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    Recent Sales in This County

    • 6/27/17 36.43 Acres $4,950 55.7 CSR2 36.34 Tillable $88.87 per CSR2 Point
    • 6/27/17 38 Acres $8,300 80.5 CSR2 37 Tillable $103.11 per CSR2 Point
    • 11/30/17 100.28 Acres $7,500 78 CSR2 92 Tillable Acres $96.15 per CSR2 Point
    • 11/30/17 136.59 Acres $5,250 68.5 CSR2 107.18 Tillable Acres $76.64 per CSR2 Point
    • 12/5/17 128.94 Acres $7,500 77.2 CSR2 115.69 Tillable Acres $97.15 per CSR2 Point
    • 1/29/18 156.25 Acres $5,100 70 CSR2 125.57 Tillable Acres $72.86 per CSR2 Point
    • 1/29/18 156.5 Acres $4,550 71.3 CSR2 129.41 Tillable Acres $63.81 per CSR2 Point
    • 2/24/18 158 Acres $3,600 67.2 CSR2 104.6 Tillable Acres $53.57 per CSR2 Point
    • 9/24/19 - 145.78 Acres, 121.17 Tillable Acres, CSR2 77.5; $5,200/acre
    • 9/25/19 - 39 Acres; 11.70 Tillable Acres; CSR2 47.8; $3,450/acre
    • 9/25/19 - 60 Acres; 37.80 Tillable Acres; CSR2 61.7; $3,400/acre
    • 9/10/19 - 98.09 Acres, 95.33 Tillable Acres, 89.5CSR2, $9,700/acre

    Location: Southwest Iowa
    County Average CSR2:
    CSR2 Weighted Average: 70.3 CSR2 Cropland Average: 78

    State Average CSR2: 68.6
    Average Price per CSR2 Point: $77.46
    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):
    Average Farmland Value for Southwest Iowa:
    Highest Known Farmland Sale in County:

    Average County Rent: $216.00
    Rent Range: $187-$242
    Average rent for Southwest Iowa:
    Rent per CSR Point:

    Improved Permanent Pasture:
    $80.00/a Regional Average
    Unimproved Permanent Pasture: $64.00/a Regional Average
    Stalk Grazing per Acre:
    $9.00/a Regional Average
    Hunting Rights per Acre:
    $12.00/a Regional 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: Learn more on the Montgomery County Iowa website.

    Jason J. Smith, CAI

    Land Broker, Auctioneer, Appraiser
    Jason Smith
    Montgomery County
    Iowa Farmland Sales

    (515) 537-6633

    Licensed to sell real estate in the state of Iowa

    Get a cash offer to buy your farm

    Get a Fast Offer

    Information updated as of 2/1/2021. 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 for Montogmery County 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 at 855-376-3478 to discuss how we can help you, or use our Iowa Farmland Value Calculator.  Farmland prices can change quickly and some information on this website can be up to 12 months old depending on when you view it.  All sale results are dated so you can see the date of the sale however averages are calculated in December of each year and are based on a September to September study.

    Farmland Sales Resources for Montgomery County Iowa

    You can find Farmland For Sale in Montgomery County Iowa at  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.