WEST CENTRAL IOWA TILLABLE FARMLAND PRICES

As we reach the end of 2022, and the Iowa State University Land Value Survey has been released, we have some numbers to compare to our own data.  We compiled facts from that report in a recent blog post, Statewide Iowa Farmland Prices in 2023 Annual Report.  Our data is collected from actual sales of 80% tillable farmland.  It is time for a recap of farmland sales in West Central, Iowa for the year and hopefully gain some insight into 2023.  You can always view our Real-Time Current Farmland Price Data in Iowa which is updated frequently.

Realtors Land Institute Survey

In March of 2022, we saw results from the Realtors Land Institute land value survey showing a top value of West Central, Iowa farmland at $14,456 per acre, up from the 6 months the previous report of $12,504 for the highest quality cropland.  Moderate quality farms during the same period showed considerable strength in West Central, Iowa coming in at $11,242 per acre. Again up from the previous 6 months’ value of $9,654 per acre. The lowest quality farms in West Central, Iowa during the same time period showed less price appreciation moving from $7,135 per acre to $8,269 per acre at the March 2022 point.  The same report for the fall of 2022 released in September showed less gain in high-quality farmland moving from $14,013 in March 2022 to just $14,472 in September 2022.  The slower appreciation was also evident in medium-quality farms which moved from $10,721 to $11,041 per acre by the Fall of 2022. Low-quality farms achieved $7,702 up from $7,580 per acre.

Jason Smith

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 comprised 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

Non-Tillable and Timber Land Sales in West Central, Iowa

Non-tillable pasture land in West Central, Iowa’s average value in September 2022 was $4,256 per acre, which tended to catch most contributory acres of non-tillable production in the Loess Hills landscape.  Timberland values in September 2022 were averaging $3,804 per acre.  The non-tillable and timber acres tend to be looked at as contributory value in this region of Iowa because they are often mixed with tillable land.  There are very few farms that are only one or the other.  Just prior to writing this report I attended a land auction in Monona County near Castana of 191 acres which were predominantly timber.  Only 35 were tillable, yet the farm sold for $5,200 per acre overall.  The right mixes are often very appealing to hunters that can afford land.  The rarity of large timber tracts available in this area tends to send them above the average when sold by auction.  Many of the comparable sales in this area by private sales almost always are below the auction values we see.

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WEST CENTRAL IOWA FARM REAL ESTATE & AUCTION COMPANY

DreamDirt is a specialized farm and land auction company. We help our clients achieve the top value for their farmland using auction marketing methods and today’s top technologies. Our company employs land brokers and auctioneers with specialties in the appraisal, farm management, and coordination of highly effective and powerful marketing campaigns for your farmland.  Our in-house staff of administrative assistants is experts at real estate transaction management & settlement, content creation, marketing strategy, advertising technology, and the important things that help DreamDirt not only spotlight your property but maximize participation in your auction or sale.  Our services help our clients achieve the outcomes they deserve and ensure everything is done smoothly and safely for you.  Our free farmland auction consultation and demonstration meetings are always highly rated by our clients and easy to set up.  Let us show you how to get a better appraisal price for your farm.

West Central, Iowa Counties

West Central, Iowa is comprised of 12 different Counties.  Woodbury, Ida, Sac, Calhoun, Monona, Crawford, Carroll, Greene, Harrison, Shelby, Audubon, and Guthrie.  Larger cities in this region include Sioux City, Ida Grove, Sac City, Rockwell City, Onawa, Denison, Carroll, Scranton, Missouri Valley, Harlan, Audubon, and Guthrie Center.  West Central, Iowa borders the Missouri River and includes Interstate 29 and Interstate 35.  A portion of the region is located in the Omaha Metropolitan Statistical Area and includes a large portion of the Loess Hills landform.  West Central Iowa is a destination for out-of-state hunters that come to Iowa to hunt turkey and deer and some farms are purchased solely for hunting in this area.

