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Land Auction Results - August 2022

September 2, 2022 - Ashley Poduska
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There were 94 tracts of land that sold at auction in the month of August in Iowa. During these auctions, there were a total of 9,783 acres available for purchase and of those acres, 88% were tillable acres.

Iowa Results:
Tracts Sold: 94
Average $/Acre: $12,962
Average $/Tillable: $14,499
Average $/CSR2: $184
Change from July: +3%
Change from 2022 Q2: -2%
One Year Change: +17%

The high sale of the month went to a Sioux County 80.3-acre cropland farm, bringing $26,000/acre or $292/CSR2. Honorable mention goes to a Plymouth County 155-acre cropland farm, bringing $22,200/acre or $263/CSR2.

Peoples Company Auctions:
Listing #16270 - 34.65 Acres M/L in Wayne County, IA
Listing #16271 - 465.95 Acres M/L in Waseca County, MN
Listing #16289 - 157.37 Acres M/L in Clinton County, IA
Listing #16267 - 79 Acres M/L in Keokuk County, IA
Listing #16264 - 91.53 Acres M/L in Boone County, IA
Listing #16269 - 80 Acres M/L in Greene County, IA
Listing #16326 - 120 Acres M/L in Clinton County, IA
Listing #16252 - 209.32 Acres M/L in Lyon County, MN
Listing #16294 - 120 Acres M/L in Guthrie County, IA
Listing #16283 - 149.81 Acres M/L in in Worth County, IA

Click here to view the Iowa Land Values Update for 2022 Quarter 2.

Below is a map of the auction data in Iowa for August 2022.

Illinois Results:
Tracts Sold: 6
Average $/Acre: $15,833
Average $/Tillable: $17,051
Average $/PI: $118

Minnesota Results:
Tracts Sold: 34
Average $/Acre: $9,424
Average $/Tillable: $10,480
Average $/PI: $118

Missouri Results:
Tracts Sold: 4
Average $/Acre: $5,175
Average $/Tillable: $n/a
Average $/PI: $n/a

Nebraska Results:
Tracts Sold: 6
Average $/Acre: $6,145
Average $/Tillable: $n/a
Average $/PI: $n/a

Wisconsin Results:
Tracts Sold: 7
Average $/Acre: $10,671
Average $/Tillable: $n/a
Average $/PI: $n/a

Below is a map of the auction data in the Midwest for August 2022.

Below are results for land auctions that occurred in August 2022. These are all agricultural real estate auctions containing greater than 35 acres. Dollar per CSR2 was calculated only for those tracts containing greater than 85% tillable with minimal improvement contribution. Data is presented on a monthly and quarterly basis, and can be found on our website: https://peoplescompany.com/
 

