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Weekly Auction Results: 12/4/22-12/10/22

December 12, 2022 - Ashley Poduska
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There were 54 tracts of land that were offered at public auction between December 4-10 with only 50 tracts selling the day of auction. During these auctions, there was a total of 4,829 acres available for purchase and of those acres, 84% were tillable.

Iowa Results:
Tracts Sold: 50
Average $/Acre: $12,820
Average $/Tillable: $15,563
Average $/CSR2: $199
Change from Prior Week: +7%
Change from 2022 Q3: +10%

The high $/acre sale of the week went to a Sioux County 73.4-acre cropland farm, bringing $24,000/acre or $261/CSR2. The high $/CSR2 sale of the week went to a Lyon County farm: 79.9 acres for $21,000/acre or $334/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
12-05-2022 MN Watonwan Cropland 160.00 $ 8,950 88.9
12-06-2022 IA Monroe Cropland 68.92 $ 6,600 64.5
12-06-2022 IA Monroe Cropland 119.00 $ 12,600 81.7
12-06-2022 IA Monroe Cropland 79.00 $ 12,900 76.5
12-06-2022 IA Monroe Cropland 76.56 $ 13,600 76.5
12-06-2022 IA Monroe Cropland 79.00 $ 7,100 76.5
12-06-2022 IA Montgomery CRP 79.28 $ 6,700 82.6
12-06-2022 IA Montgomery Cropland 72.90 $ 6,600 79.4
12-06-2022 IA Montgomery Cropland 78.77 $ 13,400 83.7
12-06-2022 WI Sauk Rec 15.86 $ 8,000 --
12-06-2022 WI Sauk Cropland 78.96 $ 7,700 --
12-06-2022 WI Sauk Cropland 114.65 $ 7,600 81.5
12-06-2022 NE Platte Cropland 196.00 $ 15,900 --
12-06-2022 NE Madison Cropland 160.00 $ 11,800 --
12-06-2022 IA Audubon Cropland 156.00 $ 11,100 88.5
12-06-2022 MO Pettis Cropland 87.00 $ 5,850 --
12-06-2022 MO Pettis Cropland 94.00 $ 6,050 --
12-06-2022 IA Tama Cropland 117.06 $ 13,900 80.8
12-06-2022 IA Montgomery Cropland 80.36 $ 14,200 89.7
12-07-2022 MO Audrain Cropland 41.00 $ 11,100 73.4
12-07-2022 IA Johnson Cropland 150.00 $ 10,200 53
12-07-2022 IA Johnson Cropland 136.26 $ 13,599 81.5
12-07-2022 IA Johnson Cropland 95.65 $ 9,300 61.6
12-07-2022 IA Guthrie Cropland 61.00 $ 16,000 80.5
12-07-2022 IA Webster Cropland 33.00 $ 13,200 86.7
12-07-2022 IA Bremer Cropland 140.00 $ 9,350 70.2
12-07-2022 IA Bremer Cropland 44.00 $ 11,900 79.4
12-07-2022 IA Bremer Cropland 39.60 $ 9,400 65.5
12-07-2022 IA Jasper Cropland 43.80 $ 9,625 60.6
12-07-2022 IA Harrison Cropland 41.52 $ 7,025 52.1
12-07-2022 IA Jasper Cropland/Rec 60.62 $ 5,100 43.6
12-07-2022 IA Washington CRP 79.07 $ 10,925 56.2
12-07-2022 IA Washington CRP 74.80 $ 8,475 60
12-07-2022 IA Washington CRP/Rec 126.39 $ 6,000 --
12-07-2022 IA Lucas Cropland 80.00 $ 23,450 67.7
12-07-2022 IA Lucas Cropland 80.00 $ 21,700 67.4
12-07-2022 IA Lucas Cropland 80.00 $ 21,358 67.1
12-07-2022 MN Le Sueur Cropland/CRP 108.20 $ 6,238 81.5
12-07-2022 MN Cottonwood Cropland 40.00 $ 11,800 94.4
12-07-2022 MO Randolph Cropland 31.00 $ 7,200 59.4
12-07-2022 MO Audrain Cropland 41.00 $ 11,100 73.9
12-08-2022 IA Warren Cropland 151.86 $ 11,200 63.2
12-08-2022 IA Muscatine Cropland 156.40 $ 16,300 90.1
12-08-2022 IA Shelby Cropland 73.37 $ 24,000 96.3
12-08-2022 MN Watonwan Cropland 76.97 $ 13,000 94.2
12-08-2022 MN Watonwan Cropland 112.60 $ 12,850 92
12-08-2022 MN Jackson Ag land 83.66 $ 13,500 91.5
12-08-2022 IA Cass Cropland 64.30 80.1
12-08-2022 IA Cass Cropland/Pasture 122.53 $ 7,200 60.9
12-08-2022 IA Marion Cropland 40.00 $ 13,500 87.7
12-08-2022 IA Cass Cropland 136.32 83.4
12-08-2022 IA Hancock Cropland 80.00 $ 15,100 79.9
12-08-2022 IA Cass Cropland 176.25 83.3
12-08-2022 IA Cass Cropland 153.65 81.2
12-08-2022 IA Cass Pasture 35.58 $ 10,100 44
12-08-2022 IA Warren Cropland 47.80 $ 13,900 78
12-08-2022 IA Warren Cropland 30.00 $ 13,900 55.1
12-08-2022 IA Lucas Cropland 80.00 $ 12,500 67.8
12-08-2022 IA Cass Cropland/Pasture 225.00 $ 6,600 67.9
12-08-2022 IA Marion Cropland 80.00 $ 16,600 92.3
12-08-2022 MN Faribault Cropland 80.00 $ 1,100 93
12-09-2022 NE Dakota Cropland 152.00 $ 7,200 49
12-09-2022 IA Ringgold Cropland 83.49 $ 8,600 73.1
12-09-2022 IA Clayton Cropland 49.70 $ 16,500 83.3
12-09-2022 IA Pocahontas Cropland 157.00 $ 12,700 75.8
12-09-2022 IA Floyd Cropland 80.00 $ 15,300 87.2
12-09-2022 IA Muscatine Ag land 80.00 $ 20,600 98.1
12-09-2022 IA Muscatine Ag land 78.00 $ 20,600 96.2
12-09-2022 IA Lucas Cropland 79.89 $ 21,000 67.1
12-09-2022 NE Dixon Cropland 35.00 $ 8,800 68.5
12-09-2022 IA Ringgold Cropland 52.04 $ 9,600 73.3
12-09-2022 MN Faribault Cropland 59.80 $ 11,456 92.7
12-09-2022 NE Dixon Cropland 115.00 $ 7,100 68.5
12-10-2022 IA Shelby Cropland 63.36 $ 11,500 82.2
12-10-2022 IA Shelby Cropland 79.84 $ 18,400 89.7
Published in: Land Values