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Weekly Auction Results: 9/18/22-9/24/22

September 26, 2022 - Ashley Poduska
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There were 38 tracts of land that sold in Iowa at auction between September 18th and September 24th. During these auctions, there was a total of 4,534 acres available for purchase and of those acres, an average of 87% were tillable.

Iowa Results:
Tracts Sold: 38
Average $/Acre: $12,046
Average $/Tillable: $13,833
Average $/CSR2: $179
Change from Prior Week: +5%
Change from 2022 Q2: -5%

The high $/acre sale of the week went to a Grundy County 200-acre cropland farm, bringing $20,900/acre or $234/CSR2. The high $/CSR2 sale of the week went to a Lyon County farm: 151-acres for $15,500/acre or $240/CSR2.

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

Minnesota Results:
Tracts Sold: 10
Average $/Acre: $7,977
Average $/Tillable: $9,009
Average $/PI: $111

Nebraska Results:
Tracts Sold: 5
Average $/Acre: $7,640
Average $/Tillable: $7,772
Average $/PI: n/a

Sale Date State County Land Type Gross Acres $ Per Acre CSR2
09-20-2022 IA Polk Cropland 75.88 $ 10,550 60.2
09-20-2022 IA Cedar Cropland 80.00 $ 16,050 85.1
09-20-2022 IA Cedar Cropland 80.00 $ 15,100 87.8
09-20-2022 IA Keokuk Cropland 118.00 $ 13,100 80.7
09-20-2022 IA Keokuk Cropland 80.00 $ 13,100 78
09-20-2022 IA Keokuk Cropland 80.00 $ 13,100 83
09-20-2022 IA Ringgold Cropland 57.00 $ 10,750 74.7
09-20-2022 IA Ringgold Cropland 160.00 $ 7,600 45.1
09-20-2022 IA Clay Cropland 81.10 $ 7,200 49.7
09-20-2022 IA Clay Rec 51.80 $ 5,900 59.9
09-20-2022 IA Clay Cropland 80.25 $ 5,900 38
09-20-2022 IA Clay Rec 52.75 $ 5,900 49.3
09-20-2022 IA Cedar Cropland 140.00 $ 13,250 83.8
09-20-2022 NE Lancaster Cropland 80.49 $ 9,550 --
09-20-2022 NE Lancaster Cropland 79.05 $ 7,750 --
09-20-2022 NE Nemaha Cropland 160.00 $ 5,500 --
09-20-2022 NE Nemaha Cropland 40.00 $ 7,550 --
09-20-2022 IA Dickinson Rec 84.08 $ 13,000 --
09-20-2022 IA Louisa Cropland 142.43 $ 8,800 62
09-20-2022 IA Louisa Rec 126.81 $ 5,200 47.1
09-20-2022 IA Louisa Cropland 391.50 $ 8,425 57.7
09-20-2022 IA Dickinson Tillable 105.26 $ 15,000 41.7
09-20-2022 IA Louisa Cropland 114.56 $ 6,400 53.7
09-21-2022 IA Dubuque Cropland 142.15 $ 16,000 79.3
09-21-2022 IA Greene Cropland 200.44 $ 20,900 92.3
09-21-2022 IA Tama Cropland 79.00 $ 14,400 85.5
09-21-2022 IA Madison Cropland 90.52 $ 10,254 70
09-21-2022 IA Madison Cropland 85.25 $ 13,311 76
09-21-2022 MN Kandiyohi Cropland 114.95 $ 6,325 83
09-21-2022 IA Muscatine Cropland 135.37 $ 9,600 80.2
09-21-2022 IA Dubuque Cropland 80.00 $ 16,000 83.3
09-21-2022 IL Winnebago Cropland 89.22 $ 9,000 110.7
09-21-2022 IA Mitchell Cropland 158.00 $ 10,025 57
09-22-2022 MN Freeborn Cropland 154.00 $ 7,750 65.1
09-22-2022 NE Seward CRP 120.00 $ 7,850 --
09-22-2022 IA Floyd Cropland 79.44 $ 14,650 88.2
09-22-2022 IA Carroll Cropland 154.28 $ 15,200 71.7
09-22-2022 MN Mower Cropland 128.50 $ 11,800 85.5
09-22-2022 MN Mower Cropland 111.83 $ 8,500 86.5
09-22-2022 MN Mower Cropland 80.00 $ 7,300 86.8
09-22-2022 MN Mower Cropland 160.00 $ 4,100 80.8
09-22-2022 MN Mower Cropland 153.00 $ 7,300 85.1
09-22-2022 MN Mower Cropland 76.00 $ 9,900 89.2
09-22-2022 MN Mower Cropland 40.00 $ 7,700 70.9
09-22-2022 MN Blue Earth Cropland 129.48 $ 9,098 86.6
09-22-2022 IA Floyd Cropland 69.88 $ 14,400 81.7
09-22-2022 IA Guthrie Cropland 90.00 $ 11,700 70
09-23-2022 IA Mills Cropland 153.00 $ 13,600 82.5
09-23-2022 IA Guthrie Cropland 90.00 $ 11,700 81
09-23-2022 IA Guthrie Cropland 86.15 $ 10,200 68
09-23-2022 IA Guthrie Cropland 217.91 $ 12,800 79
09-23-2022 IA Palo Alto Cropland 250.00 $ 18,200 82.3
09-23-2022 IA Lucas Cropland 151.37 $ 15,500 67.5
09-23-2022 IA Des Moines Cropland 119.40 $ 15,000 89.6
Published in: Land Values