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Land Auction Results - February 2024

March 4, 2024 - Ashley Poduska
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The appraisal team at Peoples Company was able to track 85 tracts or 7,064.51 acres sold at public auction in Iowa during February 2024. The average dollar per acre was $13,389, the average dollar per tillable acre was $14,935, and the average dollar per CSR2 was $185.

Peoples Company Auctions
Listing #17271 - 229.21 Acres M/L in Boone County, IA
Listing #17276 - 141.61 Acres M/L in Traill County, ND
Listing #17286 - 706.86 Acres M/L in Barnes County, ND
Listing #17288 - 110.38 Acres M/L in Jackson County, IA
Listing #17331 - 160 Acres M/L in Buchanan County, IA
Listing #17289 - 62.20 Acres M/L in Otoe County, NE
Listing #17303 - 337.87 Acres M/L in Warren County, IA
Listing #17340 - 116 Acres M/L in Wright County, IA
Listing #17319 - 160 Acres M/L in Audubon County, IA
Listing #17339 - 196.38 Acres M/L in Howard County, IA
Listing #17306 - 20 Acres M/L in Warren County, IA

Click HERE to view the Iowa Land Values Update for 2023 Quarter 4.

Below are results for land auctions that occurred in February 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
02-01-2024 IL Schuyler Cropland 40.16 $ 8,500 118
02-01-2024 IA Woodbury Cropland 78.02 77.4
02-01-2024 IL Schuyler Cropland 120.75 $ 10,000 128.1
02-01-2024 IL Schuyler Cropland 14.54 $ 4,600 101.3
02-01-2024 IL Schuyler Cropland 148.81 $ 3,750 120
02-01-2024 MO Livingston Cropland 220.00 $ 9,700 72.1
02-01-2024 MO Livingston Cropland 58.90 $ 9,900 74.7
02-01-2024 MO Livingston Cropland 330.00 $ 8,800 74.5
02-01-2024 IL Schuyler Cropland 85.63 $ 10,300 122.9
02-01-2024 IA Boone Cropland 140.00 $ 16,800 85.3
02-01-2024 IL Schuyler Cropland 206.63 $ 11,250 133.1
02-01-2024 IA Boone Cropland 89.21 $ 16,800 86.4
02-01-2024 IL Schuyler Cropland 70.32 $ 7,700 107.1
02-02-2024 IA Humboldt Cropland/CRP 75.50 86.7
02-02-2024 MO Andrew Cropland 117.09 $ 8,650 70.6
02-02-2024 MO Andrew Cropland 162.17 $ 9,550 76.2
02-02-2024 MO Andrew Cropland 118.72 $ 9,925 71.2
02-03-2024 IA Monona Cropland 73.08 $ 8,450 49.8
02-06-2024 NE Polk Irrigated Cropland 80.00 $ 8,100 49.5
02-06-2024 IL Henry Cropland 40.00 $ 16,500 144.2
02-06-2024 IA Jefferson Cropland 101.86 75.5
02-06-2024 IA Jefferson Cropland/CRP 43.10 72.7
02-06-2024 IA Jefferson Cropland/CRP 75.22 76.3
02-06-2024 IA Lyon Cropland 79.12 $ 19,500 67.5
02-06-2024 IA Lyon Cropland 79.08 $ 16,250 74
02-06-2024 IA Lyon Cropland 114.12 $ 17,200 71.9
02-06-2024 IA Lyon Cropland 44.76 $ 19,000 74.5
02-06-2024 NE York Cropland/Pasture 80.06 $ 10,600 67.3
