Weekly Auction Results: 11/12/23-11/18/23
.jpg)
As harvest across the Midwest is wrapping up, the seasonal auction sales are officially in full swing. In Iowa, our appraisal team was able to track over 7,800 acres sold in 89 tracts. The average dollar per acre was $13,043, average dollar per tillable acre was $14,423 with an average dollar per CSR2 point of $178. This is down 2% from the Q3 average. Illinois had a rally, too, with 1,830 acres selling in 24 tracts at an average dollar per acre of $15,281.
Iowa Results
Tracts Sold: 89
Average $/Acre: $13,043
Average $/Tillable: $14,423
Average $/CSR2: $178
% Change from Q3: -2%
With interest rates rising, the speculation around prices dampening is on every real estate buyer’s mind. However, we are still seeing multiple farms selling for over $20,000 per acre. Both Lyon and Sioux Counties in Iowa had farms selling for $25,200 per acre, and Sioux County had a separate farm sell for $20,600 per acre.
Below is a map of the auction locations for the week of 11/12-11/18.
.png)
Illinois Results
Tracts Sold: 24
Average $/Acre: $15,281
Minnesota Results
Tracts Sold: 8
Average $/Acre: $9,499
Missouri Results
Tracts Sold: 10
Average $/Acre: $9,886
Nebraska Results
Tracts Sold: 6
Average $/Acre: $9,017
| Sale Date | State | County | Land Type | Gross Acres | $ Per Acre | CSR2 |
|---|---|---|---|---|---|---|
| 11-13-2023 | IL | Effingham | Cropland | 48.79 | $ 15,100 | 108.7 |
| 11-13-2023 | IL | Shelby | Cropland | 79.58 | $ 11,000 | 128.6 |
| 11-13-2023 | IA | Harrison | Cropland | 57.40 | $ 22,500 | 90.4 |
| 11-13-2023 | IA | Plymouth | Cropland | 152.52 | $ 14,500 | 88.3 |
| 11-13-2023 | IA | Plymouth | Cropland | 156.33 | $ 15,800 | 62.6 |
| 11-13-2023 | IA | Plymouth | Cropland | 64.49 | $ 18,600 | 92 |
| 11-13-2023 | IA | Plymouth | Cropland | 91.55 | $ 18,100 | 90.6 |
| 11-13-2023 | IA | Madison | Pasture/Rec | 40.00 | $ 9,400 | 42.7 |
| 11-13-2023 | IA | Madison | CRP/Cropland | 97.00 | $ 6,200 | 69.1 |
| 11-13-2023 | IA | Buena Vista | Cropland | 110.48 | $ 11,250 | 84.7 |
| 11-13-2023 | IA | Harrison | Cropland/Rec | 172.64 | $ 14,000 | 62.6 |
| 11-13-2023 | IA | Harrison | Cropland | 54.00 | $ 20,900 | 90 |
| 11-13-2023 | IL | Bureau | Cropland | 96.92 | $ 14,300 | 124.8 |
| 11-13-2023 | IL | Effingham | Cropland | 155.34 | $ 15,100 | 114.7 |
| 11-13-2023 | IL | Effingham | Cropland | 64.93 | $ 14,500 | 107.9 |
| 11-13-2023 | IL | Effingham | Cropland | 41.00 | $ 14,300 | 108.1 |
| 11-14-2023 | MO | Gentry | CRP/Rec | 78.75 | $ 5,000 | -- |
| 11-14-2023 | MN | Brown | Cropland | 80.00 | $ 15,000 | 80.7 |
| 11-14-2023 | MN | Faribault | Cropland | 55.00 | $ 8,700 | 73.9 |
| 11-14-2023 | MN | Martin | Cropland | 152.99 | $ 11,220 | 92 |
| 11-14-2023 | MN | Lac qui Parle | Cropland | 154.34 | $ 6,600 | 54.6 |