Sale Date State County Land Type Gross Acres $ Per Acre CSR2
08-02-2022 IA Kossuth Transitional 48.04 $ 3,225 35.8
08-02-2022 IA Bremer Cropland 121.50 $ 12,700 87.7
08-02-2022 IA Wayne Rec/Hunting 34.65 $ 7,215 27.8
08-02-2022 IA Decatur Cropland 74.14 $ 8,600 59.5
08-02-2022 IA Decatur Cropland 90.80 $ 9,300 49.2
08-02-2022 MN Faribault Cropland 40.00 $ 12,850 88.5
08-02-2022 IL Boone Cropland 61.85 $ 7,900 125.6
08-02-2022 MN Renville Cropland 80.71 $ 11,000 87.3
08-02-2022 MN Renville Cropland 111.31 $ 11,000 91.4
08-03-2022 MN Watonwan Cropland 160.00 $ 8,200 93.1
08-03-2022 IA Clarke Cropland 40.00 $ 18,800 89
08-04-2022 IA Dubuque Cropland 80.00 $ 13,500 80.6
08-04-2022 MN Dodge Cropland 133.00 $ 6,701 74
08-04-2022 IA Dubuque Cropland 80.00 $ 13,100 80.4
08-04-2022 IA Buena Vista Cropland 154.52 $ 12,500 89.9
08-04-2022 IA Buena Vista Cropland 80.00 $ 9,000 72.2
08-05-2022 IA Audubon Cropland 76.00 $ 20,500 93.2
08-05-2022 IA Audubon Cropland 66.40 $ 17,700 90
08-05-2022 IA Palo Alto Cropland 155.00 $ 22,200 89.6
08-05-2022 MO Sullivan Cropland 48.00 $ 5,250 55.7
08-06-2022 IA Wright Cropland 73.15 $ 16,000 81.6
08-06-2022 IA Clinton Cropland 153.30 $ 12,500 69.6
08-06-2022 IA Calhoun Cropland 131.00 $ 13,600 82.9
08-06-2022 IA Wright Cropland 80.00 $ 16,200 77.7
08-06-2022 IA Wright Cropland 59.73 $ 15,400 67.6
08-06-2022 IA Wright Cropland 56.42 $ 9,200 77.3
08-06-2022 IA Wright Cropland 37.36 $ 10,500 75.2
08-08-2022 IA Palo Alto Cropland 154.62 $ 20,100 87.2
08-08-2022 IA Buena Vista Cropland 145.00 $ 10,800 71
08-08-2022 IA Buena Vista Cropland 115.00 $ 10,800 70.7
08-08-2022 IA Fayette Cropland 73.67 $ 14,700 90.7
08-08-2022 IA Fayette Cropland 80.00 $ 10,600 90.7
08-08-2022 IA Polk Rec 133.80 $ 6,000 --
08-09-2022 MN Waseca Cropland 80.00 $ 11,300 93.6
08-09-2022 IA Floyd Cropland 135.00 $ 17,000 90.8
08-09-2022 IA Guthrie Cropland 62.27 $ 9,550 80.7
08-09-2022 IA Black Hawk Cropland 80.00 $ 12,600 87.4
08-09-2022 MN Washington Solar 80.60 $ 17,990 --
08-09-2022 MN Waseca Cropland 40.00 $ 13,200 96.7
08-09-2022 MN Waseca Cropland 98.89 $ 13,200 93.4
08-09-2022 MN Waseca Cropland 79.42 $ 11,250 91.3
08-09-2022 MN Waseca Cropland 118.39 $ 11,000 91.6
08-09-2022 MN Waseca Recreational/Cropland 49.25 $ 8,300 94.9
08-10-2022 WI Sauk Ag land 65.98 $ 8,700 --
08-10-2022 MN Fillmore Cropland 79.45 $ 7,306 --
08-10-2022 MN Fillmore Cropland 80.00 $ 7,306 --
08-10-2022 MN Fillmore Cropland 46.80 $ 7,306 --
08-10-2022 WI Sauk Ag land 41.65 $ 7,200 --
08-10-2022 WI Sauk Ag land 39.27 $ 7,200 --
08-10-2022 WI Sauk Headquarters 37.03 $ 26,195 --
08-10-2022 WI Sauk Ag land 40.33 $ 9,200 --
08-10-2022 WI Sauk Ag land 66.67 $ 9,200 --
08-10-2022 IA Clayton Cropland 80.00 $ 15,900 73.3
08-10-2022 IA Clayton Cropland 78.68 $ 14,337 63.8
08-10-2022 WI Sauk Ag land 39.15 $ 7,000 --
