/ Blog

Land Auction Results | August 2024

September 3, 2024 - Ashley Poduska
Share

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 90.3
08-01-2024 IA Polk Cropland/Transitional 14.27 $ 28,000 82.7
08-01-2024 IA Polk Cropland/Transitional 46.37 $ 38,000 88.1
08-01-2024 IA Polk Cropland/Transitional 60.46 $ 38,000 84.3
08-01-2024 MN Lac qui Parle Cropland/CRP 160.64 $ 4,367 68.2
08-01-2024 MN Redwood Cropland 80.00 $ 10,027 91.9
08-01-2024 SD Aurora Pasture 174.00 $ 3,500 50.7
08-01-2024 IA Jones Cropland 154.80 $ 6,900 83.5
08-02-2024 MO Sullivan Cropland 109.24 $ 3,600 61.6
08-02-2024 MO Sullivan Cropland/Livestock 97.92 $ 4,600 64.4
08-02-2024 MO Sullivan Cropland 167.94 $ 4,700 66.4
08-02-2024 MO Sullivan Rec 308.58 $ 3,550 65.2
08-02-2024 MO Sullivan Cropland 190.25 $ 4,700 70.7
08-02-2024 MO Sullivan Cropland 52.86 $ 4,400 70.5
08-02-2024 MO Sullivan Pasture 152.45 $ 3,600 --
08-02-2024 MO Sullivan Rec 97.50 $ 4,500 63
08-02-2024 MO Sullivan Cropland 115.78 $ 4,550 62.5
08-02-2024 MO Sullivan Rec 78.26 $ 3,400 62.8
08-02-2024 IA Wayne Cropland 160.00 $ 4,600 45.3
08-06-2024 IA Chickasaw Cropland 76.00 $ 16,100 85.1
08-06-2024 IA Chickasaw Cropland 79.00 $ 13,300 77.9
08-06-2024 IA Chickasaw Cropland 36.50 $ 22,500 74.5
08-08-2024 IA Shelby Cropland 116.00 $ 15,500 65.5
08-08-2024 IA Poweshiek Cropland 80.00 $ 19,000 91.2
08-08-2024 IA Shelby Cropland 151.35 $ 9,600 60.4
08-08-2024 IA Harrison Cropland/Pasture 78.00 $ 7,100 55.8
08-12-2024 MN Kandiyohi Transitional 62.43 $ 6,800 91.5
08-13-2024 NE Madison Cropland 73.03 $ 9,200 63.3
08-13-2024 IA Floyd Cropland 184.07 $ 7,850 86.4
08-13-2024 IA Clay Cropland 65.00 $ 15,400 96.5
08-13-2024 MI Branch Cropland 77.00 $ 11,818 64.2
08-13-2024 MI Branch Rec 98.00 $ 8,724 59.9
08-13-2024 MI Branch Cropland 76.00 $ 7,697 62.1
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 67.5
08-13-2024 NE Platte Cropland/Pasture 82.56 $ 6,351 65.8
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 63.2
08-14-2024 IL Champaign Cropland 80.00 $ 16,000 141.2
08-14-2024 IL Champaign Cropland 80.00 $ 17,400 139.7
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 33.3
08-15-2024 IA Clarke Pasture 278.00 $ 4,300 40.9
08-15-2024 IA Clarke Pasture 72.00 $ 5,000 33.1
08-15-2024 IA Clarke Pasture 183.00 $ 4,150 39.9
08-15-2024 IA Clarke Pasture 39.98 $ 4,550 36.9
08-15-2024 NE Wayne Cropland 160.00 $ 11,350 70.3
08-16-2024 IA Plymouth Cropland 71.82 $ 13,700 71
08-19-2024 MI Sanilac Rec 40.00 $ 7,600 31.2
08-19-2024 IL Knox Cropland 97.00 $ 14,700 141.4
08-19-2024 MI St. Clair Cropland 78.85 $ 7,100 62
08-19-2024 MI Huron Transitional 41.09 $ 13,000 50
08-20-2024 MN Sibley Cropland 54.97 $ 10,710 92
08-21-2024 IA Osceola Cropland 79.01 $ 13,850 86.4
08-21-2024 IA Osceola Cropland 79.49 $ 15,000 86.6
08-21-2024 IA Dickinson Cropland 77.29 $ 14,450 82.7
08-21-2024 IA Buchanan Cropland 44.00 $ 16,500 81.1
08-21-2024 IA Linn Acreage/Cropland 118.41 $ 19,225 87.3
08-21-2024 IL Ford Cropland 80.00 $ 17,600 141.4
08-21-2024 MO Marion Pasture 25.10 $ 8,500 --
08-21-2024 MO Marion Cropland 69.90 $ 7,500 80.7
08-21-2024 MO Ralls Pasture 206.30 $ 7,000 76.6
08-21-2024 MO Ralls Cropland 132.60 $ 12,400 71.5
08-22-2024 IL Peoria Cropland 77.79 $ 14,000 131.8
08-22-2024 SD Codington Cropland 158.22 $ 10,500 91.8
08-22-2024 SD Codington Cropland 50.81 $ 5,400 86
08-22-2024 SD Grant Building Site 39.20 $ 5,400 81
