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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 --
08-02-2022 IA Bremer Cropland 121.50 $ 12,700 --
08-02-2022 IA Wayne Rec/Hunting 34.65 $ 7,215 --
08-02-2022 IA Decatur Cropland 74.14 $ 8,600 --
08-02-2022 IA Decatur Cropland 90.80 $ 9,300 --
08-02-2022 MN Faribault Cropland 40.00 $ 12,850 --
08-02-2022 IL Boone Cropland 61.85 $ 7,900 --
08-02-2022 MN Renville Cropland 80.71 $ 11,000 --
08-02-2022 MN Renville Cropland 111.31 $ 11,000 --
08-03-2022 MN Watonwan Cropland 160.00 $ 8,200 --
08-03-2022 IA Clarke Cropland 40.00 $ 18,800 --
08-04-2022 IA Dubuque Cropland 80.00 $ 13,500 --
08-04-2022 MN Dodge Cropland 133.00 $ 6,701 --
08-04-2022 IA Dubuque Cropland 80.00 $ 13,100 --
08-04-2022 IA Buena Vista Cropland 154.52 $ 12,500 --
08-04-2022 IA Buena Vista Cropland 80.00 $ 9,000 --
08-05-2022 IA Audubon Cropland 76.00 $ 20,500 --
08-05-2022 IA Audubon Cropland 66.40 $ 17,700 --
08-05-2022 IA Palo Alto Cropland 155.00 $ 22,200 --
08-05-2022 MO Sullivan Cropland 48.00 $ 5,250 --
08-06-2022 IA Wright Cropland 73.15 $ 16,000 --
08-06-2022 IA Clinton Cropland 153.30 $ 12,500 --
08-06-2022 IA Calhoun Cropland 131.00 $ 13,600 --
08-06-2022 IA Wright Cropland 80.00 $ 16,200 --
08-06-2022 IA Wright Cropland 59.73 $ 15,400 --
08-06-2022 IA Wright Cropland 56.42 $ 9,200 --
08-06-2022 IA Wright Cropland 37.36 $ 10,500 --
08-08-2022 IA Palo Alto Cropland 154.62 $ 20,100 --
08-08-2022 IA Buena Vista Cropland 145.00 $ 10,800 --
08-08-2022 IA Buena Vista Cropland 115.00 $ 10,800 --
08-08-2022 IA Fayette Cropland 73.67 $ 14,700 --
08-08-2022 IA Fayette Cropland 80.00 $ 10,600 --
08-08-2022 IA Polk Rec 133.80 $ 6,000 --
08-09-2022 MN Waseca Cropland 80.00 $ 11,300 --
08-09-2022 IA Floyd Cropland 135.00 $ 17,000 --
08-09-2022 IA Guthrie Cropland 62.27 $ 9,550 --
08-09-2022 IA Black Hawk Cropland 80.00 $ 12,600 --
08-09-2022 MN Washington Solar 80.60 $ 17,990 --
08-09-2022 MN Waseca Cropland 40.00 $ 13,200 --
08-09-2022 MN Waseca Cropland 98.89 $ 13,200 --
08-09-2022 MN Waseca Cropland 79.42 $ 11,250 --
08-09-2022 MN Waseca Cropland 118.39 $ 11,000 --
08-09-2022 MN Waseca Recreational/Cropland 49.25 $ 8,300 --
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 --
08-10-2022 IA Clayton Cropland 78.68 $ 14,337 --
08-10-2022 WI Sauk Ag land 39.15 $ 7,000 --
08-11-2022 IA Jones Cropland 79.00 $ 10,000 --
08-11-2022 IA Buena Vista Cropland 76.94 $ 13,400 --
08-11-2022 IA Buena Vista Cropland 80.00 $ 15,200 --