08-11-2022 IA Jones Cropland 79.00 $ 10,000 66.7
08-11-2022 IA Buena Vista Cropland 76.94 $ 13,400 84.9
08-11-2022 IA Buena Vista Cropland 80.00 $ 15,200 86.9
08-11-2022 IA Page CRP 113.08 $ 6,750 --
08-11-2022 MN Mower Cropland 120.80 $ 7,300 --
08-11-2022 NE Cedar Cropland 144.13 $ 10,200 46.8
08-12-2022 IA Palo Alto Cropland 159.54 $ 19,000 87.1
08-12-2022 IA Palo Alto Cropland 65.95 $ 12,000 74.5
08-12-2022 IA Palo Alto Cropland 159.15 $ 12,000 70.9
08-12-2022 IA Black Hawk Cropland 91.53 $ 15,600 84.2
08-12-2022 IL McDonough Cropland 126.73 $ 19,700 139.3
08-12-2022 MN Faribault Cropland 80.00 $ 11,125 90.2
08-12-2022 IA Palo Alto Cropland 147.94 $ 15,300 68.1
08-13-2022 IA Hamilton Cropland 117.15 $ 8,350 64
08-15-2022 IA Mitchell CRP 154.00 $ 8,000 --
08-15-2022 IA Humboldt Cropland 113.93 $ 11,900 64.1
08-16-2022 IA Plymouth Cropland 155.23 $ 12,000 84.3
08-16-2022 IA Winnebago Cropland/CRP 79.00 $ 13,700 83.6
08-16-2022 MN McLeod Cropland 77.55 $ 7,531 91.6
08-16-2022 IA Plymouth Cropland 116.21 $ 12,000 84.6
08-16-2022 MN McLeod Cropland 39.51 $ 8,023 88.3
08-16-2022 IA Floyd Cropland 120.60 $ 8,700 76.7
08-17-2022 MN Renville Cropland 120.00 $ 14,000 92.1
08-17-2022 IA Humboldt Cropland 80.00 $ 20,300 92.9
08-17-2022 IA Humboldt Cropland 80.00 $ 18,400 85.9
08-17-2022 MN Freeborn Cropland 178.00 $ 13,300 93.9
08-17-2022 IA Muscatine Cropland 160.00 $ 18,800 92.5
08-17-2022 IA Jackson Cropland 185.61 $ 17,800 90.7
08-18-2022 IA Bremer Cropland 50.23 $ 13,625 70.3
08-18-2022 IA Clayton Cropland 117.80 $ 15,600 78.3
08-18-2022 IA Sioux Cropland 80.00 $ 15,700 88
08-18-2022 IA Fremont Cropland 80.00 $ 15,500 85.9
08-18-2022 MN Sibley Cropland 106.98 $ 7,712 89.3
08-18-2022 MN Sibley Cropland 44.28 $ 8,017 87.9
08-18-2022 MN Renville Cropland 161.40 $ 15,300 93.6
08-19-2022 IA Pottawattamie Cropland/Rec 160.00 $ 6,800 59.6
08-19-2022 IA Palo Alto Cropland 230.00 $ 12,400 80.7
08-23-2022 IA Humboldt Cropland 78.00 $ 9,800 63.8
08-23-2022 IA Bremer Cropland 37.25 $ 7,600 85.8
08-23-2022 IA Bremer Cropland 158.02 $ 9,300 85.9
08-23-2022 IA Webster Cropland 79.00 $ 14,000 81.9
08-23-2022 IA Clayton Cropland 120.99 $ 14,100 77.5
08-23-2022 IA Humboldt Cropland 158.34 $ 10,000 61.2
08-23-2022 MN Lyon Pasture 85.63 $ 2,500 66.6
08-23-2022 MN Lyon Hunting/Rec 40.00 $ 3,100 33.6
08-23-2022 MN Lyon Cropland 83.61 $ 7,800 91.8
08-24-2022 MN Grant Cropland 160.00 $ 3,400 72.2
08-24-2022 MN Grant Cropland 153.35 $ 8,331 85.2
08-24-2022 MN Grant Cropland 462.76 $ 8,600 84.9
08-24-2022 MN Grant Cropland 105.10 $ 6,900 88
08-24-2022 IA Muscatine Cropland 31.39 $ 17,000 77.5
08-24-2022 IA Muscatine Cropland 108.74 $ 16,000 76
08-24-2022 IA Muscatine Cropland 120.06 $ 13,100 89.2
08-24-2022 IA Cherokee Cropland 68.00 $ 9,500 76.1
