Land Auction Results | May 2024
.jpg)
The appraisal team at Peoples Company was able to track 37 tracts or 3,711 acres sold at public auction in Iowa during May 2024. The average dollar per acre was $11,238, the average dollar per tillable acre was $12,604, and the average dollar per CSR2 was $165.
Peoples Company Auctions
80.00 Acres M/L in Barnes County, ND
231.51 Acres M/L in Wayne County, IA
755.89 Acres M/L in Boone & Dallas County, IA
12.50 Acres M/L in Clinton County, IA
407.00 Acres M/L in Furnas County, NE
160.00 Acres M/L in Madison County, IA
271.80 Acres M/L in Grant County, WI
25.00 Acres M/L in Jasper County, IA
Click HERE to view the Iowa Land Values Update for 2024 Quarter 1.
Below are results for land auctions that occurred in May 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 |
|---|---|---|---|---|---|---|
| 05-01-2024 | IA | Poweshiek | CRP | 160.00 | -- | |
| 05-02-2024 | IA | Delaware | Acreage | 2.83 | $ 70,671 | -- |
| 05-03-2024 | IA | Mitchell | Cropland/CRP | 153.00 | $ 7,900 | 73.5 |
| 05-03-2024 | IA | Clarke | Rec | 55.00 | 39.4 | |
| 05-07-2024 | MO | Ray | Acreage/Rec | 87.48 | $ 5,450 | 68.8 |
| 05-07-2024 | NE | Rock | Pasture | 218.74 | $ 1,800 | 26.7 |
| 05-07-2024 | ND | Barnes | Grassland | 80.00 | 56.1 | |
| 05-09-2024 | IA | Wayne | Cropland | 80.00 | $ 8,200 | 52 |
| 05-09-2024 | IA | Wayne | Cropland | 151.51 | $ 5,900 | 51.3 |
| 05-13-2024 | IL | Adams | Cropland | 64.36 | $ 19,200 | 136.5 |
| 05-13-2024 | IL | Adams | Swine Finishing | 16.65 | 109.9 | |
| 05-13-2024 | IL | Adams | Cropland | 46.88 | $ 7,450 | 102.5 |
| 05-15-2024 | IA | Boone | Cropland | 245.92 | 85 | |
| 05-15-2024 | IA | Palo Alto | Cropland | 38.00 | $ 13,400 | 83.6 |
| 05-15-2024 | IA | Palo Alto | Cropland | 80.00 | $ 9,700 | 80.1 |
| 05-15-2024 | IA | Boone | Cropland | 55.78 | 87.1 | |
| 05-15-2024 | IA | Boone | Cropland | 176.06 | 87.5 | |
| 05-15-2024 | IA | Boone | Cropland | 248.19 | 83.8 | |
| 05-15-2024 | IA | Boone | Cropland | 29.94 | 83.7 | |
| 05-15-2024 | IA | Henry | Cropland | 40.00 | $ 6,225 | 42.6 |
| 05-15-2024 | MN | St. Louis | Recreational | 40.00 | $ 788 | -- |
| 05-15-2024 | MN | St. Louis | Cropland/Rec | 40.00 | $ 788 | 43 |
| 05-15-2024 | MN | St. Louis | Cropland/Rec | 40.00 | $ 788 | -- |
| 05-16-2024 | SD | Beadle | CRP | 166.11 | $ 3,700 | 49.4 |
| 05-16-2024 | IA | Polk | Horse Ranch | 21.20 | -- | |
| 05-16-2024 | IA | Mahaska | Development | 13.00 | -- | |
| 05-17-2024 | IA | Emmet | Cropland | 149.30 | 81.2 | |
| 05-20-2024 | IL | Pope | Cropland | 104.00 | $ 5,400 | 114.9 |
| 05-20-2024 | IA | Woodbury | Cropland | 114.65 | $ 8,150 | 46.8 |
| 05-20-2024 | IA | Woodbury | Cropland | 194.00 | 46 | |
| 05-20-2024 | IA | Harrison | Cropland | 77.52 | $ 14,800 | 68.8 |
| 05-20-2024 | IL | Pope | Recreational | 46.00 | $ 2,500 | -- |
| 05-20-2024 | IL | Pope | Recreational | 30.00 | $ 5,200 | 114.1 |
