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Land Auction Results - March 2024

April 2, 2024 - Ashley Poduska
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The appraisal team at Peoples Company was able to track 82 tracts or 6,803.16 acres sold at public auction in Iowa during March 2024. The average dollar per acre was $11,316, the average dollar per tillable acre was $13,574, and the average dollar per CSR2 was $174.

Peoples Company Auctions
Listing #17397 - 752.77 Acres M/L in Carroll County, IA
Listing #17413 - 2,034.14 Acres M/L in Williams County, ND
Listing #17381 - 251.45 Acres M/L in Dane County, WI
Listing #17329 - 168.75 Acres M/L in Dallas County, IA
Listing #17342 - 183.36 Acres M/L in Wayne County, IA

Click HERE to view the Iowa Land Values Update for 2024 Quarter 1.

Below are results for land auctions that occurred in March 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
03-01-2024 IA Iowa Cropland 52.00 70
03-01-2024 IA Black Hawk Cropland 156.00 $ 10,000 80.3
03-01-2024 IA Black Hawk Cropland 157.00 84.9
03-01-2024 MO Buchanan Cropland 153.20 $ 10,125 59.8
03-04-2024 IA Carroll Cropland 148.98 $ 11,625 62.7
03-04-2024 MN Big Stone Cropland 158.00 $ 4,775 87.2
03-04-2024 MN Big Stone Cropland 128.06 $ 4,200 91.5
03-04-2024 IL Iroquois Cropland 93.26 $ 12,600 127.3
03-05-2024 MN Mower Cropland 149.38 $ 8,750 68.3
03-05-2024 MN Kittson Cropland 78.70 $ 2,277 61.6
03-05-2024 IA Franklin Cropland/Rec 221.25 65
03-05-2024 IA Butler Cropland 145.18 $ 6,000 58
03-05-2024 IA Franklin Cropland/CRP 37.93 $ 5,500 40.9
03-05-2024 IA Butler Rec 15.50 --
03-05-2024 IA Crawford Cropland 80.00 $ 12,900 77.3
03-05-2024 WI Sauk Cropland 105.28 $ 4,400 39.8
03-05-2024 WI Sauk Cropland 56.03 $ 5,500 32.2
03-05-2024 WI Sauk Residential 40.29 $ 10,921 --
03-05-2024 IL McLean Cropland 80.00 $ 17,000 135.2
03-05-2024 IL Woodford Cropland 77.60 $ 20,000 143
03-05-2024 MN Kittson Cropland 106.20 $ 2,474 55.1
03-06-2024 IL McLean Cropland 80.92 $ 17,200 136.3
03-06-2024 IL Edgar Cropland 74.00 $ 13,500 125
03-06-2024 IA Marshall Mix 132.92 84.1
03-06-2024 MI St. Clair Cropland 40.00 $ 7,400 75.3
03-06-2024 MI St. Clair Cropland 60.00 $ 7,400 68
03-06-2024 MN Freeborn Use Dropdown 80.00 $ 6,850 65.9
03-06-2024 IA Marshall Mix 24.48 --
03-06-2024 IA Audubon Acreage/Cropland 233.44 $ 15,800 78.6
03-06-2024 IA Hardin Cropland/CRP 76.00 $ 7,300 86.3
03-06-2024 IL McLean Cropland 81.04 $ 15,200 135.8
03-06-2024 IL Hancock Recreational 40.00 $ 7,700 91.2
03-07-2024 MN Mower Cropland 75.01 $ 11,800 89
