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Iowa's November Farmland Sales Summary

By Jason Smith, CAI Auctioneer | Land Broker | Published December 16, 2018

Iowa Farmland Sales Volume for 80% Tillable Farms

Farmland Prices in Iowa For November, 2018

 Auctioneers were busy selling farmland in November, there was significant volume of sales in November which is very typical for this time of year.  November is a popular month for farmland sales as are December through February.  This months Iowa Farmland Prices report will walk you through the results of farmland auctions for 80% tillable farms that sold across the state of Iowa.

Average Price Per CSR2 Point for Iowa Farmland

This month we saw an improvement in the dollars per csr2 point across all farmland sales from the October report.  In November the average dollars per CSR2 point was $109.10 per point.   

Average Price Per Acre of Tillable Farmland in Iowa

The average value of an acre of farmland in Iowa in November 2018 was $8334 based on the actual results of the auctions conducted across the state.  This was up from last months report slightly.  As farmland prices have softened across the state of Iowa its been somewhat difficult to interpert the results as they move up and down each month, to us in indicates some indecision among buyers but digging into the data seems to suggest that when a higher concentration of high quality farms are offered for sale it can make the results appear as if land prices are increasing rather than decreasing.   Certain situations lend themselves to lower farmland prices and that has alot to do with the volume of land that has been offered in one particular area.  Some townships that experience 3 or 4 or more sales in close proximity seem to be the most prone to showing a softer result, but we are still seeing areas producing top of the market results where fewer farms have sold or there are larger concentrations of livestock.  

Selling Farmland in Iowa

If you are considering selling farmland in Iowa we can help you learn what your farm is worth and what it will take to sell it.  We have the data and the expertise to offer you professional guidance in the sale of your farmland.  You can call us at 515-537-6633 or click the link below to learn more.

Learn the secret to selling farmland! Download our free E-Book

 

November 2018 Average Price Per Acre of Farmland 

 

Iowa Farmland Prices Per Acre - Month View-3

Iowa Farmland Prices Per Acre - Month View-2

 

Iowa Farmland Prices - 12 Month Rolling Summary

 

Iowa Farmland Prices Per Acre 12 Month-4

 

Iowa Farmland Prices Year to Date Summary 

 

Iowa Farmland Prices Per Acre YTD-3

 

