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Land Auction Results | April 2024

May 6, 2024 - Ashley Poduska
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The appraisal team at Peoples Company was able to track 50 tracts or 3,514.48 acres sold at public auction in Iowa during April 2024. The average dollar per acre was $10,852, the average dollar per tillable acre was $13,624, and the average dollar per CSR2 was $181.

Peoples Company Auctions
Listing #17411 - 231.09 Acres M/L in Mahaska County, IA
Listing #17463 - 160.00 Acres M/L in Wayne County, IA

Click HERE to view the Iowa Land Values Update for 2024 Quarter 1.

Below are results for land auctions that occurred in April 2024. These are all agricultural real estate auctions containing greater than 35 acres. Dollar per CSR2 was calculated only for those tracts containing greater than 85% tillable with minimal improvement contribution. Data is presented on a monthly and quarterly basis, and can be found on our website: https://peoplescompany.com/

Sale Date State County Land Type Gross Acres $ Per Acre CSR2
04-01-2024 MN Rock Cropland 80.00 $ 17,200 95.8
04-01-2024 MN Rock Cropland 54.48 $ 16,500 94.9
04-01-2024 MN Rock Cropland 85.00 $ 16,600 94.7
04-01-2024 MN Rock Cropland 92.46 $ 15,000 92.9
04-01-2024 MN Stevens Cropland 81.89 $ 13,250 92.5
04-02-2024 IA Clayton Rec 49.00 $ 10,570 40.2
04-02-2024 IA Clayton Building Site 1.00 $ 30,000 --
04-02-2024 IA Clayton Residential 9.50 $ 10,570 --
04-02-2024 IA Clayton Rec 29.00 $ 10,570 26.1
04-02-2024 IA Clayton Cropland 64.00 $ 9,410 54.5
04-02-2024 IA Clayton Cropland 67.00 $ 9,410 45.7
04-02-2024 IA Clayton Rec 110.00 $ 4,364 34.6
04-02-2024 IA Clayton Cropland 73.00 $ 9,410 42.6
04-02-2024 IA Clayton Cropland 67.00 $ 9,410 46.1
04-02-2024 IA Clayton Building Site 9.50 $ 9,410 --
04-02-2024 IA Clayton Cropland 39.00 $ 9,410 49.7
04-02-2024 MN Kandiyohi CRP 39.43 92.8
04-02-2024 IA Buena Vista Cropland 77.65 $ 14,100 85.3
04-02-2024 IA Clayton Cropland 87.00 $ 9,410 67.3
04-02-2024 IA Clayton Rec 43.00 $ 10,570 38.8
04-02-2024 IA Kossuth Cropland 155.54 $ 13,800 72.5
04-02-2024 IL Tazewell Cropland 40.00 $ 17,100 129
04-02-2024 IL Sangamon Cropland 80.00 $ 22,100 139.8
04-02-2024 MN Sibley Cropland 80.00 91.9
04-02-2024 MN Renville Cropland 39.95 88.7
04-02-2024 IA Hamilton Cropland 80.00 $ 12,200 86.4
04-02-2024 MN Cottonwood Cropland 110.82 $ 4,830 71.8
04-02-2024 IA Hamilton Cropland/Wind Turbine 80.00 $ 15,600 81.8
04-02-2024 IA Hamilton CRP 77.20 $ 8,600 74
04-03-2024 IA Poweshiek Hog Confinement 5.00 --
04-03-2024 WI Iowa Cropland 117.68 76.1
04-04-2024 MO Marion Irrigated Cropland 77.80 $ 11,600 63.1
04-04-2024 MO Marion Irrigated Cropland 78.30 $ 11,600 68.3
04-04-2024 MN Renville Cropland 45.00 $ 11,025 80.6
04-04-2024 MO Marion Acreage 3.00 $ 44,167 --
04-04-2024 MO Marion Cropland 56.70 $ 12,600 78.6
04-05-2024 IA Polk Timber 12.91 $ 33,792 46.3
04-05-2024 IA Lyon Cropland 40.00 $ 22,200 66
04-05-2024 IA Lyon Cropland 40.00 $ 19,200 68.3
04-05-2024 IA Mahaska Cropland 231.09 $ 11,500 85.5
04-05-2024 IA Hardin Cropland 150.00 $ 12,700 83.4
04-08-2024 IL Adams Rec 36.17 $ 9,500 128.1