Woodbury County, Iowa Farmland Prices and Auction Results

farm statistics for west central iowa

Date

County

Total Acres

Tillable Acres

Price Per Tillable Acre

CSR2

$ per Tillable CSR2

Price

% Tillable

6/15/22

Woodbury

120

115.1

$12,250.00

73.9

$165.76

$1,470,000.00

95.92

6/10/22

Woodbury

141

137.78

$10,600.00

48.3

$219.46

$1,494,600.00

97.72

6/15/22

Woodbury

160

156.72

$10,600.00

61.8

$171.52

$1,696,000.00

97.95

3/22/22

Woodbury

63.03

63.03

$16,750.00

88

$190.34

$1,055,752.50

100.00

3/22/22

Woodbury

13.27

13.27

$17,500.00

92

$190.22

$232,225.00

100.00

8/29/22

Woodbury

35.45

35.45

$15,000.00

48

$312.50

$531,750.00

100.00

Average/Total


532.75

521.35

$13,783.33

68.6

$208.30

$6,480,327.50

98.60

Woodbury County is in the Northwest corner of West Central, Iowa and includes Sioux City.  It has a weighted average CSR2 rating of 56.8 which is the lowest in West Central, Iowa.  Farmland sold in Woodbury County that was 80% tillable and sold by auction averaged $13,783 per acre.  Sales volume was 532.75 total acres with an average CSR2 rating of 68.6.  That puts Woodbury County at an average per CSR2 point price of $208.30.  2022 was the first time Woodbury County land prices broke the $200 per point mark.  Land auctions in Woodbury County are a great match for tillable farmland.  There is also significant demand for pasture land in Woodbury county and those farms sell by auctions as well. This report only measures farms that are at least 80% of tillable farmland.  If you are selling land that is less than 80% tillable you can find additional information about land prices on our Current Iowa Farmland Prices page.

Ida County, Iowa Farmland Prices and Auction Results

farm statistics ida county iowa

Date

County

Total Acres

Tillable Acres

Price Per Tillable Acre

CSR2

$ per Tillable CSR2

Price

% Tillable

7/28/22

Ida

118.25

116.75

$9,100.00

76.9

$118.34

$1,076,075.00

98.73

8/15/22

Ida

113.93

110

$11,900.00

64.1

$185.65

$647,942.00

96.55

8/17/22

Ida

80

71.47

$18,400.00

85.9

$214.20

$1,665,940.00

89.34

8/17/22

Ida

80

78.40

$20,300.00

92.9

$218.51

$1,665,940.00

98.00

8/23/22

Ida

157.34

153.23

$10,000.00

61.8

$161.81

$1,573,400.00

97.39

8/23/22

Ida

78

77

$9,800.00

63.5

$154.33

$764,400.00

98.72

8/25/22

Ida

219.18

212.23

$23,400.00

93.2

$251.07

$5,128,812.00

96.83

8/26/22

Ida

90.44

82.98

$13,500.00

84.8

$159.20

$1,220,940.00

91.75

8/26/22

Ida

118.71

118.01

$10,400.00

85.3

$121.92

$1,234,584.00

99.41

8/29/22

Ida

200

186.62

$21,000.00

86.9

$241.66

$4,200,000.00

93.31

8/29/22

Ida

40

39.22

$21,000.00

93.5

$224.60

$840,000.00

98.05

10/11/22

Ida

145.46

136.57

$14,350.00

89

$161.24

$2,087,351.00

93.89

10/18/22

Ida

116.7

113.50

$16,400.00

92.8

$176.72

$1,913,880.00

97.26

Average/Total


1558.01

1495.98

$15,350.00

82.35

$183.79

$24,019,264.00

96.09

Ida County has a weighted average CSR2 rating of 76.9.  This is higher than Woodbury County To the west at 56.8 and lower than Sac County to the east at 84.3.  Ida County has more rolling hills and that slope is a deduction in the CSR2 rating.  The county has predominantly Loess parent material soils except in low-lying river bottoms.  The north side of the county is flatter and tends to be home to the highest quality farmland in Ida County.  Tillable farmland that sold in Ida County at auction averaged $15,350 per acre and had an average CSR2 of 82.35.  Dollars per CSR2 point for all acres sold came in at $183.79.

