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Weekly Auction Results: 5/15/22–5/21/22

May 23, 2022 - Ashley Poduska
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16 Iowa tracts sold at public auction last week, bringing an average dollar per acre of $9,556; average dollar per tillable acre of $12,907 and an average dollar per CSR2 of $197.  This is up 13% from the previous week and Q1 2022's $/CSR2 average.  

The top sale of the week went to a Jackson County auction - Tract 1 brought $14,600/acre or $283/CSR2 while Tract 2 brought $17,700/acre or $289/CSR2.  Tract 2's south half could be considered pasture, as it has been in hay/alfalfa, but FSA and the auctioneer reported it as cropland, and we calculated it accordingly.
 

Sale Date State County Land Type Gross Acres $ Per Acre CSR2
05-16-2022 IA Dallas Rec 89.80 $ 5,600 --
05-16-2022 IA Dallas Rec 101.73 $ 4,700 --
05-17-2022 IA Iowa Cropland 46.58 $ 17,700 64.2
05-17-2022 IA Butler Cropland 77.00 $ 12,450 83.3
05-17-2022 IA Emmet Recreational 67.21 $ 6,300 50.9
05-17-2022 IA Emmet Recreational 40.00 $ 3,450 58.9
05-17-2022 IA Harrison Recration/CRP 41.20 $ 7,625 56.8
05-17-2022 IA Iowa Cropland 103.33 $ 14,600 58.7
05-18-2022 MN Murray Cropland 80.00 $ 12,500 89.9
05-18-2022 IA Montgomery Ag/Rec 36.43 $ 9,905 61.2
05-18-2022 IA Montgomery Cropland 118.16 $ 8,050 58
05-18-2022 IA Montgomery Cropland 55.16 $ 7,770 61.9
05-18-2022 IA Grundy Pasture 158.12 $ 7,050 38.8
05-18-2022 IA Page Cropland 120.00 $ 11,600 79.4
05-18-2022 IA Worth Cropland 80.00 $ 10,000 56.9
05-18-2022 IA Worth Cropland 67.79 $ 9,800 60.1
05-19-2022 IA Plymouth Cropland 78.50 $ 16,300 86.6
Published in: Land Values