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Weekly Auction Results: 11/6/22-11/12/22

November 14, 2022 - Ashley Poduska
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Though 45 tracts were offered November 6th-12th, only 40 sold the day of the auction. The average dollar per gross acres was $14,692, with an average dollar per tillable acre of $16,263 and average dollar per CSR2 of $189. Approximately 93% of the acres sold were tillable.

Iowa Results:
Tracts Sold: 40
Average $/Acre: $14,691
Average $/Tillable: $16,263
Average $/CSR2: $189
Change from Prior Week: +10%
Change from 2022 Q3: +5%

The big story of the week was a record-shattering Sioux County 73.2-acre auction with 99% tillable cropland and a CSR2 of 97 selling for $30,000/acre or $314/CSR2.  Not only was this a record sale, but there was also no influence from a metro area, wind tower, or other notable influences.

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
11-07-2022 IA Buchanan Ag land 67.00 $ 15,800 87.5
11-07-2022 IA Calhoun Cropland 75.00 $ 17,900 88.9
11-07-2022 IA Calhoun Cropland 69.00 $ 17,200 81.3
11-07-2022 IA Calhoun Cropland 141.00 $ 11,500 70.4
11-07-2022 IA Calhoun Cropland/Pasture 80.00 $ 7,400 60.1
11-07-2022 IA Calhoun Cropland/Pasture/Dwelling 60.00 $ 8,300 64.3
11-08-2022 IA Dickinson Pasture/Cropland 116.95 $ 7,100 40
11-08-2022 IA Dickinson Pasture 79.00 $ 9,300 --
11-08-2022 IA Decatur Cropland 189.19 $ 17,600 80.1
11-08-2022 IA Dubuque Ag land 148.00 $ 12,200 82
11-09-2022 IA Howard CRP/Cropland 160.00 81.5
11-09-2022 IA Wright Cropland 80.00 $ 11,600 79.2
11-09-2022 IA Madison Cropland 100.00 $ 11,200 85.2
11-09-2022 IA Madison Cropland 78.00 $ 11,000 77.9
11-09-2022 IA Butler Ag land 80.27 $ 13,100 84.5
11-09-2022 IA Butler Ag land 74.94 $ 15,000 86.1
11-09-2022 IA Butler Ag land 77.86 $ 10,600 81.1
11-09-2022 IA Clarke Cropland 80.00 $ 21,250 95
11-10-2022 IA Winnebago Cropland 80.00 $ 12,100 80.5
11-10-2022 IA Winnebago Cropland 113.00 $ 12,100 78
11-10-2022 IA Decatur Cropland 111.50 $ 19,600 88
11-10-2022 IA Decatur Cropland 47.05 $ 19,600 86.1
11-10-2022 IA Decatur Cropland 77.00 $ 19,900 86.4
11-10-2022 IA Decatur Cropland 77.00 $ 19,900 88.9
11-10-2022 IA Wayne Cropland 77.00 48.7
11-10-2022 IA Wayne Cropland 155.00 55.9
11-10-2022 IA Wayne Cropland 155.00 56.1
11-10-2022 IA Wayne Cropland 87.00 53.2
11-10-2022 IA Des Moines Ag land 80.00 $ 10,400 79.5
11-10-2022 IA OBrien Cropland 151.91 $ 16,900 85.3
11-10-2022 IA Shelby Cropland 60.00 $ 22,500 96
11-10-2022 IA Shelby Cropland 92.72 $ 15,400 91.2
11-10-2022 IA Shelby Cropland 50.07 $ 15,500 86
11-10-2022 IA Shelby Cropland 75.09 $ 15,600 88
11-10-2022 IA Shelby Cropland 79.71 $ 15,200 89.5
11-11-2022 IA Hancock Cropland 117.00 $ 6,400 50.7
11-11-2022 IA Floyd Cropland 37.00 $ 15,000 88.1
11-11-2022 IA Floyd Cropland 73.00 $ 14,200 91.1
11-11-2022 IA Buchanan Ag land 72.03 $ 15,600 87.8
11-11-2022 IA Floyd Cropland 158.34 $ 18,500 93
11-11-2022 IA Buena Vista Cropland 99.34 $ 19,100 92.3
11-11-2022 IA Warren Cropland 152.18 $ 9,300 61.9
11-11-2022 IA Lyon Cropland 220.03 $ 10,500 76.1
11-11-2022 IA Montgomery Cropland 77.50 $ 16,300 90.1
11-11-2022 IA Shelby Cropland 73.19 $ 30,000 96.6
Published in: Land Values