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Land Auction Results - January 2023

February 3, 2023 - Ashley Poduska
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There were 64 tracts of land that sold at auction in January 2023. During these auctions, there was a total 6,326 acres available for purchase and of those acres, 90% were tillable acres.

Iowa Results
Tracts Sold: 64
Acres Sold: 6,326
Average $/Acre: $11,894
Average $/Tillable: $13,601
Average $/CSR2: $178
Change from Last Month: -4%
Change from 2022 Q4: -2%
One Year Change: +9%

The high $/acre sale of the month went to a Clay County 80-acre cropland farm, bringing $21,700/acre or $226/CSR2. The high $/CSR2 sale of the month went to a Lyon County farm: 80.71-acres for $20,000/acre or $307/CSR2.

Comparing volume from January 2022 to January 2023, Iowa saw a change of -16% in acres sold.

Peoples Company Auctions:
Listing #16538 - 146.78 Acres M/L in Jasper County, IA
Listing #16556 - 73.43 Acres M/L in Tama County, IA

Click HERE to view the Iowa Land Values Update for 2022 Quarter 4.

Below is a map of the auction data in Iowa for January 2023.

Below are results for land auctions that occurred in January 2023. 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
01-05-2023 IA Marion Cropland 121.00 $ 13,200 89.5
01-06-2023 IA Clarke Ag land 80.00 $ 21,700 97
01-09-2023 IA Madison Cropland 79.00 $ 6,200 55.7
01-09-2023 IA Madison Cropland 77.00 $ 15,700 87.3
01-09-2023 IA Mahaska Cropland 155.00 $ 7,650 73.9
01-09-2023 IA Mahaska Cropland 78.00 $ 10,100 81.6
01-09-2023 IA Mahaska Cropland 86.00 $ 6,450 49.9
01-09-2023 IA Madison Cropland 153.00 $ 7,700 60.6
01-09-2023 IA Mahaska Cropland 51.00 $ 10,300 84.5
01-09-2023 IA Madison Cropland 38.00 $ 9,800 61.4
01-10-2023 IA Adair Cropland 233.00 55.7
01-10-2023 IA Winnebago Cropland 80.00 $ 11,000 76.3
01-10-2023 IA Winnebago Cropland 113.00 $ 9,750 63.1
01-10-2023 IA Winnebago Cropland 28.00 $ 4,400 49.9
01-10-2023 MN Yellow Medicine Cropland 139.80 $ 9,400 93.1
01-10-2023 IL Bureau Cropland 69.21 $ 16,700 142.5
01-11-2023 MN Steele Cropland 40.00 $ 14,474 95.3
01-11-2023 IA Buchanan Cropland/CRP 80.00 $ 17,400 94.6
01-11-2023 MN Kittson Cropland 160.00 $ 4,600 73.7
01-11-2023 MN Kittson Cropland 160.00 $ 5,700 75
01-11-2023 MN Steele Cropland 157.18 $ 14,474 94.6
01-11-2023 MN Steele Cropland 40.00 $ 14,125 95.9
01-12-2023 IA Tama Cropland 79.00 $ 16,300 79.1
01-12-2023 IA Tama Cropland 118.11 $ 16,300 88.6
01-12-2023 MN Wilkin Cropland 155.00 $ 4,150 58.5
01-12-2023 MN Redwood Cropland 133.20 $ 10,638 92
01-12-2023 NE Lancaster Cropland 135.00 $ 8,550 62.2
01-12-2023 NE Pierce Ag land 160.00 $ 4,050 --
01-12-2023 IL Iroquois Cropland 87.00 $ 13,100 69.9
01-13-2023 IA Ringgold Cropland 111.00 $ 16,300 86.8
01-13-2023 IA Wright Cropland 116.00 $ 12,500 84.3
01-13-2023 IA Wright Cropland 120.00 $ 13,100 84.2
01-13-2023 NE Cedar Cropland 160.00 68.8
01-16-2023 MN Pipestone Cropland 80.00 $ 11,800 93.7
01-16-2023 MN Pipestone Cropland 80.00 $ 9,750 94.6
01-17-2023 NE Wayne Cropland/Acreage 160.00 $ 13,250 --
01-17-2023 IA Louisa Recreation 320.00 $ 4,315 30.5
01-17-2023 IA Muscatine Cropland 75.12 $ 15,500 93.5
01-18-2023 MO Montgomery Cropland 68.00 $ 19,800 70.1
01-18-2023 IA Jones Cropland/Rec. 40.00 $ 6,525 62.6
01-18-2023 IA Wayne Cropland 80.00 $ 4,600 59.7
