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Weekly Auction Results: 2/5/23-2/11/23

February 13, 2023 - Ashley Poduska
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There were 20 tracts of land that were offered at public auction in Iowa February 5-11, 2023. During these auctions, there was a total of 2,006 acres available for purchase and of those acres, 91% were tillable.There were 20 tracts of land that were offered at public auction in Iowa February 5-11, 2023. During these auctions, there was a total of 2,006 acres available for purchase and of those acres, 91% were tillable.

Iowa Results
Tracts Sold: 20
Average $/Acre: $12,354
Average $/Tillable: $14,582
Average $/CSR2: $186
1 Week % Change: -1%
Change from Q4 2022: +2%

The high dollar-per-acre sale of the week went to a Grundy County 117-acre cropland farm that sold for $18,600 per acre or $199 per CSR2.

The high dollar-per-CSR2 sale of the week went to a Palo Alto 80-acre cropland farm that sold for $17,775 per acre or $238 per CSR2.

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

Minnesota Results
Tracts Sold: 10
Average $/Acre: $10,354
Average $/Tillable: $12,350
Average $/CSR2: $150
1 Week % Change: n/a
Change from Q4 2022: n/a

 

Sale Date State County Land Type Gross Acres $ Per Acre CSR2
02-06-2023 MN Yellow Medicine Cropland/Site 78.10 $ 10,900 --
02-06-2023 MN Yellow Medicine Cropland 40.00 $ 9,000 81.3
02-06-2023 MN Yellow Medicine Cropland 200.00 $ 10,900 81.1
02-07-2023 MN Dakota Cropland 40.36 $ 7,600 55.5
02-07-2023 MN Dakota Cropland 108.46 $ 4,500 38.5
02-07-2023 IL Bureau Cropland 80.00 $ 15,600 139.2
02-07-2023 MN Steele Cropland 152.00 $ 11,000 92.5
02-07-2023 MN Steele Cropland 71.00 $ 15,050 92.4
02-07-2023 IA Greene Cropland 117.00 $ 18,600 94.8
02-07-2023 IA Page Cropland 80.00 $ 17,775 78.3
02-07-2023 IA Webster Cropland 120.00 $ 14,300 71.2
02-07-2023 IA Marshall Cropland 77.16 $ 12,500 75
02-07-2023 IL Bureau Cropland 77.78 $ 16,800 139.9
02-07-2023 IL Bureau Cropland 57.94 $ 10,000 132.2
02-08-2023 IA Greene Cropland 43.80 $ 17,300 85.6
02-08-2023 IA Lee Cropland 75.54 $ 9,900 79.9
02-08-2023 IA Grundy Cropland/Pasture 160.00 $ 6,800 54.9
02-08-2023 IA Woodbury Cropland 80.00 $ 15,000 74.3
02-08-2023 IA Woodbury Cropland 80.00 $ 14,250 76.7
02-08-2023 IA Grundy Cropland 160.00 $ 9,200 59.3
02-08-2023 IA Grundy Cropland/Dwelling 160.00 $ 6,750 51.5
02-08-2023 MN Mower Cropland 53.30 $ 7,800 63.4
02-09-2023 MO St. Clair Cropland 33.00 $ 7,000 74
02-09-2023 IA Harrison Cropland 75.86 $ 15,600 75.5
02-09-2023 IA Harrison Cropland 38.26 $ 11,400 70
02-09-2023 IA Delaware Cropland/CRP 137.57 $ 13,600 87.1
02-09-2023 IA Delaware Cropland 136.40 $ 13,000 88.5
02-09-2023 IA Buchanan Cropland 113.94 $ 13,000 87.8
02-09-2023 IA Buchanan Cropland 40.00 $ 15,100 85.3
02-09-2023 IA Buchanan Cropland/CRP 116.24 $ 7,000 73.8
02-09-2023 MO St. Clair Cropland 152.00 $ 7,000 70.1
02-10-2023 MN Sibley Cropland 80.00 $ 13,396 94.1
02-10-2023 MN Sibley Cropland 160.00 $ 13,396 92.3
02-10-2023 IA Wayne Cropland 120.00 $ 6,000 45.7
02-10-2023 IA Plymouth Cropland 74.21 $ 10,000 70
Published in: Land Values