Land Auction Results | July 2024
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The appraisal team at Peoples Company was able to track 35 tracts or 2,754 acres sold at public auction in Iowa during July 2024. The average dollar per acre was $10,669, the average dollar per tillable acre was $13,495, and the average dollar per CSR2 was $178.
Click HERE to view the Iowa Land Values Update for 2024 Quarter 2.
Below are results for land auctions that occurred in July 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 |
|---|---|---|---|---|---|---|
| 07-08-2024 | MN | Lincoln | Cropland/Pasture | 98.68 | 85.5 | |
| 07-09-2024 | MN | Lac qui Parle | Cropland | 38.61 | $ 10,900 | 73.8 |
| 07-09-2024 | MN | Lac qui Parle | Cropland | 137.26 | $ 9,600 | 76.8 |
| 07-09-2024 | IA | Calhoun | Cropland | 76.00 | $ 12,500 | 83.9 |
| 07-09-2024 | IA | Calhoun | Cropland | 60.00 | $ 15,500 | 84.9 |
| 07-10-2024 | IA | Mitchell | Cropland | 80.00 | $ 15,750 | 74.7 |
| 07-10-2024 | MN | Lyon | Cropland | 63.50 | $ 15,300 | 95.8 |
| 07-10-2024 | MN | Lyon | Cropland | 70.42 | $ 12,200 | 93 |
| 07-10-2024 | IA | Calhoun | Cropland | 160.00 | $ 15,700 | 87.5 |
| 07-11-2024 | IA | Guthrie | Cropland | 156.00 | $ 13,600 | 80 |
| 07-11-2024 | MN | Renville | Rec | 156.50 | $ 1,200 | -- |
| 07-11-2024 | IL | Rock Island | Cropland/Pasture | 42.40 | $ 7,000 | 111.9 |
| 07-11-2024 | IL | Rock Island | Cropland/Pasture | 43.50 | $ 7,000 | 119.6 |
| 07-11-2024 | IL | Rock Island | Pasture | 43.20 | $ 6,050 | -- |
| 07-11-2024 | IA | Cerro Gordo | Cropland | 73.54 | $ 10,700 | 73.9 |
| 07-11-2024 | IA | Cerro Gordo | Cropland | 78.75 | $ 10,700 | 76 |
| 07-12-2024 | IA | Woodbury | Cropland | 155.50 | $ 8,500 | 51.4 |
| 07-15-2024 | IA | Lee | Cropland | 71.74 | $ 11,875 | 63.4 |
| 07-15-2024 | IA | Lee | Pasture | 49.65 | $ 6,720 | -- |
| 07-15-2024 | IA | Lee | Cropland | 3.19 | 63.8 | |
| 07-15-2024 | IA | Lee | Cropland | 3.19 | 63.8 | |
| 07-16-2024 | IL | Lee | Cropland | 69.46 | $ 13,700 | 139 |
| 07-16-2024 | IL | Lee | Cropland | 44.00 | $ 15,100 | 141.8 |
| 07-16-2024 | MN | Swift | Cropland | 98.78 | $ 8,600 | 88.1 |
| 07-16-2024 | MN | Swift | Cropland | 40.24 | $ 9,700 | 91.4 |
| 07-16-2024 | IA | Tama | Cropland | 79.00 | $ 12,300 | 76.8 |
| 07-17-2024 | IA | Jefferson | Cropland/CRP | 60.00 | $ 6,600 | 71.1 |
| 07-17-2024 | IA | Benton | Acreage/pasture | 8.40 | $ 47,619 | -- |
| 07-17-2024 | IA | Jefferson | Cropland | 80.00 | $ 8,975 | 75.6 |
| 07-17-2024 | IA | Jefferson | Cropland | 61.00 | $ 7,000 | 71.4 |
| 07-17-2024 | IA | Jefferson | Cropland/Buildings | 66.80 | $ 15,100 | 86.1 |
| 07-17-2024 | IA | Jefferson | Cropland | 132.93 | $ 7,425 | 70 |
| 07-17-2024 | IA | Jefferson | Cropland/CRP | 40.00 | $ 5,650 | 41.3 |
| 07-17-2024 | IA | Jefferson | CRP | 25.00 | $ 8,050 | -- |
| 07-17-2024 | IL | McLean | Acreage/Cropland | 120.00 | $ 13,000 | 134.3 |
| 07-17-2024 | IL | McLean | Cropland | 80.87 | $ 10,600 | 129.9 |
| 07-17-2024 | MN | Mower | Cropland | 315.00 | $ 7,600 | 69.7 |
| 07-17-2024 | MN | Mower | Cropland | 150.00 | $ 6,100 | 68.1 |
| 07-17-2024 | MN | Wright | Cropland/Rec | 40.00 | 90.1 | |
| 07-18-2024 | IL | Logan | Cropland | 77.92 | $ 15,700 | 138.2 |
| 07-18-2024 | IA | Mahaska | Acreage/Cropland | 154.00 | $ 7,200 | 47.7 |