02-06-2024 NE York Cropland/Pasture 158.77 $ 10,100 62
02-06-2024 IL Henry Cropland 40.95 $ 11,900 128.7
02-07-2024 MN Clay Cropland 160.00 $ 6,416 85.3
02-07-2024 IA Des Moines Cropland 69.83 $ 14,150 82.4
02-07-2024 MN Clay Cropland 140.00 $ 5,376 80.1
02-07-2024 MO Shelby Cropland/Rec 120.00 65.9
02-08-2024 IA Grundy Cropland 97.29 $ 16,400 87.8
02-08-2024 IL Lee Cropland 271.10 $ 9,500 113
02-08-2024 NE Hamilton Irrigated Cropland 158.51 $ 9,050 70
02-08-2024 NE Hamilton Irrigated Cropland 148.23 $ 9,000 61.7
02-08-2024 NE Hamilton Irrigated Cropland 151.27 $ 11,550 68.6
02-08-2024 IA Benton Cropland 145.22 91.3
02-08-2024 IA Dubuque Cropland 100.13 $ 14,300 57.2
02-09-2024 MN Steele Cropland 111.19 $ 13,900 82.6
02-09-2024 ND Barnes Cropland 232.36 $ 6,700 81.4
02-09-2024 ND Barnes Cropland 160.00 $ 5,000 67.9
02-09-2024 ND Barnes Cropland 160.00 $ 5,400 60.5
02-09-2024 ND Barnes Cropland 154.50 $ 5,400 70.3
02-09-2024 ND Traill Cropland 141.61 $ 5,300 72.1
02-09-2024 IA Mitchell Cropland 80.00 85.2
02-09-2024 NE Seward Pasture 160.00 $ 5,850 --
02-09-2024 NE Dixon Cropland 148.23 $ 9,400 65.4
02-09-2024 NE Burt Cropland 70.25 $ 9,050 73.5
02-09-2024 MO Lafayette Cropland 102.57 $ 7,400 80.4
02-10-2024 IA Monona Cropland 79.86 $ 9,000 74.7
02-10-2024 MN Freeborn Cropland 73.00 $ 5,750 80.7
02-13-2024 IA Jackson Cropland 109.00 $ 8,100 43.6
02-13-2024 IL Knox Cropland 81.54 $ 8,750 127.6
02-13-2024 IA Butler Cropland 146.73 86.7
02-13-2024 IL Douglas Cropland 106.20 $ 17,600 128.5
02-13-2024 IA Butler Cropland 40.53 94.8
02-14-2024 MO Mercer Ag land 136.00 $ 4,400 65.9
02-14-2024 MN Freeborn Cropland 72.66 $ 9,435 80.1
02-14-2024 MN Freeborn Cropland 116.50 $ 8,772 65.8
02-14-2024 IA Franklin Cropland 76.79 $ 15,298 86.6
02-14-2024 IA Grundy Acreage/pasture 120.00 $ 12,700 89.4
02-14-2024 IA Grundy Cropland 73.50 $ 14,800 87.3
02-14-2024 IA Grundy Acreage 10.00 --
02-14-2024 IA OBrien Cropland 112.40 $ 19,500 96
02-14-2024 MO Mercer Cropland 125.00 $ 5,050 72.4
02-14-2024 MN Mower Cropland 79.78 $ 13,764 92.2
02-14-2024 MO Mercer Rec 64.00 $ 4,700 66.8
02-14-2024 MO Mercer Cropland 88.00 $ 4,600 65.6
02-14-2024 MN Freeborn Cropland 75.67 $ 12,240 78.2
02-14-2024 MN Freeborn Cropland 20.50 $ 13,770 81.2
02-15-2024 IA Buchanan Cropland 80.00 $ 14,250 86.9
02-15-2024 IL Macoupin Cropland 81.10 $ 14,500 133.1
02-15-2024 IL Macoupin Cropland 81.17 $ 18,450 134.2
02-15-2024 IL Macoupin Cropland 161.78 $ 14,050 130.1
02-15-2024 IL Stark Cropland 114.87 $ 16,800 137.2
02-15-2024 IL Stark Cropland 77.37 $ 11,000 120
02-15-2024 IL Stark Cropland 37.20 $ 9,150 134.7
02-15-2024 IL Stark Rec 33.63 $ 7,200 84.6
