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Weekly Auction Results 5/21/23-5/27/23

May 30, 2023 - Ashley Poduska
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Iowa saw an uptick in auction activity the week of May 21.  22 tracts sold, and we were able to calculate an average dollar per acre, dollar per tillable acre, and dollar per CSR2 point.

The high sale of the week went to a Peoples Company auction in Greene County: It was an 80-acre cropland farm that sold for $17,550 per acre or $203 per CSR2.

Iowa Results
Tracts Sold: 22
Average $/Acre: $11,467
Average $/Tillable: $12,954
Average $/CSR2: $163
% Change from 4/15: -18%
Change from Q1 2023: -8%

Sale Date State County Land Type Gross Acres $ Per Acre CSR2
05-23-2023 IA Adams CRP/Rec. 142.37 48.9
05-24-2023 IA Des Moines Cropland 67.67 $ 13,000 87.1
05-24-2023 IA Des Moines Cropland 72.79 $ 12,200 84.8
05-24-2023 IA Des Moines Cropland 67.26 $ 12,100 72.6
05-24-2023 WI Dunn Cropland/MFL 37.85 $ 5,900 64.7
05-24-2023 WI Dunn Cropland/MFL 40.00 $ 9,200 66
05-24-2023 WI Dunn MFL 40.00 $ 5,900 --
05-24-2023 WI Dunn Cropland/MFL 35.00 $ 6,600 64.9
05-25-2023 IA Jackson Cropland 33.27 $ 11,100 57
05-25-2023 IA Jackson Cropland 59.90 $ 13,400 74.2
05-25-2023 IA Jackson Cropland 40.00 $ 13,600 87
05-25-2023 IA Jackson Cropland 103.74 $ 9,800 70.8
05-25-2023 IA Jackson Cropland 156.66 $ 7,500 71.7
05-25-2023 IA Jackson Cropland 140.23 $ 6,600 59.8
05-25-2023 IA Jackson Recreational 316.07 $ 3,300 64.7
05-25-2023 IA Jackson Cropland 79.46 $ 5,600 76.6
05-25-2023 IA Clarke Cropland 160.00 $ 13,700 86.2
05-25-2023 IA Greene Cropland 180.00 $ 9,700 83.1
05-25-2023 IA Jackson Cropland 124.31 $ 11,500 74.1
05-25-2023 IA Jackson Cropland 30.87 $ 13,600 89.5
05-25-2023 IA Jackson Cropland 99.46 $ 12,700 83.3
05-26-2023 IA Hardin Cropland 158.00 $ 10,600 53.3
05-26-2023 IA Fremont Cropland 80.00 $ 17,550 87.9
05-26-2023 IA Fremont Cropland 80.00 $ 16,500 87.7
05-26-2023 IA Hardin Cropland 74.15 $ 15,500 72.1
05-26-2023 IA Hardin Cropland 119.00 $ 11,250 64.7
Published in: Land Values