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 --
08-12-2022 IA Palo Alto Cropland 159.54 $ 19,000 --
08-12-2022 IA Palo Alto Cropland 65.95 $ 12,000 --
08-12-2022 IA Palo Alto Cropland 159.15 $ 12,000 --
08-12-2022 IA Black Hawk Cropland 91.53 $ 15,600 --
08-12-2022 IL McDonough Cropland 126.73 $ 19,700 --
08-12-2022 MN Faribault Cropland 80.00 $ 11,125 --
08-12-2022 IA Palo Alto Cropland 147.94 $ 15,300 --
08-13-2022 IA Hamilton Cropland 117.15 $ 8,350 --
08-15-2022 IA Mitchell CRP 154.00 $ 8,000 --
08-15-2022 IA Humboldt Cropland 113.93 $ 11,900 --
08-16-2022 IA Plymouth Cropland 155.23 $ 12,000 --
08-16-2022 IA Winnebago Cropland/CRP 79.00 $ 13,700 --
08-16-2022 MN McLeod Cropland 77.55 $ 7,531 --
08-16-2022 IA Plymouth Cropland 116.21 $ 12,000 --
08-16-2022 MN McLeod Cropland 39.51 $ 8,023 --
08-16-2022 IA Floyd Cropland 120.60 $ 8,700 --
08-17-2022 MN Renville Cropland 120.00 $ 14,000 --
08-17-2022 IA Humboldt Cropland 80.00 $ 20,300 --
08-17-2022 IA Humboldt Cropland 80.00 $ 18,400 --
08-17-2022 MN Freeborn Cropland 178.00 $ 13,300 --
08-17-2022 IA Muscatine Cropland 160.00 $ 18,800 --
08-17-2022 IA Jackson Cropland 185.61 $ 17,800 --
08-18-2022 IA Bremer Cropland 50.23 $ 13,625 --
08-18-2022 IA Clayton Cropland 117.80 $ 15,600 --
08-18-2022 IA Sioux Cropland 80.00 $ 15,700 --
08-18-2022 IA Fremont Cropland 80.00 $ 15,500 --
08-18-2022 MN Sibley Cropland 106.98 $ 7,712 --
08-18-2022 MN Sibley Cropland 44.28 $ 8,017 --
08-18-2022 MN Renville Cropland 161.40 $ 15,300 --
08-19-2022 IA Pottawattamie Cropland/Rec 160.00 $ 6,800 --
08-19-2022 IA Palo Alto Cropland 230.00 $ 12,400 --
08-23-2022 IA Humboldt Cropland 78.00 $ 9,800 --
08-23-2022 IA Bremer Cropland 37.25 $ 7,600 --
08-23-2022 IA Bremer Cropland 158.02 $ 9,300 --
08-23-2022 IA Webster Cropland 79.00 $ 14,000 --
08-23-2022 IA Clayton Cropland 120.99 $ 14,100 --
08-23-2022 IA Humboldt Cropland 158.34 $ 10,000 --
08-23-2022 MN Lyon Pasture 85.63 $ 2,500 --
08-23-2022 MN Lyon Hunting/Rec 40.00 $ 3,100 --
08-23-2022 MN Lyon Cropland 83.61 $ 7,800 --
08-24-2022 MN Grant Cropland 160.00 $ 3,400 --
08-24-2022 MN Grant Cropland 153.35 $ 8,331 --
08-24-2022 MN Grant Cropland 462.76 $ 8,600 --
08-24-2022 MN Grant Cropland 105.10 $ 6,900 --
08-24-2022 IA Muscatine Cropland 31.39 $ 17,000 --
08-24-2022 IA Muscatine Cropland 108.74 $ 16,000 --
08-24-2022 IA Muscatine Cropland 120.06 $ 13,100 --
08-24-2022 IA Cherokee Cropland 68.00 $ 9,500 --
08-24-2022 IA Muscatine Cropland 46.81 $ 12,100 --
08-25-2022 IA Grundy Cropland 119.89 $ 16,000 --
