/ Blog

Land Auction Results - July 2022

August 1, 2022 - Ashley Poduska
Share

July 2022 Auction Data:
Tracts sold: 82
Acres sold: 9,127
Average $/Acre: $12,479
Average $/Tillable Acre: $14,084
Average $/CSR2: $179

Even through the Fourth of July and county fairs, auctions across the state of Iowa were still active in July 2022. We saw 82 tracts sell at public auction in July, -54% in volume from June. However, those 82 tracts were still more than July 2021’s 54 tracts. Prices remained relatively stable: With an average of $179/CSR2, Iowa is -3% from June’s $/CSR2 average, and +3% from Q2’s average. The average dollar per gross acre was $12,479, and the average dollar per tillable acre was $14,084.

The high dollar per gross acre sale of the month went to an O’Brien County farm, selling two tracts at $25,250 per acre. Tract 2 of this sale also brought us the high dollar per CSR2 sale of the month, bringing in $276 per CSR2. The runner up for $/CSR2 went to a Clayton County farm selling for $17,000 per acre, or $271 per CSR2.

Peoples Company Auctions:
Listing #16172 - 234.43 Acres M/L in Warren County, IA
Listing #16109 - 117.06 Acres M/L in Grant County, WI
Listing #16217 - 322.41 Acres M/L in Phelps County, NE
Listing #16225 - 85.75 Acres M/L in Appanoose & Wayne County, IA
Listing #16236 - 241.8 Acres M/L in Kossuth County, IA
Listing #16240 - 461.87 Acres M/L in Monroe County, IL
Listing #16256 - 207.5 Acres M/L in Decatur County, IA

