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Week 15 2018 Iowa Farmland Auction Results | Current Farmland Prices

By Jason Smith, CAI Auctioneer | Land Broker | Published April 09, 2018

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.

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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

Selling Farmland in Iowa

Farmland appraisers in Iowa

Ensuring good results for your good quality Iowa farm real estate today really means that your exposure needs to be very thorough and across all channels of communication to ensure as much competition as possible for the farm.  If you are thinking of selling a farm DreamDirt can help you find the top of the market on your farm. There are many considerations before selling a farm and we can help guide you through the process.  You’ll find that our system is very simple for you and capable of reaching the right people very fast.  We know you’ll have many questions but let us help you put your mind at ease. You can contact me directly Iowa farmland Auctioneers Jason Smith, CAI 712-592-8965 and Tom Bradley 515-202-7687 or send me a request to help you value your farm and learn more about selling Iowa farm real estate.  Get a Free Farmland Market Analysis

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