Published on Apr 14, 2017 by Peoples Company
PRICE/ACRE UPDATE
There were 7+ tracts of land sold at auction between April 1st and April 6th. During these auctions, there was a total of 672 +/- acres available for purchase and of those acres, 569 +/- were tillable acres. The Price/Acre ranges from $5,100/acre for a tillable and pasture tract in West-Central Iowa to $8,500/acre for a tillable tract in Central Iowa. The supply of high quality farms that are available for purchase at this time is very slim. Our records indicate that there is less than one high quality farm for sale per county in Iowa.
A few of the highlights from last week:
Check back next week for continued conversation on the auctions we’re seeing from around the state and be sure to take a look at our March Auction Results. Please make sure and hit the “like” button on Facebook and follow us on Twitter @PeoplesCompany.
Thank You!