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Iowa's October 2018 Farmland Prices

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

Iowa Farmland Sales Volume for 80% Tillable Farms

Farmland Prices in Iowa For October, 2018

 Farmland prices across Iowa continue to show signs of softening.  A difficult harvest in most areas has hampered significant progress and farmers are enduring very difficult conditions.  The mood across the countryside has been challenging this Fall.  Farm prices have been under pressure from low commodity prices for an extended period of time and those pressure are compounded by fears associated with trade issues around the world and lack of a farm bill.   

Average Price Per CSR2 Point for Iowa Farmland

The average price per CSR2 point this month was $107.31 across the entire state of Iowa for 80% tillable farms sold at auction.  The price per CSR2 point has continued to show a decline but small decline.  The improved volume of farmland sales has boosted the price per CSR2 point recently with quite a few high quality farms selling across the state.

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Average Price Per Acre of Tillable Farmland in Iowa

 This month we saw an average price of $8204.00 per tillable acre of farmland across the state and across all sales.  The price per acre has increased over the month from week 40 to week 44 of 2018.  For the 10 months of 2018 we are actually seeing an imporvement in price for 80% tillable farmland and gains in value which you can see in the farmland price charts below.

October 2018 Average Price Per Acre of Farmland 

Iowa Farmland Prices Per Acre - Month View-2

 

Iowa Farmland Prices - 12 Month Rolling Summary

Iowa Farmland Prices Per Acre 12 Month-3

 

Iowa Farmland Prices Year to Date Summary 

Iowa Farmland Prices Per Acre YTD-2

 

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

STATEWIDE TOTALS

4876.83

4595.26

$8,204.00

75.89

$107.31

$37,744,636.67

94.23

County

Total Acres

Tillable Acres

Price Per Tillable Acre

CSR2

$ per Tillable CSR2

Price

% Tillable

Hamilton

76.45

72.97

$8,800.00

86.3

$101.97

$672,760.00

95.45

O’Brien

72

67.50

$14,000.00

94.5

$148.15

$1,008,000.00

93.75

Crawford

156

149.6

$10,000.00

70.4

$142.05

$1,560,000.00

95.90

Woodbury

61.19

60.7

$9,050.00

86.1

$105.11

$553,769.50

99.20

Wapello

120.62

105.98

$6,050.00

65.6

$92.23

$729,751.00

87.86

O’Brien

39.79

39.13

$14,500.00

94.7

$153.12

$576,955.00

98.34

Butler

180

161.35

$6,750.00

78

$86.54

$1,215,000.00

89.64

Butler

103

102.55

$8,300.00

83.9

$98.93

$854,900.00

99.56

Calhoun

40

38.9

$10,500.00

87.2

$120.41

$420,000.00

97.25

Marshall

130

125.85

$9,100.00

81.7

$111.38

$1,183,000.00

96.81

Ringgold

158

128.54

$4,800.00

66.4

$72.29

$758,400.00

81.35

Crawford

79.26

74.43

$7,000.00

60.5

$115.70

$554,820.00

93.91

Crawford

127.9

122.43

$6,200.00

60.5

$102.48

$792,980.00

95.72

Crawford

62.36

58.26

$5,925.00

68.1

$87.00

$369,483.00

93.43

Hardin

145

143.28

$8,700.00

82.8

$105.07

$1,261,500.00

98.81

Fayette

156

142.8

$8,077.00

84.9

$95.14

$1,260,012.00

91.54

Crawford

99.4

99.33

$7,650.00

64.7

$118.24

$760,410.00

99.93

Crawford

124

103.66

$7,000.00

60.3

$116.09

$868,000.00

83.60

Bremer

62

50.54

$5,100.00

60.2

$84.72

$316,200.00

81.52

Monona

140.47

128.67

$4,500.00

78.9

$57.03

$632,115.00

91.60

Sioux

32.19

31.79

$16,250.00

90.9

$178.77

$523,087.50

98.76

Monona

160

147.28

$7,000.00

68.9

$101.60

$1,120,000.00

92.05

Buena Vista

115

107

$7,140.00

85.7

$83.31

$821,100.00

93.04

Allamakee

40

34

$7,625.00

58.9

$129.46

$305,000.00

85.00

Delaware

213.4

209.7

$7,750.00

62.3

$124.40

$1,653,850.00

98.27

Johnson

75

75

$8,800.00

71

$123.94

$660,000.00

100.00

Johnson

76

76

$8,700.00

69.5

$125.18

$661,200.00

100.00

iowa

112.5

105.28

$5,150.00

55.3

$93.13

$579,375.00

93.58

Davis

26.12

26.12

$6,100.00

59.7

$102.18

$159,332.00

100.00

Davis

79.99

79.98

$6,150.00

56.7

$108.47

$491,938.50

99.99

Davis

40.72

40.7

$6,000.00

54.3

$110.50

$244,320.00

99.95

Davis

129.54

114.4

$5,150.00

85.4

$60.30

$667,131.00

88.31

O’Brien

79.93

76.94

$9,500.00

90.5

$104.97

$759,335.00

96.26

O’Brien

115.47

113.42

$11,900.00

94.7

$125.66

$1,374,093.00

98.22

Calhoun

77.29

77.29

$7,483.00

81.8

$91.48

$578,361.07

100.00

Jefferson

33

33

$7,500.00

84.4

$88.86

$247,500.00

100.00

Pocahontas

153

148.34

$7,100.00

85.3

$83.24

$1,086,300.00

96.95

Pocahontas

40

38.14

$7,550.00

85.3

$88.51

$302,000.00

95.35

Fremont

193.32

191

$4,300.00

67.7

$63.52

$831,276.00

98.80

Osceola

155.88

152.93

$11,100.00

84.5

$131.36

$1,730,268.00

98.11

Des Moines

33.43

30

$5,460.00

46.8

$116.67

$182,527.80

89.74

Des Moines

41.56

40

$9,030.00

84.8

$106.49

$375,286.80

96.25

Des Moines

194

174.6

$4,856.00

80.9

$60.02

$942,064.00

90.00

Hamilton

76.45

72.97

$8,800.00

86.3

$101.97

$672,760.00

95.45

O’Brien

72

67.50

$14,000.00

94.5

$148.15

$1,008,000.00

93.75

Crawford

156

149.6

$10,000.00

70.4

$142.05

$1,560,000.00

95.90

Woodbury

61.19

60.7

$9,050.00

86.1

$105.11

$553,769.50

99.20

Wapello

120.62

105.98

$6,050.00

65.6

$92.23

$729,751.00

87.86

O’Brien

39.79

39.13

$14,500.00

94.7

$153.12

$576,955.00

98.34

 Selling Farmland in Iowa

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