02-15-2024 IL Stark Cropland 74.66 $ 9,000 128.2
02-15-2024 IL Stark Cropland 45.00 $ 8,400 127.4
02-15-2024 IL Stark Cropland/Rec 90.61 $ 5,750 57.9
02-15-2024 NE York Cropland 75.94 $ 11,550 69.9
02-15-2024 IL Stark Cropland/Rec 84.79 $ 7,200 53.8
02-15-2024 IL Stark Cropland 107.76 $ 8,600 127.4
02-15-2024 IA Iowa Mix 167.80 59.5
02-15-2024 IA Boone CRP 55.18 $ 15,450 87.4
02-15-2024 IA Buchanan Cropland 80.00 $ 14,400 84.3
02-16-2024 IA Warren Cropland 79.93 $ 7,200 79.3
02-16-2024 IA Warren Cropland 108.87 $ 12,000 67.8
02-16-2024 IA Warren Cropland 59.82 $ 9,300 77
02-16-2024 IA Warren Cropland 6.08 67
02-16-2024 IA Warren Cropland 16.47 73.1
02-16-2024 IA Warren Cropland 66.70 $ 12,500 72.1
02-16-2024 MN Houston Cropland 40.00 $ 8,100 59.7
02-16-2024 MN Houston Cropland 61.54 $ 8,100 63.6
02-16-2024 MO Livingston Cropland 240.00 $ 4,700 66.7
02-16-2024 NE Otoe Cropland 62.20 $ 7,200 78.6
02-20-2024 IA Keokuk Cropland 38.25 $ 6,250 50.6
02-20-2024 IA Keokuk Cropland 181.88 $ 5,900 56.5
02-20-2024 IA Dallas Cropland 80.00 $ 17,400 88.7
02-20-2024 IA Dallas Cropland 81.36 $ 17,400 88
02-20-2024 IA Dallas Cropland 39.00 $ 17,400 89.1
02-21-2024 MO Nodaway Cropland/Pasture 40.00 $ 14,250 87.3
02-21-2024 MN Freeborn Cropland 70.39 $ 6,120 62.5
02-21-2024 MN Freeborn Cropland 79.61 $ 6,120 68.8
02-21-2024 IA Wright Cropland 116.00 $ 14,000 81.3
02-21-2024 MN Brown Cropland 106.11 $ 13,000 93.4
02-21-2024 IA Shelby Headquarters Tract 4.34 --
02-21-2024 WI Walworth Cropland 94.65 $ 11,300 84.3
02-21-2024 MO Nodaway Cropland/Rec 120.00 $ 5,750 80.5
02-21-2024 MO Nodaway Pasture 40.00 $ 10,000 76.9
02-22-2024 IA Butler CRP 37.24 $ 2,925 63.3
02-22-2024 IA Butler Cropland 23.83 61
02-22-2024 IA Henry Cropland 80.00 $ 16,050 86.4
02-22-2024 IA Henry Cropland 120.00 $ 12,575 81.7
02-22-2024 IL Fayette Cropland 45.50 $ 6,050 105.6
02-22-2024 IL Christian Rec 97.45 $ 5,700 117.6
02-22-2024 IA Cherokee Cropland 79.39 $ 13,000 92.9
02-22-2024 IA Webster Cropland 102.00 $ 12,100 84.9
02-22-2024 IA Webster Cropland 57.00 $ 14,000 86.8
02-22-2024 IA Webster Cropland 40.00 $ 13,900 65.9
02-22-2024 IA Webster Cropland 80.00 $ 12,200 71.2
02-22-2024 IA Webster Cropland 80.00 $ 12,100 74.1
02-22-2024 IA Webster Cropland 74.00 $ 12,300 74.9
02-22-2024 IA Webster Cropland 120.00 $ 12,500 76.4
02-22-2024 IA Greene Cropland 80.00 $ 9,700 74.5
02-22-2024 IA Marion Cropland/Rec 73.00 $ 6,300 67.6
02-22-2024 IA Marion Cropland/Rec 203.29 $ 7,300 82.4
02-22-2024 IA Marion Cropland 55.82 $ 6,300 85.2
02-22-2024 IA Marion Cropland 78.25 $ 9,100 80.7
02-22-2024 IA Butler Cropland 112.17 $ 9,100 79.9
02-22-2024 MN Brown Cropland 71.50 80.5
