Iowa’s November Farmland Sales Summary
Jason Smith
CAI Auctioneer, Land Broker
Founder, Auctioneer, Broker, and Agent at DreamDirt, Jason Smith is a lead farm real estate professional in the Midwest. He has achieved the pinnacle of auction education earning the CAI designation and is one of only 11 CAI auctioneers in Iowa. Jason graduated from the World Wide College of Auctioneering, and has achieved the PRI designation from the Professional Ringmen Institute. Jason and his wife founded DreamDirt in 2005, and the company continues to be a leader in the farm auction space and prides itself in offering extensive land seller and buyer information.
Email: jason@dreamdirt.com | Phone: (515) 537-6633
Iowa Farmland Sales Volume For 80% Tillable Farms
Farmland Prices In Iowa For November, 2018
Auctioneers were busy selling farmland in November, there was significant volume of sales in November which is very typical for this time of year. November is a popular month for farmland sales as are December through February. This months Iowa Farmland Prices report will walk you through the results of farmland auctions for 80% tillable farms that sold across the state of Iowa.
Average Price Per CSR2 Point For Iowa Farmland
This month we saw an improvement in the dollars per csr2 point across all farmland sales from the October report. In November the average dollars per CSR2 point was $109.10 per point.
Average Price Per Acre Of Tillable Farmland In Iowa
The average value of an acre of farmland in Iowa in November 2018 was $8334 based on the actual results of the auctions conducted across the state. This was up from last months report slightly. As farmland prices have softened across the state of Iowa its been somewhat difficult to interpert the results as they move up and down each month, to us in indicates some indecision among buyers but digging into the data seems to suggest that when a higher concentration of high quality farms are offered for sale it can make the results appear as if land prices are increasing rather than decreasing. Certain situations lend themselves to lower farmland prices and that has alot to do with the volume of land that has been offered in one particular area. Some townships that experience 3 or 4 or more sales in close proximity seem to be the most prone to showing a softer result, but we are still seeing areas producing top of the market results where fewer farms have sold or there are larger concentrations of livestock.
Selling Farmland In Iowa
If you are considering selling farmland in Iowa we can help you learn what your farm is worth and what it will take to sell it. We have the data and the expertise to offer you professional guidance in the sale of your farmland. You can call us at 515-537-6633 or click the link below to learn more.
