Week 15 2018 Iowa Farmland Auction Results | Current Farmland Prices
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 Farmland Sales Summary
As you would expect this time of year, week 15 is pretty dull. We are stuck in a really cold steak, soil temps won’t warm up, winter continues to linger with more snow this week and while the calendar says it is Spring Mother Nature isn’t paying much attention to “our plans” to get a crop planted this year.
Average Price Of Farmland In Iowa
Based on the 3 farmland auctions this week the average price of 80% tillable farmland in Iowa was $7,752.28. This calculates to an average of $101.17 per CSR2 point slightly below our current state average of $109.38 for 2018.
Farmland Sales Volume In Iowa
This week we are reporting on only 3 farmland auctions with 3 tracts each or 9 total parcels offered this week in the 80% tillable category. The charts this week continue to show increasing trendiness for farmland values, decreasing number of acres being offered and yet an increasing trend line for total volume sold by dollars.
Want helping learning what your farm is worth? Get a FREE Market Analysis for your farm from DreamDirt and increase your chances of getting the right price for your farm when you sell!
Iowa Farmland Auctions Report For april 8-14, 2018
County | Total Acres | Tillable Acres | Price Per Tillable Acre | CSR2 | $ per Tillable CSR2 | Price | % Tillable |
Lyon |
128.9 |
121.04 |
$7,125.00 |
80.9 |
$88.07 |
$862,410.00 |
93.90 |
Linn |
160 |
153.92 |
$11,300.00 |
84.5 |
$133.73 |
$1,739,296.00 |
96.20 |
Linn |
99 |
96.42 |
$12,400.00 |
89.2 |
$139.01 |
$1,195,608.00 |
97.39 |
Hardin |
164.84 |
161.12 |
$7,900.00 |
85.4 |
$92.51 |
$1,272,848.00 |
97.74 |
Hardin |
77 |
73.14 |
$8,300.00 |
84.9 |
$97.76 |
$607,062.00 |
94.99 |
Hardin |
158.59 |
126.75 |
$6,650.00 |
87.1 |
$76.35 |
$842,887.50 |
79.92 |
Cass |
160 |
145.65 |
$5,550.00 |
60.3 |
$92.04 |
$808,357.50 |
91.03 |
Cass |
77 |
69.07 |
$5,450.00 |
60.4 |
$90.23 |
$376,431.50 |
89.70 |
Cass |
71.42 |
69.11 |
$5,100.00 |
50.6 |
$100.79 |
$352,461.00 |
96.77 |
STATEWIDE TOTALS |
1096.75 |
1016.22 |
$7,752.78 |
75.92 |
$101.17 |
$8,057,361.50 |
92.66 |
Featured Iowa Farmland Auction
Join us for this farmland auction that will be conducted online only. This nice farm offers a great deal of potential upside for investors that target tillable farmland in a position to be developed. Learn more about this farm and how you can bid on it at www.DreamDirt.com
Request a Free Valuation for Your Farm or Land Property
Whether you’re ready to start the selling process, or even remotely curious, we will gladly provide you with a FREE Market Analysis! If you are in a position to sell land in the Midwest, we want to help you achieve the top of the market on your sale.
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