Iowa Farmland Prices for May 2023 Recent Sales Data
Current Average Price Per Acre for Farmland in Iowa
Check out the table below of all the auction results from May Iowa land sales. For the month of May, the price per acre average of land in Iowa is $12,222 per acre, compared to April’s per acre average price of $12,563.64. A year ago, the average price per acre was higher at $13,623.18 per acre in May of 2022. Reach out to us for an opinion on what we think your farm is worth if you are considering selling.
Number of Acres Sold in Iowa During May 2023
If you take a look at the graph to the right you will see a slight increase in farmland acres sold at auction from April to May. In May we saw 3,234.5 acres sold at auction compared to 2,633.97 acres sold in April. Farmland sales tend to slow down in April and May but pick back up throughout the summer leading into Fall. 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!
Price Per CSR2 Point Iowa Farmland
The price per CSR2 point decreased $4.11 from April and is currently at $168.91/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.
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 Email: [email protected]
Iowa Farmland Sales Auction Results May 2023
| County | Total Acres | Tillable Acres | Price Per Tillable Acre | CSR2 | $ per Tillable CSR2 | Price | % Tillable | Date |
|---|---|---|---|---|---|---|---|---|
| Muscatine | 153.42 | 145.06 | $12,941.00 | 84.7 | $152.79 | $1,877,221.46 | 94.55 | 5/3/23 |
| Keokuk | 118 | 103.57 | $10,800.00 | 64.8 | $166.67 | $1,118,556.00 | 87.77 | 5/5/23 |
| Keokuk | 51 | 27.14 | $6,195.00 | 54.6 | $113.46 | $315,945.00 | 53.22 | 5/10/23 |
| Clinton | 71.24 | 66.11 | $8,800.00 | 49.5 | $177.78 | $626,912.00 | 92.80 | 5/11/23 |
| Clinton | 79.52 | 67.88 | $7,650.00 | 46.1 | $165.94 | $608,328.00 | 85.36 | 5/11/23 |
| Clinton | 57.17 | 46.9 | $5,700.00 | 39.4 | $144.67 | $325,869.00 | 82.04 | 5/16/23 |
| Clinton | 22.59 | 18.5 | $8,000.00 | 38.6 | $207.25 | $180,720.00 | 81.89 | 5/16/23 |
| Clay | 80 | 78 | $7,800.00 | 68.7 | $113.54 | $624,000.00 | 97.50 | 5/17/23 |
| Clay | 80 | 79 | $8,750.00 | 73.1 | $119.70 | $700,000.00 | 98.75 | 5/17/23 |
| Cherokee | 77.12 | 73.58 | $14,100.00 | 87.3 | $161.51 | $1,087,392.00 | 95.41 | 5/19/23 |
| Cherokee | 78 | 70.17 | $11,700.00 | 83.3 | $140.46 | $912,600.00 | 89.96 | 5/19/23 |
| Cherokee | 146.27 | 126 | $13,600.00 | 80.2 | $169.58 | $1,989,272.00 | 86.14 | 5/19/23 |
| Clay | 160 | 149.8 | $13,700.00 | 86.2 | $158.93 | $2,192,000.00 | 93.63 | 5/25/23 |
| Dickinson | 72.79 | 69.35 | $12,200.00 | 84.8 | $143.87 | $888,038.00 | 95.27 | 5/24/23 |
| Dickinson | 68.8 | 66.21 | $12,100.00 | 72.6 | $166.67 | $832,480.00 | 96.24 | 5/24/23 |
| Dickinson | 67.67 | 65.40 | $13,000.00 | 87.1 | $149.25 | $879,710.00 | 96.65 | 5/24/23 |
| Greene | 80 | 77.16 | $16,500.00 | 87.7 | $188.14 | $1,320,000.00 | 96.45 | 5/26/23 |
| Greene | 80 | 78.79 | $17,550.00 | 87.9 | $199.66 | $1,404,000.00 | 98.49 | 5/26/23 |
| Grundy | 180 | 147.1 | $9,700.00 | 83.1 | $116.73 | $1,746,000.00 | 81.72 | 5/25/23 |
| Harrison | 158 | 134.04 | $10,600.00 | 59.9 | $176.96 | $1,674,800.00 | 84.84 | 5/26/23 |
| Harrison | 119 | 109.77 | $11,250.00 | 69.3 | $162.34 | $1,338,750.00 | 92.24 | 5/26/23 |
| Harrison | 74.15 | 73.38 | $15,500.00 | 74 | $209.46 | $1,149,325.00 | 98.96 | 5/26/23 |
| Jasper | 33.27 | 21.97 | $11,100.00 | 61.1 | $181.67 | $369,297.00 | 66.04 | 5/25/23 |
| Jasper | 79.46 | 63.43 | $5,600.00 | 76.6 | $73.11 | $444,976.00 | 79.83 | 5/25/23 |
| Jasper | 59.9 | 53.08 | $13,400.00 | 74.2 | $180.59 | $802,660.00 | 88.61 | 5/25/23 |
| Jasper | 40 | 35.76 | $13,600.00 | 87 | $156.32 | $544,000.00 | 89.40 | 5/25/23 |
| Jasper | 156.66 | 142.02 | $7,500.00 | 71.7 | $104.60 | $1,174,950.00 | 90.65 | 5/25/23 |
| Jasper | 30.87 | 28.51 | $13,600.00 | 89.5 | $151.96 | $419,832.00 | 92.36 | 5/25/23 |
| Jasper | 99.46 | 96.79 | $12,700.00 | 83.3 | $152.46 | $1,263,142.00 | 97.32 | 5/25/23 |
| Jasper | 124.31 | 121.67 | $11,500.00 | 74.1 | $155.20 | $1,429,565.00 | 97.88 | 5/25/23 |
| Jasper | 103.74 | 103.74 | $9,800.00 | 70.6 | $138.81 | $1,016,652.00 | 100.00 | 5/25/23 |
| Plymouth | 18 | 17.30 | $29,000.00 | 88.1 | $329.17 | $522,000.00 | 96.11 | 5/20/23 |
| Plymouth | 96.33 | 94.16 | $25,000.00 | 92.7 | $269.69 | $2,408,250.00 | 97.75 | 5/26/23 |
| Story | 76.82 | 74.12 | $18,700.00 | 78.2 | $239.13 | $1,436,534.00 | 96.49 | 5/30/23 |
| Harrison | 146.69 | 133.1 | $9,700.00 | 55.8 | $173.84 | $1,422,893.00 | 90.74 | 5/31/23 |
| Harrison | 25.4 | 17.5 | $11,100.00 | 41.9 | $264.92 | $281,940.00 | 68.90 | 5/31/23 |
| Palo Alto | 33.09 | 31.75 | $16,400.00 | 71 | $230.99 | $542,676.00 | 95.95 | 5/31/23 |
| Palo Alto | 35.76 | 32 | $7,600.00 | 68.5 | $110.95 | $271,776.00 | 89.49 | 5/31/23 |
| STATEWIDE TOTALS | 3234.5 | 2939.81 | $12,222.00 | 72.29 | $168.91 | $38,143,061.46 | 90.89 |
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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