08-22-2024 SD Grant Cropland 65.36 $ 5,400 86.6
08-22-2024 SD Grant Cropland 151.34 $ 5,400 79.8
08-22-2024 SD Grant Cropland/Pasture 160.00 $ 5,400 80.3
08-22-2024 SD Grant Building Site 10.28 $ 5,400 --
08-22-2024 SD Grant Cropland 150.00 $ 5,400 84.7
08-22-2024 IL Kankakee Cropland 30.00 $ 13,250 132.2
08-22-2024 IL Kankakee Cropland 70.00 $ 13,300 128.1
08-22-2024 IL Hancock Cropland 81.12 $ 10,700 134.7
08-22-2024 IL Hancock Cropland 77.00 $ 9,000 118.6
08-22-2024 IA Dallas Bldg Site/Cropland 65.75 $ 17,000 89.6
08-22-2024 IA Dallas Cropland 39.75 $ 17,000 87.9
08-22-2024 IA Franklin Cropland 164.00 $ 14,100 93
08-22-2024 IA Franklin Cropland 149.00 $ 17,400 95.3
08-22-2024 IA Lee Cropland/Rec 27.41 $ 6,050 76.7
08-22-2024 IA Pocahontas Cropland 165.00 $ 11,000 82.7
08-22-2024 IL Kankakee Cropland 80.75 $ 9,600 125.8
08-22-2024 IL Kankakee Cropland 122.07 $ 11,000 129.1
08-22-2024 IA Adair Cropland 80.00 $ 9,900 79.5
08-22-2024 NE York Irrigated Cropland 160.13 $ 12,150 67.8
08-22-2024 NE York Irrigated Cropland 234.44 $ 10,750 65.7
08-23-2024 IL Macon Cropland 80.00 $ 16,600 134.3
08-23-2024 IL Macon Cropland 156.84 $ 15,800 142.5
08-23-2024 IL Macon Cropland 120.00 $ 15,600 142.1
08-23-2024 IA Butler Cropland 100.00 $ 5,800 61.4
08-23-2024 IA Franklin Cropland 40.00 $ 11,200 75
08-23-2024 IL Macon Cropland 88.54 $ 11,900 139.2
08-23-2024 IL Macon Cropland 200.00 $ 16,100 141.8
08-23-2024 IL Macon Cropland 80.00 $ 14,200 138.9
08-26-2024 MN Stevens Cropland 153.85 $ 6,050 80.1
08-26-2024 IL McDonough Grain Facility 1.00 $ 12,000 --
08-26-2024 MO Nodaway Pasture 78.32 $ 4,800 74.8
08-26-2024 MN Grant Cropland 236.31 $ 4,750 65.2
08-27-2024 IA Lee Cropland/Site 39.25 $ 7,400 64.7
08-27-2024 MO Johnson Acreage/pasture 80.00 $ 10,406 --
08-27-2024 NE Butler Cropland 192.20 $ 7,500 56.8
08-27-2024 IA Chickasaw Cropland 79.00 $ 17,500 88.2
08-27-2024 IA Ida Cropland 80.00 $ 14,200 85.1
08-27-2024 MN Lyon Cropland 188.60 $ 13,700 95.2
08-27-2024 IA Lee Cropland 195.71 $ 6,500 46
08-27-2024 IA Lee Cropland 67.28 $ 4,650 51.7
08-27-2024 IA Lee Cropland/Rec 284.01 $ 4,500 62.2
08-27-2024 IA OBrien Cropland 63.00 $ 19,000 95.1
08-27-2024 IA OBrien Cropland 80.00 $ 18,100 94.7
08-27-2024 IL Kankakee Cropland 137.66 $ 9,300 124
08-27-2024 IL Will Cropland 40.00 $ 12,900 135.8
08-28-2024 IA Cerro Gordo Residential 37.00 57
08-28-2024 IL Cumberland Cropland 177.00 $ 13,400 100.8
08-28-2024 IL Stephenson Cropland 87.88 $ 14,750 136.7
08-28-2024 IA Hancock Cropland 80.00 $ 11,800 76.1
08-28-2024 IA Hancock Acreage/Cropland/CRP 80.00 $ 11,800 82.3
08-28-2024 IA Grundy Cropland 152.02 $ 13,500 87.5
08-28-2024 IL Stephenson Cropland 75.00 $ 13,400 134.6
08-28-2024 IL Stephenson Cropland 80.00 $ 14,400 132.7
08-28-2024 IL Stephenson Cropland 196.97 $ 13,400 136.6
08-28-2024 IL Macon Cropland 35.67 $ 16,000 139.6
08-28-2024 IL Macon Cropland 41.34 $ 18,000 140.1
08-28-2024 IL Macon Cropland 41.33 $ 18,000 140
08-29-2024 IL Fayette Cropland 76.50 $ 12,200 112.28
08-29-2024 IL Fayette Recreational 80.00 $ 5,200 105.2
08-29-2024 WI Grant Recreational 106.00 $ 13,208 58.4
08-29-2024 IL Fayette Cropland 40.00 $ 12,200 114.51
08-29-2024 IA Sioux Cropland 63.16 $ 13,600 82.2
08-29-2024 IA Poweshiek Cropland 160.00 $ 5,800 58.4
08-29-2024 IA Sioux CRP 134.86 $ 9,000 78.6
08-30-2024 IL Douglas Cropland 73.17 $ 16,350 140.5