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Weekly Auction Results: 10/9/22-10/15/22

October 17, 2022 - Ashley Poduska
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There were 24 tracts of land that sold at auction between October 9th and October 15th in Iowa. During these auctions, there was a total of 1,948 acres available for purchase with an average of 87% tillable acres.

Iowa Results:
Tracts Sold: 24
Average $/Acre: $10,959
Average $/Tillable: $13,732
Average $/CSR2: $168
Change from Prior Week: +1%
Change from 2022 Q3: -7%

The high sale of the week went to a Plymouth County 55.6-acre cropland farm, bringing $26,250/acre or $296/CSR2.

Below is a chart tracking the weekly change of $/CSR2 from the first week of January to now.

 

Sale Date State County Land Type Gross Acres $ Per Acre CSR2
10-10-2022 IA Palo Alto Cropland 55.60 $ 26,250 91.7
10-11-2022 IA Carroll Cropland 155.00 $ 12,000 81.5
10-11-2022 IA Humboldt Cropland 145.46 $ 14,350 89
10-11-2022 IA Jasper Cropland 70.27 $ 13,000 79.3
10-11-2022 IA Jasper Cropland 80.39 $ 12,050 78.5
10-12-2022 IA Plymouth Cropland 80.00 $ 14,400 83.9
10-13-2022 IA Polk Cropland 112.47 $ 15,100 71.3
10-14-2022 IA Lyon Cropland 160.00 $ 6,150 63.6
10-14-2022 IA Hancock Cropland 119.00 $ 13,000 89
10-14-2022 IA Hamilton Cropland 56.00 $ 14,200 86.9
10-14-2022 IA Hamilton Cropland 57.00 $ 11,800 78.8
10-14-2022 IA Hancock Cropland 119.00 $ 13,000 89
10-14-2022 IA Hamilton Cropland 56.00 $ 14,200 86.9
10-14-2022 IA Hamilton Cropland 57.00 $ 11,800 78.8
10-14-2022 IA Wayne Cropland 40.00 $ 7,500 74.9
10-14-2022 IA Wayne Pasture 40.00 $ 4,550 --
10-14-2022 IA Wayne Pasture 31.13 $ 6,300 --
10-14-2022 IA Wayne Mixed Use 188.37 $ 6,900 72.9
10-14-2022 IA Wayne Mixed Use 44.17 $ 4,200 41.4
10-14-2022 IA Wayne CRP 45.59 $ 5,900 50.5
10-14-2022 IA Wayne Mixed Use 78.91 $ 5,900 56.9
10-14-2022 IA Wayne Cropland 54.94 $ 6,700 54.3
10-14-2022 IA Wayne Site 29.34 --
10-14-2022 IA Buchanan Cropland 72.63 $ 12,800 79.6
10-14-2022 MN Olmsted Pasture/Rec 58.00 $ 8,362 74.4
10-14-2022 MN Olmsted Cropland 79.00 85
10-14-2022 MN Olmsted Cropland 72.00 $ 9,600 91.4
Published in: Land Values