04-08-2024 IL Adams Cropland/Rec 91.56 $ 9,500 121.1
04-08-2024 IA Lyon Cropland 39.83 $ 21,700 91
04-09-2024 MN Nobles Cropland 91.00 $ 12,200 90.5
04-09-2024 IA Fremont Cropland 67.51 $ 8,100 81.6
04-09-2024 IA Fremont Cropland 74.34 $ 8,400 84.2
04-09-2024 IA Fremont Cropland 38.00 $ 8,400 81.7
04-09-2024 IA Des Moines Cropland/Rec 48.19 $ 9,525 73.2
04-09-2024 IA Des Moines Pasture/Rec 26.80 $ 6,125 --
04-09-2024 IA Des Moines Acreage 1.26 --
04-09-2024 IL Fulton Cropland 74.00 $ 8,400 121.7
04-09-2024 MN Freeborn Cropland 76.00 $ 7,925 86
04-09-2024 MN Nobles Cropland 61.00 $ 11,600 93.6
04-09-2024 MO Scotland Cropland/Rec 119.50 $ 5,500 67.6
04-09-2024 MO Scotland Cropland/Rec 177.40 $ 5,600 67.3
04-09-2024 MO Scotland Pasture/Rec 69.70 $ 6,400 --
04-10-2024 IA Muscatine Cropland/Rec 92.68 $ 6,650 58
04-10-2024 IA Pocahontas Cropland 81.00 $ 13,650 81.5
04-10-2024 MN Polk Cropland 159.16 $ 4,000 91.6
04-10-2024 MN Goodhue Organic Cropland 87.82 $ 9,682 69.1
04-10-2024 MN Le Sueur Cropland 31.09 $ 5,150 79.6
04-10-2024 IA Pocahontas Cropland 80.50 $ 11,000 80.9
04-11-2024 IL Montgomery Mix 152.59 $ 6,200 101
04-11-2024 IA Woodbury Cropland 56.07 $ 11,100 53.8
04-11-2024 IA Osceola Cropland 114.99 $ 14,000 85.7
04-11-2024 IA Chickasaw Cropland 59.47 80.2
04-11-2024 IA Chickasaw Cropland/Rec 98.00 $ 4,400 28.5
04-11-2024 IL Montgomery Cropland 79.24 $ 16,400 110.8
04-11-2024 IL Montgomery Cropland 40.00 $ 16,400 107.8
04-11-2024 IL Montgomery Cropland 20.00 $ 12,100 105.3
04-11-2024 IL Montgomery Cropland 40.00 $ 16,400 110.9
04-11-2024 IA Osceola Cropland 80.00 $ 16,800 87.8
04-15-2024 SD Lincoln Cropland 55.77 $ 21,000 83.1
04-16-2024 NE Knox CRP 112.32 --
04-16-2024 MN Mahnomen Cropland 80.00 $ 4,210 78.3
04-16-2024 MN Mahnomen Acreage/Cropland 38.80 $ 5,818 78.8
04-17-2024 IL Fayette Cropland 90.00 $ 6,950 131.3
04-17-2024 IL Fayette Recreational 208.23 $ 3,950 --
04-17-2024 IL Fayette Cropland/Rec 256.40 $ 6,600 125.9
04-17-2024 IL Fayette Cropland/Rec 146.78 $ 5,600 96
04-17-2024 IL Fayette Cropland 33.67 $ 6,950 131.6
04-17-2024 IL Fayette Cropland/Rec 62.90 $ 6,250 118.5
04-17-2024 MN Rice Cropland 118.00 $ 12,608 89.5
04-17-2024 MN Rice Cropland 40.00 $ 9,533 89.2
04-17-2024 MN Dakota Cropland 58.29 $ 12,954 71.9
04-18-2024 MN Kittson Cropland 78.00 71.5
04-18-2024 MO Shelby Cropland/Rec 116.40 $ 3,900 75
04-18-2024 MN Kittson Cropland 79.50 75.5
04-18-2024 IA Wapello Acreage/Conservation 88.40 $ 6,800 --
04-19-2024 IA Wayne Cropland 160.00 $ 7,100 43.9
04-23-2024 MO Knox Building Site 12.30 $ 6,450 62.3
04-23-2024 IA Calhoun Cropland 57.48 $ 12,750 88.7
04-23-2024 IA Sioux Cropland 80.09 $ 16,500 86.9
04-23-2024 IL Pope Cropland 88.53 $ 6,000 114.4
04-23-2024 MO Knox Cropland/Rec 42.90 $ 6,450 70.7
04-25-2024 MN Renville Cropland 135.37 88.3
04-26-2024 IA Marion Cropland/CRP 64.00 $ 6,300 75.7
04-30-2024 IA Clayton Cropland 58.37 $ 6,750 35.9
04-30-2024 IA Clarke Cropland 281.00 54.1
04-30-2024 MI Sanilac Cropland 63.26 $ 9,000 37.5
04-30-2024 MI Lapeer Cropland 57.24 $ 7,600 70.8
04-30-2024 IA Sioux Cropland 22.96 99.1
04-30-2024 IA Sioux Feedlot 7.65 --
04-30-2024 IA Taylor Cropland 60.00 $ 6,600 59
04-30-2024 IA Taylor CRP 78.50 $ 4,000 --