Recent Farmland Sales in Iowa | May 12th – 18th, 2023
Iowa Farmland Prices May 12th – 19th, 2023 Report
A total of 541.15 acres were sold in Iowa this week. The average price per acre for the 7 land auctions was $9,950/acre and $150.96/CSR2 point. Learn more about CSR2.
How much is farmland in Iowa worth?
This week’s top-selling farm was in Cherokee County, IA which sold on May 19th. The farm was split into three tracts. The 77.12 acre tract sold for $14,100/acre or $161.51/CSR2. 146.27 acre tract sold for $13,600/acre and had a 80.2 CSR2 rating. The third tract of 78 acres sold for $11,700/acre or $140/CSR2.
The second farm that sold this week was in Clay County, Iowa which sold on May 17th by our team here at DreamDirt. 80 acres sold for $8,750/acre or $119.70/CSR2 and the other 80 acre farm with 68.7 CSR2 rating sold for $7,800/acre.
Third selling farm of the week was in Clinton County, Iowa. This farm was split into two tracts. 22.59 acres sold for $8,000/acre at $207.25/CSR2 on a 38.6 CSR2 farm and the 57.17 acre tract sold for $5,700/acre at $144.67/CSR2.
Check out the table below to see results from all farmland auctions in Iowa this week.
Farmland Appraisal for Iowa Land
Curious about what your land is worth and could potentially bring by selling by auction? Contact us today for a free market analysis!
Farmland For Sale in Iowa
We have farmland auctions coming up in Iowa! Check them out at bid.dreamdirt.com
118 Acres Farmland in Union County, IA
198.6 Acres Farmland in Sac, Buena Vista and Ida County, IA
When is the Best Time to Sell Farmland?
The answer can vary slightly depending on each scenario, but in general there is not a bad time of year to sell! Certain considerations such as type of land may sell better at certain times (hunting land sells better in-season) and the time of year may affect your terms and conditions of the sale, but your DreamDirt representative works with you to create demand and drive your sale forward regardless of the season.
Jason Smith
Auctioneer, Land Broker, Founder
Jason holds Auctioneer or Land Broker licenses in Iowa, Missouri, Minnesota, Nebraska, and South Dakota. His DreamDirt team is composed of auctioneers, land brokers, and realtors. They specialize in farmland sales primarily serving the heirs to family farms all across Iowa and surrounding states. We offer risk-free selling experiences and work hard to maximize the value of our client's assets using highly effective auction methods, technology, and powerful advertising.
Email: Jason@dreamdirt.com | Phone: (515) 537-6633
Recently Sold Farmland In Iowa 2023 – Average Price and Auction Results
| County | Total Acres | Tillable Acres | Price Per Tillable Acre | CSR2 | $ per Tillable CSR2 | Price | % Tillable | Date |
|---|---|---|---|---|---|---|---|---|
| Clinton | 57.17 | 46.9 | $5,700.00 | 39.4 | $144.67 | $325,869.00 | 82.04 | 5/16/23 |
| Clinton | 22.59 | 18.5 | $8,000.00 | 38.6 | $207.25 | $180,720.00 | 81.89 | 5/16/23 |
| Clay | 80 | 78 | $7,800.00 | 68.7 | $113.54 | $624,000.00 | 97.50 | 5/17/23 |
| Clay | 80 | 79 | $8,750.00 | 73.1 | $119.70 | $700,000.00 | 98.75 | 5/17/23 |
| Cherokee | 77.12 | 73.58 | $14,100.00 | 87.3 | $161.51 | $1,087,392.00 | 95.41 | 5/19/23 |
| Cherokee | 78 | 70.17 | $11,700.00 | 83.3 | $140.46 | $912,600.00 | 89.96 | 5/19/23 |
| Cherokee | 146.27 | 126 | $13,600.00 | 80.2 | $169.58 | $1,989,272.00 | 86.14 | 5/19/23 |
| STATEWIDE TOTALS | 541.15 | 492.15 | $9,950.00 | 67.23 | $150.96 | $5,819,853.00 | 90.95 |
Rachel Tiffany
Farmland Auctioneer | Land Broker
Rachel is a licensed real estate salesperson specializing in the sale of farm, land, and rural residential real estate. She is a graduate of Iowa State University with a major in Animal Science and a minor in Agricultural Business. Rachel has a strong interest in valuations and appraisal of rural properties and studied Rural Property Appraisal at Iowa State. She also works for DreamDirt as the Online Auction Coordinator building and facilitating their online land and equipment auctions.
Email: rachel@dreamdirt.com | Phone: (515) 954-8063
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