The appraisal team at Peoples Company was able to track 28 tracts or 2,007 acres sold at public auction in Iowa during May 2025. The average dollar per acre was $9,289, the average dollar per tillable acre was $11,895, and the average dollar per CSR2 was $160.

The appraisal team at Peoples Company was able to track 69 tracts or 6,511 acres sold at public auction in Iowa during April 2025. The average dollar per acre was $12,136, the average dollar per tillable acre was $15,979, and the average dollar per CSR2 was $185.

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 contribution.

Midwest farmland values have long been a barometer of agricultural health, yet they are traditionally insulated from significant fluctuation caused by government policies or shifts in the general economy. As we move into 2025, many people believe that two government policies—tariffs and the recently enacted American Relief Act—are poised to influence these values in the near term. Here’s a quick look at how they might play out.

The appraisal team at Peoples Company was able to track 50 tracts or 4,981 acres sold at public auction in Iowa during March 2025. The average dollar per acre was $12,597, the average dollar per tillable acre was $13,722, and the average dollar per CSR2 was $176.

Peoples Company, a national leader in land brokerage, agricultural appraisal, land and energy management, crop insurance, and capital markets, received top land auction honors at the REALTORS® Land Institute’s APEX Award ceremony in Tucson, Arizona on Tuesday, March 18, 2025. The APEX Awards, held in conjunction with The Land Report, is a top annual awards program designed to recognize excellence and performance of land sale professionals.

The appraisal team at Peoples Company was able to track 65 tracts or 7,510 acres sold at public auction in Iowa during February 2025. The average dollar per acre was $12,178, the average dollar per tillable acre was $13,263, and the average dollar per CSR2 was $171.

The appraisal team at Peoples Company was able to track 76 tracts or 6,614 acres sold at public auction in Iowa during January 2025. The average dollar per acre was $11,295, the average dollar per tillable acre was $13,808, and the average dollar per CSR2 was $180.

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 contribution.

The appraisal team at Peoples Company was able to track 90 tracts or 8,791 acres sold at public auction in Iowa during December 2024. The average dollar per acre was $11,076, the average dollar per tillable acre was $12,329, and the average dollar per CSR2 was $175.