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Weekly Auction Results: 2/19/23-2/25/23

February 27, 2023 - Ashley Poduska
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There were 18 tracts of land offered at public auction in Iowa February 19-25, 2023, 17 of which sold during bidding. During these auctions, there was a total of 2,158 acres available for purchase and of those acres, 86% were tillable.

Iowa Results
Tracts Sold: 17
Average $/Acre: $11,307
Average $/Tillable: $12,283
Average $/CSR2: $171
1 Week % Change: +5%
Change from Q4 2022: -6%

The high sale of the week went to a Dubuque County 119-acre cropland farm bringing 17,850 per acre of $257.22 per CSR2.

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

Minnesota Results
Tracts Sold: 10
Average $/Acre: $7,728
Average $/Tillable: $9,801
Average $/Point: $125
 

Sale Date State County Land Type Gross Acres $ Per Acre CSR2
02-21-2023 IA Dickinson Cropland 119.03 $ 17,850 73.1
02-21-2023 IA Dickinson Estate 42.54 $ 15,750 62.3
02-21-2023 IL Vermilion Ag land 157.00 $ 10,600 120.6
02-21-2023 IL Vermilion Ag land 78.00 $ 10,100 119
02-21-2023 IL Washington Cropland 247.00 $ 11,700 99.9
02-21-2023 MN Steele Cropland 193.98 $ 13,300 83.3
02-21-2023 MN Steele Cropland 63.58 $ 13,300 79.9
02-21-2023 MN Dakota Cropland 141.20 $ 11,300 61.4
02-21-2023 NE Saline Cropland 158.00 $ 6,500 59.1
02-22-2023 MN Dodge Cropland 82.52 $ 11,500 88
02-22-2023 MN Mahnomen Cropland 47.00 $ 5,540 88
02-22-2023 IA Hardin Cropland 209.60 $ 7,425 59.3
02-22-2023 IA Hardin Cropland 75.69 $ 9,750 62.9
02-22-2023 MN Mahnomen Cropland/Rec 151.00 $ 3,040 68.8
02-22-2023 MN Steele Cropland 40.00 $ 11,500 82.2
02-23-2023 IA Clinton Ag land 40.00 $ 11,750 60
02-23-2023 IA Black Hawk Cropland 71.72 $ 13,600 75.8
02-23-2023 MN Pennington Cropland 159.00 $ 3,900 80.4
02-23-2023 MN Pennington Cropland 160.00 $ 3,900 71.4
02-23-2023 IL Bureau Cropland 81.77 $ 11,000 133.6
02-23-2023 MN Pennington Cropland 80.00 74.9
02-23-2023 IA Page Cropland 130.00 $ 15,100 75.6
02-23-2023 IA Audubon Cropland 122.80 $ 14,100 87
02-23-2023 IA Audubon Cropland 101.80 $ 14,100 87.5
02-23-2023 IA Tama Cropland 122.00 $ 13,700 80.8
02-23-2023 IA Clinton Ag land 52.47 $ 9,000 57.6
02-24-2023 IA Carroll Cropland/Rec 240.00 $ 5,400 50.5
02-24-2023 IA Wayne Cropland 155.22 $ 7,100 49.8
02-24-2023 IA Clinton CRP 110.00 $ 7,850 65.7
02-24-2023 IA Franklin Cropland 173.69 76.6
02-24-2023 IA Franklin Cropland 171.77 $ 9,100 79.5
02-24-2023 IA Jones Cropland 60.00 $ 9,050 70.1
02-24-2023 MO Audrain Cropland 93.00 $ 9,900 70.1
02-24-2023 MO Audrain Cropland/Rec 68.00 $ 7,800 65.9
02-24-2023 IA Hancock Cropland 160.00 $ 11,600 84.2
Published in: Land Values