Sac County, Iowa Farmland Prices and Auction Results

farm statistics sac county iowa

Date

County

Total Acres

Tillable Acres

Price Per Tillable Acre

CSR2

$ per Tillable CSR2

Price

% Tillable

12/9/22

Sac

83.49

68.49

$8,600.00

73.1

$117.65

$718,014.00

82.03

7/28/22

Sac

319.39

287.43

$13,300.00

82.5

$161.21

$4,247,887.00

89.99

10/18/22

Sac

80

76.37

$15,350.00

83

$184.94

$1,228,000.00

95.46

4/13/22

Sac

80

76.43

$19,000.00

85.5

$222.22

$1,452,170.00

95.54

11/15/22

Sac

33

32.07

$16,900.00

90.5

$186.74

$557,700.00

97.18

11/18/22

Sac

67.67

66.06

$17,900.00

89.8

$199.33

$1,211,293.00

97.62

11/22/22

Sac

111

108.60

$17,100.00

88.6

$193.00

$1,898,100.00

97.84

6/17/22

Sac

71.73

70.92

$17,500.00

86.8

$201.61

$1,255,275.00

98.87

3/11/22

Sac

43.17

43.17

$10,100.00

62.4

$161.86

$436,017.00

100.00

6/17/22

Sac

90.50

90.5

$19,250.00

85.8

$224.36

$1,742,125.00

100.00

6/17/22

Sac

140

140

$17,500.00

86.1

$203.25

$2,450,000.00

100.00

6/17/22

Sac

67

67

$17,300.00

86

$201.16

$1,159,100.00

100.00

6/17/22

Sac

77

77

$15,700.00

84

$186.90

$1,208,900.00

100.00

6/17/22

Sac

79

79

$14,300.00

79

$181.01

$1,129,700.00

100.00

12/14/22

Sac

60

60

$16,700.00

88

$189.77

$1,002,000.00

100.00

6/17/22

Sac

101.50

101.51

$17,900.00

84.7

$211.33

$1,816,850.00

100.01

Average/Total


1504.45

1444.55

$15,900.00

83.48

$189.15

$23,513,131.00

97.16

Sac County sits just below Northwest, Iowa and northern Sac County has some of the best farmland in Iowa. Southern Sac County is very competitive but sale prices tend to be lower and farms tend to get more sloped farther south of Odebolt. Sac borders Buena Vista County to the north. The area from south of Schaller to Odebolt is often referred to as “The Breadbasket” and has exceptionally high CSR2 ratings over a large area.  Farms with 90+ CSR2 ratings are common in this area.  Farmland sold in Sac County averaged $15,900 per acre with the highest farm selling at $19,250 per acre.  The average per acre price is slightly skewed by one comparable sale in the chart at $8,600 per acre.  Without that sale included the average is $16,703.  From our experience, there is significant competition for farms in Sac County and the auctions there tend to be very active.

