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Land Auction Results | August 2024

September 3, 2024 - Ashley Poduska
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The appraisal team at Peoples Company was able to track 52 tracts or 5,039 acres sold at public auction in Iowa during August 2024. The average dollar per acre was $13,134, the average dollar per tillable acre was $14,862, and the average dollar per CSR2 was $181.

Click HERE to view the Iowa Land Values Update for 2024 Quarter 2.

Below are results for land auctions that occurred in August 2024. 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
08-01-2024 IA Jones Cropland 83.83 $ 14,000 --
08-01-2024 IA Polk Cropland/Transitional 14.27 $ 28,000 --
08-01-2024 IA Polk Cropland/Transitional 46.37 $ 38,000 --
08-01-2024 IA Polk Cropland/Transitional 60.46 $ 38,000 --
08-01-2024 MN Lac qui Parle Cropland/CRP 160.64 $ 4,367 --
08-01-2024 MN Redwood Cropland 80.00 $ 10,027 --
08-01-2024 SD Aurora Pasture 174.00 $ 3,500 --
08-01-2024 IA Jones Cropland 154.80 $ 6,900 --
08-02-2024 MO Sullivan Cropland 109.24 $ 3,600 --
08-02-2024 MO Sullivan Cropland/Livestock 97.92 $ 4,600 --
08-02-2024 MO Sullivan Cropland 167.94 $ 4,700 --
08-02-2024 MO Sullivan Rec 308.58 $ 3,550 --
08-02-2024 MO Sullivan Cropland 190.25 $ 4,700 --
08-02-2024 MO Sullivan Cropland 52.86 $ 4,400 --
08-02-2024 MO Sullivan Pasture 152.45 $ 3,600 --
08-02-2024 MO Sullivan Rec 97.50 $ 4,500 --
08-02-2024 MO Sullivan Cropland 115.78 $ 4,550 --
08-02-2024 MO Sullivan Rec 78.26 $ 3,400 --
08-02-2024 IA Wayne Cropland 160.00 $ 4,600 --
08-06-2024 IA Chickasaw Cropland 76.00 $ 16,100 --
08-06-2024 IA Chickasaw Cropland 79.00 $ 13,300 --
08-06-2024 IA Chickasaw Cropland 36.50 $ 22,500 --
08-08-2024 IA Shelby Cropland 116.00 $ 15,500 --
08-08-2024 IA Poweshiek Cropland 80.00 $ 19,000 --
08-08-2024 IA Shelby Cropland 151.35 $ 9,600 --
08-08-2024 IA Harrison Cropland/Pasture 78.00 $ 7,100 --
08-12-2024 MN Kandiyohi Transitional 62.43 $ 6,800 --
08-13-2024 NE Madison Cropland 73.03 $ 9,200 --
08-13-2024 IA Floyd Cropland 184.07 $ 7,850 --
08-13-2024 IA Clay Cropland 65.00 $ 15,400 --
08-13-2024 MI Branch Cropland 77.00 $ 11,818 --
08-13-2024 MI Branch Rec 98.00 $ 8,724 --
08-13-2024 MI Branch Cropland 76.00 $ 7,697 --
08-13-2024 MN Otter Tail Pasture 30.00 $ 1,450 --
08-13-2024 MN Otter Tail Residential 50.00 $ 3,200 --
08-13-2024 NE Platte Cropland 154.31 $ 8,750 --
08-13-2024 NE Platte Cropland/Pasture 82.56 $ 6,351 --
08-14-2024 MN Otter Tail Ag land 57.00 $ 4,150 --
08-14-2024 MN Otter Tail Residential 50.00 $ 5,400 --
08-14-2024 IA Jasper Cropland 174.03 $ 9,350 --
08-14-2024 IL Champaign Cropland 80.00 $ 16,000 --
08-14-2024 IL Champaign Cropland 80.00 $ 17,400 --
08-14-2024 MN Otter Tail Recreational 38.52 $ 6,500 --
08-14-2024 MN Otter Tail Rec 39.01 $ 5,500 --
08-15-2024 NE Garden CRP/Pasture 429.94 $ 800 --
08-15-2024 IA Clarke Pasture 278.00 $ 4,300 --
08-15-2024 IA Clarke Pasture 72.00 $ 5,000 --
08-15-2024 IA Clarke Pasture 183.00 $ 4,150 --
08-15-2024 IA Clarke Pasture 39.98 $ 4,550 --
08-15-2024 NE Wayne Cropland 160.00 $ 11,350 --
08-16-2024 IA Plymouth Cropland 71.82 $ 13,700 --
08-19-2024 MI Sanilac Rec 40.00 $ 7,600 --
08-19-2024 IL Knox Cropland 97.00 $ 14,700 --
08-19-2024 MI St. Clair Cropland 78.85 $ 7,100 --
08-19-2024 MI Huron Transitional 41.09 $ 13,000 --
08-20-2024 MN Sibley Cropland 54.97 $ 10,710 --
08-21-2024 IA Osceola Cropland 79.01 $ 13,850 --
08-21-2024 IA Osceola Cropland 79.49 $ 15,000 --
08-21-2024 IA Dickinson Cropland 77.29 $ 14,450 --
08-21-2024 IA Buchanan Cropland 44.00 $ 16,500 --
08-21-2024 IA Linn Acreage/Cropland 118.41 $ 19,225 --
