Iowa’s September Farmland Sales Summary
Iowa Farmland Sales Volume For 80% Tillable Farms
Farmland Prices In Iowa For September 2019
Similar to our August report on farmland sales, prices have continued to remain on a steady track. In September, tillable land values were sitting above the trend line and continue to look positive in terms of future growth into October!
Year-to-date trends and month-long trends can be found in the graphs below.
Average Price Per CSR2 Point For Iowa Farmland
The average price per CSR2 point in September 2019 saw a slight decrease from the month of August to $104.31, 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 $8,216.17 per tillable acre of farmland in September 2019. The monthly average is now on an increase from August prices. Tillable land for the month of October is above the 6-month trend line, which has steadily increased since the beginning of the year.
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!
September 2019 Average Price Per Acre Of Farmland
Iowa Farmland Prices – 12 Month Rolling Summary
Iowa Farmland Sales Report For September 2019 – 80% Tillable Farms
|
County |
Total Acres |
Tillable Acres |
Price Per Tillable Acre |
CSR2 |
$ per Tillable CSR2 |
Price |
% Tillable |
|
Benton |
240 |
237.09 |
$10,400.00 |
91.1 |
$114.16 |
$2,496,000.00 |
98.79 |
|
Butler |
97.52 |
95.94 |
$5,350.00 |
60 |
$89.16 |
$521,732.00 |
98.37 |
|
Boone |
80 |
78.84 |
$9,800.00 |
86.8 |
$112.90 |
$1,000,580.00 |
98.55 |
|
Poweshiek |
156.45 |
152.22 |
$11,500.00 |
86.7 |
$132.64 |
$2,043,550.00 |
97.30 |
|
Montgomery |
98.09 |
95.33 |
$12,300.00 |
89.5 |
$137.43 |
$1,670,340.00 |
97.19 |
|
Woodbury |
378 |
341.26 |
$11,100.00 |
62.2 |
$178.46 |
$1,633,920.00 |
90.28 |
|
Woodbury |
100 |
89.06 |
$6,700.00 |
75.5 |
$88.74 |
$459,285.00 |
89.06 |
|
Winnebago |
85.14 |
82.53 |
$7,000.00 |
66.1 |
$105.90 |
$263,900.00 |
96.93 |
|
Osceola |
178.48 |
164.73 |
$7,300.00 |
84.8 |
$86.08 |
$1,302,904.00 |
92.29 |
|
Cerro Gordo |
159 |
147.5 |
$7,825.00 |
74 |
$105.74 |
$1,244,175.00 |
92.76 |
|
Story |
74 |
70.70 |
$10,600.00 |
83.4 |
$127.09 |
$784,400.00 |
95.54 |
|
Story |
120 |
111.67 |
$10,800.00 |
86.9 |
$124.28 |
$1,296,000.00 |
93.05 |
|
Keokuk |
70 |
65.58 |
$6,700.00 |
64.1 |
$104.52 |
$469,000.00 |
93.69 |
|
Marshall |
80 |
74.09 |
$9,200.00 |
85.6 |
$107.48 |
$736,000.00 |
92.61 |
|
Floyd |
110.34 |
107.67 |
$6,750.00 |
83 |
$81.33 |
$744,795.00 |
97.58 |
|
Kossuth |
150 |
149.41 |
$9,500.00 |
84 |
$113.10 |
$1,425,000.00 |
99.61 |
|
Polk |
80.82 |
81.61 |
$11,500.00 |
88.2 |
$130.39 |
$929,430.00 |
100.98 |
|
Boone |
64.7 |
62.03 |
$8,300.00 |
85.3 |
$97.30 |
$537,010.00 |
95.87 |
|
Floyd |
80 |
74.7 |
$16,500.00 |
70.4 |
$234.38 |
$1,320,000.00 |
93.38 |
|
Wright |
40.13 |
36.04 |
$9,900.00 |
92.1 |
$107.49 |
$397,287.00 |
89.81 |
|
Clayton |
42 |
40 |
$12,976.00 |
68.2 |
$190.26 |
$544,992.00 |
95.24 |
|
Marshall |
236 |
224 |
$11,800.00 |
94 |
$125.53 |
$2,784,800.00 |
94.92 |
|
Floyd |
12.92 |
11.6 |
$6,500.00 |
89.6 |
$72.54 |
$83,980.00 |
89.78 |
|
Wright |
80 |
69.5 |
$3,800.00 |
71.3 |
$53.29 |
$304,000.00 |
86.88 |
|
O’Brien |
157.19 |
137.97 |
$8,500.00 |
90.1 |
$94.33 |
$1,336,115.00 |
87.77 |
|
Boone |
96.15 |
93.82 |
$7,250.00 |
82.9 |
$87.45 |
$697,087.50 |
97.57 |
|
Boone |
120 |
117.39 |
$8,200.00 |
84.8 |
$96.69 |
$984,000.00 |
97.82 |
|
Boone |
106.13 |
101.36 |
$7,550.00 |
76.7 |
$98.44 |
$801,281.50 |
95.51 |
|
Greene |
67.73 |
66 |
$7,300.00 |
80.6 |
$90.57 |
$494,429.00 |
97.45 |
|
Greene |
85.34 |
79.08 |
$7,300.00 |
85.6 |
$85.28 |
$1,358,232.00 |
92.66 |
|
Pottawattamie |
80 |
79.4 |
$6,700.00 |
67.6 |
$99.11 |
$644,875.00 |
99.25 |
|
Pottawattamie |
75 |
75 |
$6,200.00 |
62.6 |
$99.04 |
$1,000,580.00 |
