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Weekly Auction Results: 8/21/22–8/27/22

August 30, 2022 - Ashley Poduska
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There were 28 tracts of land that sold at auction between August 21st and August 27th. During these auctions, there was a total of 2,638 acres available for purchase and of those acres, 88% were tillable acres.

Iowa Results:
Tracts Sold: 28
Average $/Acre: $12,540
Average $/Tillable: $13,911
Average $/CSR2: $182
Change from Prior Week: -7%
Change from 2022 Q2: -3%

The high $/acre sale of the week went to an Ida County 219.2 acre cropland farm, bringing $23,400/acre or $240/CSR2. The high $/CSR2 sale of the week went to a Dubuque County farm: 113.7 acres for $14,600/acre or $252/CSR2.

Below is a chart tracking the weekly change of $/CSR2 from the first week of January to now.

Illinois Results
Tracts Sold: 3
Average $/Acre: $17,800
Average $/Tillable: $n/a
Average $/PI: $n/a

Minnesota Results
Tracts Sold: 9
Average $/Acre: $6,493
Average $/Tillable: $8,452
Average $/PI: $97

Nebraska Results
Tracts Sold: 3
Average $/Acre: $3,308
Average $/Tillable: $n/a
Average $/PI: $n/a
 

 

Sale Date State County Land Type Gross Acres $ Per Acre CSR2
08-23-2022 IA Webster Cropland 79.00 $ 14,000 81.9
08-23-2022 MN Lyon Hunting/Rec 40.00 $ 3,100 33.6
08-23-2022 IA Bremer Cropland 158.02 $ 9,300 85.9
08-23-2022 IA Bremer Cropland 37.25 $ 7,600 85.8
08-23-2022 IA Humboldt Cropland 78.00 $ 9,800 63.8
08-23-2022 IA Humboldt Cropland 158.34 $ 10,000 61.2
08-23-2022 IA Clayton Cropland 120.99 $ 14,100 77.5
08-23-2022 MN Lyon Pasture 85.63 $ 2,500 66.6
08-23-2022 MN Lyon Cropland 83.61 $ 7,800 91.8
08-24-2022 IA Muscatine Cropland 46.81 $ 12,100 85.6
08-24-2022 MN Grant Cropland 105.10 $ 6,900 88
08-24-2022 MN Grant Cropland 462.76 $ 8,600 84.9
08-24-2022 MN Grant Cropland 153.35 $ 8,331 85.2
08-24-2022 MN Grant Cropland 160.00 $ 3,400 72.2
08-24-2022 IA Muscatine Cropland 108.74 $ 16,000 76
08-24-2022 IA Muscatine Cropland 120.06 $ 13,100 89.2
08-24-2022 IA Cherokee Cropland 68.00 $ 9,500 76.1
08-24-2022 IA Muscatine Cropland 31.39 $ 17,000 77.5
08-25-2022 NE Holt Pasture 100.00 $ 7,050 53.2
08-25-2022 IA Cherokee Cropland 141.00 $ 9,350 76.7
08-25-2022 IA Emmet Cropland 70.00 $ 13,500 77
08-25-2022 IA Hancock Cropland 40.00 $ 15,300 88.2
08-25-2022 IA Tama Cropland 78.62 $ 11,250 77.2
08-25-2022 IA Mahaska Cropland 125.78 $ 11,500 73.2
08-25-2022 IA Dickinson Cropland 113.74 $ 14,600 62.4
08-25-2022 IA Humboldt Cropland 219.18 $ 23,400 92
08-25-2022 IA Grundy Cropland 119.89 $ 16,000 80.2
08-25-2022 IL Sangamon Cropland 35.00 $ 18,600 136.2
08-25-2022 IL Sangamon Cropland 40.00 $ 20,500 142.2
08-25-2022 MN Redwood Cropland 132.17 --
08-25-2022 MN Redwood Cropland 14.00 --
08-25-2022 MN Nicollet Cropland 74.30 $ 12,621 91.3
08-25-2022 NE Holt Cropland 220.00 $ 1,825 --
08-25-2022 NE Holt Recreation 159.95 $ 1,050 --
08-26-2022 IA Warren Cropland 67.00 $ 11,000 56
08-26-2022 IA Warren Cropland 62.25 $ 9,000 72.9
08-26-2022 IA Lee Cropland 69.96 $ 11,100 60.2
08-26-2022 IA Jackson Cropland 35.00 $ 10,700 53.1
08-26-2022 IA Humboldt Cropland 90.44 $ 13,584 84.8
08-26-2022 IA Humboldt Cropland 118.71 $ 10,425 85.3
08-26-2022 IL Winnebago Cropland 199.72 $ 14,300 137.3
08-26-2022 IA Jackson Cropland 120.00 $ 14,300 74.2
08-26-2022 IA Jackson Cropland 120.00 $ 17,100 83.6
08-26-2022 IA Warren Recreational 40.00 $ 6,500 --
Published in: Land Values