03-07-2024 IA Lee Cropland 38.95 $ 10,800 80.4
03-07-2024 IA Lee Cropland 69.94 $ 11,800 89.6
03-07-2024 IA Lee Cropland 222.48 $ 10,400 72.3
03-07-2024 IA Lee Cropland 102.00 $ 6,000 46
03-07-2024 IA Sioux Cropland 74.41 $ 27,750 94.5
03-07-2024 IA Sioux Cropland 81.50 $ 18,700 92.2
03-07-2024 IA Sioux Cropland 75.65 $ 18,700 92
03-07-2024 IA Sioux Cropland 40.14 $ 18,700 88.4
03-07-2024 IA Sioux Cropland 79.86 $ 15,200 86.3
03-07-2024 IL Christian Cropland 78.00 $ 20,000 142.3
03-07-2024 MN Mower Cropland 87.36 $ 14,600 79.8
03-07-2024 MN Mower Cropland 51.00 $ 13,000 88.6
03-07-2024 MN Mower Acreage 14.00 88.4
03-07-2024 MN Martin Cropland 40.01 $ 10,353 77.4
03-07-2024 MN Martin Cropland 143.78 $ 8,466 80.3
03-07-2024 NE Wheeler Irrigated Cropland 160.00 $ 9,050 46.6
03-07-2024 NE Wheeler Irrigated Cropland 160.00 $ 9,050 34.6
03-07-2024 NE Wheeler Irrigated Cropland/Bin Site 153.99 $ 8,000 43.1
03-07-2024 NE Wheeler Irrigated Cropland 160.00 $ 6,550 31.9
03-07-2024 NE Wheeler Irrigated Cropland 240.00 $ 5,550 32.6
03-07-2024 NE Wheeler Irrigated Cropland 240.00 $ 9,150 36.5
03-07-2024 NE Knox Cropland 150.00 $ 9,500 68.7
03-08-2024 IA Plymouth Cropland 40.00 $ 18,100 84
03-08-2024 IA Sioux Cropland 80.74 $ 17,400 24.6
03-08-2024 IA Plymouth Cropland/Pasture 35.76 $ 11,600 64.8
03-08-2024 IA Plymouth Cropland 31.78 89.8
03-08-2024 MO Nodaway Cropland 264.00 $ 5,600 83.9
03-08-2024 MO Nodaway Cropland 124.00 $ 5,750 82.2
03-08-2024 MO Nodaway Cropland/Rec 39.00 $ 8,015 70.4
03-09-2024 MN Freeborn Cropland 24.00 79.5
03-09-2024 MN Freeborn Building Site 2.50 --
03-11-2024 IL Mason Cropland/Timber 62.00 $ 4,900 57.7
03-11-2024 IL Mason Cropland 120.00 $ 7,400 111
03-11-2024 IL Mason Cropland 40.00 $ 11,500 103.4
03-11-2024 IL Mason Cropland 118.00 $ 11,500 104.6
03-11-2024 IL Menard Cropland 43.00 $ 13,100 115.7
03-11-2024 IA Woodbury Cropland 113.68 $ 7,550 43.9
03-11-2024 IL Menard Cropland 41.20 $ 14,750 134.2
03-11-2024 IL Menard Cropland 38.80 $ 11,800 87.6
03-11-2024 IL Mason Cropland 118.21 $ 12,600 78.6
03-11-2024 IL Menard CRP/Rec 46.00 $ 9,300 105.8
03-11-2024 IL Mason Cropland 138.00 $ 10,900 105.3
03-12-2024 MN Marshall Cropland 160.00 $ 3,318 80.8
03-12-2024 MN Marshall Cropland 160.00 $ 3,738 87.9
03-12-2024 MN Marshall Cropland 160.00 $ 3,581 81.1
03-12-2024 MN Marshall Cropland 160.00 $ 3,738 85.3
03-12-2024 MN Cottonwood Cropland 80.00 $ 14,178 81.9
03-12-2024 MN Kandiyohi Cropland 84.46 $ 8,000 75.7
03-12-2024 IA Boone Rec 31.42 $ 5,800 41.1
03-12-2024 IA Webster Cropland 47.00 $ 14,400 81.8