November 2018 Average Price Per Acre Of Farmland
Iowa Farmland Prices – 12 Month Rolling Summary
Iowa Farmland Prices Year To Date Summary
Iowa Farmland Sales Report For November 2018 – 80% Tillable Farms
| STATEWIDE TOTALS | 12743.01 | 12080 | $8,334.31 | 75.05 | $109.10 | $102,803,956.69 | 94.80 |
| County | Total Acres | Tillable Acres | Price Per Tillable Acre | CSR2 | $ per Tillable CSR2 | Price | % Tillable |
| Marion | 87.27 | 86.1 | $6,500.00 | 67.2 | $96.73 | $567,255.00 | 98.66 |
| Ringgold | 105.31 | 103.4 | $7,050.00 | 78.1 | $90.27 | $742,435.50 | 98.19 |
| Taylor | 168.72 | 147.11 | $4,950.00 | 71.7 | $69.04 | $835,164.00 | 87.19 |
| Clay | 32.13 | 28.7 | $6,200.00 | 56.1 | $110.52 | $199,206.00 | 89.32 |
| Clay | 40 | 39 | $8,400.00 | 88.1 | $95.35 | $336,000.00 | 97.50 |
| Clay | 82.26 | 67.25 | $5,050.00 | 55.3 | $91.32 | $415,413.00 | 81.75 |
| Clay | 35.35 | 31.6 | $2,200.00 | 39.3 | $55.98 | $77,770.00 | 89.39 |
| Jefferson | 154.19 | 134 | $5,100.00 | 39.3 | $129.77 | $786,369.00 | 86.91 |
| Jefferson | 161.23 | 131 | $5,100.00 | 63.90 | $79.81 | $822,273.00 | 81.25 |
| Hancock | 59.02 | 58.37 | $9,100.00 | 78.90 | $115.34 | $537,082.00 | 98.90 |
| Humboldt | 166.05 | 166.05 | $7,200.00 | 85.50 | $84.21 | $1,195,560.00 | 100.00 |
| Crawford | 77 | 77.93 | $6,000.00 | 58.40 | $102.74 | $462,000.00 | 101.21 |
| Jones | 119 | 102.4 | $3,500.00 | 43.40 | $80.65 | $416,500.00 | 86.05 |
| Marshall | 160 | 151.6 | $8,469.00 | 78.10 | $108.44 | $1,355,040.00 | 94.75 |
| Sioux | 148.99 | 148.62 | $13,600.00 | 88.10 | $154.37 | $2,026,264.00 | 99.75 |
| Buena Vista | 80 | 79 | $8,500.00 | 86.50 | $98.27 | $680,000.00 | 98.75 |
| Cherokee | 81.33 | 79.8 | $13,700.00 | 92.00 | $148.91 | $1,114,221.00 | 98.12 |
| Cherokee | 81.56 | 80.03 | $14,700.00 | 95.60 | $153.77 | $1,198,932.00 | 98.12 |
| Wright | 158 | 157.7 | $9,601.00 | 85.00 | $112.95 | $1,516,958.00 | 99.81 |
| Washington | 67.4 | 67 | $6,350.00 | 57.20 | $111.01 | $427,990.00 | 99.41 |
| Henry | 100.19 | 97.64 | $11,200.00 | 86.50 | $129.48 | $1,122,128.00 | 97.45 |
| Emmet | 96 | 96 | $7,000.00 | 83.90 | $83.43 | $672,000.00 | 100.00 |
| Emmet | 40 | 36.98 | $8,000.00 | 74.10 | $107.96 | $320,000.00 | 92.45 |
| Palo Alto | 80 | 77.85 | $9,500.00 | 86.20 | $110.21 | $760,000.00 | 97.31 |
| Carroll | 211.88 | 194.27 | $9,600.00 | 71.20 | $134.83 | $2,034,048.00 | 91.69 |
| Tama | 100 | 95.28 | $10,000.00 | 94.10 | $106.27 | $1,000,000.00 | 95.28 |
| Clay | 230 | 225.8 | $7,900.00 | 70.00 | $112.86 | $1,817,000.00 | 98.17 |
| Clay | 76.2 | 74.82 | $6,700.00 | 81.50 | $82.21 | $510,540.00 | 98.19 |