02-22-2024 MN Brown Cropland 58.50 79.4
02-22-2024 NE Hall Irrigated Cropland 146.85 $ 6,150 35.2
02-23-2024 MN Dodge Cropland 115.85 $ 8,100 87.8
02-23-2024 IA Audubon Cropland 80.00 $ 15,000 75.3
02-23-2024 IA Sioux Cropland 80.00 $ 20,300 98.8
02-23-2024 IA Keokuk Cropland 80.00 53.3
02-23-2024 MO Cass Ag land 194.98 $ 7,750 67.1
02-23-2024 IA Audubon Cropland 80.00 $ 14,900 80.6
02-23-2024 IA Ringgold Cropland 82.43 $ 7,400 50.6
02-23-2024 MN Dodge Cropland 153.93 $ 16,100 85.4
02-23-2024 IA Keokuk Cropland 80.00 47.7
02-23-2024 MN Dodge Cropland 40.25 $ 15,650 85.2
02-23-2024 MN Dodge Cropland 160.00 $ 14,400 94.1
02-23-2024 MN Dodge Cropland 76.59 $ 10,500 88
02-26-2024 IA Chickasaw Cropland/Potential Development 45.05 72.8
02-26-2024 IA Harrison Cropland/Pasture 112.68 $ 9,000 62.5
02-26-2024 IA Chickasaw Cropland/Potential Development 36.06 77.7
02-27-2024 IA Buena Vista Cropland 75.00 $ 13,600 87.8
02-27-2024 IA Buena Vista Cropland 80.00 $ 13,850 86.5
02-27-2024 MO Worth Ag/Rec 172.40 69.1
02-27-2024 IA Buena Vista Cropland 147.00 $ 10,775 83.7
02-27-2024 IA OBrien Cropland 93.14 $ 16,400 95.7
02-27-2024 IA OBrien Cropland 149.24 $ 12,300 92.6
02-27-2024 IA Ringgold Ag/Rec 101.71 51.9
02-27-2024 MN Brown Cropland 74.81 78
02-27-2024 IA Sioux Cropland 40.00 $ 29,600 99.7
02-27-2024 MO Barton Cropland 160.00 $ 6,500 72.8
02-27-2024 IA Sioux Cropland 77.41 $ 29,600 99.1
02-28-2024 MN Brown Rec/Cropland 65.00 $ 7,400 60.8
02-28-2024 MO Montgomery Cropland 79.30 $ 10,000 65.5
02-28-2024 IA Dallas Cropland 68.00 $ 13,300 87.7
02-28-2024 IA Dickinson Cropland 80.00 $ 14,600 87.6
02-28-2024 IA Dickinson Cropland 80.00 $ 14,600 87.7
02-28-2024 IA Howard Cropland 196.38 $ 14,050 83.8
02-28-2024 IA Warren Cropland 20.00 $ 14,100 82.2
02-28-2024 IA Bremer Rec 87.80 $ 4,271 52.5
02-28-2024 IL McLean Cropland 139.53 $ 15,700 127.7
02-28-2024 IL McLean Cropland 139.53 $ 15,700 129.8
02-28-2024 MN Yellow Medicine Cropland 163.44 $ 10,400 80.7
02-28-2024 MN Lac qui Parle Cropland 152.81 $ 8,500 82.2
02-28-2024 MN Yellow Medicine Cropland 196.60 $ 7,450 81.1
02-28-2024 MO Ralls Cropland 185.10 $ 6,800 74.9
02-29-2024 MN Becker Bucket Elevator Leg 1.00 --
02-29-2024 MN Becker Bucket Elevator Leg 1.00 --
02-29-2024 MN Becker Distributor 1.00 --
02-29-2024 MN Becker Downspouts 1.00 --
02-29-2024 MN Becker Paddle Conveyor 1.00 --
02-29-2024 MN Brown Cropland 83.40 $ 10,000 74.1
02-29-2024 MN Meeker Cropland 64.39 $ 14,000 80
02-29-2024 MN Becker Continuous Flow Stackable Dryer 1.00 --
02-29-2024 IL Saline Cropland 80.00 $ 7,050 100.3
02-29-2024 IL McLean Cropland 81.30 $ 15,451 137.7
02-29-2024 IA Sioux Cropland 80.59 $ 19,500 83.4