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Weekly Auction Results: 7/16/23-7/29/23

July 31, 2023 - Ashley Poduska
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This week’s snapshot includes the weeks of July 16-22 and 23-29. These two weeks had 2,842 acres offered for sale in Iowa, with an average dollar per acre of $12,209 and an average dollar per CSR2 of $158. This $/CSR2 is down 12% from the Q2 average of $179.

Iowa Results
Tracts Sold: 22
Average $/Acre: $12,309
Average $/Tillable: $13,719
Average $/CSR2: $158

The high sale was a Marshall County 64.9-acre cropland field that sold for $17,425/acre or $195/CSR2. Story County also saw a strong sale, with 80-acres selling for $17,100/acre or $204/CSR2.

Below is a map of the auction data in Iowa, Illinois, Minnesota, and Missouri for the weeks of 7/16/23-7/29/23.

Illinois Results
Tracts Sold: 11
Average $/Acre: $13,818
Average $/Tillable: $14,947
Average $/CSR2: $114

Minnesota Results
Tracts Sold: 6
Average $/Acre: $11,292
Average $/Tillable: $12,325
Average $/CSR2: $153

Sale Date State County Land Type Gross Acres $ Per Acre CSR2
Published in: Land Values