Iowa Land Prices Increase 17% in 2022 – Iowa State University Survey Results
Iowa Farmland Values in 2022 Increased by 17% from 2021
The 2022 ISU Land Value Survey was presented yesterday, Tuesday, December 13th. We look forward to seeing the results from this land survey report each year. Iowa State University has been conducting this survey since 1950 for all 99 counties in Iowa. It shows a great report on land prices in Iowa and how they changed from the previous year.
According to the survey which is completed by auctioneers, real estate land agents, farm appraisers, farm managers, and more land professionals – we saw an increase of 17% or $1,660/acre increase from November 2021 to November 2022 in Iowa Land prices across the state. This means prices increased to an average of $11,411/acre which is the highest since data has been collected. This is not a surprise to us with the increase in demand for farmland high commodity prices, low supply of land on the market, strong yields, and interest in owning land in today’s economy.
Note – When interpreting the results of this land value survey, we want to point out that it is an opinion survey and not an actual measure of actual sale prices.
View the report and read more at: https://www.card.iastate.edu/farmland/isu-survey/2022/
Iowa Land Average Prices Per County
Below you will see a map from the Iowa State University Land Survey Study of the average prices of each county in Iowa.
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Jason holds Auctioneer or Land Broker licenses in Iowa, Missouri, Minnesota, Nebraska, and South Dakota. His DreamDirt team is composed of auctioneers, land brokers, and realtors. They specialize in farmland sales primarily serving the heirs to family farms all across Iowa and surrounding states. We offer risk-free selling experiences and work hard to maximize the value of our client's assets using highly effective auction methods, technology, and powerful advertising.
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There is a reason so many farm sellers have relied on DreamDirt to sell their farms. We understand Midwestern farmland prices and can spot value quickly. The proper evaluation of your assets by an appraiser is the first step and often the foundation of your decision-making when selling farmland real estate. We have developed the tools leveraging the right data on Midwest farmland prices and machinery sales to produce accurate results. Thus, we are able to pinpoint selling prices so our sellers walk away with peace of mind.
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