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Iowa's October Farmland Sales Summary

By Jason Smith, CAI Auctioneer | Land Broker | Published November 22, 2019

Iowa Farmland Sales Volume for 80% Tillable Farms

Farmland Prices in Iowa For October 2019

Curious what farmland prices looked like in the state of Iowa during the month of October? DreamDirt tracks the sales of 80% Tillable farmland and above, year round!

Year-to-date trends and month-long trends can be found in the graphs below. If you're curious about the best time to sell your farm, CLICK HERE

 

Average Price Per CSR2 Point for Iowa Farmland

The average price per CSR2 point in October 2019 saw a rapid decrease from the month of September to $73.40, across all 80% tillable farms sold at auction in Iowa.

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 Farm Prices

 

Average Price Per Acre of Tillable Farmland in Iowa

We saw an average price of $6,684.87 per tillable acre of farmland in October 2019. The monthly average took a turn from the September average of $8,216.17

October Farm Prices in Iowa

 

Thinking of Selling Farmland in Iowa?

You only get one opportunity to sell land the right way, mistakes last forever!  You should be as knowledgable as you can be when you are selling something so valuable and important. 

DreamDirt takes pride in providing landowners with the most honest information about the choices they have in how they sell land assets. These two ebooks are completely free to download and will help you avoid the pitfalls you can encounter when selling your land as well as how to navigate the fast paced world of technology now intertwined with it. If you have more questions, you can call us at 515-537-6633!

Click to Request Your Free Copies Today!

 

October 2019 Average Price Per Acre of Farmland 

 

 What is my farm worth in Iowa

 

Iowa Farmland Prices - 12 Month Rolling Summary

 
 Iowa Fall Farm Prices
 
Iowa Winter Farm Prices
 
When should I sell my farm?
 
 

Iowa Farmland Sales Report for October 2019 - 80% Or higher Tillable Farms

County

Total Acres

Tillable Acres

Price Per Tillable Acre

CSR2

$ per Tillable CSR2

Price

% Tillable

Greene

79.67

72.04

$8,200.00

84.2

$97.39

$653,294.00

90.42

Wapello

76.75

76.75

$5,600.00

58.1

$96.39

$429,800.00

100.00

Wapello

79.2

68.48

$4,600.00

55.9

$82.29

$364,320.00

86.46

Wapello

58

49.19

$4,550.00

63.1

$72.11

$263,900.00

84.81

Wapello

72

68.76

$4,975.00

59.1

$84.18

$358,200.00

95.50

Wapello

66.62

63

$4,675.00

50.2

$93.13

$311,448.50

94.57

Wapello

39

37.17

$4,600.00

54.9

$83.79

$179,400.00

95.31

Audubon

92.62

88.82

$7,300.00

75.8

$96.31

$676,126.00

95.90

Audubon

80

78

$6,500.00

68.3

$95.17

$520,000.00

97.50

Hamilton

40

37.48

$9,100.00

79.2

$114.90

$364,000.00

93.70

Cerro Gordo

156

155

$8,800.00

83.6

$105.26

$1,372,800.00

99.36

Cerro Gordo

153

144

$6,700.00

82.8

$80.92

$1,025,100.00

94.12

Sioux

66.68

61.87

$18,300.00

94.6

$193.45

$1,220,244.00

92.79

Sioux

143.2

139.73

$13,500.00

93.4

$144.54

$1,933,200.00

97.58

Cerro Gordo

84

84.27

$6,100.00

69.7

$87.52

$512,400.00

100.32

Lee

60

57.40

$5,750.00

52.7

$109.11

$345,000.00

95.67

Lee

66.38

57.29

$6,300.00

74.9

$84.11

$418,194.00

86.31

Johnson

103.75

97.87

$8,800.00

85.1

$103.41

$913,000.00

94.33

Johnson

96.4

82.51

$7,000.00

70.8

$98.87

$674,800.00

85.59

Union

177.5

143.96

$5,000.00

62.5

$80.00

$887,500.00

81.10

Delaware

76.64

76.64

$11,600.00

88.9

$130.48

$889,024.00

100.00

Iowa

77

67.30

$6,950.00

67.39

$103.13

$535,150.00

87.40

Iowa

54.5

48.68

$5,550.00

61

$90.98

$302,475.00

89.32

Van Buren

152.75

134

$6,900.00

64

$107.81

$1,053,975.00

87.73

O’Brien

60

57.9

$11,500.00

92.9

$123.79

$690,000.00

96.50

O’Brien

75

71.5

$14,900.00

94.7

$157.34

$1,117,500.00

95.33

Crawford

144.88

144.88

$6,800.00

64.3

$105.75

$985,184.00

100.00

Crawford

75.01

75.01

$7,400.00

62.2

$118.97

$555,074.00

100.00

Page

99

98.37

$5,800.00

74.7

$77.64

$574,200.00

99.36

Page

155

146.74

$5,600.00

71.6

$78.21

$868,000.00

94.67

Page

101

87.09

$3,500.00

64.1

$54.60

$353,500.00

86.23

Black Hawk

70.02

68.5

$0.00

85.5

$0.00

$0.00

97.83

Butler

116

95.5

$4,375.00

77.7

$56.31

$507,500.00

82.33

Lee

34.36

31.71

$8,300.00

75.5

$109.93

$285,188.00

92.29

Lee

74.22

69.32

$8,500.00

81.7

$104.04

$630,870.00

93.40

Sioux

152

148.15

$0.00

84

$0.00

$0.00

97.47

Sioux

44.33

44.33

$0.00

69.9

$0.00

$0.00

100.00

Sioux

50

43.47

$0.00

90.3

$0.00

$0.00

86.94

STATEWIDE TOTALS

3402.48

3172.68

$6,684.87

73.40

$90.05

$22,770,366.50

93.25

Featured FarmLand Auction In Iowa

This 78.59 acre farm is located east of Moorhead in Monona County. Located right along a paved hard surface road. This farm has a CSR2 rating of 47.7 and the property is primarily tillable farmland - a quality farm! You may view the farm from the road any time, we just ask that you respect the tenant's rights on the farm

Online bidding is open NOW, and will close on November 27, 2019 at 2 PM. Click Here to learn more and bid!

 

 

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At DreamDirt, we understand Midwestern farmland prices and can spot value quickly. The proper evaluation of your assets by an appraiser is the first step and often the foundation of your decision making when selling farm land real estate. We have developed the tools leveraging the right data on Midwest farmland prices and machinery sales to produce accurate results.

 

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