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Weekly Auction Results: 3/5/23-3/11/23

March 13, 2023 - Ashley Poduska
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There were 33 tracts of land offered at public auction in Iowa March 5 through 11, 2023, 29 of which sold during bidding. During these auctions, there was a total of 3,258 acres available for purchase and of those acres, 85% were tillable.

Iowa Results
Tracts Sold: 29
Average $/Acre: $11,237
Average $/Tillable: $15,341
Average $/CSR2: $203
1 Week % Change: +9%
Change from Q4 2022: +12%

The high sale of the week went to a two-tract auction in Plymouth County. Both tracts sold for $24,000/acre or $257 and $258 per CSR2.

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

Illinois Results
Tracts Sold: 6
Average $/Acre: $14,490

Minnesota Results
Tracts Sold: 4
Average $/Acre: N/A
 

Sale Date State County Land Type Gross Acres $ Per Acre CSR2
03-06-2023 IA Allamakee Cropland/Pasture 78.00 $ 5,600 42
03-06-2023 IA Allamakee Cropland/Pasture 74.51 $ 5,637 39.3
03-06-2023 IA Allamakee Cropland/Pasture 38.84 $ 5,623 35
03-06-2023 IA Allamakee Cropland/Pasture 76.08 $ 5,594 41
03-07-2023 IA Marshall Pasture/Crop 265.91 $ 9,200 --
03-07-2023 IA Marshall Pasture/Crop 202.72 $ 12,600 86.5
03-07-2023 IA Marshall Cropland 79.74 $ 10,100 85.7
03-07-2023 IA Sioux Cropland 53.85 $ 15,100 88
03-07-2023 IA Allamakee Cropland 96.90 60.2
03-07-2023 IA Allamakee Cropland 157.72 $ 4,550 48.8
03-07-2023 IA Allamakee Recreational 80.40 $ 4,700 38.9
03-07-2023 IA Dubuque Ag land 79.00 $ 12,100 86.8
03-07-2023 IA Dubuque Ag land 77.10 $ 12,950 86
03-08-2023 MO Holt Cropland 138.00 $ 16,304 76
03-08-2023 IA Mitchell Ag land 80.00 $ 15,200 86.8
03-08-2023 IA Mitchell Ag land 166.00 86.8
03-09-2023 IL Morgan Cropland 77.50 $ 7,440 124.8
03-09-2023 IA Clay Cropland 99.94 $ 15,000 62.2
03-09-2023 IA Clay Cropland 45.27 $ 12,600 59.7
03-09-2023 IA Clay Cropland 63.12 $ 7,800 50.5
03-09-2023 IA Delaware Ag land 47.00 $ 13,600 80.8
03-09-2023 IL Jasper Cropland 40.12 $ 18,200 110.4
03-09-2023 IL Jasper Cropland 79.92 $ 18,200 111.7
03-09-2023 IL Shelby Ag land 51.82 $ 15,200 122.6
03-09-2023 IL Shelby Ag land 93.27 $ 12,600 120.3
03-09-2023 IL Morgan Cropland 50.00 $ 15,300 133.8
03-09-2023 MN Meeker Cropland 81.86 $ 8,300 89.9
03-09-2023 MN Meeker Cropland 76.07 $ 8,500 90
03-09-2023 MN Meeker Cropland 92.84 $ 6,500 84.1
03-10-2023 IA Hancock Cropland 51.00 $ 14,600 85.5
03-10-2023 IA Lucas Cropland 77.94 $ 20,500 70
03-10-2023 IA Grundy Cropland 79.32 $ 14,700 64
03-10-2023 IA Wayne Cropland 140.00 $ 6,850 60.6
03-10-2023 IA Palo Alto Cropland 75.99 $ 24,000 94.7
03-10-2023 MN Jackson Cropland 79.20 $ 9,091 84.4
03-10-2023 IA Palo Alto Cropland 76.71 $ 24,000 95
03-10-2023 IA Franklin Cropland 79.65 76.1
03-10-2023 IA Franklin Cropland 255.86 78.2
03-10-2023 IA Franklin CRP 56.47 $ 6,650 55.3
03-10-2023 IA Franklin CRP 77.80 $ 4,770 51.8
03-10-2023 IA Franklin CRP 98.75 $ 4,350 50.4
03-10-2023 IA Hancock Cropland 92.00 $ 12,000 82.9
03-10-2023 IA Hancock Cropland 83.00 $ 12,600 86.5
03-11-2023 IA Carroll Cropland 151.00 $ 12,900 70.4
Published in: Land Values