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Weekly Auction Results: 2/26/23-3/4/23

March 7, 2023 - Ashley Poduska
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There were 19 tracts of land offered at public auction in Iowa February 26-March 4, 2023, 18 of which sold during bidding. During these auctions, there was a total of 1,888 acres available for purchase and of those acres, 87% were tillable.

Iowa Results
Tracts Sold: 18
Average $/Acre: $13,645
Average $/Tillable: $14,897
Average $/CSR2: $186
1 Week % Change: +9%
Change from Q4 2022: +2%

The high sale of the week went to an Osceola County 80.64-acre cropland farm, sold by Peoples Company.  It sold for $21,700 per acre or $232 per CSR2.

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

Illinois Results
Tracts Sold: 7
Average $/Acre: $12,207

Minnesota Results
Tracts Sold: 6
Average $/Acre: $5,608

Missouri Results
Tracts Sold: 10
Average $/Acre: $11,056
 

Sale Date State County Land Type Gross Acres $ Per Acre CSR2
02-27-2023 IA Tama Cropland 160.00 $ 14,400 --
02-27-2023 IL Knox Cropland 159.34 $ 17,500 --
02-28-2023 IA Henry Cropland 61.89 --
02-28-2023 MO Ralls Cropland 106.00 $ 7,500 --
02-28-2023 IA Plymouth Cropland 80.00 $ 13,100 --
02-28-2023 IL Mercer Cropland 60.23 $ 9,850 --
02-28-2023 IL Mercer Cropland 67.33 $ 5,300 --
02-28-2023 IL Mercer Cropland 103.33 $ 9,800 --
02-28-2023 MN Swift Cropland 162.48 $ 4,600 --
02-28-2023 MN Swift Cropland 86.25 $ 5,100 --
02-28-2023 MN Swift Cropland 75.36 $ 4,700 --
02-28-2023 MN Swift Cropland 79.95 $ 6,050 --
02-28-2023 MN Todd Cropland 71.50 $ 5,100 --
02-28-2023 MN Meeker Cropland 73.50 $ 8,100 --
02-28-2023 NE Hamilton Irrigated Cropland 160.00 $ 11,000 --
03-01-2023 IA Greene Cropland 75.00 $ 18,400 --
03-01-2023 MO Atchison Cropland 80.00 $ 7,500 --
03-01-2023 IA Clayton Cropland 80.00 $ 16,900 --
03-01-2023 IA Buena Vista Cropland 293.88 $ 6,300 --
03-01-2023 IA Emmet Cropland 35.66 $ 16,400 --
03-01-2023 IA Humboldt Cropland 148.25 $ 13,500 --
03-02-2023 IA Winneshiek Pasture 40.00 $ 5,313 --
03-02-2023 IL Tazewell Cropland 100.00 $ 11,600 --
03-02-2023 MO Carroll Ag land 161.90 $ 3,750 --
03-02-2023 MO Carroll Ag land 4.40 $ 48,864 --
03-02-2023 IL McLean Cropland 80.00 $ 16,000 --
03-02-2023 IL Macoupin Cropland 90.00 $ 15,400 --
03-02-2023 IA Benton Cropland 76.39 $ 4,300 --
03-02-2023 IA Cherokee Cropland 102.00 $ 11,000 --
03-02-2023 IA Harrison Cropland 40.00 $ 17,000 --
03-02-2023 IA Harrison Cropland 77.04 $ 12,900 --
03-02-2023 IA Audubon Cropland 154.78 $ 11,500 --
03-03-2023 IA Bremer Cropland 154.27 $ 17,900 --
03-03-2023 IA Bremer Cropland 76.17 $ 10,900 --
03-03-2023 IA OBrien Cropland 72.92 $ 18,900 --
03-03-2023 IA OBrien Cropland 80.64 $ 21,700 --
03-03-2023 MO Knox Cropland 457.00 $ 9,250 --
03-03-2023 MO Knox Cropland 219.00 $ 10,500 --
03-03-2023 MO Knox Cropland 80.00 $ 6,550 --
03-03-2023 MO Knox Cropland 117.00 $ 7,150 --
03-03-2023 MO Scotland Cropland 78.00 $ 4,750 --
03-03-2023 MO Scotland Cropland 82.00 $ 4,750 --
03-03-2023 IA Bremer Cropland 79.00 $ 15,200 --
Published in: Land Values