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Weekly Auction Results: 9/25/22-10/1/22

October 3, 2022 - Ashley Poduska
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There were 22 tracts of land that sold at auction between September 25th and October 1st in Iowa. During these auctions, there was a total of 1,900 acres available for purchase with an average of 90% tillable acres.

Iowa Results:
Tracts Sold: 22
Average $/Acre: $15,066
Average $/Tillable: $15,682
Average $/CSR2: $198
Change from Prior Week: +10%
Change from 2022 Q2: +5%

The high sale of the week went to a Peoples Company auction in Greene County, selling an 80-acre cropland farm with a CSR2 of 84.3 for $20,600 or $256/CSR2.

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

Minnesota Results:
Tracts Sold: 3
Average $/Acre: n/a
Average $/Tillable: n/a
Average $/PI: n/a

Missouri Results:
Tracts Sold: 2
Average $/Acre: n/a
Average $/Tillable: n/a
Average $/PI: n/a

South Dakota Results:
Tracts Sold: 3
Average $/Acre: n/a
Average $/Tillable: n/a
Average $/PI: n/a

Sale Date State County Land Type Gross Acres $ Per Acre CSR2
09-27-2022 PA Warren Cropland 71.27 $ 13,500 --
09-27-2022 PA Warren Cropland 32.96 $ 13,000 83
09-28-2022 IA Emmet Cropland 66.17 $ 14,100 72.7
09-28-2022 IA Crawford Cropland 75.75 $ 16,700 87.5
09-28-2022 IA Crawford Cropland 36.07 $ 16,500 82.1
09-28-2022 WV Fayette Cropland 190.46 $ 14,200 73.5
09-28-2022 WV Fayette Cropland 58.10 $ 14,500 77.7
09-28-2022 NE Boone Rural Estate 10.00 $ 38,500 67
09-28-2022 NE Boone Cropland 47.00 $ 11,500 66.7
09-29-2022 IA Jackson Cropland 72.50 $ 18,500 91
09-29-2022 IA Fremont Cropland 80.00 $ 20,600 84.3
09-29-2022 IA Pottawattamie Cropland 115.20 $ 9,100 59.5
09-29-2022 IA Monroe Cropland 156.00 $ 13,750 87.3
09-29-2022 IA Clay Cropland 73.08 $ 11,100 55.3
09-29-2022 IA Pottawattamie Cropland 74.82 $ 9,000 66
09-29-2022 IA Wright Cropland 160.00 $ 16,000 84.6
09-30-2022 MN Faribault Rec 90.00 $ 1,856 --
09-30-2022 IA Warren Mixed Use 41.07 $ 16,200 64.8
09-30-2022 IA Lee Cropland 98.10 $ 20,200 92.3
09-30-2022 IA Calhoun Cropland 96.65 $ 17,300 82.5
09-30-2022 IA Greene Cropland 76.09 $ 16,100 77.2
09-30-2022 IA Warren Cropland 103.56 $ 11,700 73
09-30-2022 IA Warren Mixed Use 40.95 $ 16,200 52.9
09-30-2022 IA Lee Cropland 103.86 $ 15,500 84.1
09-30-2022 IA Lee Cropland 76.83 $ 17,700 89.9
09-30-2022 MN Faribault Cropland 138.60 $ 10,823 91.2
09-30-2022 MN Faribault Cropland 75.18 $ 10,442 94.3
Published in: Land Values