03-12-2024 IA Mitchell Rural Residence 28.00 89.4
03-12-2024 IA Mitchell Cropland 52.00 87.3
03-12-2024 IA Mitchell Cropland 80.00 80.7
03-13-2024 MN Kandiyohi Cropland 40.44 $ 9,900 73.3
03-13-2024 IA Worth Cropland 73.80 $ 14,100 86.2
03-13-2024 IA Worth Cropland 69.99 $ 10,000 79.3
03-13-2024 IA Worth Cropland 112.29 $ 12,200 83.6
03-13-2024 IA Iowa CRP/Rec 95.00 $ 9,000 --
03-13-2024 MN Polk Cropland 160.00 $ 3,000 73.5
03-13-2024 MN Polk Pasture 160.00 $ 2,300 55.2
03-13-2024 MN Kandiyohi Cropland 74.00 $ 11,450 78.7
03-13-2024 MN Redwood Cropland 82.31 $ 8,160 82.9
03-13-2024 MN Redwood Cropland 149.50 $ 7,854 64.1
03-13-2024 MN Redwood Conservation easement 135.47 $ 3,315 61.5
03-13-2024 MN McLeod Cropland 100.00 $ 8,490 89
03-13-2024 MO Grundy Cropland 41.00 $ 7,550 66.8
03-13-2024 MO Grundy Cropland 40.80 $ 8,000 66.1
03-14-2024 MN Sibley Cropland 75.65 $ 11,900 80.5
03-14-2024 NE Greeley Irrigated Cropland 153.75 $ 9,600 60.3
03-14-2024 NE Greeley Irrigated Cropland 158.07 $ 7,550 61.5
03-14-2024 NE Greeley Irrigated Cropland 157.60 $ 9,000 60.6
03-14-2024 IA Palo Alto Cropland 69.00 $ 11,200 79.1
03-14-2024 IL Macon Cropland 75.44 $ 18,000 141.3
03-14-2024 IA Webster Cropland 115.75 $ 14,300 86.3
03-14-2024 IA Webster Cropland 75.24 $ 12,100 71.2
03-14-2024 IA Palo Alto Cropland 80.00 $ 11,200 76.3
03-14-2024 NE Greeley Irrigated Cropland 153.75 $ 10,000 60
03-14-2024 NE Greeley Irrigated Cropland 316.14 $ 7,500 61
03-15-2024 MO Clark Cropland 99.00 $ 6,800 62.5
03-15-2024 IA Taylor CRP/Rec 72.00 $ 7,300 65.4
03-15-2024 NE Gage Cropland/Development 80.00 $ 5,800 56.2
03-15-2024 IA Monona Cropland 235.50 $ 7,900 63
03-15-2024 IA Van Buren Cropland 80.00 $ 6,600 41.4
03-15-2024 IA Monona Cropland 138.60 $ 8,000 70.5
03-15-2024 IA Van Buren Cropland 80.00 $ 5,900 35.7
03-18-2024 IA Lyon Cropland 77.14 $ 14,750 64.2
03-18-2024 MN Stevens Cropland 153.07 $ 8,700 92.2
03-18-2024 MO Lincoln Cropland/Rec 55.00 $ 9,000 78.4
03-18-2024 MO Lincoln Cropland/Rec 49.00 $ 9,600 77.4
03-18-2024 MO Lincoln Cropland/Rec 52.00 $ 9,600 77.3
03-18-2024 MO Lincoln Cropland/Rec 103.00 $ 7,700 77.7
03-18-2024 MO Lincoln Cropland/Rec 176.00 $ 8,100 78.3
03-18-2024 MO Lincoln Rec 105.00 $ 7,700 55.2
03-18-2024 MO Lincoln Cropland/Rec 100.00 $ 8,100 76.2
03-19-2024 IA Fremont Cropland 36.07 $ 8,800 67.4
03-19-2024 IA Fremont Irrigated Cropland 131.83 $ 8,700 70.9
03-19-2024 IL Piatt Cropland 118.54 $ 16,700 140.4
03-19-2024 IL Piatt Cropland 38.99 $ 14,100 137.6
03-19-2024 IL Piatt Cropland 226.48 $ 11,800 136.6
03-19-2024 IL Piatt Cropland 40.00 $ 11,800 130.1
