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Land Auction Results - June 2022

July 5, 2022 - Ashley Poduska
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June 2022 Auction Data:
Tracts sold: 177
Average $/Acre: $12,798
Average $/Tillable Acre: $14,489
Average $/CSR2: $185

It was a busy June in auction sales:  June 2022 saw over twice as many tracts sell as compared to June 2021.  The average $/CSR2 of $185 was down 4% from May’s average of $193, but up 13% from June 2021. 

The high dollar per acre sale in June was a Dubuque County 59.32-acre cropland farm which brought $30,000 per acre or $270/CSR2.   The highest dollar per CSR2 sale in June was a Harrison County 129.33-acre cropland farm which brought $11,100 per acre, but with a 43.7 CSR2 that calculated to $12,087/tillable acre or $277/CSR2.

Peoples Company Auctions:
Listing #16191 - 164.50 Acres M/L in Clinton County, IA
Listing #16159 - 80.59 Acres M/L in Worth County, IA
Listing #16202 - 74 Acres M/L in Buchanan County, IA
Listing #16183 - 117 Acres M/L in Buchanan County, IA
Listing #16193 - 200.10 Acres M/L in Bremer County, IA
Listing #16197 - 80 Acres M/L in Wright County, IA
Listing #16198 - 320 Acres M/L in Howard County, IA

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

Sale Date State County Land Type Gross Acres $ Per Acre CSR2
Published in: Land Values