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Land Auction Results - October 2022

November 2, 2022 - Ashley Poduska
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There were 101 tracts of land that sold at auction in October 2022. During these auctions, there was a total of 8,601 acres available for purchase. This volume is down 23% from September 2022, but up 5% from October 2021.

Iowa Results:
Tracts Sold: 101
Acres Sold: 8,601
Average $/Acre: $11,282
Average $/Tillable: $13,763
Average $/CSR2: $174
Change from Last Month: -2%
Change from 2022 Q3: -4%
One Year Change: +5%

The average dollar per CSR2 was $174 which is down 4% from the Quarter 3 average, and down 10% from the peak of $193/CSR2 in May 2022.

The high sale of the month went to a Plymouth County 55.6 acre cropland farm with a CSR2 of 91.7. It sold for $26,250/acre or $296/CSR2.

Peoples Company Auctions:
Listing #16367 - 552.45 Acres M/L in Wayne County, IA
Listing #16418 - 622.84 Acres M/L in Whitman County, WA
Listing #16373 - 200.83 Acres M/L in Carroll County, IA
Listing #16404 - 154.56 Acres M/L in Lucas County, IA
Listing #16392 - 78.50 Acres M/L in Polk County, IA
Listing #16352 - 155.78 Acres M/L in Adair County, IA
Listing #16435 - 637.63 Acres M/L in Appanoose County, IA
Listing #16396 - 431.43 Acres M/L in Clinton County, IA

Click here to view the Iowa Land Values Update for 2022 Quarter 3.

Below is a map of the auction data in Iowa for October 2022.