| 07-18-2024 | MN | Swift | Cropland | 160.00 | $ 7,500 | 86.2 |
| 07-18-2024 | MN | Brown | Cropland | 153.00 | 69.4 | |
| 07-18-2024 | MN | Swift | Cropland | 160.00 | $ 5,500 | 86.6 |
| 07-18-2024 | MN | Swift | Rec | 232.17 | $ 1,050 | -- |
| 07-18-2024 | IL | Champaign | Cropland | 120.00 | $ 16,100 | 143 |
| 07-18-2024 | IL | Macon | Cropland | 128.78 | $ 13,800 | 128.8 |
| 07-19-2024 | IA | Franklin | Cropland/Acreage/Wind Turbines | 141.00 | $ 13,000 | 88 |
| 07-19-2024 | IA | Franklin | Cropland/Turbine | 151.00 | $ 11,400 | 86.8 |
| 07-23-2024 | MN | Nobles | Cropland | 121.58 | $ 8,700 | 93.8 |
| 07-23-2024 | MN | Nobles | Cropland | 80.59 | $ 12,900 | 96.2 |
| 07-23-2024 | MN | Jackson | Cropland | 79.60 | 87.7 | |
| 07-23-2024 | MN | Nobles | Cropland | 73.79 | $ 9,750 | 90.4 |
| 07-23-2024 | MN | Nobles | Cropland | 79.77 | $ 12,750 | 96.7 |
| 07-23-2024 | MN | Jackson | Cropland | 79.56 | 85.9 | |
| 07-24-2024 | IA | Guthrie | Cropland | 77.43 | $ 11,100 | 71.4 |
| 07-24-2024 | MN | Renville | Cropland/RIM | 202.93 | $ 6,000 | 89.2 |
| 07-25-2024 | IL | Bureau | Cropland | 40.75 | $ 15,500 | 136.8 |
| 07-25-2024 | IA | Mills | Cropland | 110.15 | $ 13,500 | 79.4 |
| 07-25-2024 | IL | Bureau | Cropland | 73.49 | $ 17,200 | 142.1 |
| 07-25-2024 | IL | Stark | Cropland | 78.53 | $ 13,200 | 131.9 |
| 07-25-2024 | IL | Stark | Cropland | 48.44 | 123.3 | |
| 07-25-2024 | IL | Stark | Cropland | 93.14 | $ 11,200 | 126.6 |
| 07-25-2024 | IL | Stark | Cropland | 91.57 | $ 10,700 | 119 |
| 07-25-2024 | IL | Bureau | Cropland | 40.42 | $ 16,000 | 143.6 |
| 07-25-2024 | IL | Bureau | Cropland | 80.39 | $ 16,700 | 143.5 |
| 07-25-2024 | IL | Bureau | Cropland | 80.48 | $ 16,700 | 143 |
| 07-25-2024 | IL | Bureau | Cropland | 76.62 | $ 15,400 | 142.8 |
| 07-25-2024 | IL | Bureau | Cropland | 79.82 | $ 15,400 | 142.5 |
| 07-25-2024 | IL | Bureau | Cropland | 40.62 | $ 15,600 | 142.1 |
| 07-25-2024 | IL | Bureau | Acreage/Cropland | 80.76 | $ 13,200 | 132.8 |
| 07-25-2024 | MO | DeKalb | Cropland | 238.50 | $ 5,200 | 63 |
| 07-25-2024 | MO | DeKalb | Cropland | 116.90 | $ 5,500 | 65.7 |
| 07-25-2024 | MO | DeKalb | Cropland | 40.00 | $ 5,500 | 65.1 |
| 07-25-2024 | MO | DeKalb | Cropland | 95.00 | $ 5,500 | 62.9 |
| 07-25-2024 | MO | DeKalb | Cropland | 55.75 | $ 5,500 | 65 |
| 07-26-2024 | IA | Hardin | Cropland/CRP | 41.00 | $ 9,000 | 88.5 |
| 07-26-2024 | IA | Hardin | Mixed | 64.00 | $ 5,650 | 76.6 |
| 07-31-2024 | IA | Story | Cropland | 80.91 | $ 13,900 | 87.4 |
| 07-31-2024 | IL | Lee | Cropland | 276.30 | $ 12,600 | 142.1 |
| 07-31-2024 | IL | Lee | Cropland | 79.93 | $ 8,500 | 131.4 |
| 07-31-2024 | IL | Ogle | Cropland | 115.00 | $ 12,500 | 135.5 |
| 07-31-2024 | IL | Lee | Cropland | 112.21 | $ 9,300 | 129.8 |
| 07-31-2024 | IL | Ogle | Cropland | 40.00 | $ 8,500 | 135 |
| 07-31-2024 | IL | Lee | Cropland/CRP | 36.29 | $ 8,600 | 129 |
| 07-31-2024 | IL | Schuyler | Rec | 21.70 | $ 4,550 | -- |
| 07-31-2024 | IL | Stephenson | Cropland | 74.18 | $ 14,000 | 140.96 |
| 07-31-2024 | IL | Stephenson | Cropland | 64.00 | $ 9,100 | 131 |
| 07-31-2024 | IL | Stephenson | Cropland | 39.25 | $ 14,000 | 131 |
| 07-31-2024 | IL | Stephenson | Cropland | 49.50 | $ 13,200 | 131 |
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