Weekly Auction Results: 8/28/22–9/3/22
There were 19 tracts of land that sold at auction in Iowa between August 28th and September 3rd that met the criteria of 35+ acres, 85%+ tillable with a primarily highest-and-best-use of agriculture. During these auctions, there was a total of 2197.8 acres available for purchase and of those acres, there was an average of 89% tillable acres.
Iowa Results:
Tracts Sold: 19
Average $/Acre: $11,358
Average $/Tillable: $13,534
Average $/CSR2: $166
Change from Prior Week: -8%
Change from 2022 Q2: -12%
The high sale of the week went to a Sioux County 80.29-acre cropland farm, bringing $26,000/acre or $292/CSR2.
Below is a chart tracking the weekly change of $/CSR2 from the first week of January to now.
Minnesota Results:
Tracts Sold: 7
Average $/Acre: $9,145
Average $/Tillable: $12,411
Average $/PI: $137
| Sale Date | State | County | Land Type | Gross Acres | $ Per Acre | CSR2 |
|---|
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