| 11-14-2023 | IL | Coles | Cropland | 118.79 | $ 18,100 | 134.9 |
| 11-14-2023 | IL | Livingston | Cropland | 119.60 | $ 15,500 | 129.2 |
| 11-14-2023 | IL | Livingston | Cropland | 76.00 | $ 14,100 | 127.2 |
| 11-14-2023 | IL | Shelby | Cropland | 87.32 | $ 17,500 | 136.8 |
| 11-14-2023 | IL | Macon | Cropland | 40.00 | $ 16,500 | 134.4 |
| 11-14-2023 | IL | Macon | Cropland | 39.00 | $ 10,500 | 132.5 |
| 11-14-2023 | IL | Shelby | Cropland | 135.05 | $ 7,300 | 119.1 |
| 11-14-2023 | IA | Kossuth | Transitional Development | 26.14 | $ 14,250 | 88.2 |
| 11-14-2023 | IA | Plymouth | Cropland/Acreage | 160.00 | $ 14,500 | 85.8 |
| 11-14-2023 | IA | Pocahontas | Cropland | 130.80 | $ 8,450 | 68.8 |
| 11-14-2023 | IA | Tama | Cropland | 145.00 | $ 11,400 | 71.4 |
| 11-14-2023 | IA | Hancock | Cropland | 148.23 | $ 15,200 | 71.4 |
| 11-14-2023 | IA | Hancock | Cropland | 37.10 | $ 14,500 | 77.8 |
| 11-14-2023 | IA | Appanoose | Cropland | 85.00 | $ 8,900 | 54.5 |
| 11-14-2023 | IA | Appanoose | Cropland | 44.00 | $ 12,600 | 72.9 |
| 11-14-2023 | IA | Buena Vista | Cropland | 80.00 | $ 13,000 | 86 |
| 11-14-2023 | IA | Buena Vista | Cropland | 94.00 | $ 10,500 | 84.4 |
| 11-14-2023 | IA | Cass | Cropland | 177.42 | $ 13,900 | 80.2 |
| 11-14-2023 | IA | Story | Cropland | 53.00 | 85 | |
| 11-14-2023 | IA | Crawford | Cropland | 77.60 | $ 9,500 | 71.9 |
| 11-14-2023 | IA | Crawford | Cropland | 78.65 | $ 7,800 | 59.6 |
| 11-14-2023 | WI | Green | Cropland | 48.49 | 56.2 | |
| 11-14-2023 | SD | Douglas | Cropland | 40.00 | $ 5,800 | 75.1 |
| 11-14-2023 | SD | Douglas | Cropland | 40.00 | $ 8,300 | 78 |
| 11-14-2023 | NE | Washington | Irrigated Cropland | 276.20 | $ 6,550 | 66.9 |
| 11-14-2023 | NE | Washington | Irrigated Cropland | 142.30 | $ 4,750 | 59.8 |
| 11-14-2023 | NE | Stanton | Cropland | 160.00 | $ 11,000 | 66 |
| 11-14-2023 | MO | Gentry | CRP/Rec | 157.00 | $ 4,250 | -- |
| 11-15-2023 | IL | Warren | Cropland | 39.27 | $ 20,200 | 142.6 |
| 11-15-2023 | IL | Warren | Cropland | 22.93 | $ 17,400 | 138.7 |
| 11-15-2023 | MN | Redwood | Cropland | 80.00 | $ 12,546 | 93.5 |
| 11-15-2023 | MN | Nobles | Cropland | 160.00 | $ 11,300 | 94.1 |
| 11-15-2023 | ND | Burleigh | Cropland | 160.00 | $ 4,050 | 89 |
| 11-15-2023 | IA | Jasper | CRP | 72.98 | $ 4,000 | -- |
| 11-15-2023 | IA | Tama | Cropland/Expired CRP | 108.75 | $ 13,000 | 87 |
| 11-15-2023 | IA | Delaware | Cropland/CRP | 54.48 | $ 16,100 | 75 |
| 11-15-2023 | IA | Delaware | Cropland | 78.94 | $ 16,100 | 79.3 |
| 11-15-2023 | IA | Delaware | Cropland/Rec | 65.22 | $ 9,400 | 39.8 |
| 11-15-2023 | IA | Delaware | Cropland | 25.95 | $ 7,500 | 27.8 |
| 11-15-2023 | IA | Clayton | Cropland/CRP/Rec | 158.46 | $ 7,000 | 35.3 |
| 11-15-2023 | IA | Clayton | Cropland/CRP/Rec | 133.66 | $ 10,000 | 45.5 |
| 11-15-2023 | IA | Delaware | Acreage | 23.00 | -- | |
