Peoples Perspective

Weekly Auction Results: 10/9/22-10/15/22

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There were 24 tracts of land that sold at auction between October 9th and October 15th in Iowa. During these auctions, there was a total of 1,948 acres available for purchase with an average of 87% tillable acres. Iowa Results: Tracts Sold: 24 Average $/Acre: $10,959 Average $/Tillable:...

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Weekly Auction Results: 10/2/22-10/8/22

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There were 14 tracts of land that sold at auction between October 2nd and October 8th in Iowa. During these auctions, there was a total of 1,199 acres available for purchase with an average of 86% tillable acres. Iowa Results: Tracts Sold: 14 Average $/Acre: $8,955 Average $/Tillable:...

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Iowa Land Values Update - 2022 Quarter 3

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Peoples Company tracks agricultural auctions across the state of Iowa. From this data, we calculate the average dollar per CSR2 point ($/CSR2) for sales of tracts with greater than 85% tillable land. Additionally, these tracts are largely unimproved or include minimal improvement...

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Land Auction Results - September 2022

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Iowa saw 100 tracts sell in September – that’s up a few from August’s 94 tracts, but down significantly from September 2021 when we saw 166 tracts hit the market.  The average dollar per acre was $12,383, with an average dollar per tillable acre of $14,107 bringing the...

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

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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:...

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Land Investment Monthly - October 2022

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Photo Credit: Gil Gullickson   RLI Iowa Chapter Announces Results of September 2022 Land Trends and Values Survey The results of the September survey show a 2.8% increase on a statewide average for the March 2022 to September 2022 time period. This is following the September 2021...

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RLI Iowa Chapter Announces Results of September 2022 Land Trends and Values Survey

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The REALTORS® Land Institute - Iowa Chapter announced the results of our September 2022 Land Trends and Values Survey. Participants in the survey are specialists in farmland and are asked for their opinions about the current status of the Iowa farmland market. Survey participants were also...

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

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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...

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What Does the Change in Cost of Capital Mean for Farmland?

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Reports of high inflation continue to saturate the news, and the effects of the past three years’ monetary actions and supply chain interruptions have resulted in extreme economic uncertainty. The impacts in the food production channels in particular have resonated with tighter supplies,...

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Land Mix: The Appraiser's Puzzle

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A 10-piece puzzle is simple to look at and complete, whereas you look at 1,000 piece puzzle and you wonder, where do I start? No two puzzles are the same, nor are two farms identical. The difference in many cases is the land mix. If the farm is in a market area where land can vary significantly...

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