Iowa’s September Farmland Sales Summary

Oct 16, 2019 | Farmland Prices, Land Seller Resources

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.

Screen Shot 2019-10-10 at 1.49.39 PM

 

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.

Iowa Farmland Sales September Summary

 

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 Sales Summary 2019 September

 

 

Iowa Farmland Prices – 12 Month Rolling Summary

 
 Iowa Farmland Sales Summary September Price per Acre
 
Iowa Farmland Sales Summary 2019 Volume
 
Iowa Farmland Sales September Summary 2019
 
 

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

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Jason Smith

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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