| 11-15-2023 | IA | Allamakee | Recreational | 66.45 | $ 5,500 | -- |
| 11-15-2023 | IA | Allamakee | Cropland | 43.96 | $ 9,000 | 56.2 |
| 11-15-2023 | IA | Allamakee | Cropland | 40.00 | $ 7,610 | 69.2 |
| 11-15-2023 | IA | Palo Alto | Cropland | 128.70 | $ 11,650 | 81.1 |
| 11-15-2023 | IA | Palo Alto | Cropland | 137.40 | $ 11,650 | 84.1 |
| 11-15-2023 | IA | Palo Alto | Cropland | 112.60 | $ 15,000 | 88.1 |
| 11-15-2023 | IA | Palo Alto | Cropland | 65.70 | $ 16,200 | 81.9 |
| 11-15-2023 | IA | Boone | Cropland | 160.00 | $ 12,600 | 77.3 |
| 11-15-2023 | IA | Clayton | Cropland | 59.30 | $ 16,100 | 88.7 |
| 11-15-2023 | IA | Jasper | Cropland/Building Site | 120.00 | $ 18,500 | 81.6 |
| 11-15-2023 | IL | McDonough | Cropland | 49.34 | $ 5,500 | 119.4 |
| 11-15-2023 | IL | McDonough | Ag/Res | 4.21 | $ 19,002 | -- |
| 11-15-2023 | IL | Warren | Cropland | 68.07 | $ 19,500 | 143 |
| 11-15-2023 | IL | Warren | Cropland | 114.14 | $ 20,200 | 143.3 |
| 11-16-2023 | WI | Rock | Rural Res/Cropland | 40.00 | 56.4 | |
| 11-16-2023 | IA | Pottawattamie | Cropland | 119.00 | $ 9,700 | 79.2 |
| 11-16-2023 | IA | Pottawattamie | Cropland | 38.00 | $ 10,300 | 73 |
| 11-16-2023 | IA | Pottawattamie | Cropland | 77.11 | $ 8,400 | 67.7 |
| 11-16-2023 | IA | Pottawattamie | Cropland | 88.07 | $ 11,000 | 67.7 |
| 11-16-2023 | IA | Pottawattamie | Cropland | 164.28 | $ 7,050 | 70.4 |
| 11-16-2023 | IA | Humboldt | Mix Use | 80.00 | $ 12,600 | 78.5 |
| 11-16-2023 | IA | Humboldt | Cropland | 80.00 | $ 18,400 | 86 |
| 11-16-2023 | IA | Humboldt | Cropland | 78.00 | $ 14,800 | 88 |
| 11-16-2023 | IA | Allamakee | Cropland | 119.18 | $ 9,300 | 64 |
| 11-16-2023 | IA | Allamakee | Cropland | 106.88 | $ 11,100 | 81.2 |
| 11-16-2023 | IA | Allamakee | Cropland/Acreage | 147.78 | $ 10,000 | 71.2 |
| 11-16-2023 | IA | Clayton | Cropland/Acreage | 108.93 | $ 15,600 | 71.8 |
| 11-16-2023 | IA | Winneshiek | Cropland | 49.50 | $ 8,300 | 39.5 |
| 11-16-2023 | IA | Winneshiek | Residential | 35.00 | $ 9,900 | -- |
| 11-16-2023 | IA | Winneshiek | Cropland | 44.50 | $ 10,200 | 58.6 |
| 11-16-2023 | IA | Poweshiek | Cropland/Bin Site | 100.00 | $ 14,000 | 73.4 |
| 11-16-2023 | IA | Palo Alto | Cropland | 76.49 | $ 9,750 | 85.9 |
| 11-16-2023 | IA | Palo Alto | Cropland | 113.57 | $ 6,125 | 74 |
| 11-16-2023 | IA | Calhoun | Cropland/Pasture | 154.47 | $ 7,750 | 71.2 |
| 11-16-2023 | IA | Calhoun | Rural Residence | 2.42 | $ 26,860 | -- |
| 11-16-2023 | IA | Tama | Cropland | 92.11 | $ 14,200 | 88.7 |
| 11-16-2023 | IA | Tama | Cropland | 77.14 | $ 10,300 | 86.3 |
| 11-16-2023 | IA | Franklin | Cropland | 79.10 | $ 8,900 | 76.6 |
| 11-16-2023 | IA | Franklin | Cropland | 79.10 | $ 12,700 | 82.9 |
| 11-16-2023 | IA | Lyon | Cropland | 65.00 | $ 25,200 | 74.5 |
| 11-16-2023 | MN | Redwood | Cropland | 154.46 | 90.6 | |