| Clay | 80 | 78.38 | $4,250.00 | 55.10 | $77.13 | $340,000.00 | 97.98 |
| Des Moines | 120.23 | 113.50 | $6,575.00 | 69.10 | $95.15 | $790,512.25 | 94.40 |
| Sac | 174.11 | 166.09 | $9,325.00 | 88.70 | $105.13 | $1,623,575.75 | 95.39 |
| Wright | 80 | 77.61 | $9,500.00 | 85.40 | $111.24 | $760,000.00 | 97.01 |
| Wright | 76.2 | 73.94 | $9,800.00 | 84.30 | $116.25 | $746,760.00 | 97.03 |
| Adams | 150 | 133.59 | $4,600.00 | 63.9 | $71.99 | $690,000.00 | 89.06 |
| Cass | 221 | 183.73 | $3,400.00 | 55.1 | $61.71 | $751,400.00 | 83.14 |
| Sioux | 40.39 | 39 | $14,000.00 | 73.1 | $191.52 | $565,460.00 | 96.56 |
| Plymouth | 80 | 75.43 | $9,400.00 | 59.5 | $157.98 | $752,000.00 | 94.29 |
| Boone | 120 | 115.87 | $8,650.00 | 83.8 | $103.22 | $1,038,000.00 | 96.56 |
| Boone | 117 | 117 | $7,700.00 | 78.6 | $97.96 | $900,900.00 | 100.00 |
| Iowa | 76.5 | 65.21 | $4,900.00 | 64.8 | $75.62 | $374,850.00 | 85.24 |
| Iowa | 128.5 | 123.4 | $4,450.00 | 49 | $90.82 | $571,825.00 | 96.03 |
| Iowa | 160 | 147.3 | $2,800.00 | 41.70 | $67.15 | $448,000.00 | 92.06 |
| Davis | 30 | 28.4 | $7,200.00 | 55.20 | $130.43 | $216,000.00 | 94.67 |
| Woodbury | 107.27 | 93.19 | $6,000.00 | 61.60 | $97.40 | $643,620.00 | 86.87 |
| Woodbury | 80 | 76.11 | $6,650.00 | 72.30 | $91.98 | $532,000.00 | 95.14 |
| Henry | 58.02 | 58 | $4,400.00 | 65.60 | $67.07 | $255,288.00 | 99.97 |
| Allamakee | 156 | 150.9 | $7,179.00 | 76.90 | $93.36 | $1,119,924.00 | 96.73 |
| Louisa | 62.81 | 59.02 | $10,500.00 | 82.50 | $127.27 | $659,505.00 | 93.97 |
| Palo Alto | 119.3 | 119.3 | $9,000.00 | 82.60 | $108.96 | $1,073,700.00 | 100.00 |
| O’Brien | 78.09 | 78.09 | $14,100.00 | 98.90 | $142.57 | $1,101,069.00 | 100.00 |
| Lyon | 80.39 | 79.39 | $14,200.00 | 94.00 | $151.06 | $1,141,538.00 | 98.76 |
| Emmet | 80 | 79.61 | $6,000.00 | 75.80 | $79.16 | $480,000.00 | 99.51 |
| Linn | 122 | 121.86 | $14,700.00 | 92.50 | $158.92 | $1,793,400.00 | 99.89 |
| Greene | 80 | 74.46 | $10,100.00 | 84.40 | $119.67 | $808,000.00 | 93.08 |
| Greene | 81.81 | 75.49 | $8,950.00 | 82.30 | $108.75 | $732,199.50 | 92.27 |
| Palo Alto | 160 | 131.2 | $4,675.00 | 75.60 | $61.84 | $748,000.00 | 82.00 |
| Cedar | 80 | 78.4 | $7,900.00 | 78.80 | $100.25 | $632,000.00 | 98.00 |
| Dickinson | 46.08 | 41.6 | $5,700.00 | 79.20 | $71.97 | $262,656.00 | 90.28 |
| Iowa | 138 | 117 | $3,400.00 | 46.80 | $72.65 | $469,200.00 | 84.78 |
| Tama | 156 | 147.54 | $8,550.00 | 86.60 | $98.73 | $1,333,800.00 | 94.58 |
| Lyon | 80 | 76.69 | $16,400.00 | 68.20 | $240.47 | $1,312,000.00 | 95.86 |
| Lyon | 77.25 | 75.89 | $14,250.00 | 66.80 | $213.32 | $1,100,812.50 | 98.24 |
