Iowa Farmland Prices August 27th – Sept 2nd

Before we discuss monthly results for farmland prices, we need to cover the last week of August’s data and top-selling farms. From the table below, you will see that there are 29 land auction results and a total of 3,344.86 acres of farmland sold in Iowa from August 27th through September 2nd. The average price per acre of farmland from these land auction results is $12,684.52/acre and $171/CSR2 point for 80% or more tillable farms in Iowa.

Top Selling Farmland Auctions in Iowa Sioux County $26,000/acre

During the last week of August, Sioux County, IA was the highest selling farm with 80.29 acres selling at $26,000/acre. Runner-up went to 33.83 acres in Dubuque County, IA that sold for $23,200/acre by the auction method and had a 66.2 CSR2 which totals $350.45/CSR2. The third place goes to Ida County, IA 240 acres sold for $21,000/acre on both tracts of 200 acres and 40 acres.

Jason Smith

Jason Smith

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 Iowa's current land market for land sold at auctions.

Email: Jason@dreamdirt.com | Phone: (515) 537-6633

Number of Acres Sold in Iowa During August 2022

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. We are rolling into a busy time of harvest and land auctions! There are several upcoming auctions in September and many more to be added from October – December. In August, we saw 1,0344.14 acres sold by auction. We expect this Fall/Winter to be a busy time for farmland auctions and listings. 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! 

Average Price Per Acre Land in Iowa

For the month of August, the price per acre average is $13,257.46 which is more than the average price in July. The average price per acre a year ago was $12,204.27 in August of 2021. Will land prices continue to rise for the rest of the year? Reach out to us to get an opinion on what we think your farm is worth if you are thinking of selling. 
mailbox and rain gauge in iowa farm field

Price Per CSR2 Point Iowa Farmland

The price per CSR2 point increased from July and is currently at $170.67/CSR2 point. Last August it was $153.57/CSR2. 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. 
farm real estate mortgage rates
County Total Acres Price Per Tillable Acre CSR2 $ per Tillable CSR2
Hancock 156 $13,600.00 73.5 $185.03
Hancock 79 $8,600.00 58.4 $147.26
Ida 40 $21,000.00 93.5 $224.60
Ida 200 $21,000.00 86.9 $241.66
Woodbury 35.45 $15,000.00 48 $312.50
Mahaska 116.95 $6,200.00 69.4 $89.34
Bremer 38.93 $13,250.00 80.9 $163.78
Cerro Gordo 227.1 $12,400.00 83.5 $148.50
Kossuth 166 $15,100.00 76.9 $196.36
Jasper 152.5 $6,100.00 58.6 $104.10
Dubuque 33.83 $23,200.00 66.2 $350.45
Sioux 80.29 $26,000.00 91.3 $284.78
Sioux 151.59 $20,100.00 90.5 $222.10
Shelby 156.1 $16,100.00 68.7 $234.35
Worth 149.81 $12,600.00 66.7 $188.91
Des Moines 100.3 $8,973.00 86.7 $103.49
Benton 81.4 $13,500.00 84.4 $159.95
Benton 87.98 $11,500.00 80.7 $142.50
Kossuth 151 $15,578.00 85.8 $181.56
Page 141.76 $11,300.00 77.4 $145.99
Page 98.37 $10,200.00 76 $134.21
Page 155.29 $9,750.00 72.6 $134.30
Page 77.27 $8,700.00 71.5 $121.68
Page County 77.16 $8,500.00 74.7 $113.79
Page 181.2 $7,550.00 72.1 $104.72
Worth 182 $3,950.00 28 $141.07
Mills 120 $9,300.00 81.3 $114.39
Mills 30.64 $12,100.00 70.4 $171.88
Mills 76.94 $6,700.00 69.8 $95.99
STATEWIDE TOTALS 3344.86 $12,684.52 73.94 $171.01
Rachel Tiffany

Rachel Tiffany

Farmland Auctioneer and Agent

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.comPhone: (515) 954-8063

Iowa Land Prices at A Glance

Our Iowa Farmland Price Heat Maps have been a huge help for people that want to visualize and research farmland prices in Iowa.  Here you can research your farm’s proximity or the statewide market and see individual sale results, 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

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.

Iowa Land Prices September 17th – 23rd, 2022

Iowa Land Prices September 17th – 23rd, 2022

Iowa Farmland Prices September 17th - 23rd, 2022 There was a total of 29 tillable farmland auctions that happened this week in Iowa. A total of 4,135.82 acres were sold. The average price per acre for the 29 auctions is $14,031/acre and $176.64/CSR2 point. Learn more...

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Iowa Land Prices Auction Results September 3rd – 9th, 2022

Iowa Land Prices Auction Results September 3rd – 9th, 2022

Iowa Farmland Prices September 3rd - 9th, 2022 There was a total of 18 tillable farmland auctions that happened this week in Iowa. A total of 2,511.96 acres were sold. The average price per acre for the 18 auctions is $11,831/acre and $155.19/CSR2 point. Top Selling...

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