October Farmland Auction Results For Iowa

Nov 9, 2016 | Farmland Prices, Iowa Auctioneers, Iowa Farmland Prices, Iowa Land Auction Company

Jason Smith

Jason Smith

Auctioneer, Land Broker

Jason is an Auctioneer and Land Broker and the founder of DreamDirt, He is a lead farm real estate professional in the Midwest and has pioneered many modern methods of selling farmland. His experience in helping lead families to successful farmland transactions spans 2 decades.  

Email: jason@dreamdirt.com | Phone: (515) 537-6633

Farmland Sale Prices Across Iowa

October 2016

DreamDirt’s Farmland Market Analyst tracks farmland prices across Iowa to maintain our comparable sales database offering our clients the best most current information available for creating accurate farmland appraisals. This information is collected from other auctioneers and real estate brokers and includes DreamDirt’s transactions. This research supports our land brokers, agents and auctioneers valuation efforts and is offered to you for your research purposes with the understanding you should verify all information you intend to rely on for financial purposes and decision making. You may use this information for our own personal use, however it may not be republished for commercial purposes.  You can contact us at (855)376-3478 if you have any questions

As the Farmland Auction season heads for full swing we see farmland prices holding strong across the entire state.  Dollars per CSR2 point this month held a wide range from $43 to $179 a point.  There were 14 results breaking the $100 per CSR2 point level this month.  The average farmland auction sale result dollars per CSR2 point was $96.04 for the month of October.  The average last month in September was $100.44 and the average for August 2016 was $98.43.

As we move into the end of harvest and Winter sets in farmland auctions will dominate our schedule.  If you are in selling a farm click the free evalution above at the top of the page to get an estimate of your farms value.

Location Date of Auction Acres Sold Price Paid Dollars per Acre CSR2  Average $/CSR2 Point
Appanoose

10/4/16

105.8

423,200

4,000.00

53.9

$74.21

Dallas

10/4/16

99

900,999

9,101.00

55.7

163.39

Pocahontas

10/5/16

100

820,000

8,200.00

82.4

$99.51

Grundy

10/5/16

117

918,450

7,850.00

86.4

$90.86

OBrien

10/6/16

80

576,000

7,200.00

85.9

$83.82

Muscatine

10/6/16

118.097

23,619.40

200

54.9

$3.64

Johnson

10/7/16

38

326,800

8,600.00

80

$107.50

Johnson

10/7/16

44

323,400

7,350.00

69.6

$105.60

Johnson

10/7/16

54

402,300

7,450.00

75.5

$98.68

Johnson

10/7/16

58

333,500

5,750.00

64.8

$88.73

Johnson

10/7/16

31

105,400

3,400.00

   
Wright

10/12/16

145

913,500

6,300.00

74.4

 
Keokuk

10/13/16

117

824,850

7,050.00

53.7

$131.28

Dickinson

10/14/16

48.5

329,800

6,800.00

76.2

$89.24

Dickinson

10/14/16

113.35

668,765

5,900.00

83.3

$70.83

Dickinson

10/14/16

76.88

511,252

6,650.00

84.1

$79.07

Davis

10/14/16

40

104,000

2,600.00

   
Hardin

10/14/16

80

648,000

8,100.00

81.6

$99.26

Hardin

10/14/16

80

556,000

6,950.00

78.2

$88.87

Keokuk

10/14/16

124

911,400

7,350.00

69.8

$105.30

Hancock

10/15/16

80

712,000

8,900.00

86.6

$102.77

Madison

10/18/16

460

2,794,960

6,076.00

61.7

$98.48

Jasper

10/19/16

20.81

160,237

7,700.00

94.1

$81.83

Jasper

10/19/16

98.19

274,932

2,800.00

64.8

$43.21

Floyd

10/19/16

40

368,000

9,200.00

94.8

$97.05

Marion

10/20/16

47.31

283,860

6,000.00

75.8

$79.16

Marion

10/20/16

42.37

228,798

5,400.00

74.4

$72.58

Louisa

10/24/16

15.1

78,520

5,200.00

46.6

$111.59

Louisa

10/24/16

121.89

487,560

4,000.00

52.9

$75.61

Louisa

10/24/16

51.36

231,120

4,500.00

60.6

$74.26

Louisa

10/24/16

23.34

91,026

3,900.00

58.8

$66.33

Louisa

10/24/16

125.6

417,620

3,325.00

50.2

$66.24

Lyon

10/25/16

40

432,000

10,800.00

84.8

$127.36

Plymouth

10/25/16

80

656,960

8,212.00

82.2

$99.90

Hancock

10/26/16

160

1,276,000

7,975.00

65.2

$122.32

Palo Alto

10/26/16

80

760,000

9,500.00

87.9

$108.08

Muscatine

10/27/16

71.86

410,000

5,705.54

65.1

$87.64

Muscatine

10/27/16

34.99

235,000

6,716.20

60

$111.94

Butler

10/27/16

80

568,000

7,100.00

88.6

$80.14

Plymouth

10/28/16

72.22

895,528

12,400.00

86.1

$144.02

Plymouth

10/28/16

80

960,000

12,000.00

84.3

$142.35

Sioux

10/28/16

40

670,000

16,750.00

93.5

$179.14

Carroll

10/29/16

156

1,045,200

6,700.00

74.5

$89.93

DreamDirt is a full service real estate brokerage and farm auction company based in Iowa providing auction,  land auction and real estate listing services.  Contact one of our team members about selling farmland, farm auctions, estates, retirements, appraisals, management and more.  We are always glad to help, even if its just to answer your questions and help you clear the fog from the process and helping you understand where to start.

DreamDirt Farm and Ranch Real Estate Iowa Sales Team

Jason Smith (712)592-8965 Jason@DreamDirt.com

Request a Free Valuation for Your Farm or Land Property

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