Calhoun County, Iowa Farmland Prices and Auction Results

Farm Statistics for Calhoun County Iowa

Date

County

Total Acres

Tillable Acres

Price Per Tillable Acre

CSR2

$ per Tillable CSR2

Price

% Tillable

5/12/22

Calhoun

105.33

101

$10,550.00

64.4

$163.82

$1,111,231.50

95.89

5/17/22

Calhoun

77

76.91

$12,450.00

83.3

$149.46

$958,650.00

99.88

6/8/22

Calhoun

159.95

156.25

$11,900.00

81.9

$145.30

$1,903,405.00

97.69

6/10/22

Calhoun

68.51

68.14

$18,500.00

85.5

$216.37

$1,267,435.00

99.46

6/14/22

Calhoun

148

148

$15,750.00

73.9

$213.13

$2,331,000.00

100.00

6/14/22

Calhoun

308

295.26

$17,000.00

85

$200.00

$5,236,000.00

95.86

9/14/22

Calhoun

76

75.22

$18,700.00

87.3

$214.20

$1,421,200.00

98.97

10/5/22

Calhoun

40

39.1

$18,100.00

86.3

$209.73

$724,000.00

97.75

10/20/22

Calhoun

114.57

111.86

$14,000.00

82.7

$169.29

$1,603,980.00

97.63

11/3/22

Calhoun

156.07

151

$14,000.00

84.5

$165.68

$2,184,980.00

96.75

11/4/22

Calhoun

160

157.04

$15,500.00

86.3

$179.61

$2,480,000.00

98.15

11/9/22

Calhoun

77.86

75.37

$10,600.00

81.1

$130.70

$825,316.00

96.80

11/9/22

Calhoun

80.27

79

$13,100.00

84.5

$155.03

$1,051,537.00

98.42

11/9/22

Calhoun

74.94

74.38

$15,000.00

86.1

$174.22

$1,124,100.00

99.25

11/16/22

Calhoun

136

133.19

$11,900.00

80

$148.75

$1,618,400.00

97.93

11/22/22

Calhoun

55.05

53.22

$16,600.00

88.2

$188.21

$913,830.00

96.68

12/8/22

Calhoun

18.74

18.74

$12,750.00

87.9

$145.05

$238,935.00

100.00

Average/Total


1856.29

1813.68

$14,494.12

82.87

$174.62

$26,993,999.50

98.07

Calhoun County has the highest CSR2 rating of all the counties in West Central, Iowa at 85.7. In the northwest quarter of Iowa, Calhoun ranks 2nd place for soil quality out of 24 counties.  The only county higher is O’Brien County at 91.5.  Calhoun County is primarily flat.  The northern side of the county is nearly perfect farmland while the south side isn’t far behind it does include a few more occlusions from the North Branch of the Raccoon River which does at times cause some flooding and has more pasture area.  All of the farms selling in Calhoun County averaged $14,494 and had an average CSR2 of 82.87.  The lowest-selling farm was at $10,550 while the highest-selling farm was at $18,700 per acre.  On a per CSR2 point sales averaged $174.62 which was lower than Sac County to the west with a slightly lower CSR2 average.  Multiple farms broke the $200 per CSR2 point with the highest sale at $216.37 per point.

Monona County, Iowa Farmland Prices and Auction Results

farm statistics for Monona County Iowa

Date

County

Total Acres

Tillable Acres

Price Per Tillable Acre

CSR2

$ per Tillable CSR2

Price

% Tillable

3/4/22

Monona

65.76

64.34

$16,000.00

70.3

$227.60

$1,029,440.00

97.84

6/10/22

Monona

160

147.14

$5,000.00

58.3

$85.76

$800,000.00

91.96

6/14/22

Monona

126

109.53

$16,600.00

86.7

$191.46

$2,091,600.00

86.93

6/14/22

Monona

134

124.43

$14,700.00

86.1

$170.73

$1,969,800.00

92.86

7/15/22

Monona

192.93

176.95

$14,500.00

90.5

$160.22

$2,797,485.00

91.72

8/15/22

Monona

154

133.15

$8,000.00

58.4

$136.99

$304,200.00

86.46

9/21/22

Monona

158

151.69

$10,025.00

57

$175.88

$1,583,950.00

96.01

11/17/22

Monona

73.65

73.65

$14,000.00

60.1

$232.95

$1,031,100.00

100.00

Average/Total


1064.34

980.88

$12,353.13

70.92

$172.70

$11,607,575.00

92.97

Monona County is located along the Missouri River in far western Iowa.  It has a large portion of the Loess Hills landform which is steepest on the very western edge.  The average CSR2 rating for the entire county is 57.6 and a significant portion of Monona County is timber.  Many of the timber farms in the area are sought after by hunters and out-of-state investors for hunting.  The Missouri River bottom is a distinctly different landform from the hills.  Many of the river bottom soils tend to be lower quality high carbon soils that are tough to work in any conditions.  The farmers in Monona County know how to do it though and the bottom farms broke $10,000 per acre for the first time ever in 2022 on a DreamDirt auction.  The Whiting area has a large area of high-quality soils where the seed is grown and the Maple River Valley along highway 175 has some very high-quality north of 90 CSR2-rated farms.  The highest-selling farm. in Monona County this year was at $16,600 per acre which was $191.46 per CSR2 point.  The highest per CSR2 point sale was at $14,000 per acre but $232.95 per point.  The lowest-selling farm in Monona was at $5,000 per acre and only $85.76 per point.  This was a significantly low-quality farm with drainage issues.  Monona County farmland sells by auction and is a common means of selling farmland.

Crawford County, Iowa Farmland Prices and Auction Results

farm statistics for Crawford County Iowa

Date

County

Total Acres

Tillable Acres

Price Per Tillable Acre

CSR2

$ per Tillable CSR2

Price

% Tillable

1/18/22

Crawford

80

70

$13,600.00

68.3

$199.12

$952,000.00

87.50

5/14/22

Crawford

178.62

166.2

$9,000.00

63

$142.86

$1,607,580.00

93.05

8/6/22

Crawford

153.3

147.98

$12,500.00

69.6

$179.60

$1,916,250.00

96.53

9/10/22

Crawford

38

35

$9,400.00

71.5

$131.47

$357,200.00

92.11

9/10/22

Crawford

36.83

36.67

$15,100.00

78.9

$191.38

$556,133.00

99.57

9/29/22

Crawford

160

139.97

$9,900.00

72.9

$135.80

$1,584,000.00

87.48

Average/Total


646.75

595.82

$11,583.33

70.7

$163.37

$6,973,163.00

92.70

Crawford County has an average CSR2 rating of 67.9 and much of the county is rolling hills which has an impact on soil ratings.  Most farmland in the county is terraced and many soil conservation practices are in place in this area.  That said there is significant competition for farmland in Crawford County. This healthy appetite leads to successful auctions county-wide.  The average value of farmland sold in Crawford County was $11,583 per acre with the highest-selling farm at $15,100 per acre.  The lowest-selling farm was. at $9,000 per acre.  The average per CSR2 point average for all sales of 80% tillable farmland was $163.37

