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Weekly Auction Results: 4/2/23-4/8/23

April 10, 2023 - Ashley Poduska
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There were 9 tracts of land offered at public auction in Iowa April 2-8, 2023. During these auctions, there was a total of 741 acres available for purchase and of those acres, 91% were tillable.

Iowa Results

Tracts Sold: 9
Average $/Acre: $14,064
Average $/Tillable: $16,012
Average $/CSR2: $203
1 Week % Change: +18%
Change from Q1 2023: +15%

The high sale of the week went to a Lyon County 70.4-acre cropland farm that sold for $17,800 per acre or $270 per CSR2.

Below is a chart tracking the weekly change in dollar per acre, dollar per tillable acre, and dollar per CSR2 over the past 12 months.

Sale Date State County Land Type Gross Acres $ Per Acre CSR2
04-03-2023 IA Palo Alto Cropland 126.00 $ 18,150 76
04-03-2023 MN Olmsted Cropland 115.00 $ 7,696 86.3
04-03-2023 IA Calhoun Cropland 75.00 $ 17,500 83.1
04-03-2023 IA Calhoun Cropland 40.00 $ 17,500 84.3
04-04-2023 IA Buchanan Cropland 80.00 $ 14,300 82
04-04-2023 IA Woodbury Cropland 80.00 $ 8,300 72.1
04-05-2023 MN Goodhue Cropland 39.95 $ 13,600 94.2
04-05-2023 IA Lucas Cropland 70.38 $ 17,800 68.7
04-05-2023 IA Des Moines Cropland 70.15 $ 14,100 81.6
04-05-2023 IA Clayton Cropland/Rec. 119.30 $ 5,125 76.8
04-05-2023 IA Des Moines Cropland 80.11 $ 13,800 84.6
04-05-2023 MN Goodhue Cropland 179.06 $ 6,300 78.5
04-05-2023 MN Goodhue Cropland 72.21 $ 5,400 83.9
04-06-2023 MN Dodge Cropland 66.04 $ 10,600 94
04-08-2023 MN Rice Cropland 76.95 $ 7,200 80.5
Published in: Land Values