January 2023 Farmland Auction Sales Report

Feb 8, 2023

Current Average Price Per Acre Land in Iowa

Check out the table below of all the auction results from January Iowa land sales. For the month of January, the price per acre average of land in Iowa is $12,627 per acre, compared to December’s per acre average price of $12,657.13. A year ago, the average price per acre was $3,016/acre lower at $9,611 per acre in January of 2022. Reach out to us for an opinion on what we think your farm is worth if you are considering selling.

Average Price per acre

Number of Acres Sold in Iowa During January 2023

If you take a look at the graph to the right you will see a decrease in farmland acres sold at auction from December to January. In December, we saw 10,450.25 acres sold by auction and only about half that, 5,458 acres in January.  If you are thinking of selling, now is the time to reach out to learn more about the process! Fill out this form to get started today and one of our auctioneers or land brokers will contact you shortly!

number of acres sold

Price Per CSR2 Point Iowa Farmland

The price per CSR2 point decreased $4 from December and is currently at $168.64/CSR2 point. Which is a quite a bit higher than it was a year ago at $138.28/CSR2. This value is used to help calculate what your farm is worth. If you don’t know your farm’s CSR2 soil rating reach out to us for a soil map and evaluation if you are thinking of selling land in Iowa.

Average price per CSR2
Jason J Smith

Jason J Smith

Auctioneer & Land Broker

Jason is an experienced farmland broker and auctioneer with extensive experience in farmland sales across this Midwest.  Jason has worked with hundreds of clients to create advantageous outcomes.  If you are selling land schedule a consultation with Jason by calling or using the calendar.

