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Land Auction Results | May 2025

June 2, 2025 - Peoples Company
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The appraisal team at Peoples Company was able to track 28 tracts or 2,007 acres sold at public auction in Iowa during May 2025. The average dollar per acre was $9,289, the average dollar per tillable acre was $11,895, and the average dollar per CSR2 was $160.

Peoples Company Auctions
30.00 Acres M/L in Wayne County, IA
230.65 Acres M/L in Wilkin County, MN
80.00 Acres M/L in Guthrie County, IA
50.52 Acres M/L in Clarke County, IA

Click HERE to view the Iowa Land Values Update for 2025 Quarter 1.

Below are results for land auctions that occurred in May 2025. 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
05-01-2025 IA Fayette Cropland 74.33 $ 9,600 74.8
05-08-2025 IA Poweshiek CRP 40.00 $ 8,050 --
05-09-2025 IA Cass Crop/Pasture 130.00 $ 7,600 61.4
05-13-2025 IA Harrison Cropland 73.40 $ 8,800 62.9
05-13-2025 IA Harrison Cropland 66.00 $ 10,250 69.5
05-13-2025 IA Harrison Crop/Timber 81.37 $ 5,500 71.8
05-15-2025 IA Mitchell Cropland 113.14 $ 22,000 94.7
05-15-2025 IA Wayne Rural Residence 30.00 $ 8,500 --
05-15-2025 IA Cherokee Pasture 71.55 $ 6,700 47.3
05-20-2025 IA Des Moines Cropland 162.95 $ 10,200 79.1
05-20-2025 IA Van Buren Rec 75.00 $ 7,900 --
05-20-2025 IA Van Buren Cropland/CRP 52.00 $ 6,000 35.7
05-20-2025 IA Des Moines Cropland/Rec 155.89 $ 10,500 78.5
05-20-2025 MN Wilkin Cropland 80.00 $ 10,000 95.5
05-20-2025 MN Wilkin Cropland 150.65 $ 9,750 93.9
05-22-2025 IA Guthrie Cropland 80.00 $ 9,100 65.8
05-22-2025 IA Keokuk Cropland 30.86 $ 4,225 32.3
05-26-2025 IA Harrison CRP/Acreage 66.02 $ 7,500 --
05-28-2025 IA Adair Cropland 87.60 $ 13,200 78.8
05-29-2025 IA Crawford Cropland 148.68 $ 12,400 73
05-29-2025 IA Clarke Cropland 50.52 $ 5,700 48
05-31-2025 IA Ringgold Crop/Pasture 71.98 $ 7,000 54.2