Iowa’s October 2018 Farmland Prices
Jason Smith
Auctioneer, Land Broker, Appraiser
Jason is a farm real esate processional in Iowa licensed as a broker and auctioneer. The Iowa Farmland Prices Report is an aggregation of farmland sales across the entire state of Iowa. DreamDirt has offices in Mason City, Des Moines, Onawa and Storm Lake.
Email: jason@dreamdirt.com | Phone: (515) 537-6633
Iowa Farmland Sales Volume For 80% Tillable Farms
Farmland Prices In Iowa For October, 2018
Farmland prices across Iowa continue to show signs of softening. A difficult harvest in most areas has hampered significant progress and farmers are enduring very difficult conditions. The mood across the countryside has been challenging this Fall. Farm prices have been under pressure from low commodity prices for an extended period of time and those pressure are compounded by fears associated with trade issues around the world and lack of a farm bill.
Average Price Per CSR2 Point For Iowa Farmland
The average price per CSR2 point this month was $107.31 across the entire state of Iowa for 80% tillable farms sold at auction. The price per CSR2 point has continued to show a decline but small decline. The improved volume of farmland sales has boosted the price per CSR2 point recently with quite a few high quality farms selling across the state.
Average Price Per Acre Of Tillable Farmland In Iowa
This month we saw an average price of $8204.00 per tillable acre of farmland across the state and across all sales. The price per acre has increased over the month from week 40 to week 44 of 2018. For the 10 months of 2018 we are actually seeing an improvement in price for 80% tillable farmland and gains in value which you can see in the farmland price charts below.
October 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 October 2018 – 80% Tillable Farms
|
STATEWIDE TOTALS |
4876.83 |
4595.26 |
$8,204.00 |
75.89 |
$107.31 |
$37,744,636.67 |
94.23 |
|
County |
Total Acres |
Tillable Acres |
Price Per Tillable Acre |
CSR2 |
$ per Tillable CSR2 |
Price |
% Tillable |
|
Hamilton |
76.45 |
72.97 |
$8,800.00 |
86.3 |
$101.97 |
$672,760.00 |
95.45 |
|
O’Brien |
72 |
67.50 |
$14,000.00 |
94.5 |
$148.15 |
$1,008,000.00 |
93.75 |
|
Crawford |
156 |
149.6 |
$10,000.00 |
70.4 |
$142.05 |
$1,560,000.00 |
95.90 |
|
Woodbury |
61.19 |
60.7 |
$9,050.00 |
86.1 |
$105.11 |
$553,769.50 |
99.20 |
|
Wapello |
120.62 |
105.98 |
$6,050.00 |
65.6 |
$92.23 |
$729,751.00 |
87.86 |
|
O’Brien |
39.79 |
39.13 |
$14,500.00 |
94.7 |
$153.12 |
$576,955.00 |
98.34 |
|
Butler |
180 |
161.35 |
$6,750.00 |
78 |
$86.54 |
$1,215,000.00 |
89.64 |
|
Butler |
103 |
102.55 |
$8,300.00 |
83.9 |
$98.93 |
$854,900.00 |
99.56 |
|
Calhoun |
40 |
38.9 |
$10,500.00 |
87.2 |
$120.41 |
$420,000.00 |
97.25 |
|
Marshall |
130 |
125.85 |
$9,100.00 |
81.7 |
$111.38 |
$1,183,000.00 |
96.81 |
|
Ringgold |
158 |
128.54 |
$4,800.00 |
66.4 |
$72.29 |
$758,400.00 |
81.35 |
|
Crawford |
79.26 |
74.43 |
$7,000.00 |
60.5 |
$115.70 |
$554,820.00 |
93.91 |
|
Crawford |
127.9 |
122.43 |
$6,200.00 |
60.5 |
$102.48 |
$792,980.00 |
95.72 |
|
Crawford |
62.36 |
58.26 |
$5,925.00 |
68.1 |
$87.00 |