Phone: 515-537-6633

Iowa Land Sales Auction Results January 2023

County Total Acres Tillable Acres Price Per Tillable Acre CSR2 $ per Tillable CSR2 Price % Tillable Date
Marshall 120.48 119.34 $13,200.00 89.5 $147.49 $1,590,336.00 99.05 1/5/23
Clay 80 79.15 $21,700.00 97 $223.71 $1,736,000.00 98.94 1/6/23
Mahaska 76.54 75.5 $15,700.00 87.3 $179.84 $1,201,678.00 98.64 1/9/23
Mahaska 78.97 65.11 $6,200.00 55.7 $111.31 $489,614.00 82.45 1/9/23
Mahaska 152.57 130.37 $7,700.00 60.6 $127.06 $1,174,789.00 85.45 1/9/23
Mahaska 37.88 37.3 $9,800.00 61.4 $159.61 $371,224.00 98.47 1/9/23
Marion 154.99 141.86 $10,350.00 73.9 $140.05 $1,604,146.50 91.53 1/9/23
Marion 78 70.8 $10,100.00 81.7 $123.62 $787,800.00 90.77 1/9/23
Marion 85.62 85.54 $6,722.00 49.9 $134.71 $575,537.64 99.91 1/9/23
Marion 50.26 48.9 $10,300.00 84.5 $121.89 $517,678.00 97.29 1/9/23
Buena Vista 80 79 $17,400.00 94.6 $183.93 $1,392,000.00 98.75 1/11/23
Tama 197.11 192.87 $16,300.00 82 $198.78 $3,212,893.00 97.85 1/12/23
Wright 120 117.93 $13,100.00 84.2 $155.58 $1,572,000.00 98.28 1/13/23
Wright 116 113.93 $12,500.00 84.3 $148.28 $1,450,000.00 98.22 1/13/23
Sac 111 109.03 $16,300.00 86.8 $187.79 $1,809,300.00 98.23 1/13/23
Wayne 93.58 12.69 $5,200.00 53.1 $97.93 $65,988.00 13.56 1/18/23
Lucas 320 47.42 $4,315.00 30.5 $141.48 $204,617.30 14.82 1/17/23
Keokuk 40 17.19 $6,525.00 62.6 $104.23 $112,164.75 42.98 1/18/23
Wayne 80 60.52 $4,600.00 59.7 $77.05 $278,392.00 75.65 1/18/23
Greene 40 38.58 $13,566.00 77.8 $174.37 $523,376.28 96.45 1/19/23
Jasper 142.79 142.79 $12,000.00 67.4 $178.04 $1,713,480.00 100.00 1/19/23
O’Brien 75.12 72.18 $15,500.00 93.5 $165.78 $1,118,790.00 96.09 1/17/23
Pocahontas 80 78.26 $13,800.00 81.5 $169.33 $1,079,988.00 97.83 1/18/23
Shelby 95.03 79.37 $10,000.00 75.9 $131.75 $793,700.00 83.52 1/19/23
Shelby 33.46 33 $13,300.00 48.7 $273.10 $438,900.00 98.63 1/19/23
Wayne 146.42 132.23 $7,100.00 47.1 $150.74 $938,833.00 90.31 1/18/23
Webster 80 78.65 $13,566.00 81.6 $166.25 $1,066,965.90 98.31 1/19/23
Woodbury 16.3 14.03 $18,800.00 81.3 $231.24 $263,764.00 86.07 1/20/23
Woodbury 64.12 59.38 $15,750.00 71.5 $220.28 $935,235.00 92.61 1/20/23
Woodbury 79.57 75.96 $11,400.00 45.2 $252.21 $865,944.00 95.46 1/20/23
Wright 77 72.81 $8,500.00 68.5 $124.09 $618,885.00 94.56 1/20/23
Wright 63 63 $10,400.00 84.5 $123.08 $655,200.00 100.00 1/20/23
Wright 83 83.21 $11,300.00 79.9 $141.43 $940,273.00 100.25 1/20/23
Buena Vista 89.57 88.2 $15,650.00 93.6 $167.20 $1,380,330.00 98.47 1/24/23
Lyon 80.6 78.6 $18,100.00 67.8 $266.96 $1,422,660.00 97.52 1/24/23
Lyon 80.71 77.22 $20,000.00 67.6 $295.86 $1,544,400.00 95.68 1/24/23
Tama 73.43 71.78 $21,000.00 90.9 $231.02 $1,507,380.00 97.75 1/24/23
Palo Alto 160 154.7 $11,000.00 80.6 $136.48 $1,701,700.00 96.69 1/24/23
Benton 136.3 134.74 $17,100.00 92.6 $184.67 $2,304,054.00 98.86 1/24/23
Crawford 160 143.2 $13,400.00 66.4 $201.81 $1,918,880.00 89.50 1/25/23
Crawford 200 179.12 $12,100.00 69 $175.36 $2,167,352.00 89.56 1/25/23
Henry 80.85 76.83 $10,736.00 77.3 $138.89 $824,846.88 95.03 1/25/23
Cass 32.2 28.28 $13,400.00 88.2 $151.93 $378,952.00 87.83 1/25/23
Cass 30.13 28.9 $13,900.00 83.7 $166.07 $401,710.00 95.92 1/25/23
Cedar 115.71 115.6 $13,400.00 89.3 $150.06 $1,549,040.00 99.90 1/26/23
Story 80 74.02 $14,300.00 84.1 $170.04 $1,058,486.00 92.53 1/26/23
Dickinson 160.8 154.6 $14,900.00 85.3 $174.68 $2,303,540.00 96.14 1/26/23
Dickinson 40.5 38.05 $13,150.00 86 $152.91 $500,357.50 93.95 1/26/23
Guthrie 37 31.6 $13,400.00 69.7 $192.25 $423,440.00 85.41 1/27/23
Lyon 75.6 58 $11,000.00 65.5 $167.94 $638,000.00 76.72 1/28/23
Harrison 223.15 150.26 $9,200.00 64.6 $142.41 $1,382,392.00 67.34 1/30/23
Harrison 279.22 216.82 $11,000.00 58.6 $187.71 $2,385,020.00 77.65 1/30/23
Lyon 47.54 45 $12,500.00 71.8 $174.09 $562,500.00 94.66 1/30/23
Harrison 75.7 73.9 $18,800.00 86 $218.60 $1,389,320.00 97.62 1/30/23
Lyon 50.08 49.55 $13,500.00 83.1 $162.45 $668,925.00 98.94 1/30/23
TOTALS 5457.9 4696.87 $12,627.82 74.64 $168.64 $60,512,777.75 86.06

Iowa Land Prices at A Glance

For people who wish to visualize and research Iowa farmland prices, our heat maps have been a huge help. Here you can research your farm’s proximity or the statewide market and see individual sale results. This includes average prices per acre, the average price per CSR2 point, as well as volumes of sales, and the number of acres sold. Use this market price research tool right here at DreamDirt. Click the Iowa map to get started.

Request a Free Valuation for Your Farm or Land Property

You can request a FREE Market Analysis whether you’re ready to sell or just curious! Our goal is to help you reach the top of the market when selling land in the Midwest.

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