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Weekly Auction Results: 12/18/22-12/24/22

December 27, 2022 - Ashley Poduska
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There were 6 tracts of land offered at public auction December 18 through December 24. During these auctions, there was a total of 534.93 acres available for purchase and of those acres, 90% were tillable acres.

Iowa Results:
Tracts Sold: 6 
Average $/Acre: $10,183
Average $/Tillable: $12,322
Average $/CSR2: $158
Change from Prior Week: -12%
Change from 2022 Q3: -13%

The high sale of the week went to a Mahaska County 119-acre cropland farm, bringing $15,800/acre or $215/CSR2.

Below is a chart tracking the weekly change of $/CSR2 from the first week of January to now.

 

Sale Date State County Land Type Gross Acres $ Per Acre CSR2
12-19-2022 MO Ray Cropland 105.00 $ 19,100 50.9
12-19-2022 MN Yellow Medicine Cropland 60.00 $ 9,750 95.5
12-20-2022 IA Wright Cropland 38.00 $ 3,800 47.6
12-20-2022 IA Madison Row Crop 46.51 $ 15,800 77.4
12-20-2022 IA Muscatine Ag land 119.28 $ 10,500 89.9
12-20-2022 IL Henry Ag land 38.00 $ 20,501 140.8
12-20-2022 IA Wright Cropland 56.00 $ 6,000 54.6
12-20-2022 IL Grundy Ag land 78.11 $ 16,200 138
12-20-2022 IA Wright Cropland 28.00 54.3
12-20-2022 IL Henry Ag land 9.00 $ 20,501 --
12-20-2022 MN Renville Cropland 60.21 $ 11,050 86.9
12-21-2022 IA Butler Acreage 4.07 --
12-21-2022 IA Butler Cropland 162.94 $ 9,500 67.8
12-21-2022 MN Redwood Cropland 160.00 $ 11,000 80.2
12-21-2022 IA Muscatine Ag land 112.40 $ 15,500 92.9
12-21-2022 MN Redwood Cropland 80.00 $ 11,550 80.2
12-21-2022 MN Redwood Cropland 80.00 $ 11,800 80.2
12-21-2022 MN Redwood Cropland 51.39 $ 11,600 80.2
Published in: Land Values