Montgomery County farmland values
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Montgomery County

Location: Southwest Iowa
County Average CSR: 63.5 weighted average, 71 Cropland Average, 78 CSR2 Cropland Average
State Average CSR:
Average Price per CSR2 Point: $79.90
County Size: 424 sq miles
Farmland Acres: 217,317 total acres, 150,876 Cropland acres, 27,322 Woodland acres, 39,119 Other acres

Average Farmland Value (Price Per Acre): $5,937
Average Farmland Value for Southwest Iowa: $6,060
Highest Known Farmland Sale in County:

Average County Rent: $228.00
Rent Range: $180/a to $310/a
Average rent for Southwest Iowa: $228.00
Rent per CSR Point: $2.92 per CSR2
Improved Permanent Pasture: $94.00/a region average
Unimproved Permanent Pasture: $64.00/a
Stalk Grazing per Acre: $8/a region average
Hunting Rights per Acre: $5/a region average

Towns: Colburg, Grant, Stanton, Elliott, Red Oak, Villisca

Unincorporated Areas: Pittsburg

Townships: Lincoln, Sherman, Pilot Grove, Douglas, Garfield, Red Oak, Frankfort, Washington, West, Grant, Scott, East

History: The territory that is now Montgomery County was originally part of the Pottawattamie-Purchase in 1846 and was included in a large county called Pottawattamie in 1847. The General Assembly established the county on January 15, 1851. The county is named in honor of General Richard Montgomery who died at the assault of Quebec in the Revolutionary War. The first county elections were held in April 1853, and around 18 votes were cast. Prior to this the county was attached to Adams County for judicial and financial reasons. These elections were held at the home of Amos G. Lowe, the first county judge. A judge of the Sixth Judicial District appointed commissioners to select the county seat of Montgomery County. They selected a site nearest to the center of the county and named it Frankfort, in honor of Frankfort, Kentucky, the judge's hometown. The first county courthouse was built in Frankfort in 1857. It was a simple wooden-frame structure that covered an area 20-foot x 40-foot and was built at a cost of $1,141.50 to the county. After a contest between Frankfort and Red Oak for the county seat, in which Frankfort lost by only six votes, this courthouse was moved. It was hitched to a team of oxen and towed to Red Oak in the winter of 1865. A blizzard came up, and the men had to abandon the building in favor of shelter. When they retued they had "lost" the courthouse in the snow. It was eventually found, but the "lost courthouse" was a great joke in Montgomery County for many years. Even after a second story was added to the old courthouse, it was still not large enough for the growing county needs. Two attempts to build a new courthouse failed. The first one was in 1873, and the second was in 1883. Finally, on the third try, the people approved the building of a new courthouse by a narrow margin in the summer of 1889. The second, and current, courthouse was built in 1890. The contractor failed to complete the building, and after much litigation, the county was found not responsible for the cost of completing the courthouse. When the building was finished, it only cost the county $69,000. At the dedication on the Fourth of July, conservative estimates put the number of visitors present at 10,000. The nearly fireproof structure is made of sandstone and red brick. It is 91-foot x 72-foot and is 60 feet high, the clock tower extends another 40 feet. This clock tower was a gift of the Red Oak Monday Club. Since 1890 the courthouse has become the centerpiece of Red Oak and Montgomery County. On July 2, 1981, the Montgomery County Courthouse was entered in the National Register of Historic Places. A brief ceremony and an open house were held. 1984 saw the completion of the elevator to assist the handicapped and elderly with access to all levels of the courthouse. The elevator reduced the double stairway leading to the second and third floors and the basement to a single stairway. The project also included a new entrance on the south side of the building.

Additional Information: Lea more on the Montgomery County Iowa website.

Information updated as of 12/20/2016. Compiled from sources including Iowa State University, Montgomery County Extension Office, Montgomery County courthouse records at Red Oak, Surety Maps, Wikipedia, Iowa Department of Transportation and USDA. An attempt has been made to verify information but it is not guaranteed to be accurate. Confirm all information that you must rely for decision making purposes.

Iowa Farmland Prices Montgomery County

All farmland values are stated as averages and are not a guarantee of value in any given situation.  If you need a written farmland appraisal you should call us to discuss how we can help you.  Farmland prices can change quickly and some information on this website can be up to 12 months old depending on when you view it.  

Farmland Sales Resources for Montgomery County Iowa

You can find Farmland For Sale in Montgomery County Iowa at www.DreamDirt.com.  Need the advice of a qualified farmland professional?  Our professional staff of Iowa auctioneers and land brokers at DreamDirt would be happy to visit with you about your situation and help guide you through the process of making an informed decision about selling farmland.  Want to continue your research?  You can find a wealth of information on our Farmland Sales Blog

Estate Attorneys in Montgomery County Iowa

If you are searching for an estate attorney to help you with legal work of an estate in Iowa you can search for Estate Attorneys in Montgomery County on the Find an Iowa Estate Lawyer website by the Iowa Bar Association.

Have a question for a farmland sales expert?

Auctioneers Montgomery county iowaMontgomery County Iowa Farmland Sales & Auctions

Jason J. Smith, CAI

Land Broker | Auctioneer | Appraiser

(712)592-8965 Jason@DreamDirt.com

Licensed to sell real estate in Iowa and Nebraska

Jason is the Iowa and Nebraska real estate broker for DreamDirt.  With vast experience as an agricultural auctioneer and land broker Jason can help you evaluate and appraise farmland, farm estates, 1031 exchange, farm retirements and liquidation of agricultural assets by private sale or public auction.


farmland-auctioneer-real-estate-broker montgomery county iowaMontgomery County Iowa Auctioneer

Chad Bals

Land Broker | Auctioneer 

(641)745-9587 Chad@DreamDirt.com

Chad is a land specialist with expertise in row crop and recreational land in southwest Iowa.  Chad can help you with farm retirements, farmland sales, 1031 Exchanges, appraisals and personal property auctions.