01-18-2023 IA Wayne Recreation 95.47 $ 5,200 53.1
01-18-2023 IA Wayne Cropland 144.53 $ 7,100 47.1
01-18-2023 IA Plymouth Ag land 80.00 $ 13,800 81.5
01-18-2023 MO Montgomery Cropland 50.00 $ 19,800 53.9
01-18-2023 MO Montgomery Cropland 46.00 $ 6,400 40.5
01-18-2023 WI Eau Claire Cropland 103.89 $ 5,100 59.4
01-18-2023 MO Montgomery Cropland 63.00 $ 13,250 62.7
01-19-2023 IA Fremont Cropland 40.00 $ 13,300 77.9
01-19-2023 IA Jackson Cropland 146.78 $ 12,000 67.4
01-19-2023 IA Webster Cropland 80.00 $ 13,300 81.6
01-19-2023 IA Scott Cropland 95.03 $ 10,000 75.9
01-19-2023 MN Brown Cropland 160.00 87.3
01-20-2023 MN Blue Earth Cropland 116.00 $ 6,207 85.5
01-20-2023 IA Wright Cropland 83.00 $ 11,300 79.9
01-20-2023 IA Wright Cropland/CRP 77.00 $ 8,500 68.5
01-20-2023 IA Wright Cropland 63.00 $ 10,400 84.5
01-20-2023 IA Woodbury Cropland 64.12 $ 15,750 71.5
01-20-2023 IA Woodbury Cropland 79.57 $ 11,400 45.2
01-21-2023 IA Carroll Cropland 117.73 $ 13,100 79.1
01-23-2023 IA Scott Cropland 150.92 $ 11,856 66.5
01-23-2023 IA Hardin CRP 128.00 48.9
01-23-2023 IA Scott Cropland 79.00 $ 13,500 62.9
01-24-2023 MO Barton Cropland 80.00 $ 4,100 68.4
01-24-2023 IA Buchanan Cropland 90.00 $ 15,650 93.6
01-24-2023 IA Monroe Rec/Ag 70.77 $ 6,100 60.3
01-24-2023 IA Monroe Pasture/Rec 76.27 $ 4,350 44.7
01-24-2023 IA Polk Cropland 143.00 $ 9,000 73.5
01-24-2023 IA Polk Cropland 69.00 $ 9,000 74.9
01-24-2023 IA Tama Cropland 73.43 $ 21,000 90.9
01-24-2023 IA Audubon Cropland 77.00 $ 17,100 92.6
01-24-2023 IA Audubon Cropland 59.30 $ 17,100 90.9
01-24-2023 IA Lucas Cropland 80.60 $ 18,100 67.8
01-24-2023 IA Lucas Cropland 80.71 $ 20,000 67.6
01-24-2023 MO Saline Cropland 93.49 $ 12,000 75.5
01-24-2023 MO Saline Cropland 124.00 $ 15,500 82.8
01-24-2023 MO Saline Cropland 108.00 $ 15,500 82.8
01-24-2023 IA Page Cropland 160.00 $ 11,000 80.6
01-24-2023 NE Burt Cropland 75.00 $ 8,700 67.6
01-25-2023 MN Redwood Cropland 115.48 $ 9,621 73.9
01-25-2023 MN Brown Cropland 74.51 $ 13,689 93.4
01-25-2023 IA Clinton Cropland/Blg Site 160.00 $ 13,400 65.4
01-25-2023 IA Clinton Cropland 200.00 $ 12,100 69
01-25-2023 IA Harrison Cropland 80.85 $ 10,225 77.3
01-25-2023 MN Redwood Cropland 71.00 $ 11,042 92.6
01-25-2023 MN Redwood Cropland 75.70 $ 11,955 92.8
01-26-2023 NE Butler Cropland 160.00 $ 7,000 74.7
01-26-2023 IA Sioux Cropland 80.00 $ 14,300 84.1
01-26-2023 IA Cass Cropland 115.71 $ 13,400 89.3
01-26-2023 IA Des Moines Cropland/Turbines 160.80 $ 14,900 85.3
01-26-2023 IA Des Moines Cropland 40.50 $ 13,150 86
01-26-2023 NE Pierce Cropland 160.00 $ 9,050 67.2
01-27-2023 MN Sibley Cropland 51.41 $ 12,021 91.6
01-27-2023 MN Sibley Cropland 91.72 $ 10,576 93.2
01-27-2023 MN McLeod Cropland 46.60 $ 12,017 89.7
01-27-2023 MN McLeod Cropland 91.00 $ 7,055 91.1
01-27-2023 MN McLeod Cropland 58.20 $ 10,086 89.8
01-27-2023 IA Grundy Cropland 37.00 $ 13,400 69.7
01-27-2023 MN McLeod Cropland 117.90 $ 10,865 90.8
01-28-2023 IA Lucas Pasture 44.90 $ 4,800 60.1
01-28-2023 IA Lucas Cropland 75.67 $ 11,000 67
01-30-2023 IA Hardin Cropland 75.70 $ 18,800 86
01-30-2023 IA Hardin Cropland/Pasture 223.15 $ 9,200 64.6
01-30-2023 MN Stevens Cropland 120.00 $ 6,862 92
01-30-2023 IA Lucas Cropland 47.54 $ 12,358 71.8
01-30-2023 IA Hardin Cropland/Pasture 279.22 $ 11,000 58.6
01-30-2023 IA Lucas Cropland 50.08 $ 13,478 83.1
Published in: Land Values