Iowa Farmland Sales Report for November 2018 - 80% Tillable Farms

STATEWIDE TOTALS

12743.01

12080

$8,334.31

75.05

$109.10

$102,803,956.69

94.80

County

Total Acres

Tillable Acres

Price Per Tillable Acre

CSR2

$ per Tillable CSR2

Price

% Tillable

Marion

87.27

86.1

$6,500.00

67.2

$96.73

$567,255.00

98.66

Ringgold

105.31

103.4

$7,050.00

78.1

$90.27

$742,435.50

98.19

Taylor

168.72

147.11

$4,950.00

71.7

$69.04

$835,164.00

87.19

Clay

32.13

28.7

$6,200.00

56.1

$110.52

$199,206.00

89.32

Clay

40

39

$8,400.00

88.1

$95.35

$336,000.00

97.50

Clay

82.26

67.25

$5,050.00

55.3

$91.32

$415,413.00

81.75

Clay

35.35

31.6

$2,200.00

39.3

$55.98

$77,770.00

89.39

Jefferson

154.19

134

$5,100.00

39.3

$129.77

$786,369.00

86.91

Jefferson

161.23

131

$5,100.00

63.90

$79.81

$822,273.00

81.25

Hancock

59.02

58.37

$9,100.00

78.90

$115.34

$537,082.00

98.90

Humboldt

166.05

166.05

$7,200.00

85.50

$84.21

$1,195,560.00

100.00

Crawford

77

77.93

$6,000.00

58.40

$102.74

$462,000.00

101.21

Jones

119

102.4

$3,500.00

43.40

$80.65

$416,500.00

86.05

Marshall

160

151.6

$8,469.00

78.10

$108.44

$1,355,040.00

94.75

Sioux

148.99

148.62

$13,600.00

88.10

$154.37

$2,026,264.00

99.75

Buena Vista

80

79

$8,500.00

86.50

$98.27

$680,000.00

98.75

Cherokee

81.33

79.8

$13,700.00

92.00

$148.91

$1,114,221.00

98.12

Cherokee

81.56

80.03

$14,700.00

95.60

$153.77

$1,198,932.00

98.12

Wright

158

157.7

$9,601.00

85.00

$112.95

$1,516,958.00

99.81

Washington

67.4

67

$6,350.00

57.20

$111.01

$427,990.00

99.41

Henry

100.19

97.64

$11,200.00

86.50

$129.48

$1,122,128.00

97.45

Emmet

96

96

$7,000.00

83.90

$83.43

$672,000.00

100.00

Emmet

40

36.98

$8,000.00

74.10

$107.96

$320,000.00

92.45

Palo Alto

80

77.85

$9,500.00

86.20

$110.21

$760,000.00

97.31

Carroll

211.88

194.27

$9,600.00

71.20

$134.83

$2,034,048.00

91.69

Tama

100

95.28

$10,000.00

94.10

$106.27

$1,000,000.00

95.28

Clay

230

225.8

$7,900.00

70.00

$112.86

$1,817,000.00

98.17

Clay

76.2

74.82

$6,700.00

81.50

$82.21

$510,540.00

98.19

Clay

80

78.38

$4,250.00

55.10

$77.13

$340,000.00

97.98

Des Moines

120.23

113.50

$6,575.00

69.10

$95.15

$790,512.25

94.40

Sac

174.11

166.09

$9,325.00

88.70

$105.13

$1,623,575.75

95.39

Wright

80

77.61

$9,500.00

85.40

$111.24

$760,000.00

97.01

Wright

76.2

73.94

$9,800.00

84.30

$116.25

$746,760.00

97.03

Adams

150

133.59

$4,600.00

63.9

$71.99

$690,000.00

89.06

Cass

221

183.73

$3,400.00

55.1

$61.71

$751,400.00

83.14

Sioux

40.39

39

$14,000.00

73.1

$191.52

$565,460.00

96.56

Plymouth

80

75.43

$9,400.00

59.5

$157.98

$752,000.00

94.29

Boone

120

115.87

$8,650.00

83.8

$103.22

$1,038,000.00

96.56

Boone

117

117

$7,700.00

78.6

$97.96

$900,900.00

100.00

Iowa

76.5

65.21

$4,900.00

64.8

$75.62

$374,850.00

85.24

Iowa

128.5

123.4

$4,450.00

49

$90.82

$571,825.00

96.03

Iowa

160

147.3

$2,800.00

41.70

$67.15

$448,000.00

92.06

Davis

30

28.4

$7,200.00

55.20

$130.43

$216,000.00

94.67

Woodbury

107.27

93.19

$6,000.00

61.60

$97.40

$643,620.00

86.87

Woodbury

80

76.11

$6,650.00

72.30

$91.98

$532,000.00

95.14

Henry

58.02

58

$4,400.00

65.60

$67.07

$255,288.00

99.97

Allamakee

156

150.9

$7,179.00

76.90

$93.36

$1,119,924.00

96.73

Louisa

62.81

59.02

$10,500.00

82.50

$127.27

$659,505.00

93.97

Palo Alto

119.3

119.3

$9,000.00

82.60

$108.96

$1,073,700.00

100.00

O’Brien

78.09

78.09

$14,100.00

98.90

$142.57

$1,101,069.00

100.00

Lyon

80.39

79.39

$14,200.00

94.00

$151.06

$1,141,538.00

98.76

Emmet

80

79.61

$6,000.00

75.80

$79.16

$480,000.00

99.51

Linn

122

121.86

$14,700.00

92.50

$158.92

$1,793,400.00

99.89

Greene

80

74.46

$10,100.00

84.40

$119.67

$808,000.00

93.08

Greene

81.81

75.49

$8,950.00

82.30

$108.75

$732,199.50

92.27

Palo Alto

160

131.2

$4,675.00

75.60

$61.84

$748,000.00

82.00

Cedar

80

78.4

$7,900.00

78.80

$100.25

$632,000.00

98.00

Dickinson

46.08

41.6

$5,700.00

79.20

$71.97

$262,656.00

90.28

Iowa

138

117

$3,400.00

46.80

$72.65

$469,200.00

84.78

Tama

156

147.54

$8,550.00

86.60

$98.73

$1,333,800.00

94.58

Lyon

80

76.69

$16,400.00

68.20

$240.47

$1,312,000.00

95.86

Lyon

77.25

75.89

$14,250.00

66.80

$213.32

$1,100,812.50

98.24

Butler

500

497.01

$8,880.00

90.00

$98.67

$4,440,000.00

99.40

Poweshiek

34

32.9

$9,700.00

76.60

$126.63

$329,800.00

96.76