| Butler | 500 | 497.01 | $8,880.00 | 90.00 | $98.67 | $4,440,000.00 | 99.40 |
| Poweshiek | 34 | 32.9 | $9,700.00 | 76.60 | $126.63 | $329,800.00 | 96.76 |
| Poweshiek | 158 | 150.64 | $5,200.00 | 53.20 | $97.74 | $821,600.00 | 95.34 |
| Buena Vista | 80.48 | 79.8 | $7,000.00 | 82.50 | $84.85 | $563,360.00 | 99.16 |
| Buena Vista | 80.48 | 70 | $5,000.00 | 73.10 | $68.40 | $402,400.00 | 86.98 |
| Buena Vista | 71.29 | 69 | $7,475.00 | 82.60 | $90.50 | $532,892.75 | 96.79 |
| Tama | 153.53 | 153.53 | $13,900.00 | 94.00 | $147.87 | $2,134,067.00 | 100.00 |
| Dickinson | 155 | 152.01 | $7,000.00 | 85.50 | $81.87 | $1,085,000.00 | 98.07 |
| Sioux | 57.01 | 55.55 | $14,025.00 | 91.80 | $152.78 | $799,565.25 | 97.44 |
| Sioux | 41.47 | 38.6 | $13,250.00 | 89.40 | $148.21 | $549,477.50 | 93.08 |
| Floyd | 52.5 | 52.21 | $6,300.00 | 59.90 | $105.18 | $330,750.00 | 99.45 |
| Page | 77.03 | 72.66 | $7,300.00 | 72.5 | $100.69 | $562,319.00 | 94.33 |
| Page | 74.79 | 74.69 | $6,600.00 | 66.4 | $99.40 | $493,614.00 | 99.87 |
| Page | 158 | 145.85 | $4,510.00 | 62.8 | $71.82 | $712,580.00 | 92.31 |
| Marshall | 39 | 38.41 | $7,500.00 | 71.4 | $105.04 | $292,500.00 | 98.49 |
| Keokuk | 40 | 39.33 | $12,900.00 | 90.4 | $142.70 | $516,000.00 | 98.33 |
| Keokuk | 80 | 76.83 | $12,700.00 | 90.1 | $140.95 | $1,016,000.00 | 96.04 |
| Keokuk | 78.5 | 75.83 | $11,750.00 | 79.9 | $147.06 | $922,375.00 | 96.60 |
| Keokuk | 40 | 39.1 | $7,750.00 | 61.7 | $125.61 | $310,000.00 | 97.75 |
| Lyon | 40 | 39.71 | $13,400.00 | 86.40 | $155.09 | $536,000.00 | 99.28 |
| Lee | 90.92 | 89.73 | $11,200.00 | 69.40 | $161.38 | $1,018,304.00 | 98.69 |
| Henry | 122.78 | 108.64 | $6,248.00 | 67.60 | $92.43 | $767,129.44 | 88.48 |
| Appanoose | 78.71 | 75.1 | $6,000.00 | 60.10 | $99.83 | $472,260.00 | 95.41 |
| Appanoose | 46.42 | 43.45 | $6,250.00 | 61.10 | $102.29 | $290,125.00 | 93.60 |
| Jefferson | 120.99 | 106.23 | $5,700.00 | 60.00 | $95.00 | $689,643.00 | 87.80 |
| Decatur | 162.45 | 147 | $3,580.00 | 41.70 | $85.85 | $581,571.00 | 90.49 |
| VanBuren | 59.04 | 51.04 | $5,900.00 | 66.20 | $89.12 | $348,336.00 | 86.45 |
| Poweshiek | 120 | 112.39 | $8,350.00 | 84.80 | $98.47 | $1,002,000.00 | 93.66 |
| Sioux | 40.41 | 38.61 | $12,900.00 | 86.40 | $149.31 | $521,289.00 | 95.55 |
| Sioux | 45.39 | 44.4 | $13,250.00 | 84.20 | $157.36 | $601,417.50 | 97.82 |
| O’Brien | 45 | 44.44 | $13,000.00 | 91.30 | $142.39 | $585,000.00 | 98.76 |
| O’Brien | 75 | 69 | $12,200.00 | 89.60 | $136.16 | $915,000.00 | 92.00 |
| Poweshiek | 13.49 | 12.77 | $9,500.00 | 96.1 | $98.86 | $128,155.00 | 94.66 |
| Poweshiek | 114.04 | 103.52 | $5,500.00 | 71.2 | $77.25 | $627,220.00 | 90.78 |
| Poweshiek | 70.45 | 65.63 | $7,000.00 | 77 | $90.91 | $493,150.00 | 93.16 |
