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Weekly Auction Results: 1/22/23-1/28/23

January 30, 2023 - Ashley Poduska
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There were 24 tracts of land that were offered at public auction in Iowa January 22-28. During these auctions, there was a total of 2,333 acres available for purchase and of those acres, 94% were tillable.

Iowa Results
Tracts Sold: 23
Average $/Acre: $12,801
Average $/Tillable: $14,692
Average $/CSR2: $190
1 Week % Change: +9%
Change from Q4 2022: +4%

The high dollar-per-acre sale of the week went to a Peoples Company Auction.  It was a Tama County 73.4-acre cropland farm that sold for $21,000 per acre or $236 per CSR2.

The high dollar-per-CSR2 sale of the week went to a Lyon County 80.7-acre cropland farm that sold for $20,000 per acre or $307 per CSR2.

Below is a chart tracking the weekly change of $/CSR2 over the past 12 months.

Minnesota Results
Tracts Sold: 10
Average $/Acre: $10,893
Average $/Tillable: $11,469
Average $/NCCPI: $128

 

Sale Date State County Land Type Gross Acres $ Per Acre CSR2
01-23-2023 IA Scott Cropland 150.92 $ 11,856 66.5
01-23-2023 IA Scott Cropland 79.00 $ 13,500 62.9
01-23-2023 IA Hardin CRP 128.00 48.9
01-24-2023 IA Page Cropland 160.00 $ 11,000 80.6
01-24-2023 IA Buchanan Cropland 90.00 $ 15,650 93.6
01-24-2023 IA Monroe Rec/Ag 70.77 $ 6,100 60.3
01-24-2023 IA Monroe Pasture/Rec 76.27 $ 4,350 44.7
01-24-2023 IA Polk Cropland 143.00 $ 9,000 73.5
01-24-2023 IA Polk Cropland 69.00 $ 9,000 74.9
01-24-2023 IA Tama Cropland 73.43 $ 21,000 90.9
01-24-2023 IA Audubon Cropland 77.00 $ 17,100 92.6
01-24-2023 IA Audubon Cropland 59.30 $ 17,100 90.9
01-24-2023 IA Lucas Cropland 80.60 $ 18,100 67.8
01-24-2023 IA Lucas Cropland 80.71 $ 20,000 67.6
01-24-2023 NE Burt Cropland 75.00 $ 8,700 67.6
01-24-2023 MO Saline Cropland 93.49 $ 12,000 75.5
01-24-2023 MO Barton Cropland 80.00 $ 4,100 68.4
01-24-2023 MO Saline Cropland 124.00 $ 15,500 82.8
01-24-2023 MO Saline Cropland 108.00 $ 15,500 82.8
01-25-2023 IA Clinton Cropland 200.00 $ 12,100 69
01-25-2023 IA Clinton Cropland/Blg Site 160.00 $ 13,400 65.4
01-25-2023 IA Harrison Cropland 80.85 $ 10,225 77.3
01-25-2023 MN Redwood Cropland 71.00 $ 11,042 92.6
01-25-2023 MN Redwood Cropland 115.48 $ 9,621 73.9
01-25-2023 MN Redwood Cropland 75.70 $ 11,955 92.8
01-25-2023 MN Brown Cropland 74.51 $ 13,689 93.4
01-26-2023 NE Pierce Cropland 160.00 $ 9,050 67.2
01-26-2023 NE Butler Cropland 160.00 $ 7,000 74.7
01-26-2023 IA Des Moines Cropland 40.50 $ 13,150 86
01-26-2023 IA Des Moines Cropland/Turbines 160.80 $ 14,900 85.3
01-26-2023 IA Cass Cropland 115.71 $ 13,400 89.3
01-26-2023 IA Sioux Cropland 80.00 $ 14,300 84.1
01-27-2023 MN Sibley Cropland 51.41 $ 12,021 91.6
01-27-2023 MN Sibley Cropland 91.72 $ 10,576 93.2
01-27-2023 IA Grundy Cropland 37.00 $ 13,400 69.7
01-27-2023 MN McLeod Cropland 46.60 $ 12,017 89.7
01-27-2023 MN McLeod Cropland 117.90 $ 10,865 90.8
01-27-2023 MN McLeod Cropland 58.20 $ 10,086 89.8
01-27-2023 MN McLeod Cropland 91.00 $ 7,055 91.1
01-28-2023 IA Lucas Cropland 75.67 $ 11,000 67
01-28-2023 IA Lucas Pasture 44.90 $ 4,800 60.1
Published in: Land Values