| 05-21-2024 | IL | Fayette | Cropland | 81.55 | $ 14,100 | 111.2 |
| 05-21-2024 | IL | Fayette | Cropland | 81.52 | $ 13,800 | 111.4 |
| 05-21-2024 | IL | Fayette | Cropland | 77.89 | $ 14,100 | 110.9 |
| 05-21-2024 | IL | Fayette | Cropland | 83.19 | $ 14,100 | 112 |
| 05-23-2024 | NE | Furnas | Pasture | 407.00 | $ 1,500 | 64.7 |
| 05-23-2024 | IA | Keokuk | Cropland | 97.50 | $ 13,100 | 73.7 |
| 05-23-2024 | IA | Keokuk | Cropland | 37.00 | $ 13,750 | 86.9 |
| 05-23-2024 | IA | Keokuk | Cropland | 41.50 | $ 7,850 | 57 |
| 05-23-2024 | NE | Chase | Irrigated Cropland | 160.00 | $ 5,000 | 35.2 |
| 05-23-2024 | IA | Madison | Pasture/Cropland | 192.61 | 88.1 | |
| 05-23-2024 | IA | Keokuk | Cropland | 121.00 | $ 10,400 | 79.8 |
| 05-23-2024 | IL | Sangamon | Development | 48.00 | $ 13,600 | 132.6 |
| 05-23-2024 | IL | Pike | Cropland | 47.68 | $ 18,100 | 136.9 |
| 05-23-2024 | IL | Pike | Cropland | 81.52 | $ 19,100 | 138.2 |
| 05-24-2024 | IA | Madison | Cropland | 160.00 | $ 10,600 | 79.7 |
| 05-25-2024 | IA | Lucas | Acreage/pasture | 200.00 | $ 5,700 | 55.2 |
| 05-29-2024 | MO | Shelby | Cropland | 17.20 | 80 | |
| 05-29-2024 | MN | Freeborn | Cropland | 27.11 | $ 8,500 | 83.7 |
| 05-29-2024 | MN | Lyon | Cropland | 69.83 | 93.2 | |
| 05-29-2024 | IA | Webster | Cropland | 80.00 | $ 14,800 | 70.9 |
| 05-29-2024 | MO | Marion | Cropland | 98.10 | $ 5,300 | 64.5 |
| 05-29-2024 | MO | Marion | Pasture | 90.80 | $ 3,150 | -- |
| 05-30-2024 | MO | Johnson | Acreage/Mix | 160.00 | $ 6,350 | -- |
| 05-30-2024 | IA | OBrien | Cropland | 76.90 | $ 16,000 | 98.4 |
| 05-30-2024 | IA | OBrien | Cropland | 80.00 | $ 14,600 | 96.9 |
| 05-30-2024 | MN | Redwood | Cropland | 160.00 | 92 | |
| 05-30-2024 | MN | Redwood | Cropland | 20.00 | 91.9 | |
| 05-30-2024 | MN | Redwood | Cropland | 160.00 | 91.8 | |
| 05-30-2024 | MO | Johnson | Pasture | 352.00 | $ 5,800 | -- |
| 05-30-2024 | MO | Johnson | Pasture/Rec | 110.00 | $ 6,100 | -- |
| 05-30-2024 | WI | Grant | Transitional | 228.80 | $ 6,993 | 75.8 |
| 05-31-2024 | IA | Pocahontas | Cropland | 37.07 | $ 13,250 | 86.6 |
| 05-31-2024 | IA | Pocahontas | Cropland | 78.00 | $ 11,900 | 84.1 |
| 05-31-2024 | IA | Pocahontas | Cropland | 80.00 | $ 12,200 | 86.1 |
| 05-31-2024 | IA | Pocahontas | Cropland | 80.52 | $ 10,300 | 84.9 |
| 05-31-2024 | IA | Washington | Cropland | 103.00 | $ 16,600 | 82 |
| 05-31-2024 | IA | Pocahontas | Cropland | 80.43 | $ 12,400 | 84 |
| 05-31-2024 | IA | Pocahontas | Cropland | 79.29 | $ 8,650 | 60.6 |
Agriculture
Crop Insurance
Energy Management
Industry Insights
Land Auctions
Land Investment Expo
Land Management
Land Values
News & Events
Real Estate
Peoples Company proactively works to anticipate the needs of those in the agricultural sector. Our monthly email publication keeps readers in the know about everything land.