| Poweshiek | 80 | 66.27 | $4,900.00 | 61.2 | $80.07 | $392,000.00 | 82.84 |
| Lee | 18.85 | 15.5 | $2,750.00 | 28.8 | $95.49 | $51,837.50 | 82.23 |
| Jasper | 160 | 147.62 | $6,000.00 | 69.80 | $85.96 | $960,000.00 | 92.26 |
| Butler | 49 | 46.9 | $8,900.00 | 83.30 | $106.84 | $436,100.00 | 95.71 |
| Butler | 100 | 90.9 | $6,500.00 | 82.80 | $78.50 | $650,000.00 | 90.90 |
| Jasper | 168 | 157.78 | $4,500.00 | 52.40 | $85.88 | $756,000.00 | 93.92 |
| Lyon | 89.41 | 73.55 | $7,925.00 | 69.90 | $113.38 | $708,574.25 | 82.26 |
| Pocahontas | 41 | 43.3 | $9,800.00 | 87.10 | $112.51 | $401,800.00 | 105.61 |
| Pocahontas | 40 | 38.93 | $7,700.00 | 81.90 | $94.02 | $308,000.00 | 97.33 |
| Pocahontas | 169.27 | 169 | $6,700.00 | 72.10 | $92.93 | $1,134,109.00 | 99.84 |
| Pocahontas | 119.62 | 118 | $7,400.00 | 77.90 | $94.99 | $885,188.00 | 98.65 |
| Dickinson | 160 | 157.37 | $7,175.00 | 79.50 | $90.25 | $1,148,000.00 | 98.36 |
| Dickinson | 160 | 151.82 | $7,600.00 | 86.70 | $87.66 | $1,216,000.00 | 94.89 |
| Butler | 70 | 68.51 | $4,900.00 | 71.70 | $68.34 | $343,000.00 | 97.87 |
| Buena Vista | 119.35 | 117.3 | $8,800.00 | 86.20 | $102.09 | $1,050,280.00 | 98.28 |
| Johnson | 69 | 63.13 | $9,300.00 | 80.10 | $116.10 | $641,700.00 | 91.49 |
| Hancock | 160 | 152.12 | $8,800.00 | 80.50 | $109.32 | $1,408,000.00 | 95.08 |
| Sioux | 80 | 78.41 | $11,750.00 | 92.70 | $126.75 | $940,000.00 | 98.01 |
| Calhoun | 90.4 | 91.35 | $7,700.00 | 81.90 | $94.02 | $696,080.00 | 101.05 |
| Audubon | 232.18 | 223.71 | $11,800.00 | 70.50 | $167.38 | $2,739,724.00 | 96.35 |
| Audubon | 80 | 77.28 | $13,000.00 | 73.30 | $177.35 | $1,040,000.00 | 96.60 |
| Boone | 79 | 79 | $8,300.00 | 84.60 | $98.11 | $655,700.00 | 100.00 |
| Boone | 73 | 73 | $8,400.00 | 80.08 | $104.90 | $613,200.00 | 100.00 |
| Clarke | 54 | 49.76 | $6,481.00 | 72.80 | $89.02 | $349,974.00 | 92.15 |
| O’Brien | 153 | 149 | $13,000.00 | 98.10 | $132.52 | $1,989,000.00 | 97.39 |
| O’Brien | 95 | 95 | $12,500.00 | 94.60 | $132.14 | $1,187,500.00 | 100.00 |
| O’Brien | 102 | 100.23 | $12,500.00 | 92.40 | $135.28 | $1,275,000.00 | 98.26 |
| O’Brien | 105 | 100.16 | $10,750.00 | 88.00 | $122.16 | $1,128,750.00 | 95.39 |
| Dickinson | 113.73 | 112 | $5,200.00 | 74.90 | $69.43 | $591,396.00 | 98.48 |
Featured Farmland Auction In Iowa
Join us on December 28th for this high quality tillable farmland auction in Wright County Iowa. This farm will sell as 1 tract and the buyer will get full possession of the farm on March 1, 2019. View the farmland auction listing at DreamDirt.com
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.
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