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

Below are results for land auctions that occurred in July 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
07-01-2022 PA Warren Cropland 40.00 $ 14,100 67.4
07-01-2022 PA Warren Cropland/Pasture 72.45 $ 11,200 68
07-01-2022 PA Warren Cropland 114.43 $ 13,100 76.2
07-06-2022 IA Des Moines Cropland 80.00 $ 11,300 75.9
07-06-2022 IA Emmet Cropland 67.80 $ 7,522 84
07-06-2022 IA Des Moines Cropland 80.00 $ 11,300 75.2
07-06-2022 IA Des Moines Cropland 90.00 $ 12,400 79.5
07-07-2022 IA Benton Cropland 117.00 $ 9,500 71.8
07-07-2022 MN Blue Earth Cropland 40.00 $ 14,000 89.8
07-08-2022 IA Palo Alto Cropland 153.50 $ 16,000 83.7
07-08-2022 IA Black Hawk Cropland 77.00 $ 10,700 82.4
07-12-2022 WI Grant Cropland 49.43 $ 15,100 81.4
07-12-2022 IA Webster Cropland 122.00 $ 12,300 73.5
07-12-2022 IA Fremont Cropland 158.81 $ 9,899 83.4
07-12-2022 IA Muscatine Cropland 80.00 $ 20,100 94.8
07-12-2022 IA Jackson Cropland 194.29 $ 12,300 86.6
07-12-2022 IA Jackson Cropland 40.00 $ 13,000 85.5
07-12-2022 IA Jackson Cropland 40.00 $ 13,000 81.8
07-12-2022 IA Jackson Cropland 40.00 $ 9,900 61.9
07-12-2022 WI Grant Cropland 61.03 $ 10,600 81
07-12-2022 WI Grant Cropland 6.87 $ 24,000 88
07-13-2022 MN Beltrami Rec 78.39 $ 700 --
07-13-2022 IA Floyd Cropland 70.37 $ 12,500 87.7
07-13-2022 MN Yellow Medicine Cropland 193.01 $ 6,800 --
07-13-2022 IA Fayette Cropland 40.00 $ 10,400 83.6
07-13-2022 MN Meeker Cropland 72.50 $ 8,800 --
07-13-2022 IA Mills Cropland 156.00 $ 17,100 90.3
07-13-2022 IA Fayette Cropland 78.00 $ 14,700 86.1
07-14-2022 IA Des Moines Cropland 138.03 $ 10,800 79
07-14-2022 IA Shelby Cropland 79.65 $ 23,400 97
07-14-2022 IA Muscatine Cropland 80.36 $ 25,250 97.4
07-14-2022 IA Muscatine Cropland 76.86 $ 25,250 97.6
07-14-2022 IL De Witt Cropland 96.98 $ 18,200 140.7
07-14-2022 MN Redwood Cropland 92.59 93.3
07-14-2022 NE Phelps Cropland 322.41 $ 11,600 59.1
07-14-2022 IA Henry Cropland 79.00 $ 12,500 54.2
07-15-2022 MN Rice Cropland 128.20 $ 9,213 85.4
07-15-2022 IA Wright Cropland 143.00 $ 15,100 79.2
07-15-2022 IA Allamakee Cropland 40.00 $ 11,100 56
07-15-2022 NE Madison Cropland 158.40 $ 4,800 50.7
07-15-2022 IA Wayne Cropland 45.75 $ 13,600 53.5
07-15-2022 IA Mitchell Cropland 192.93 $ 14,500 90.5
07-15-2022 IA Worth Cropland 73.86 $ 9,500 84.8
07-18-2022 IA Polk Cropland 71.04 $ 9,115 58.5
07-18-2022 IA Hardin Rec/Cropland 40.00 $ 6,600 72.3
07-19-2022 MN Mower Cropland 226.07 $ 10,659 86.7
07-19-2022 IA Appanoose Cropland 160.00 $ 15,100 73.6
07-19-2022 IA Appanoose Cropland 192.00 $ 12,100 73.6
07-19-2022 IA Marion Cropland 120.00 $ 9,100 69.8
07-19-2022 IA Keokuk Cropland 80.00 $ 15,000 82.3
07-19-2022 IA Keokuk Cropland 41.00 $ 8,600 58.8
07-19-2022 IA Keokuk Cropland 80.00 $ 15,400 80.3
07-19-2022 IA Keokuk Cropland 120.00 $ 14,650 84.5
07-19-2022 IA Wright Cropland 80.00 $ 13,200 73.1
07-20-2022 IA Dickinson Cropland 114.51 $ 20,200 87.3
07-20-2022 MN Cottonwood Cropland 231.67 $ 14,650 --
07-21-2022 IA Adair Cropland 77.00 $ 6,000 52.6
07-21-2022 IA Benton Cropland 40.00 $ 19,600 88.2
07-21-2022 IA Benton Cropland 77.00 $ 17,700 87.5
07-21-2022 IA Benton Cropland 160.00 $ 17,700 86.6
07-21-2022 IA Wayne Cropland 158.00 $ 6,100 40.2
07-21-2022 IA Wayne Cropland 156.00 $ 7,100 50.8
07-21-2022 IA Wayne Cropland 160.00 $ 7,500 52
07-21-2022 IA Clay Cropland 94.10 $ 17,000 62.9
07-21-2022 IA Butler Cropland/Rec 80.00 $ 6,300 62.4
07-21-2022 IA Adair Cropland 156.00 $ 9,000 71.7
07-21-2022 IA Adair Cropland 265.00 $ 7,500 67.5
07-21-2022 IA Adair Cropland 156.00 $ 7,900 70.7
07-21-2022 IA Adair Cropland 77.00 $ 7,000 54.4
07-21-2022 IA Adair Cropland 239.00 $ 5,600 54.2
07-21-2022 IA Adair Cropland 150.00 $ 9,700 69.9
07-21-2022 IA Adair Cropland 148.00 $ 10,250 81.8
07-21-2022 IA Adair Cropland 144.00 $ 8,400 66.4
07-21-2022 IA Adair Cropland 38.00 $ 6,500 53.3
07-21-2022 IA Howard Cropland 90.00 $ 11,800 82.9
07-21-2022 IA Muscatine Cropland 80.00 $ 21,050 94.7
07-21-2022 IA Muscatine Cropland 80.00 $ 18,000 94.1
07-21-2022 IA Palo Alto Cropland 80.80 $ 18,500 86
07-21-2022 MN Mower Cropland 153.50 $ 8,950 --
07-23-2022 IA Mills Ag 60.00 $ 14,000 91.5
07-23-2022 IA Mills Ag 165.00 $ 7,800 70.7
07-25-2022 IA Scott Cropland 156.00 $ 15,000 68
07-25-2022 MO Cooper Recrerational 38.73 $ 4,523 72
07-26-2022 MO Adair Ag land 82.00 68.5
07-26-2022 MO Adair Ag land 58.00 65.3
07-26-2022 IA Marshall Cropland 167.51 $ 12,000 84.5
07-27-2022 MO Putnam Cropland 142.00 $ 4,000 68.5
07-27-2022 IA Emmet Cropland 152.39 $ 12,500 85.6
07-27-2022 IA Adams Cropland 117.39 62.7
07-27-2022 IA Sioux Cropland 116.15 $ 20,000 83.3
07-27-2022 IA Des Moines Cropland 159.70 $ 18,700 87.6
07-28-2022 IL Monroe Cropland 111.02 $ 6,000 113.5
07-28-2022 IL Monroe Cropland/ Rec 288.64 $ 1,950 109
07-28-2022 MN Blue Earth Cropland 150.34 $ 11,900 93.2
07-28-2022 MN Blue Earth Cropland 36.17 $ 7,100 --
07-28-2022 WI Eau Claire Cropland 26.50 36.5
07-28-2022 IA Ringgold Cropland 247.00 $ 13,300 87.6
07-28-2022 IA Ringgold Cropland 73.00 $ 13,300 77.7
07-28-2022 IA Humboldt Cropland 118.00 $ 9,100 76.9
07-28-2022 IA Marion Cropland 267.79 $ 14,250 83.2
07-28-2022 IA Clay Cropland/Rec 40.75 $ 8,000 53.1
07-28-2022 IA Clay Cropland/Rec 181.85 $ 8,000 43.7
07-28-2022 IA Muscatine Cropland 160.00 $ 23,500 95.7
07-28-2022 IA Mills Cropland 100.51 $ 6,100 68.3
07-28-2022 IL Monroe Cropland/Timber 62.21 $ 2,200 112.5
07-28-2022 WI Eau Claire Cropland 64.34 41.9
07-29-2022 IA Davis Cropland 37.50 $ 3,450 37.1
07-29-2022 IA Davis Cropland/ Timber 40.00 $ 4,000 54
07-29-2022 IA Davis Cropland/Timber 130.00 $ 3,000 44.9
Published in: Land Values