08-24-2022 IA Muscatine Cropland 46.81 $ 12,100 85.6
08-25-2022 IA Grundy Cropland 119.89 $ 16,000 80.2
08-25-2022 IA Mahaska Cropland 125.78 $ 11,500 73.2
08-25-2022 IA Tama Cropland 78.62 $ 11,250 77.2
08-25-2022 IA Hancock Cropland 40.00 $ 15,300 88.2
08-25-2022 IA Emmet Cropland 70.00 $ 13,500 77
08-25-2022 IA Cherokee Cropland 141.00 $ 9,350 76.7
08-25-2022 NE Holt Pasture 100.00 $ 7,050 53.2
08-25-2022 NE Holt Recreation 159.95 $ 1,050 --
08-25-2022 NE Holt Cropland 220.00 $ 1,825 --
08-25-2022 MN Redwood Cropland 14.00 --
08-25-2022 IL Sangamon Cropland 35.00 $ 18,600 136.2
08-25-2022 IL Sangamon Cropland 40.00 $ 20,500 142.2
08-25-2022 MN Redwood Cropland 132.17 --
08-25-2022 MN Nicollet Cropland 74.30 $ 12,621 91.3
08-25-2022 IA Dickinson Cropland 113.74 $ 14,600 62.4
08-25-2022 IA Humboldt Cropland 219.18 $ 23,400 92
08-26-2022 IA Jackson Cropland 120.00 $ 14,300 74.2
08-26-2022 IA Humboldt Cropland 118.71 $ 10,425 85.3
08-26-2022 IA Humboldt Cropland 90.44 $ 13,584 84.8
08-26-2022 IA Lee Cropland 69.96 $ 11,100 60.2
08-26-2022 IA Warren Cropland 62.25 $ 9,000 72.9
08-26-2022 IA Warren Cropland 67.00 $ 11,000 56
08-26-2022 IA Warren Recreational 40.00 $ 6,500 --
08-26-2022 IA Jackson Cropland 120.00 $ 17,100 83.6
08-26-2022 IA Jackson Cropland 35.00 $ 10,700 53.1
08-26-2022 IL Winnebago Cropland 199.72 $ 14,300 137.3
08-29-2022 IA Mills Cropland 38.93 $ 13,250 80.9
08-30-2022 IA Keokuk Cropland 166.00 $ 15,100 76.9
08-30-2022 IA Cedar Cropland 224.14 $ 12,400 83.8
08-30-2022 IL DeKalb Cropland 85.75 $ 14,000 141.7
08-30-2022 MN Le Sueur Cropland 40.00 $ 7,250 85.1
08-30-2022 NE Hitchcock Pasture 507.00 42.7
08-31-2022 IA Worth Cropland/CRP 149.81 $ 12,600 66.7
08-31-2022 IA Scott Cropland 156.10 $ 16,100 68.7
08-31-2022 IA Shelby Cropland 80.29 $ 26,000 91.3
08-31-2022 IA Shelby Cropland 151.59 $ 20,100 90.6
08-31-2022 MN Blue Earth Cropland 35.39 $ 9,692 89.1
08-31-2022 IA Union Cropland 60.00 $ 6,425 54.5
08-31-2022 IA Delaware Cropland 100.30 $ 8,973 77.2
08-31-2022 IA Fayette Cropland 79.64 $ 7,800 88.6
08-31-2022 IA Benton Cropland 81.40 $ 13,500 84.4
08-31-2022 IA Benton Cropland 87.98 $ 11,500 80.7
09-01-2022 IA Osceola Cropland 141.76 $ 11,300 77.3
09-01-2022 IA Osceola Cropland 98.37 $ 10,200 76
09-01-2022 IA Osceola Cropland 155.29 $ 9,750 90
09-01-2022 IA Osceola Corpland 77.27 $ 8,700 71.5
09-01-2022 IA Osceola Cropland 77.16 $ 8,500 74.7
09-01-2022 IA Osceola Cropland 181.20 $ 7,550 72.1
09-01-2022 IA Keokuk Cropland 151.00 $ 15,500 85.8
09-01-2022 MN Jackson Cropland 80.00 $ 13,500 93.3
09-01-2022 MN Jackson Cropland 73.00 $ 14,700 92.2
09-01-2022 IA Worth CRP 182.00 $ 3,950 28
09-01-2022 MN Redwood CRP 48.00 $ 2,708 --
09-01-2022 MN Redwood Cropland/CRP 80.00 $ 5,625 85.9
09-01-2022 MN Redwood Cropland 106.72 $ 10,540 86.9
Published in: Land Values