Iowa Farmland Prices for May 2023 Recent Sales Data

Jun 6, 2023

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.

average price per acre Iowa farmland May 2023

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!

Number of acres sold at auction Iowa farmland in May 2023

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.

Iowa farmland auctions price per CSR2 May 2023
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 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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