Iowa Land Prices August 20th – 26th, 2022
Iowa Farmland Prices August 20th – 26th
There was a total of 25 tillable farmland auctions that happened this week in Iowa. A total of 2,404.56 acres were sold. The average price per acre for the 25 auctions is $12,899.52/acre and $170.56/CSR2 point.
219.18 acres in Ida County, Iowa is the top selling farm this week selling at $23,400/acre sale on Thursday, August 25th. This farm is located on HWY 20 East of Holstein, IA. According to Iowa State University, the Land Value Survey which was released in December of 2021 Average Farmland Value (Price Per Acre) for Ida County was $11,210. Will be curious what the survey shows at the end of this year for prices per acre.
The second highest selling farm is in Jasper County with 120 acres sold at $17,100/acre sale or $204.55/CSR2. There were 3 tracts altogether that sold by auction and tract 1 sold for the highest. Tract 2 sold for $14,300/acre and Tract 3 sold for $10,700/acre. Differences in tract prices were due most likely to the CSR2 values of the farm and the number of tillable acres. This farm is located Southwest of Lynnville, Iowa.
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
| County | Total Acres | Price Per Acre | CSR2 | $ per CSR2 |
|---|---|---|---|---|
| Webster | 79 | $14,000.00 | 81.9 | $170.94 |
| Clinton | 120 | $14,100.00 | 77.2 | $182.64 |
| Buchanan | 158.02 | $9,300.00 | 85.9 | $108.27 |
| Buchanan | 37.25 | $7,600.00 | 85.8 | $88.58 |
| Ida | 157.34 | $10,000.00 | 61.8 | $161.81 |
| Ida | 78 | $9,800.00 | 63.5 | $154.33 |
| Decatur | 80 | $2,646.00 | 28.3 | $93.50 |
| Butler | 35.86 | $12,200.00 | 75.8 | $160.95 |
| O’Brien | 31.39 | $17,000.00 | 89.3 | $190.37 |
| O’Brien | 108.74 | $16,000.00 | 76 | $210.53 |
| O’Brien | 120.06 | $13,100.00 | 89.2 | $146.86 |
| Chickasaw | 141 | $9,242.00 | 77 | $120.03 |
| Fayette | 70 | $13,500.00 | 77 | $175.32 |
| Marion | 125.78 | $11,500.00 | 73.2 | $157.10 |
| Ida | 219.18 | $23,400.00 | 93.2 | $251.07 |
| Dubuque | 15.26 | $16,100.00 | 73 | $220.55 |
| Dubuque | 113.57 | $14,600.00 | 62.4 | $233.97 |
| Hardin | 40 | $15,300.00 | 88.2 | $173.47 |
| Guthrie | 120 | $16,000.00 | 80.2 | $199.50 |
| Jasper | 120 | $17,100.00 | 83.6 | $204.55 |
| Jasper | 120 | $14,300.00 | 74.2 | $192.72 |
| Jasper | 35 | $10,700.00 | 53.1 | $201.51 |
| Linn | 69.96 | $11,100.00 | 60.2 | $184.39 |
| Ida | 118.71 | $10,400.00 | 85.3 | $121.92 |
| Ida | 90.44 | $13,500.00 | 84.8 | $159.20 |
| STATEWIDE TOTALS | 2404.56 | $12,899.52 | 75.20 | $170.56 |
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.com | Phone: (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.
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