Carroll County, Iowa Farmland Prices and Auction Results

farm statistics for Carroll County Iowa

Date

County

Total Acres

Tillable Acres

Price Per Tillable Acre

CSR2

$ per Tillable CSR2

Price

% Tillable

3/15/22

Carroll

59

55.77

$11,100.00

50.4

$220.24

$619,047.00

94.53

4/2/22

Carroll

116.17

109.46

$15,000.00

75.4

$198.94

$1,641,900.00

94.22

6/14/22

Carroll

55

53.86

$17,100.00

71.3

$239.83

$940,500.00

97.93

8/6/22

Carroll

131

131.13

$13,600.00

82.9

$164.05

$1,781,600.00

100.10

9/30/22

Carroll

96.65

93.85

$17,300.00

82.3

$210.21

$1,672,045.00

97.10

10/21/22

Carroll

199.38

194.30

$16,500.00

78

$211.54

$3,289,770.00

97.45

11/7/22

Carroll

69

66.70

$17,200.00

81.3

$211.56

$1,186,800.00

96.67

11/7/22

Carroll

75

73.07

$17,900.00

88.9

$201.35

$1,342,500.00

97.43

11/8/22

Carroll

141

131.42

$11,500.00

70.4

$163.35

$1,621,500.00

93.21

11/14/2022

Carroll

320

292.21

$18,000.00

86.4

$208.33

$5,760,000.00

91.32

11/14/2022

Carroll

320

299.91

$20,000.00

88.2

$226.76

$6,400,000.00

93.72

11/15/22

Carroll

80

77.10

$18,600.00

88.1

$211.12

$1,488,000.00

96.38

11/15/22

Carroll

160

155.85

$18,700.00

87.7

$213.23

$2,992,000.00

97.41

Average/Total


1763.2

1678.86

$16,783.33

81.74

$205.02

$30,116,615.00

96.08

Carroll County has an average CSR2 rating of 77.2 and is located on the eastern edge of the region.  Carroll County is home to some beautiful farmland and good-quality soils.  Our farmland auctions in Carroll County have been very well attended and. we always find very active competition for farmland in Carroll County.  The average of all farmland sold in the 80% tillable class averaged $16,783 per acre and the average of farmland sold on a per CSR2 point broke $200 per point at $205.02.  This is a significant measure of the competition in farmland sales in any county during this year.  The highest sale was $20,000 per acre but the highest per CSR2 pint sale was at $239.83 on a $17,100 per acre sale of 55 acres.  

Greene County, Iowa Farmland Prices and Auction Results

farm statistics for Greene County Iowa

Date

County

Total Acres

Tillable Acres

Price Per Tillable Acre

CSR2

$ per Tillable CSR2

Price

% Tillable

3/15/22

Greene

160

157.66

$14,050.00

85.4

$164.52

$2,215,123.00

98.54

4/26/22

Greene

117.37

117.37

$16,200.00

85.5

$189.47

$1,901,394.00

100.00

4/26/22

Greene

44.76

44.76

$17,025.00

87.6

$194.35

$762,039.00

100.00

8/18/22

Greene

80

77.29

$15,500.00

85.9

$180.44

$1,665,940.00

96.61

9/8/22

Greene

320

306.51

$16,000.00

87.4

$183.07

$5,120,000.00

95.78

9/29/22

Greene

80

76.22

$20,600.00

84.3

$244.37

$1,648,000.00

95.28

10/4/22

Greene

156.97

154.26

$14,100.00

87.2

$161.70

$2,213,277.00

98.27

12/16/22

Greene

120

117.16

$16,500.00

87.3

$189.00

$1,980,000.00

97.63

Average/Total


919.1

893.57

$16,560.71

86.45

$191.77

$15,290,650.00

97.65

Greene County Iowa is home to higher quality farmland averaging 80.1 CSR2 countywide.  The county is dissected by the North Raccoon River which affects the overall county average so the farmland selling tends to be 5-7 points above the county average.  Greene County is on the far eastern edge of the region and borders Central, Iowa.  There tends to be more investor influence as you move into the Central, Iowa region.  The average of all farmland auction sales of 80% of tillable farmland in Greene County was $16,560 per acre averaging $191.77 per CSR2 point.  The highest-selling farm per acre was $20,600 per acre and the lowest was $14,050.  The highest per CSR2 point sale was $244.37 and the lowest was $161.70 per point.