Poweshiek

158

150.64

$5,200.00

53.20

$97.74

$821,600.00

95.34

Buena Vista

80.48

79.8

$7,000.00

82.50

$84.85

$563,360.00

99.16

Buena Vista

80.48

70

$5,000.00

73.10

$68.40

$402,400.00

86.98

Buena Vista

71.29

69

$7,475.00

82.60

$90.50

$532,892.75

96.79

Tama

153.53

153.53

$13,900.00

94.00

$147.87

$2,134,067.00

100.00

Dickinson

155

152.01

$7,000.00

85.50

$81.87

$1,085,000.00

98.07

Sioux

57.01

55.55

$14,025.00

91.80

$152.78

$799,565.25

97.44

Sioux

41.47

38.6

$13,250.00

89.40

$148.21

$549,477.50

93.08

Floyd

52.5

52.21

$6,300.00

59.90

$105.18

$330,750.00

99.45

Page

77.03

72.66

$7,300.00

72.5

$100.69

$562,319.00

94.33

Page

74.79

74.69

$6,600.00

66.4

$99.40

$493,614.00

99.87

Page

158

145.85

$4,510.00

62.8

$71.82

$712,580.00

92.31

Marshall

39

38.41

$7,500.00

71.4

$105.04

$292,500.00

98.49

Keokuk

40

39.33

$12,900.00

90.4

$142.70

$516,000.00

98.33

Keokuk

80

76.83

$12,700.00

90.1

$140.95

$1,016,000.00

96.04

Keokuk

78.5

75.83

$11,750.00

79.9

$147.06

$922,375.00

96.60

Keokuk

40

39.1

$7,750.00

61.7

$125.61

$310,000.00

97.75

Lyon

40

39.71

$13,400.00

86.40

$155.09

$536,000.00

99.28

Lee

90.92

89.73

$11,200.00

69.40

$161.38

$1,018,304.00

98.69

Henry

122.78

108.64

$6,248.00

67.60

$92.43

$767,129.44

88.48

Appanoose

78.71

75.1

$6,000.00

60.10

$99.83

$472,260.00

95.41

Appanoose

46.42

43.45

$6,250.00

61.10

$102.29

$290,125.00

93.60

Jefferson

120.99

106.23

$5,700.00

60.00

$95.00

$689,643.00

87.80

Decatur

162.45

147

$3,580.00

41.70

$85.85

$581,571.00

90.49

VanBuren

59.04

51.04

$5,900.00

66.20

$89.12

$348,336.00

86.45

Poweshiek

120

112.39

$8,350.00

84.80

$98.47

$1,002,000.00

93.66

Sioux

40.41

38.61

$12,900.00

86.40

$149.31

$521,289.00

95.55

Sioux

45.39

44.4

$13,250.00

84.20

$157.36

$601,417.50

97.82

O’Brien

45

44.44

$13,000.00

91.30

$142.39

$585,000.00

98.76

O’Brien

75

69

$12,200.00

89.60

$136.16

$915,000.00

92.00

Poweshiek

13.49

12.77

$9,500.00

96.1

$98.86

$128,155.00

94.66

Poweshiek

114.04

103.52

$5,500.00

71.2

$77.25

$627,220.00

90.78

Poweshiek

70.45

65.63

$7,000.00

77

$90.91

$493,150.00

93.16

Poweshiek

80

66.27

$4,900.00

61.2

$80.07

$392,000.00

82.84

Lee

18.85

15.5

$2,750.00

28.8

$95.49

$51,837.50

82.23

Jasper

160

147.62

$6,000.00

69.80

$85.96

$960,000.00

92.26

Butler

49

46.9

$8,900.00

83.30

$106.84

$436,100.00

95.71

Butler

100

90.9

$6,500.00

82.80

$78.50

$650,000.00

90.90

Jasper

168

157.78

$4,500.00

52.40

$85.88

$756,000.00

93.92

Lyon

89.41

73.55

$7,925.00

69.90

$113.38

$708,574.25

82.26

Pocahontas

41

43.3

$9,800.00

87.10

$112.51

$401,800.00

105.61

Pocahontas

40

38.93

$7,700.00

81.90

$94.02

$308,000.00

97.33

Pocahontas

169.27

169

$6,700.00

72.10

$92.93

$1,134,109.00

99.84

Pocahontas

119.62

118

$7,400.00

77.90

$94.99

$885,188.00

98.65

Dickinson

160

157.37

$7,175.00

79.50

$90.25

$1,148,000.00

98.36

Dickinson

160

151.82

$7,600.00

86.70

$87.66

$1,216,000.00

94.89

Butler

70

68.51

$4,900.00

71.70

$68.34

$343,000.00

97.87

Buena Vista

119.35

117.3

$8,800.00

86.20

$102.09

$1,050,280.00

98.28

Johnson

69

63.13

$9,300.00

80.10

$116.10

$641,700.00

91.49

Hancock

160

152.12

$8,800.00

80.50

$109.32

$1,408,000.00

95.08

Sioux

80

78.41

$11,750.00

92.70

$126.75

$940,000.00

98.01

Calhoun

90.4

91.35

$7,700.00

81.90

$94.02

$696,080.00

101.05

Audubon

232.18

223.71

$11,800.00

70.50

$167.38

$2,739,724.00

96.35

Audubon

80

77.28

$13,000.00

73.30

$177.35

$1,040,000.00

96.60

Boone

79

79

$8,300.00

84.60

$98.11

$655,700.00

100.00

Boone

73

73

$8,400.00

80.08

$104.90

$613,200.00

100.00

Clarke

54

49.76

$6,481.00

72.80

$89.02

$349,974.00

92.15

O’Brien

153

149

$13,000.00

98.10

$132.52

$1,989,000.00

97.39

O’Brien

95

95

$12,500.00

94.60

$132.14

$1,187,500.00

100.00

O’Brien

102

100.23

$12,500.00

92.40

$135.28

$1,275,000.00

98.26

O’Brien

105

100.16

$10,750.00

88.00

$122.16

$1,128,750.00

95.39

Dickinson

113.73

112

$5,200.00

74.90

$69.43

$591,396.00

98.48

 Featured Farmland Auction in Iowa

Join us on December 28th for this high quality tillable farmland auction in Wright County Iowa.  This farm will sell as 1 tract and the buyer will get full possession of the farm on March 1, 2019. View the farmland auction listing at DreamDirt.com

 

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