08-25-2022 IA Mahaska Cropland 125.78 $ 11,500 --
08-25-2022 IA Tama Cropland 78.62 $ 11,250 --
08-25-2022 IA Hancock Cropland 40.00 $ 15,300 --
08-25-2022 IA Emmet Cropland 70.00 $ 13,500 --
08-25-2022 IA Cherokee Cropland 141.00 $ 9,350 --
08-25-2022 NE Holt Pasture 100.00 $ 7,050 --
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 --
08-25-2022 IL Sangamon Cropland 40.00 $ 20,500 --
08-25-2022 MN Redwood Cropland 132.17 --
08-25-2022 MN Nicollet Cropland 74.30 $ 12,621 --
08-25-2022 IA Dickinson Cropland 113.74 $ 14,600 --
08-25-2022 IA Humboldt Cropland 219.18 $ 23,400 --
08-26-2022 IA Jackson Cropland 120.00 $ 14,300 --
08-26-2022 IA Humboldt Cropland 118.71 $ 10,425 --
08-26-2022 IA Humboldt Cropland 90.44 $ 13,584 --
08-26-2022 IA Lee Cropland 69.96 $ 11,100 --
08-26-2022 IA Warren Cropland 62.25 $ 9,000 --
08-26-2022 IA Warren Cropland 67.00 $ 11,000 --
08-26-2022 IA Warren Recreational 40.00 $ 6,500 --
08-26-2022 IA Jackson Cropland 120.00 $ 17,100 --
08-26-2022 IA Jackson Cropland 35.00 $ 10,700 --
08-26-2022 IL Winnebago Cropland 199.72 $ 14,300 --
08-29-2022 IA Mills Cropland 38.93 $ 13,250 --
08-30-2022 IA Keokuk Cropland 166.00 $ 15,100 --
08-30-2022 IA Cedar Cropland 224.14 $ 12,400 --
08-30-2022 IL DeKalb Cropland 85.75 $ 14,000 --
08-30-2022 MN Le Sueur Cropland 40.00 $ 7,250 --
08-30-2022 NE Hitchcock Pasture 507.00 --
08-31-2022 IA Worth Cropland/CRP 149.81 $ 12,600 --
08-31-2022 IA Scott Cropland 156.10 $ 16,100 --
08-31-2022 IA Shelby Cropland 80.29 $ 26,000 --
08-31-2022 IA Shelby Cropland 151.59 $ 20,100 --
08-31-2022 MN Blue Earth Cropland 35.39 $ 9,692 --
08-31-2022 IA Union Cropland 60.00 $ 6,425 --
08-31-2022 IA Delaware Cropland 100.30 $ 8,973 --
08-31-2022 IA Fayette Cropland 79.64 $ 7,800 --
08-31-2022 IA Benton Cropland 81.40 $ 13,500 --
08-31-2022 IA Benton Cropland 87.98 $ 11,500 --
09-01-2022 IA Osceola Cropland 141.76 $ 11,300 --
09-01-2022 IA Osceola Cropland 98.37 $ 10,200 --
09-01-2022 IA Osceola Cropland 155.29 $ 9,750 --
09-01-2022 IA Osceola Corpland 77.27 $ 8,700 --
09-01-2022 IA Osceola Cropland 77.16 $ 8,500 --
09-01-2022 IA Osceola Cropland 181.20 $ 7,550 --
09-01-2022 IA Keokuk Cropland 151.00 $ 15,500 --
09-01-2022 MN Jackson Cropland 80.00 $ 13,500 --
09-01-2022 MN Jackson Cropland 73.00 $ 14,700 --
09-01-2022 IA Worth CRP 182.00 $ 3,950 --
09-01-2022 MN Redwood CRP 48.00 $ 2,708 --
09-01-2022 MN Redwood Cropland/CRP 80.00 $ 5,625 --
09-01-2022 MN Redwood Cropland 106.72 $ 10,540 --
Published in: Land Values