Iowa Land Prices March 11-17th, 2023
Iowa Farmland Prices March 11th – 17th, 2023
A total of 2,394.71 acres were sold in Iowa this past week. The average price per acre for the 23 land auctions was $12,214/acre and $156.50/CSR2 point. Learn more about CSR2.
Top Selling Farms in Iowa
This week’s top-selling farm was 71.25 acres in Chickasaw County, IA which sold on March 14th. The farm was located East of New Hampton, Iowa, and sold for $20,000/acre. This farm had an 89 CSR2 resulting in a $2224.72/CSR2 point.
The next highest-selling farm went to Chickasaw County, Iowa. This 158-acre 99% tillable farm sold for $17,000/acre located East of New Hampton, Iowa has an 85.8 CSR2 which totals $198/CSR2. This farm was sold by a live auction and online auction on March 14th.
The third high-selling farm goes to Webster County, Iowa located North of Otho, Iowa. The auction took place on March 17th. This 45.52-acre farm sold for $16,100/acre. This farm has an 87.5 CSR2 rating resulting in a $184/CSR2 point.
Check out the table below to see results from all farmland auctions in Iowa this week.
Farmland Appraisal for Iowa Land
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Farmland For Sale in Iowa
We have farmland auctions coming up in Iowa! Check them out at bid.dreamdirt.com
49 acres Farmland in Wayne County, IA
180.83 Acres Farmland in Adair County, IA
156.4 Acres Farmland in Plymouth County, IA
Jason Smith
Auctioneer, Land Broker, Founder
Jason holds Auctioneer or Land Broker licenses in Iowa, Missouri, Minnesota, Nebraska, and South Dakota. His DreamDirt team is comprised 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.
Email: [email protected] | Phone: (515) 537-6633
Iowa Current Farmland Prices Per Acre
| Date | County | Total Acres | Tillable Acres | Price Per Tillable Acre | CSR2 | $ per Tillable CSR2 | Price | % Tillable |
|---|---|---|---|---|---|---|---|---|
| 3/11/23 | Cass | 151 | 142.89 | $12,900.00 | 70.4 | $183.24 | $1,843,281.00 | 94.63 |
| 3/14/23 | Appanoose | 147 | 122.96 | $6,650.00 | 65.2 | $101.99 | $817,684.00 | 83.65 |
| 3/14/23 | Appanoose | 139 | 95.93 | $6,750.00 | 69.8 | $96.70 | $647,527.50 | 69.01 |
| 3/14/23 | Appanoose | 114 | 99.34 | $7,650.00 | 62.5 | $122.40 | $759,951.00 | 87.14 |
| 3/14/23 | Appanoose | 97 | 82.43 | $7,950.00 | 66.1 | $120.27 | $655,318.50 | 84.98 |
| 3/14/23 | Chickasaw | 151.7 | 143.29 | $14,100.00 | 74.2 | $190.03 | $2,020,389.00 | 94.46 |
| 3/14/23 | Chickasaw | 71.25 | 69.98 | $20,000.00 | 89 | $224.72 | $1,399,600.00 | 98.22 |
| 3/14/23 | Chickasaw | 158 | 156.41 | $17,000.00 | 85.8 | $198.14 | $2,658,970.00 | 98.99 |
| 3/15/23 | Henry | 17.45 | 0 | $4,699.00 | 40.2 | $116.89 | $0.00 | 0.00 |
| 3/15/23 | Lee | 19.41 | 17 | $10,600.00 | 77.5 | $136.77 | $180,200.00 | 87.58 |
| 3/15/23 | Lee | 28 | 27.79 | $10,600.00 | 77.5 | $136.77 | $294,574.00 | 99.25 |
| 3/15/23 | Lee | 91.5 | 81.14 | $8,500.00 | 51.9 | $163.78 | $689,690.00 | 88.68 |
| 3/15/23 | Dcickinson | 79.9 | 75.38 | $14,200.00 | 85.1 | $166.86 | $1,070,396.00 | 94.34 |
| 3/15/23 | Dickinson | 228.2 | 217.9 | $14,000.00 | 84.1 | $166.47 | $3,050,600.00 | 95.49 |
| 3/15/23 | Greene | 160 | 157.45 | $14,200.00 | 88.1 | $161.18 | $2,235,790.00 | 98.41 |
| 3/15/23 | Greene | 160 | 152.9 | $11,100.00 | 80.9 | $137.21 | $1,697,190.00 | 95.56 |
| 3/15/23 | Greene | 120 | 117 | $12,100.00 | 83.3 | $145.26 | $1,415,700.00 | 97.50 |
| 3/15/23 | Greene | 80 | 77 | $14,300.00 | 87 | $164.37 | $1,101,100.00 | 96.25 |
| 3/15/23 | Greene | 120 | 118 | $14,000.00 | 87.7 | $159.64 | $1,652,000.00 | 98.33 |
| 3/15/23 | Madison | 98.57 | 98.57 | $13,900.00 | 81.2 | $171.18 | $1,370,123.00 | 100.00 |
| 3/17/23 | Greene | 42.14 | 42 | $14,130.00 | 87.9 | $160.75 | $593,460.00 | 99.67 |
| 3/17/23 | Webster | 45.52 | 45.52 | $16,100.00 | 87.5 | $184.00 | $732,872.00 | 100.00 |
| 3/17/23 | Webster | 75.07 | 75.07 | $15,500.00 | 81.2 | $190.89 | $1,163,585.00 | 100.00 |
| TOTALS | 2394.71 | 2215.95 | $12,214.30 | 76.70 | $156.50 | $28,050,001.00 | 92.54 |
Rachel Tiffany
Farmland Auctioneer | Land Broker
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: [email protected] | Phone: (515) 954-8063
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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