 88.6 $189.62 $2,553,600.00 99.55 8/1/23
Dickinson 150.73 139.66 $16,800.00 88.33 $190.20 $2,532,264.00 92.66 8/2/23
Benton 115.5 109.29 $21,200.00 92.1 $230.18 $2,448,600.00 94.62 8/2/23
O’Brien 160 151.77 $15,400.00 94.3 $163.31 $2,464,000.00 94.86 8/4/23
O’Brien 160 152.47 $14,100.00 91.4 $154.27 $2,256,000.00 95.29 8/4/23
Cerro Gordo 120.95 115.98 $15,900.00 83.8 $189.74 $1,923,105.00 95.89 8/3/2023
Polk 31.21 29.96 $24,050.00 87.9 $273.61 $750,600.50 95.99 8/3/2023
Palo Alto 117 115.20 $14,700.00 85.4 $172.13 $1,719,900.00 98.46 8/3/2023
Van Buren 80 47.53 $8,400.00 37.4 $224.60 $672,000.00 59.41 8/8/23
O’Brien 40 23.79 $13,750.00 93 $147.85 $550,000.00 59.48 8/10/23
Shelby 37.8 23.68 $15,200.00 67.3 $225.85 $574,560.00 62.65 8/10/23
Lee 75.96 51.72 $7,900.00 56.3 $140.32 $600,084.00 68.09 8/10/23
Dubuque 73.43 51 $10,500.00 38.7 $271.32 $771,015.00 69.45 8/9/23
Van Buren 20 13.92 $9,600.00 55.4 $173.29 $192,000.00 69.60 8/8/23
Jefferson 34.67 26.76 $4,800.00 52.1 $92.13 $166,416.00 77.18 8/8/23
Van Buren 96 74.6 $9,800.00 64 $153.13 $940,800.00 77.71 8/8/23
Jefferson 79.31 65 $6,950.00 57.9 $120.03 $551,204.50 81.96 8/8/23
Clay 80.41 76.09 $10,500.00 72.8 $144.23 $844,305.00 94.63 8/8/23
Van Buren 68 64.45 $8,500.00 45.8 $185.59 $578,000.00 94.78 8/8/23
Clay 80.26 76.63 $8,900.00 70.3 $126.60 $714,314.00 95.48 8/8/23
Howard 79 75.70 $14,175.00 84.5 $167.75 $1,119,825.00 95.82 8/9/23
Floyd 150 144.30 $13,850.00 85.2 $162.56 $2,077,500.00 96.20 8/9/23
Howard 79 77 $13,775.00 86 $160.17 $1,088,225.00 97.47 8/9/23
Pocahontas 113.92 113.08 $11,400.00 83.8 $136.04 $1,298,688.00 99.26 8/10/23
Story 87 86.74 $18,800.00 88 $213.64 $1,635,600.00 99.70 8/11/23
O’Brien 179.79 179.79 $16,900.00 96.2 $175.68 $3,038,451.00 100.00 8/9/23
Story 79 79 $16,600.00 88.5 $187.57 $1,311,400.00 100.00 8/11/23
Webster 115.92 80.77 $8,600.00 81.8 $105.13 $996,912.00 69.68 8/16/23
Hardin 153 120.60 $9,500.00 79.6 $119.35 $1,453,500.00 78.82 8/18/23
O’Brien 26.27 22.14 $9,200.00 91.1 $100.99 $241,684.00 84.28 8/18/23
Marshall 124.5 111.78 $10,500.00 84.8 $123.82 $1,307,250.00 89.78 8/15/23
Osceola 149.89 138 $13,600.00 92.2 $147.51 $2,038,504.00 92.07 8/16/23
Marshall 139.6 129.33 $13,300.00 88.5 $150.28 $1,856,680.00 92.64 8/15/23
Shelby 73.221 68 $14,100.00 51.7 $272.73 $1,032,416.10 92.87 8/14/23
Chickasaw 40.82 38.22 $15,100.00 86.3 $174.97 $616,382.00 93.63 8/17/23
Chickasaw 72.64 68.35 $13,900.00 75.6 $183.86 $1,009,696.00 94.09 8/17/23
Chickasaw 121.62 114.75 $14,200.00 71.5 $198.60 $1,727,004.00 94.35 8/17/23
Chickasaw 88.72 84.25 $15,300.00 83.6 $183.01 $1,357,416.00 94.96 8/17/23
Osceola 80.8 77 $17,200.00 91.9 $187.16 $1,389,760.00 95.30 8/17/23
Shelby 102.749 98 $15,600.00 58.3 $267.58 $1,602,884.40 95.38 8/14/23
Shelby 39 38 $11,000.00 60.5 $181.82 $429,000.00 97.44 8/14/23
Webster 210 205.11 $11,500.00 81.8 $140.59 $2,415,000.00 97.67 8/16/23