Harrison County, Iowa Farmland Prices and Auction Results

farm statistics for Harrison County Iowa

Date

County

Total Acres

Tillable Acres

Price Per Tillable Acre

CSR2

$ per Tillable CSR2

Price

% Tillable

3/21/22

Harrison

111

108.59

$7,450.00

57

$130.70

$808,995.50

97.83

3/21/22

Harrison

209.5

209.5

$12,500.00

66.5

$187.97

$2,618,750.00

100.00

3/25/22

Harrison

79.77

79.77

$8,000.00

53.7

$148.98

$638,160.00

100.00

6/6/22

Harrison

112.15

105

$12,250.00

54.8

$223.54

$1,373,837.50

93.62

6/6/22

Harrison

111.5

112

$11,800.00

46.8

$252.14

$1,315,700.00

100.45

6/27/22

Harrison

101.2

91.26

$11,000.00

54.9

$200.36

$1,113,200.00

90.18

6/28/22

Harrison

129.33

118.77

$11,100.00

43.7

$254.00

$1,435,563.00

91.83

11/18/22

Harrison

66.46

66.46

$13,600.00

81

$167.90

$903,856.00

100.00

Average/Total


809.91

782.76

$11,464.29

57.34

$204.98

$9,399,066.50

96.58

Harrison County Iowa is on the western side of the region and like its neighbor, Monona County has similar topography and breakdown but a slightly higher overall CSR2 average of 59.5.  The western side of the county is flat Missouri River bottom soils with lots of heavy Luton-type soils.  From Missouri Valley to Little Sioux along Interstate 29 the western edge of the traverse the county north to south.  Harrison County has more influence from the Omaha Metropolitan area and more development in the southwest corner of the county.  Throughout the Missouri Valley to Woodbine area, there are multiple housing developments that have moved into rural areas.  The highest-selling tillable farm in Harrison County was at $13,600 per acre while the average for the county for 2022 was $11,464 per acre.  The average dollars per CSR2 point broke $200 in Harrison County at $204.98. The highest-selling farm per CSR2 point sold at $254 per CSR2 point.

Shelby County, Iowa Farmland Prices and Auction Results

farm statistics for shelby County Iowa

Date

County

Total Acres

Tillable Acres

Price Per Tillable Acre

CSR2

$ per Tillable CSR2

Price

% Tillable

6/27/22

Shelby

86.5

70.09

$14,300.00

74.6

$191.69

$1,236,950.00

81.03

4/4/22

Shelby

249.30

232.94

$9,800.00

69.9

$140.20

$2,282,812.00

93.44

4/28/22

Shelby

152

146.12

$13,100.00

70.8

$185.03

$1,914,172.00

96.13

9/30/22

Shelby

67.26

65.14

$17,300.00

71.9

$240.61

$1,163,598.00

96.85

11/15/22

Shelby

70.31

68.12

$13,400.00

74.9

$178.91

$942,154.00

96.89

6/2/22

Shelby

101.81

99.31

$15,700.00

81.7

$192.17

$1,598,417.00

97.54

11/15/22

Shelby

79

77.81

$13,700.00

74.5

$183.89

$1,082,300.00

98.49

9/30/22

Shelby

212.45

209.6

$15,800.00

67.1

$235.47

$3,356,710.00

98.66

8/31/22

Shelby

156.1

154.65

$16,100.00

68.7

$234.35

$2,513,210.00

99.07

7/25/22

Shelby

156

155.20

$15,000.00

68

$220.59

$2,340,000.00

99.49

9/17/22

Shelby

144.04

149.18

$16,100.00

73.9

$217.86

$2,319,044.00

103.57

Average/Total


1388.27

1358.07

$14,600.00

72.14

$202.91

$19,512,417.00

98.01

Shelby County has an average CSR2 rating of 68.2 across the county.  Shelby County had a top-selling per acre price of $17,300 in August of 2022.  That sale eclipses all other sales by $1,200 per acre higher than the 2nd place sale at $16,100 per acre.  It’s easy to see by looking at the sale results early in 2022 stayed under the $200 per CSR2 point range but around July there appears to have been a major shift in Shelby County farmland sales where all sales broke the $200 a point range by a significant amount.  It’s very evident in the Shelby County results that the jump mid-year in farmland values by $30-$50 per CSR2 pint.  The average farmland sold per acre was $14,600 per acre and the average CSR2 per point just broke $202 for the year.  There is strong demand for farmland in Shelby County going into 2023.