100.00 |
|
Floyd |
78 |
75.2 |
$9,500.00 |
86.7 |
$109.57 |
$2,043,550.00 |
96.41 |
|
Cerro Gordo |
75 |
67.6 |
$6,200.00 |
66.5 |
$93.23 |
$1,670,340.00 |
90.13 |
|
Crawford |
260.8 |
243.81 |
$8,200.00 |
78 |
$105.13 |
$1,633,920.00 |
93.49 |
|
Page |
206.45 |
188.78 |
$9,550.00 |
82.1 |
$116.32 |
$459,285.00 |
91.44 |
|
Page |
262.38 |
249.68 |
$7,100.00 |
75.1 |
$94.54 |
$263,900.00 |
95.16 |
|
Page |
329.51 |
267.99 |
$4,500.00 |
71.3 |
$63.11 |
$225,666.00 |
81.33 |
|
Page |
78.79 |
78.3 |
$8,000.00 |
74.6 |
$107.24 |
$630,320.00 |
99.38 |
|
Page |
195.64 |
183.54 |
$4,000.00 |
51.4 |
$77.82 |
$782,560.00 |
93.82 |
|
Pocahontas |
154.88 |
152.81 |
$7,100.00 |
78.8 |
$90.10 |
$1,099,648.00 |
98.66 |
|
Washington |
49.52 |
41.11 |
$5,675.00 |
71.7 |
$79.15 |
$281,026.00 |
83.02 |
|
O’Brien |
80 |
76.89 |
$10,200.00 |
95.3 |
$107.03 |
$816,000.00 |
96.11 |
|
Pocahontas |
164.1 |
152.89 |
$7,100.00 |
83.1 |
$85.44 |
$1,165,110.00 |
93.17 |
|
Pocahontas |
145.15 |
120.91 |
$6,000.00 |
78.3 |
$76.63 |
$870,900.00 |
83.30 |
|
Audubon |
62.71 |
60.37 |
$11,100.00 |
84 |
$132.14 |
$696,081.00 |
96.27 |
|
Appanoose |
43.84 |
42.5 |
$5,300.00 |
56.2 |
$94.31 |
$232,352.00 |
96.94 |
|
Hardin |
76.25 |
71.13 |
$8,400.00 |
84.3 |
$99.64 |
$640,500.00 |
93.29 |
|
Plymouth |
233.72 |
230.3 |
$11,000.00 |
85.1 |
$129.26 |
$2,559,920.00 |
98.54 |
|
Cass |
34.97 |
34.54 |
$7,600.00 |
76.4 |
$99.48 |
$265,772.00 |
98.77 |
|
Cass |
37.19 |
35.37 |
$7,700.00 |
77.4 |
$99.48 |
$286,363.00 |
95.11 |
|
Hancock |
157 |
152.2 |
$6,600.00 |
75.3 |
$87.65 |
$1,036,200.00 |
96.94 |
|
Calhoun |
99.41 |
96.37 |
$9,600.00 |
86.6 |
$110.85 |
$954,336.00 |
96.94 |
|
Calhoun |
158.87 |
154.98 |
$8,500.00 |
86.6 |
$98.15 |
$1,350,395.00 |
97.55 |
|
Montgomery |
145.78 |
121.17 |
$5,200.00 |
77.5 |
$67.10 |
$758,056.00 |
83.12 |
|
Floyd |
130 |
126.2 |
$7,625.00 |
85.1 |
$89.60 |
$991,250.00 |
97.08 |
|
Pocahontas |
187.26 |
187.26 |
$7,400.00 |
65.3 |
$113.32 |
$1,385,724.00 |
100.00 |
|
Hancock |
155 |
153.91 |
$8,900.00 |
82.1 |
$108.40 |
$1,379,500.00 |
99.30 |
|
Crawford |
159.43 |
141.49 |
$9,200.00 |
77.4 |
$118.86 |
$1,466,756.00 |
88.75 |
|
Crawford |
101.38 |
99.58 |
$10,000.00 |
84.3 |
$118.62 |
$1,013,800.00 |
98.22 |
|
Jefferson |
72.25 |
65.51 |
$5,550.00 |
68.3 |
$81.26 |
$400,987.50 |
90.67 |
|
Jefferson |
119.88 |
96.2 |
$4,500.00 |
58 |
$77.59 |
$539,460.00 |
80.25 |
|
Worth |
55.3 |
52.52 |
$8,400.00 |
94.3 |
$89.08 |
$464,520.00 |
94.97 |
|
Ebster |
59.15 |
53.8 |
$8,500.00 |
76 |
$111.84 |
$502,775.00 |
90.96 |
|
Emmet |
17.5 |
17.2 |
$6,750.00 |
87.8 |
$76.88 |
$118,125.00 |
98.29 |
|
STATEWIDE TOTALS |
7788.24 |
7305.23 |
$8,216.17 |
78.69 |
$104.31 |
$61,294,777.50 |
93.80 |
Featured Auction In Iowa
Looking for a great home in a family friendly neighborhood? Then look no further than this 1296 sq. ft house in Eldora, Iowa. This home features 3 bedrooms on the main level with a 3/4 bath off the master bedroom, a full bathroom, large kitchen and dining area, and a fireplace perfect for Santa to come visit this Christmas. The basement features a large family area, bonus room, 1/2 bath, large utility room with a shower stall, and lots of room for storage. All appliances stay with the home including the washer/dryer. The home also features a two car attached garage and a large backyard with a storage shed, swing set for the kids, and tons of possibilities. The new owner will have immediate possession upon closing!
Online bidding is open NOW, and will close on October 30, 2019 at 2 PM. Click Here to learn more and bid!
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
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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