Iowa’s October Farmland Sales Summary

Nov 22, 2019 | Farmland Prices, Land Seller Resources, Uncategorized

Iowa Farmland Sales Volume For 80% Tillable Farms

Farmland Prices In Iowa For October 2019

Curious what farmland prices looked like in the state of Iowa during the month of October? DreamDirt tracks the sales of 80% Tillable farmland and above, year round!

Year-to-date trends and month-long trends can be found in the graphs below. If you’re curious about the best time to sell your farm, CLICK HERE

Average Price Per CSR2 Point For Iowa Farmland

The average price per CSR2 point in October 2019 saw a rapid decrease from the month of September to $73.40, across all 80% tillable farms sold at auction in Iowa.

The CSR2 point rating is a measure of the soil’s productivity out of a scale of 100. It is important to remember that monthly variations depend on the quality of farms sold that month. A longer period of time such as six months to a year is the best representation of the price per CSR2 point.

Average Price Per Acre Of Tillable Farmland In Iowa

We saw an average price of $6,684.87 per tillable acre of farmland in October 2019. The monthly average took a turn from the September average of $8,216.17 

Iowa Farmland Sales Report For October 2019 – 80% Or Higher Tillable Farms

County Total Acres Tillable Acres Price Per Tillable Acre CSR2 $ per Tillable CSR2 Price % Tillable
Greene 79.67 72.04 $8,200.00 84.2 $97.39 $653,294.00 90.42
Wapello 76.75 76.75 $5,600.00 58.1 $96.39 $429,800.00 100.00
Wapello 79.2 68.48 $4,600.00 55.9 $82.29 $364,320.00 86.46
Wapello 58 49.19 $4,550.00 63.1 $72.11 $263,900.00 84.81
Wapello 72 68.76 $4,975.00 59.1 $84.18 $358,200.00 95.50
Wapello 66.62 63 $4,675.00 50.2 $93.13 $311,448.50 94.57
Wapello 39 37.17 $4,600.00 54.9 $83.79 $179,400.00 95.31
Audubon 92.62 88.82 $7,300.00 75.8 $96.31 $676,126.00 95.90
Audubon 80 78 $6,500.00 68.3 $95.17 $520,000.00 97.50
Hamilton 40 37.48 $9,100.00 79.2 $114.90 $364,000.00 93.70
Cerro Gordo 156 155 $8,800.00 83.6 $105.26 $1,372,800.00 99.36
Cerro Gordo 153 144 $6,700.00 82.8 $80.92 $1,025,100.00 94.12
Sioux 66.68 61.87 $18,300.00 94.6 $193.45 $1,220,244.00 92.79
Sioux 143.2 139.73 $13,500.00 93.4 $144.54 $1,933,200.00 97.58
Cerro Gordo 84 84.27 $6,100.00 69.7 $87.52 $512,400.00 100.32
Lee 60 57.40 $5,750.00 52.7 $109.11 $345,000.00 95.67
Lee 66.38 57.29 $6,300.00 74.9 $84.11 $418,194.00 86.31
Johnson 103.75 97.87 $8,800.00 85.1 $103.41 $913,000.00 94.33
Johnson 96.4 82.51 $7,000.00 70.8 $98.87 $674,800.00 85.59
Union 177.5 143.96 $5,000.00 62.5 $80.00 $887,500.00 81.10
Delaware 76.64 76.64 $11,600.00 88.9 $130.48 $889,024.00 100.00
Iowa 77 67.30 $6,950.00 67.39 $103.13 $535,150.00 87.40
Iowa 54.5 48.68 $5,550.00 61 $90.98 $302,475.00 89.32
Van Buren 152.75 134 $6,900.00 64 $107.81 $1,053,975.00 87.73
O’Brien 60 57.9 $11,500.00 92.9 $123.79 $690,000.00 96.50
O’Brien 75 71.5 $14,900.00 94.7 $157.34 $1,117,500.00 95.33
Crawford 144.88 144.88 $6,800.00 64.3 $105.75 $985,184.00 100.00
Crawford 75.01 75.01 $7,400.00 62.2 $118.97 $555,074.00 100.00
Page 99 98.37 $5,800.00 74.7 $77.64 $574,200.00 99.36
Page 155 146.74 $5,600.00 71.6 $78.21 $868,000.00 94.67
Page 101 87.09 $3,500.00 64.1 $54.60 $353,500.00 86.23
Black Hawk 70.02 68.5 $0.00 85.5 $0.00 $0.00 97.83
Butler 116 95.5 $4,375.00 77.7 $56.31 $507,500.00 82.33
Lee 34.36 31.71 $8,300.00 75.5 $109.93 $285,188.00 92.29
Lee 74.22 69.32 $8,500.00 81.7 $104.04 $630,870.00 93.40
Sioux 152 148.15 $0.00 84 $0.00 $0.00 97.47
Sioux 44.33 44.33 $0.00 69.9 $0.00 $0.00 100.00
Sioux 50 43.47 $0.00 90.3 $0.00 $0.00 86.94
STATEWIDE TOTALS 3402.48 3172.68 $6,684.87 73.40 $90.05 $22,770,366.50 93.25

 

Featured Farmland Auction In Iowa

This 78.59 acre farm is located east of Moorhead in Monona County. Located right along a paved hard surface road. This farm has a CSR2 rating of 47.7 and the property is primarily tillable farmland – a quality farm! You may view the farm from the road any time, we just ask that you respect the tenant’s rights on the farm

Online bidding is open NOW, and will close on November 27, 2019 at 2 PM. Click Here to learn more and bid!

Jason Smith

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

Thinking Of Selling Farmland in Iowa?

You only get one opportunity to sell land the right way, mistakes last forever! You should be as knowledgeable as you can be when you are selling something so valuable and important.

DreamDirt takes pride in providing landowners with the most honest information about the choices they have in how they sell land assets. These two ebooks are completely free to download and will help you avoid the pitfalls you can encounter when selling your land as well as how to navigate the fast paced world of technology now intertwined with it. If you have more questions, you can call us at 515-537-6633!

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