Week 15 2018 Iowa Farmland Auction Results | Current Farmland Prices

Apr 9, 2018 | Farmland Prices

Jason Smith

Jason Smith

Auctioneer, Land Broker, Founder

Jason is an Auctioneer and Land Broker in Iowa and the surrounding states.  The DreamDirt team of auctioneers, land brokers, and realtors specialize in farmland sales primarily serving the heirs to family farms all across Iowa and some surrounding states.  Today's report details Iowa's current land market for land sold at auctions.

Email: Jason@dreamdirt.com | 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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