03-19-2024 IA Appanoose Cropland 59.00 $ 7,500 51
03-19-2024 IA Appanoose Cropland 76.00 $ 8,000 54.8
03-19-2024 IA Fayette Cropland 75.00 $ 10,000 74.3
03-19-2024 MN Renville Cropland 82.03 $ 10,300 76.3
03-19-2024 MN Renville Cropland 53.97 $ 11,700 78.4
03-19-2024 IA Fremont Cropland 154.83 $ 6,500 59.9
03-19-2024 MO Knox Cropland 121.80 $ 6,800 60.3
03-19-2024 MO Pettis Cropland 491.00 $ 9,100 71.9
03-19-2024 MO Pettis Acreage/Cropland 250.00 $ 7,750 72.2
03-19-2024 MO Pettis Cropland 140.00 $ 9,150 73.8
03-19-2024 MO Pettis Cropland 41.00 $ 9,050 75.2
03-19-2024 MO Pettis Cropland 67.00 $ 9,600 75.1
03-19-2024 IA Appanoose Recreational 15.00 --
03-19-2024 IA Poweshiek Cropland 154.50 $ 19,500 92.8
03-19-2024 IA Winnebago CRP/Cropland 60.00 75
03-19-2024 IA Fayette Cropland 80.00 $ 11,200 86.6
03-19-2024 IL Piatt Cropland 87.25 $ 18,900 143.2
03-19-2024 IL Piatt Cropland 35.00 $ 18,900 139.4
03-20-2024 NE Gosper Cropland/Pasture 328.00 $ 2,350 74.6
03-20-2024 ND Grant Cropland/Pasture 200.00 $ 1,820 56.7
03-20-2024 IL Macon Cropland 98.18 $ 18,300 140.2
03-20-2024 IA Van Buren Cropland 34.21 $ 7,300 44.3
03-20-2024 IA Grundy Cropland 77.48 $ 18,550 96.1
03-20-2024 IA Grundy Cropland 74.66 $ 17,500 96.7
03-20-2024 IL Macon Cropland 78.86 $ 17,200 141.9
03-20-2024 IL Macon Cropland 80.00 $ 17,200 135.5
03-20-2024 IA Grundy Cropland 77.81 $ 15,000 93.6
03-20-2024 IA Van Buren Cropland 63.91 $ 6,600 51.1
03-21-2024 IL Hancock Cropland/CRP 69.70 $ 5,250 83.9
03-21-2024 IA Dallas Cropland 77.00 84
03-21-2024 IA Black Hawk Cropland 98.29 $ 13,800 87.7
03-21-2024 IA Grundy Cropland 92.03 $ 13,800 81.9
03-21-2024 IA Floyd CRP/Rec 49.81 $ 6,510 --
03-21-2024 IA Floyd Cropland 39.64 $ 6,431 48.5
03-21-2024 IL Hancock Cropland 71.16 $ 11,400 116.2
03-21-2024 IL Hancock Cropland/CRP 45.69 $ 9,000 112.3
03-21-2024 IL Hancock Cropland 112.95 $ 9,350 111
03-21-2024 IL Logan Cropland 100.69 $ 17,300 140.9
03-21-2024 ND Williams Cropland 160.00 $ 2,040 67.8
03-21-2024 ND Williams Cropland 189.03 $ 2,050 70.1
03-21-2024 ND Williams Cropland 160.00 $ 2,160 82.1
03-21-2024 ND Williams Pasture 189.00 $ 1,360 64.2
03-21-2024 ND Williams Cropland 240.00 $ 1,530 71.1
03-21-2024 ND Williams Cropland 240.00 $ 1,500 70.6
03-21-2024 ND Williams Cropland 64.03 $ 1,570 86.1
03-21-2024 ND Williams Cropland 80.00 $ 2,540 82.5
03-21-2024 ND Williams Cropland 240.00 $ 2,060 79.8
03-21-2024 ND Williams Cropland 120.00 $ 2,070 83.2
03-21-2024 ND Williams Cropland 40.00 $ 3,420 67.7
03-21-2024 ND Williams Headquarters 40.00 --
