Iowa Land Auction Results and Prices Week 8 2018

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Iowa Land Auction Results and Prices Week 8 2018

Farmland Average Price per CSR2 Point in Iowa

Farmland prices in Iowa for week 8 measure the farmland auction results for Feb 16 to 22.  During this week 1679 acres in 15 parcels with at least 80% tillable acres were sold at auction bringing the total acres sold this year to 11,059 acres.  This week the average price per CSR2 point was $109.12 which brings our Year to Date averages to $98.03 for the year.iowa farmland appraisers

Average Price per Acre of Farmland in Iowa

This week $15,670,456 dollars traded hands at auction.  The average price of an acre of farmland was $9293 per acre this week.  Of the 8 weeks measured so far this year this was the highest week and it brought our year to date average farmland per acre price to $7526 per acre.  This week also marked a week of high quality farm sales.  The average CSR of the parcels sold was 84.37.  3 of the farms breaking the 90 CSR2 barrier and 9 of the parcels in the 80’s and mostly high 80’s.  Only 3 parcels were below 80 CSR2 and the lowest was 67 which puts every parcel in the high quality category.  Quality wise thats as good of a week as you will see in Iowa farmland sales. price per acre of farmland average for iowa

Highest Selling Farm in Iowa this week

Plymouth County Iowa takes the top spot this week for the highest selling farm in Iowa.  This 82.5 CSR farm was not the highest quality farm sold for the week, in fact it was in the bottom half of CSR2 ratings but with the quality that sold this week thats not saying much.  At $11,900 per acre this 100% tillable farm fetched $144.24 per CSR2 point.  Another parcel on the same auction with 90.81% tillable acres came in 3rd place for the week at $130.91 per CSR2 point.  Story County had a notable farmland auction with 2 tracts coming in 2nd and 4th highest for the week at $132.32 and $128.23 for the week.

Iowa Farmland Auction Price Results

County Total Acres Tillable Acres Price Per Tillable CSR2 $ per Tillable CSR2 Total Price % Tillable
Plymouth 75.04 75.04 $11900 82.5 $144.24 $892,976.00 100.00
Plymouth 80 72.65 $10,800.00 82.5 $130.91 $784,620.00 90.81
Howard 160 155.7 $10,201.00 85.4 $119.45 $1,588,295.70 97.31
Howard 129 126.7 $9,343.00 87 $107.39 $1,183,758.10 98.22
Howard 126 120.77 $9,595.00 87.4 $109.78 $1,158,788.15 95.85
Union 77 68 $4,225.00 67 $63.06 $287,300.00 88.31
Story 313 300.5 $11,300.00 85.4 $132.32 $3,395,650.00 96.01
Story 145 146.8 $11,400.00 88.9 $128.23 $1,673,520.00 101.24
Sioux 81 78.12 $11,016.00 92.1 $119.61 $860,569.92 96.44
Fremont 155.25 153.38 $8,100.00 92 $88.04 $,1242,378.00 98.80
Buena Vista 73 71 $10,625.00 95.4 $111.37 $754,375.00 97.26
Buena Vista 80 78.5 $8,400.00 83 $101.20 $659,400.00 98.13
Buena Vista 75.6 75.3 $4,925.00 74.1 $66.46 $370,852.50 99.60
Buena Vista 69.2 56 $7,525.00 75.6 $99.54 $421,400.00 80.92
Fayette 40 39.46 $10,050.00 87.24 $115.20 $396,573.00 98.65
STATEWIDE AVERAGE $9293.67 84.37 $109.12
TOTALS 1679.09 1617.92 $1,5670,456.37

View our Iowa Farmland Map with Current Farmland Prices in All 99 Iowa Counties

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Featured Iowa Land Auction

We have a busy week this week!  First we will be exhibiting at the Iowa Deer Classic in Des Moines Iowa March 2-4 and immediately following we will be selling this farm in Monroe County near Albia on March 8th.  This farm is a pasture and hunting farm with better than average hunting opportunities plus a newer metal building and 40 foot 5th wheel camper that can be used as your hunting lodge.  You can find all the details at www.DreamDirt.com