08-21-2024 IL Ford Cropland 80.00 $ 17,600 --
08-21-2024 MO Marion Pasture 25.10 $ 8,500 --
08-21-2024 MO Marion Cropland 69.90 $ 7,500 --
08-21-2024 MO Ralls Pasture 206.30 $ 7,000 --
08-21-2024 MO Ralls Cropland 132.60 $ 12,400 --
08-22-2024 IL Peoria Cropland 77.79 $ 14,000 --
08-22-2024 SD Codington Cropland 158.22 $ 10,500 --
08-22-2024 SD Codington Cropland 50.81 $ 5,400 --
08-22-2024 SD Grant Building Site 39.20 $ 5,400 --
08-22-2024 SD Grant Cropland 65.36 $ 5,400 --
08-22-2024 SD Grant Cropland 151.34 $ 5,400 --
08-22-2024 SD Grant Cropland/Pasture 160.00 $ 5,400 --
08-22-2024 SD Grant Building Site 10.28 $ 5,400 --
08-22-2024 SD Grant Cropland 150.00 $ 5,400 --
08-22-2024 IL Kankakee Cropland 30.00 $ 13,250 --
08-22-2024 IL Kankakee Cropland 70.00 $ 13,300 --
08-22-2024 IL Hancock Cropland 81.12 $ 10,700 --
08-22-2024 IL Hancock Cropland 77.00 $ 9,000 --
08-22-2024 IA Dallas Bldg Site/Cropland 65.75 $ 17,000 --
08-22-2024 IA Dallas Cropland 39.75 $ 17,000 --
08-22-2024 IA Franklin Cropland 164.00 $ 14,100 --
08-22-2024 IA Franklin Cropland 149.00 $ 17,400 --
08-22-2024 IA Lee Cropland/Rec 27.41 $ 6,050 --
08-22-2024 IA Pocahontas Cropland 165.00 $ 11,000 --
08-22-2024 IL Kankakee Cropland 80.75 $ 9,600 --
08-22-2024 IL Kankakee Cropland 122.07 $ 11,000 --
08-22-2024 IA Adair Cropland 80.00 $ 9,900 --
08-22-2024 NE York Irrigated Cropland 160.13 $ 12,150 --
08-22-2024 NE York Irrigated Cropland 234.44 $ 10,750 --
08-23-2024 IL Macon Cropland 80.00 $ 16,600 --
08-23-2024 IL Macon Cropland 156.84 $ 15,800 --
08-23-2024 IL Macon Cropland 120.00 $ 15,600 --
08-23-2024 IA Butler Cropland 100.00 $ 5,800 --
08-23-2024 IA Franklin Cropland 40.00 $ 11,200 --
08-23-2024 IL Macon Cropland 88.54 $ 11,900 --
08-23-2024 IL Macon Cropland 200.00 $ 16,100 --
08-23-2024 IL Macon Cropland 80.00 $ 14,200 --
08-26-2024 MN Stevens Cropland 153.85 $ 6,050 --
08-26-2024 IL McDonough Grain Facility 1.00 $ 12,000 --
08-26-2024 MO Nodaway Pasture 78.32 $ 4,800 --
08-26-2024 MN Grant Cropland 236.31 $ 4,750 --
08-27-2024 IA Lee Cropland/Site 39.25 $ 7,400 --
08-27-2024 MO Johnson Acreage/pasture 80.00 $ 10,406 --
08-27-2024 NE Butler Cropland 192.20 $ 7,500 --
08-27-2024 IA Chickasaw Cropland 79.00 $ 17,500 --
08-27-2024 IA Ida Cropland 80.00 $ 14,200 --
08-27-2024 MN Lyon Cropland 188.60 $ 13,700 --
08-27-2024 IA Lee Cropland 195.71 $ 6,500 --
08-27-2024 IA Lee Cropland 67.28 $ 4,650 --
08-27-2024 IA Lee Cropland/Rec 284.01 $ 4,500 --
08-27-2024 IA OBrien Cropland 63.00 $ 19,000 --
08-27-2024 IA OBrien Cropland 80.00 $ 18,100 --
08-27-2024 IL Kankakee Cropland 137.66 $ 9,300 --
08-27-2024 IL Will Cropland 40.00 $ 12,900 --
08-28-2024 IA Cerro Gordo Residential 37.00 --
08-28-2024 IL Cumberland Cropland 177.00 $ 13,400 --
08-28-2024 IL Stephenson Cropland 87.88 $ 14,750 --
08-28-2024 IA Hancock Cropland 80.00 $ 11,800 --
08-28-2024 IA Hancock Acreage/Cropland/CRP 80.00 $ 11,800 --
08-28-2024 IA Grundy Cropland 152.02 $ 13,500 --
08-28-2024 IL Stephenson Cropland 75.00 $ 13,400 --
08-28-2024 IL Stephenson Cropland 80.00 $ 14,400 --
08-28-2024 IL Stephenson Cropland 196.97 $ 13,400 --
08-28-2024 IL Macon Cropland 35.67 $ 16,000 --
08-28-2024 IL Macon Cropland 41.34 $ 18,000 --
08-28-2024 IL Macon Cropland 41.33 $ 18,000 --
08-29-2024 IL Fayette Cropland 76.50 $ 12,200 --
08-29-2024 IL Fayette Recreational 80.00 $ 5,200 --
08-29-2024 WI Grant Recreational 106.00 $ 13,208 --
08-29-2024 IL Fayette Cropland 40.00 $ 12,200 --
08-29-2024 IA Sioux Cropland 63.16 $ 13,600 --
08-29-2024 IA Poweshiek Cropland 160.00 $ 5,800 --
08-29-2024 IA Sioux CRP 134.86 $ 9,000 --
08-30-2024 IL Douglas Cropland 73.17 $ 16,350 --