Below are results for land auctions that occurred in October 2022. 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
10-03-2022 MO Audrain Cropland 57.60 $ 3,650 --
10-03-2022 MO Audrain Cropland 99.70 $ 12,100 --
10-03-2022 MO Audrain Cropland 83.20 $ 8,050 --
10-03-2022 MO Audrain Cropland 81.30 $ 12,100 --
10-04-2022 IA Allamakee Cropland 29.00 $ 4,350 --
10-04-2022 IA Allamakee Cropland 117.00 $ 3,975 --
10-04-2022 IA Fremont Cropland 156.97 $ 14,100 --
10-04-2022 IA Allamakee Mixed Use 86.00 $ 4,750 --
10-04-2022 IA Allamakee Cropland 51.00 $ 7,550 --
10-04-2022 IA Allamakee Cropland 59.89 $ 7,650 --
10-04-2022 IA Allamakee Cropland 20.25 $ 7,500 --
10-04-2022 IA Allamakee Cropland 21.00 $ 7,500 --
10-05-2022 IA Butler Cropland 40.00 $ 18,100 --
10-05-2022 IL Marshall Cropland 172.51 $ 13,200 --
10-06-2022 MO Macon Cropland 67.60 $ 5,350 --
10-06-2022 IA Pottawattamie Cropland 72.35 $ 11,500 --
10-06-2022 MO Macon Mixed Use 102.30 --
10-07-2022 IA Sioux Cropland 56.00 $ 17,100 --
10-07-2022 IA Allamakee Mixed Use 40.00 $ 4,000 --
10-07-2022 IA Wright Cropland 210.00 $ 6,200 --
10-08-2022 MO Ray Cropland 122.00 $ 11,180 --
10-08-2022 IA Palo Alto Cropland 240.00 $ 11,100 --
10-08-2022 MO Ray Cropland 40.00 $ 16,825 --
10-08-2022 MO Ray Cropland 58.00 $ 10,635 --
10-10-2022 IA Palo Alto Cropland 55.60 $ 26,250 --
10-11-2022 IA Carroll Cropland 155.00 $ 12,000 --
10-11-2022 IA Humboldt Cropland 145.46 $ 14,350 --
10-11-2022 IA Jasper Cropland 70.27 $ 13,000 --
10-11-2022 IA Jasper Cropland 80.39 $ 12,050 --
10-12-2022 IA Plymouth Cropland 80.00 $ 14,400 --
10-13-2022 IA Polk Cropland 112.47 $ 15,100 --
10-14-2022 IA Wayne Site 29.34 --
10-14-2022 IA Lyon Cropland 160.00 $ 6,150 --
10-14-2022 IA Hancock Cropland 119.00 $ 13,000 --
10-14-2022 IA Hamilton Cropland 56.00 $ 14,200 --
10-14-2022 IA Hamilton Cropland 57.00 $ 11,800 --
10-14-2022 IA Hancock Cropland 119.00 $ 13,000 --
10-14-2022 IA Hamilton Cropland 56.00 $ 14,200 --
10-14-2022 IA Hamilton Cropland 57.00 $ 11,800 --
10-14-2022 IA Wayne Cropland 40.00 $ 7,500 --
10-14-2022 IA Wayne Pasture 40.00 $ 4,550 --
10-14-2022 IA Wayne Pasture 31.13 $ 6,300 --
10-14-2022 IA Wayne Mixed Use 188.37 $ 6,900 --
10-14-2022 IA Wayne Mixed Use 44.17 $ 4,200 --
10-14-2022 IA Wayne CRP 45.59 $ 5,900 --
10-14-2022 IA Wayne Mixed Use 78.91 $ 5,900 --
10-14-2022 IA Wayne Cropland 54.94 $ 6,700 --
10-14-2022 IA Buchanan Cropland 72.63 $ 12,800 --
10-14-2022 MN Olmsted Pasture/Rec 58.00 $ 8,362 --
10-14-2022 MN Olmsted Cropland 79.00 --
10-14-2022 MN Olmsted Cropland 72.00 $ 9,600 --
10-16-2022 MO Chariton Pasture/Rec 27.00 $ 5,200 --
10-16-2022 MO Chariton Pasture/Rec 42.00 $ 4,700 --
10-18-2022 IA Howard Cropland 76.79 $ 14,351 --
10-18-2022 IA Humboldt Cropland 115.00 $ 16,400 --
10-18-2022 IA Ringgold Cropland 80.00 $ 15,350 --
10-18-2022 IA Humboldt Cropland 115.00 $ 16,400 --
10-18-2022 IA Ringgold Cropland 80.00 $ 15,350 --
10-18-2022 IA Howard Cropland 64.79 $ 10,174 --
10-18-2022 IA Howard Cropland 154.87 $ 10,242 --
10-18-2022 WA Whitman Cropland 361.84 $ 2,600 --
10-18-2022 NE Boone Croplnad 320.00 $ 8,300 --
10-18-2022 WA Whitman Cropland 261.00 $ 2,000 --
10-18-2022 NE Hall Cropland 158.18 $ 6,000 --
10-18-2022 NE Boone Cropland 160.00 $ 13,000 --