| 11-16-2023 | MO | Pettis | Acreage/pasture | 95.06 | $ 6,850 | -- |
| 11-17-2023 | IA | Lyon | Cropland | 49.60 | $ 18,500 | 95.4 |
| 11-17-2023 | IA | Lyon | Cropland | 50.00 | $ 17,900 | 94.4 |
| 11-17-2023 | IA | Fayette | Cropland | 137.11 | $ 15,000 | 85.1 |
| 11-17-2023 | IL | Henry | Cropland | 80.81 | $ 13,200 | 138.7 |
| 11-17-2023 | IL | Warren | Cropland | 39.51 | $ 20,400 | 143.9 |
| 11-17-2023 | IA | Boone | Cropland | 39.76 | $ 16,100 | 81.9 |
| 11-17-2023 | IA | Boone | Cropland | 51.40 | $ 17,600 | 85.7 |
| 11-17-2023 | IA | Boone | Cropland | 39.90 | $ 18,600 | 88.6 |
| 11-17-2023 | IA | Johnson | Cropland | 49.91 | $ 9,900 | 52.2 |
| 11-17-2023 | IA | Wright | Cropland | 80.00 | $ 13,500 | 86.2 |
| 11-17-2023 | IA | Floyd | Cropland/CRP | 114.00 | 84 | |
| 11-17-2023 | IA | Iowa | Cropland | 40.00 | $ 15,750 | 81.5 |
| 11-17-2023 | MN | Redwood | Cropland | 80.00 | $ 10,625 | 91 |
| 11-17-2023 | IA | Monona | Cropland | 129.20 | $ 10,000 | 54.4 |
| 11-17-2023 | IA | OBrien | Cropland | 73.61 | $ 18,700 | 96.2 |
| 11-17-2023 | IA | Woodbury | CRP/Cropland | 155.00 | $ 11,000 | 67.8 |
| 11-17-2023 | MO | Carroll | Cropland | 120.00 | $ 11,200 | 58.1 |
| 11-17-2023 | MO | Carroll | Cropland | 95.00 | $ 20,000 | 79.2 |
| 11-17-2023 | MO | Carroll | Cropland/Acreage | 436.40 | 74.3 | |
| 11-17-2023 | MO | Carroll | Cropland | 43.30 | $ 8,800 | 72.8 |
| 11-17-2023 | MO | Holt | Cropland | 116.70 | $ 14,500 | 77.6 |
| 11-17-2023 | MO | Holt | Cropland | 183.16 | $ 12,123 | 68.6 |
| 11-17-2023 | MO | Holt | Cropland | 66.60 | $ 6,250 | 73.4 |
| 11-17-2023 | IA | Sioux | Cropland | 120.00 | $ 25,200 | 99.4 |
| 11-17-2023 | IA | Sioux | Cropland | 108.94 | $ 20,600 | 94.6 |
| 11-17-2023 | IA | Fayette | Cropland | 152.00 | $ 12,600 | 87.2 |
| 11-17-2023 | NE | Cass | Cropland | 80.00 | $ 16,150 | 60.1 |
| 11-17-2023 | NE | Lancaster | Cropland/Rec | 151.59 | $ 8,150 | 64.8 |
| 11-17-2023 | NE | Lancaster | Cropland | 118.14 | $ 7,500 | 63.6 |
| 11-17-2023 | IA | Fayette | Cropland | 72.83 | $ 12,600 | 88.4 |
| 11-17-2023 | IA | Calhoun | Cropland | 99.62 | $ 12,000 | 84.6 |
| 11-17-2023 | IA | Madison | Cropland | 54.32 | $ 8,250 | 49.5 |
| 11-18-2023 | IA | Monona | Cropland | 47.00 | $ 6,200 | 65.3 |
| 11-18-2023 | IA | Monona | Cropland | 21.94 | $ 10,500 | 79.9 |
| 11-18-2023 | SD | Hanson | Cropland | 144.60 | $ 11,500 | 54.6 |
Published in:
Land Auctions,
Land Values
BLOG CATEGORIES
Agriculture
Crop Insurance
Energy Management
Industry Insights
Land Auctions
Land Investment Expo
Land Management
Land Values
News & Events
Real Estate
RECENT POSTS
Subscribe To Our Newsletter
Peoples Company proactively works to anticipate the needs of those in the agricultural sector. Our monthly email publication keeps readers in the know about everything land.