Hardin 96 94.6 $14,100.00 87.3 $161.51 $1,353,600.00 98.54 8/18/23
Webster 118.34 116.84 $13,250.00 78.8 $168.15 $1,568,005.00 98.73 8/18/23
Shelby 50.499 50 $13,100.00 57.6 $227.43 $661,536.90 99.01 8/14/23
Pocahontas 71.13 71.13 $13,500.00 85.5 $157.89 $960,255.00 100.00 8/15/23
Hardin 131 136.82 $10,600.00 82.4 $128.64 $1,388,600.00 104.44 8/18/23
Muscatine 193.31 175.81 $12,600.00 79.6 $158.29 $2,435,706.00 90.95 8/23/23
Sac 76.37 72 $17,025.00 90 $189.17 $1,300,199.25 94.28 8/23/23
Sac 78.79 78.79 $18,500.00 90.1 $205.33 $1,457,615.00 100.00 8/23/23
Chickasaw 34.38 33.62 $13,200.00 87.1 $151.55 $453,816.00 97.79 8/24/23
Chickasaw 80.76 80.76 $15,600.00 80.4 $194.03 $1,259,856.00 100.00 8/24/23
Cerro Gordo 80 77.40 $13,800.00 85.4 $161.59 $1,104,000.00 96.75 8/24/23
Mahaska 168 121 $14,200.00 80.1 $177.28 $2,385,600.00 72.02 8/24/23
Tama 80 76.29 $12,500.00 86.7 $144.18 $1,000,000.00 95.36 8/25/23
Tama 80 71.57 $10,500.00 79 $132.91 $840,000.00 89.46 8/25/23
Montgomery 118.5 105.73 $5,500.00 58.5 $94.02 $651,750.00 89.22 8/25/23
Calhoun 146.56 135.63 $13,000.00 84.9 $153.12 $1,905,280.00 92.54 8/25/23
Greene 77.93 77.93 $12,100.00 69.3 $174.60 $942,953.00 100.00 8/29/23
Winneshiek 178.81 134.34 $7,750.00 40.3 $192.31 $1,385,777.50 75.13 8/29/23
Dickinson 72.76 72.76 $11,600.00 80 $145.00 $844,016.00 100.00 8/29/23
Dickinson 66.48 64.83 $11,400.00 84.4 $135.07 $757,872.00 97.52 8/29/23
Dickinson 159.86 159 $10,200.00 78.5 $129.94 $1,630,572.00 99.46 8/29/23
Bremer 85.34 81.97 $14,000.00 87.4 $160.18 $1,194,760.00 96.05 8/29/23
Mitchell 153.39 148.92 $13,800.00 84.3 $163.70 $2,116,782.00 97.09 8/30/23
Mitchell 155.16 148 $8,800.00 66.3 $132.73 $1,365,408.00 95.39 8/30/23
Clay 159.54 159.54 $18,700.00 93.8 $199.36 $2,983,398.00 100.00 8/30/23
Henry 118.5 107.84 $13,000.00 85.6 $151.87 $1,540,500.00 91.00 8/30/23
Mahaska 75.49 75.49 $14,100.00 86 $163.95 $1,064,409.00 100.00 8/30/23
Greene 36.24 34.79 $14,275.00 88.3 $161.66 $517,326.00 96.00 8/30/23
Humboldt 85.09 85.09 $14,750.00 86.1 $171.31 $1,255,077.50 100.00 8/30/23
Mitchell 155 140.60 $15,000.00 84.7 $177.10 $2,325,000.00 90.71 8/30/23
Floyd 139.74 127.10 $12,100.00 85.2 $142.02 $1,690,854.00 90.95 8/30/23
Calhoun 47.85 47.85 $13,900.00 85 $163.53 $665,115.00 100.00 8/31/23
Calhoun 42.57 37.88 $11,700.00 83.4 $140.29 $498,069.00 88.98 8/31/23
Louisa 81.04 79.5 $16,950.00 91 $186.26 $1,373,628.00 98.10 8/31/23
Louisa 75.04 70.08 $15,700.00 85.7 $183.20 $1,178,128.00 93.39 8/31/23
Louisa 80 71.13 $7,850.00 75.4 $104.11 $628,000.00 88.91 8/31/23
Sioux 69.95 67.43 $15,600.00 92.4 $168.83 $1,091,220.00 96.40 8/31/23
O’Brien 78.41 74.34 $16,700.00 95.7 $174.50 $1,309,447.00 94.81 8/31/23
8335.919 7719.43 $13,257.83 79.11 $168.75 $111,427,236.65 92.60

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.

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