10-18-2022 NE Boone Cropland 148.25 $ 13,535 --
10-18-2022 NE Boone Cropland 143.53 $ 12,170 --
10-18-2022 NE Boone Cropland 200.00 $ 14,100 --
10-19-2022 IA Muscatine Ag land 43.32 $ 9,100 --
10-19-2022 IA Warren Transitional 68.07 $ 19,000 --
10-19-2022 IA Black Hawk Cropland 80.00 $ 13,000 --
10-19-2022 IA Muscatine Ag land 112.46 $ 17,700 --
10-20-2022 IA Butler Cropland 114.57 $ 14,100 --
10-20-2022 IA Jackson Cropland 139.89 $ 13,100 --
10-20-2022 IA Ida Cropland 62.66 $ 10,000 --
10-21-2022 IA Calhoun Cropland 78.55 $ 16,500 --
10-21-2022 IA Buena Vista Cropland 185.00 --
10-21-2022 IA Calhoun Cropland 120.83 $ 16,500 --
10-22-2022 MN Steele Rec/Ag 65.50 $ 6,794 --
10-25-2022 IA Buchanan Pasture 50.46 $ 5,400 --
10-25-2022 NE Polk Cropland 80.00 $ 13,650 --
10-25-2022 IA Keokuk Cropland 40.00 $ 17,000 --
10-25-2022 IA Louisa Cropland 100.06 $ 7,025 --
10-25-2022 IA Louisa Cropland 42.00 $ 7,850 --
10-25-2022 IA Polk Cropland 35.57 $ 10,700 --
10-25-2022 IA Buchanan Cropland 67.78 $ 11,725 --
10-26-2022 IA Carroll Cropland 52.00 --
10-26-2022 IA Pocahontas Cropland/Development 78.50 $ 20,300 --
10-26-2022 IA Buchanan Cropland 137.82 $ 19,000 --
10-26-2022 IA Des Moines Cropland 162.07 $ 16,350 --
10-26-2022 IA Carroll Cropland 168.00 $ 7,500 --
10-27-2022 IA Bremer Cropland 36.00 $ 12,100 --
10-27-2022 IA Decatur Cropland 68.00 $ 14,000 --
10-27-2022 IA Shelby Ag land 79.87 $ 20,250 --
10-27-2022 IA Shelby Ag land 75.22 $ 18,000 --
10-27-2022 NE Richardson Cropland 163.07 $ 14,400 --
10-27-2022 IA Lucas Pasture 55.92 $ 5,100 --
10-27-2022 NE Dodge Cropland 80.00 $ 10,050 --
10-27-2022 NE Dodge Cropland 81.05 $ 5,950 --
10-27-2022 NE Richardson Cropland 116.69 $ 27,400 --
10-27-2022 IA Lucas Cropland 77.59 $ 18,100 --
10-27-2022 IA Lucas Cropland 74.47 $ 14,900 --
10-27-2022 IA Marion Cropland 155.00 $ 16,500 --
10-27-2022 IA Greene Cropland 45.00 $ 21,800 --
10-27-2022 IA Marion Cropland 156.00 $ 16,500 --
10-27-2022 IN Whitley Cropland 155.78 $ 8,200 --
10-27-2022 IA Cedar Cropland 110.00 $ 10,475 --
10-27-2022 IA Bremer Cropland 80.00 $ 13,000 --
10-28-2022 IA Allamakee Cropland 80.61 $ 7,450 --
10-28-2022 IA Osceola Cropland 78.16 $ 13,500 --
10-28-2022 IA Osceola Cropland 156.04 $ 8,400 --
10-28-2022 IA Osceola Cropland 77.28 $ 11,100 --
10-28-2022 IA Osceola Mixed Use 119.00 $ 8,400 --
10-28-2022 IA Allamakee Cropland 79.77 $ 7,450 --
10-28-2022 IA Allamakee Cropland 54.48 $ 4,200 --
10-28-2022 IA Allamakee Cropland 34.70 $ 4,100 --
10-28-2022 IA Allamakee Cropland 86.82 $ 4,150 --
10-28-2022 IA Allamakee Cropland 51.73 $ 4,150 --
10-28-2022 IA Allamakee Cropland 159.82 $ 3,450 --
10-28-2022 IA Allamakee Cropland 9.12 $ 3,850 --
10-28-2022 IA Clayton Cropland 59.17 $ 11,750 --
10-28-2022 IA Clayton Cropland 53.60 $ 9,200 --
10-28-2022 IA Clayton Cropland 118.98 $ 9,200 --
10-28-2022 IA Clayton Cropland 39.27 $ 9,200 --
10-28-2022 IA Clayton Cropland 81.98 $ 10,500 --
10-28-2022 IA Clayton Cropland 78.43 $ 9,200 --
10-28-2022 IA Woodbury Cropland 54.61 $ 14,300 --
10-28-2022 IA Woodbury Cropland 144.37 $ 12,200 --
10-28-2022 IA Woodbury Cropland 72.96 $ 9,300 --
10-28-2022 IA Woodbury Cropland 82.85 $ 9,000 --
10-29-2022 IA OBrien Cropland 40.03 $ 16,400 --
11-01-2022 IA Sac Cropland 78.00 $ 11,600 --
Published in: Land Values