Audubon County, Iowa Farmland Prices and Auction Results

farm statistics for Audubon County Iowa

Date

County

Total Acres

Tillable Acres

Price Per Tillable Acre

CSR2

$ per Tillable CSR2

Price

% Tillable

6/9/22

Audubon

116.93

96.55

$8,800.00

69

$127.54

$1,028,984.00

82.57

6/9/22

Audubon

109.54

99.94

$8,400.00

63.6

$132.08

$920,136.00

91.24

7/19/22

Audubon

160

151.76

$15,100.00

73.6

$205.16

$2,416,000.00

94.85

7/19/22

Audubon

192

189.49

$12,100.00

73.6

$164.40

$2,323,200.00

98.69

Average/Total


461.54

441.19

$11,866.67

70.26

$167.21

$5,659,336.00

94.93

Audubon County had 5 farmland auctions of 80% tillable farmland in 2022.  Audubon County has an average CSR2 rating of 67.9 and of the sales logged in Audubon, the average farmland sale was $11,866 per acre.  Audubon County has a significant amount of cattle production and pasture land.  Again with the results, you can see the mid-year appreciation of farmland values.  The highest-selling farm sold for $15,100 per acre in July and the highest per CSR2 point sale was $205.16 on the same scale.  The average sale per CSR2 point was $167.21 in Audubon County.

Guthrie County, Iowa Farmland Prices and Auction Results

farm statistics for Guthrie County Iowa

Date

County

Total Acres

Tillable Acres

Price Per Tillable Acre

CSR2

$ per Tillable CSR2

Price

% Tillable

1/25/22

Guthrie

136.75

123.83

$8,100.00

54.4

$148.90

$1,003,023.00

90.55

2/15/22

Guthrie

34.4

32

$10,050.00

72.5

$138.62

$321,600.00

93.02

3/2/22

Guthrie

62.79

55.4

$7,100.00

45.2

$157.08

$393,340.00

88.23

3/31/22

Guthrie

143.65

137.85

$13,800.00

89.7

$153.85

$1,902,330.00

95.96

3/31/22

Guthrie

40

38.71

$16,600.00

89.4

$185.68

$642,586.00

96.78

8/14/22

Guthrie

16

15.93

$6,600.00

60.2

$109.63

$105,600.00

99.56

8/25/22

Guthrie

120

111.92

$16,000.00

80.2

$199.50

$1,920,000.00

93.27

9/13/22

Guthrie

95.16

77.36

$7,000.00

65.6

$106.71

$666,120.00

81.29

Average/Total


512

469.17

$11,021.43

71.82

$150.15

$5,951,576.00

92.59

Guthrie County Farmland has an average CSR2 rating of 61.2 and like its neighbor Audubon, there is significant beef cattle production in the county.  The average sale of farmland across the county was $11,021 per acre and an average sale per CSR2 point of $150.15 which was the lowest for the West Central Region.  The highest per CSR2 point sale was $199.50 with no results breaking the $200 mark.  The lowest sale was at $106.71 per CSR2 point.  

What Would Your Farmland Sell For?

When you look at the results above you can see there is a difference.  When it comes to selling farmland you only get one chance to get it right.  A lot of effort goes into a farmland sale or auction and at DreamDirt we have very powerful tools to help you expose your farm to the most land buyers.  We dig in deep using our proprietary resources, our one-of-a-kind farmland auction software, and significant data resources.  We are thorough, thoughtful, and resourceful and that is why we produce top-of-the-market price outcomes for our clients time and time again.  In 2022, our company produced yet another farmland price record-breaking all-time records across the Midwest with a sale of farmland in SE Nebraska.  Read about this record-breaking farmland sale.

DreamDirt Top Producing Farmland Sales Professionals for West Central, Iowa

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