03-21-2024 ND Williams Cropland 120.00 $ 1,740 77.9
03-21-2024 ND Williams Cropland/Pasture 152.08 $ 1,380 77.1
03-22-2024 MO Andrew Cropland 95.00 $ 6,550 85.6
03-22-2024 NE Otoe Dry Cropland 80.44 $ 7,000 55.8
03-22-2024 NE Otoe Dry Cropland 80.23 $ 7,000 61.4
03-22-2024 IA Washington CRP 62.00 $ 8,600 60.1
03-22-2024 IA Washington Cropland 80.00 $ 20,750 86
03-22-2024 IA Woodbury Cropland 117.00 $ 10,200 57
03-22-2024 IA Woodbury Cropland 80.00 $ 9,500 48.1
03-25-2024 IA Sioux Cropland 76.83 $ 26,500 99
03-26-2024 IA Page Cropland 158.50 $ 6,200 65.2
03-26-2024 IA Worth Cropland 54.56 78.6
03-26-2024 IA Worth Cropland 80.00 67.5
03-26-2024 IA Worth Cropland 69.65 60.8
03-26-2024 MN Lac qui Parle Cropland 164.64 $ 4,400 83.5
03-26-2024 MN Lac qui Parle Cropland 161.77 $ 5,800 83.5
03-26-2024 MN Lac qui Parle Cropland 80.49 $ 10,100 84.1
03-26-2024 IL Will Cropland 158.95 $ 11,100 125.4
03-26-2024 IA OBrien Cropland 140.00 $ 18,100 96
03-26-2024 NE Holt Pasture 640.00 26.8
03-27-2024 MO Ralls Cropland 56.70 $ 10,100 73
03-27-2024 WI Dane Cropland 62.65 $ 13,800 74
03-27-2024 IA Washington CRP/Rec 75.99 $ 5,675 --
03-27-2024 IA Boone Cropland 78.00 $ 11,100 83.9
03-27-2024 IA Osceola Cropland 80.14 $ 13,000 92.2
03-27-2024 WI Dane Building Site 9.93 70
03-27-2024 WI Dane Cropland 40.00 $ 11,200 42.1
03-27-2024 WI Dane Cropland 83.00 $ 12,250 49
03-27-2024 MO Ralls Cropland 101.00 74.2
03-27-2024 MO Ralls Cropland 155.20 70.4
03-27-2024 WI Dane Cropland 55.87 $ 13,100 73.9
03-28-2024 IA Harrison Cropland 80.00 77.7
03-28-2024 IA Van Buren Acreage 5.05 --
03-28-2024 IA Union Cropland/CRP 149.31 $ 6,950 66.7
03-28-2024 IA Van Buren CRP 50.96 $ 9,371 57.2
03-28-2024 IA Dallas Cropland 54.50 $ 9,500 87
03-28-2024 IA Dallas Cropland 34.25 $ 9,500 82.2
03-28-2024 IA Dallas Cropland 80.00 $ 14,100 84.8
03-28-2024 IA Floyd CRP 37.35 $ 12,550 80.3
03-28-2024 MN Yellow Medicine Cropland 160.00 81.2
03-28-2024 NE Polk Irrigated Cropland 79.95 $ 11,350 66.9
03-28-2024 MO Ralls Cropland/Development 73.61 $ 10,700 78
03-28-2024 IA Mahaska Cropland/Rec 107.00 $ 5,200 81.2
03-28-2024 IA Emmet Cropland 78.38 $ 8,100 74.9
03-28-2024 MN Yellow Medicine Cropland 54.16 80.7
03-28-2024 SD Spink Cropland 563.00 $ 7,500 64.4
03-28-2024 IA Fayette Cropland 135.00 $ 13,400 87.2
03-28-2024 IA Wayne Cropland 61.30 $ 8,000 46
03-28-2024 IA Wayne Cropland 80.33 $ 6,300 41.9
03-28-2024 IA Wayne Cropland 41.73 $ 5,400 42
03-28-2024 IA Union Cropland/CRP 53.86 $ 5,800 51.3
03-29-2024 IA Winneshiek Cropland 38.48 $ 15,300 82
03-29-2024 MN Cottonwood CRP 78.15 $ 5,500 74.9