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Iowa's June Farmland Sales Summary

By Jason Smith, CAI Auctioneer | Land Broker | Published July 16, 2019

Iowa Farmland Sales Volume for 80% Tillable Farms

Farmland Prices in Iowa For june, 2019

Land prices over the past few months have remained fairly steady. June 2019 tillable land values are sitting right at the 6-month trend line and look to have potential for positive growth. Taking into consideration of the weather this season, the markets are right on track to where we would expect them to be at. 

In addition to the weather not being ideal for planting this spring, the crops that did get planted could generate a lower yield come harvest. The crops were not planted as early as farmers would have hoped which leads to later pollination and harvest. Even though the 2019 crop may not produce record yields, the land prices are still looking positive in the months to come due to the rally of corn prices. The increase in corn prices are giving hope to those looking to sell farmland this coming fall, winter, or spring, and the land market should remain steady in the months to come.

Year-to-date trends and month-long trends can be found in the graphs below.

Get a Free Valuation For Your Farm or Land Property

 

Average Price Per CSR2 Point for Iowa Farmland

The average price per CSR2 point in June 2019 increased to $102.80, across all 80% tillable farms sold at auction in Iowa. This is a slight increase from the previous month of May.

The CSR2 point rating is a measure of the soil's productivity out of a scale of 100. It is important to remember that monthly variations depend on the quality of farms sold that month. A longer period of time such as six months to a year is the best representation of the price per CSR2 point.

Iowa Farmland Prices CSR2 YTD-4

 

Average Price Per Acre of Tillable Farmland in Iowa

We saw an average price of $8,229.19 per tillable acre of farmland in June 2019. The monthly average is on a steady decrease for the two previous months of April and May. Tillable land for the month of June is above the 6-month trend line, which has steadily increased since the beginning of the year.

Iowa Farmland Prices Per Acre YTD-7

 

Selling Farmland in Iowa

 Selling a farm doesn't have to be a scary or stressful experience. If you are considering selling farmland in Iowa, DreamDirt can help you learn what your farm is worth for free. Not only that, but we have the data and expertise to offer you professional guidance in the marketing and sale of your land. You can call us at 515-537-6633 or click the link below to learn more.

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june 2019 Average Price Per Acre of Farmland 

 

 Iowa Farmland Prices Per Acre - Month View-10

 

Iowa Farmland Prices - 12 Month Rolling Summary

 
 Iowa Farmland Prices Per Acre 12 Month-10
 
Iowa Farmland Acres Sold 12 Month-6
 
Iowa Farmland Prices CSR2 12 month -6
 
 

Iowa Farmland Sales Report for june 2019 - 80% Tillable Farms

STATEWIDE TOTALS

2384.76

2276.31

$8,229.19

79.63

$102.80

$18,831,655.71

95.45

County

Total Acres

Tillable Acres

Price Per Tillable Acre

CSR2

$ per Tillable CSR2

Price

% Tillable

Van Buren

81.3

81

$6,300.00

51.7

$121.86

$512,190.00

99.63

Kossuth

89

76.18

$6,250.00

66.5

$93.98

$556,250.00

85.60

Humboldt

262.92

243

$5,488.00

76.3

$71.93

$1,442,904.96

92.42

Dickinson

80

78.26

$9,350.00

86.7

$107.84

$748,000.00

97.83

Dickinson

80

79.7

$8,850.00

85.6

$103.39

$708,000.00

99.63

Dickinson

34

33.1

$7,300.00

83.3

$87.64

$248,200.00

97.35

Greene

79

75.12

$8,750.00

82.3

$106.32

$691,250.00

95.09

Greene

68.29

65.58

$8,775.00

84.2

$104.22

$599,244.75

96.03

Clay

79.3

76.56

$8,500.00

82.7

$102.78

$674,050.00

96.54

Cedar

70

67.55

$11,000.00

95.7

$114.94

$770,000.00

96.50

Mitchell

92.23

90.23

$8,150.00

75.7

$107.66

$751,674.50

97.83

Mitchell

140.51

137.45

$7,150.00

81.6

$87.62

$1,004,646.50

97.82

Mitchell

20

19.75

$8,000.00

81.7

$97.92

$160,000.00

98.75

Benton

59.28

59.28

$10,300.00

86.4

$119.21

$610,584.00

100.00

Mitchell

160

149.82

$7,100.00

87.4

$81.24

$1,136,000.00

93.64

Mitchell

80

79

$10,125.00

94.1

$107.60

$810,000.00

98.75

Madison

60

58.7

$5,500.00

64.4

$85.40

$330,000.00

97.83

Floyd

115

95.1

$4,400.00

72.2

$60.94

$506,000.00

82.70

Pocahontas

132

130

$5,500.00

66.9

$82.21

$726,000.00

98.48

Story

73

71.71

$10,600.00

87.2

$121.56

$773,800.00

98.23

Butler

47

46.58

$6,000.00

56.6

$106.01

$282,000.00

99.11

Story

80

74.15

$10,300.00

87.5

$117.71

$824,000.00

92.69

Kossuth

150

145.32

$9,300.00

76

$122.37

$1,395,000.00

96.88

Des Moines

20

19.88

$10,000.00

89.4

$111.86

$200,000.00

99.40

Des Moines

36.93

33

$7,700.00

70.5

$109.22

$284,361.00

89.36

Sac

115

113.2

$10,500.00

87.6

$119.86

$1,207,500.00

98.43

Washington

80

77.09

$11,000.00

89.9

$122.36

$880,000.00

96.36

 

 Featured Farmland Auction in Iowa

These 2 tracts of land located just minutes from Winterset are the perfect place to build, farm, or hunt. Tucked away from St Charles pavement, the land can be used for constructing the perfect home and acreage, increasing your tillable acres, or enjoying for recreation. Tract 1 is roughly 10 acres of mostly tillable land or open building space and Tract 2 is roughly 11 acres with some timber and creek running along it. There is an easement through the property to reach Tract 2 and adjoining land owner.

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