$369,483.00 |
93.43 |
|
Hardin |
145 |
143.28 |
$8,700.00 |
82.8 |
$105.07 |
$1,261,500.00 |
98.81 |
|
Fayette |
156 |
142.8 |
$8,077.00 |
84.9 |
$95.14 |
$1,260,012.00 |
91.54 |
|
Crawford |
99.4 |
99.33 |
$7,650.00 |
64.7 |
$118.24 |
$760,410.00 |
99.93 |
|
Crawford |
124 |
103.66 |
$7,000.00 |
60.3 |
$116.09 |
$868,000.00 |
83.60 |
|
Bremer |
62 |
50.54 |
$5,100.00 |
60.2 |
$84.72 |
$316,200.00 |
81.52 |
|
Monona |
140.47 |
128.67 |
$4,500.00 |
78.9 |
$57.03 |
$632,115.00 |
91.60 |
|
Sioux |
32.19 |
31.79 |
$16,250.00 |
90.9 |
$178.77 |
$523,087.50 |
98.76 |
|
Monona |
160 |
147.28 |
$7,000.00 |
68.9 |
$101.60 |
$1,120,000.00 |
92.05 |
|
Buena Vista |
115 |
107 |
$7,140.00 |
85.7 |
$83.31 |
$821,100.00 |
93.04 |
|
Allamakee |
40 |
34 |
$7,625.00 |
58.9 |
$129.46 |
$305,000.00 |
85.00 |
|
Delaware |
213.4 |
209.7 |
$7,750.00 |
62.3 |
$124.40 |
$1,653,850.00 |
98.27 |
|
Johnson |
75 |
75 |
$8,800.00 |
71 |
$123.94 |
$660,000.00 |
100.00 |
|
Johnson |
76 |
76 |
$8,700.00 |
69.5 |
$125.18 |
$661,200.00 |
100.00 |
|
iowa |
112.5 |
105.28 |
$5,150.00 |
55.3 |
$93.13 |
$579,375.00 |
93.58 |
|
Davis |
26.12 |
26.12 |
$6,100.00 |
59.7 |
$102.18 |
$159,332.00 |
100.00 |
|
Davis |
79.99 |
79.98 |
$6,150.00 |
56.7 |
$108.47 |
$491,938.50 |
99.99 |
|
Davis |
40.72 |
40.7 |
$6,000.00 |
54.3 |
$110.50 |
$244,320.00 |
99.95 |
|
Davis |
129.54 |
114.4 |
$5,150.00 |
85.4 |
$60.30 |
$667,131.00 |
88.31 |
|
O’Brien |
79.93 |
76.94 |
$9,500.00 |
90.5 |
$104.97 |
$759,335.00 |
96.26 |
|
O’Brien |
115.47 |
113.42 |
$11,900.00 |
94.7 |
$125.66 |
$1,374,093.00 |
98.22 |
|
Calhoun |
77.29 |
77.29 |
$7,483.00 |
81.8 |
$91.48 |
$578,361.07 |
100.00 |
|
Jefferson |
33 |
33 |
$7,500.00 |
84.4 |
$88.86 |
$247,500.00 |
100.00 |
|
Pocahontas |
153 |
148.34 |
$7,100.00 |
85.3 |
$83.24 |
$1,086,300.00 |
96.95 |
|
Pocahontas |
40 |
38.14 |
$7,550.00 |
85.3 |
$88.51 |
$302,000.00 |
95.35 |
|
Fremont |
193.32 |
191 |
$4,300.00 |
67.7 |
$63.52 |
$831,276.00 |
98.80 |
|
Osceola |
155.88 |
152.93 |
$11,100.00 |
84.5 |
$131.36 |
$1,730,268.00 |
98.11 |
|
Des Moines |
33.43 |
30 |
$5,460.00 |
46.8 |
$116.67 |
$182,527.80 |
89.74 |
|
Des Moines |
41.56 |
40 |
$9,030.00 |
84.8 |
$106.49 |
$375,286.80 |
96.25 |
|
Des Moines |
194 |
174.6 |
$4,856.00 |
80.9 |
$60.02 |
$942,064.00 |
90.00 |
|
Hamilton |
76.45 |
72.97 |
$8,800.00 |
86.3 |
$101.97 |
$672,760.00 |
95.45 |
|
O’Brien |
72 |
67.50 |
$14,000.00 |
94.5 |
$148.15 |
$1,008,000.00 |
93.75 |
|
Crawford |
156 |
149.6 |
$10,000.00 |
70.4 |
$142.05 |
$1,560,000.00 |
95.90 |
|
Woodbury |
61.19 |
60.7 |
$9,050.00 |
86.1 |
$105.11 |
$553,769.50 |
99.20 |
|
Wapello |
120.62 |
105.98 |
$6,050.00 |
65.6 |
$92.23 |
$729,751.00 |
87.86 |
|
O’Brien |
39.79 |
39.13 |
$14,500.00 |
94.7 |
$153.12 |
$576,955.00 |
98.34 |
Selling Farmland In Iowa
Considering selling farmland in Iowa? DreamDirt knows the market and we know how to help guide you to a successful sale of farmland by listing or auction. Call us anytime at 515-537-6633 or email us at info@dreamdirt.com If you want to learn what your farmland is worth let us help you, get a free market analysis today.
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