Land Auction Results - October 2022

Published on Nov 2, 2022 by Ashley Poduska

There were 101 tracts of land that sold at auction in October 2022. During these auctions, there was a total of 8,601 acres available for purchase. This volume is down 23% from September 2022, but up 5% from October 2021.

Iowa Results:
Tracts Sold: 101
Acres Sold: 8,601
Average $/Acre: $11,282
Average $/Tillable: $13,763
Average $/CSR2: $174
Change from Last Month: -2%
Change from 2022 Q3: -4%
One Year Change: +5%

The average dollar per CSR2 was $174 which is down 4% from the Quarter 3 average, and down 10% from the peak of $193/CSR2 in May 2022.

The high sale of the month went to a Plymouth County 55.6 acre cropland farm with a CSR2 of 91.7. It sold for $26,250/acre or $296/CSR2.

Peoples Company Auctions:
Listing #16367 - 552.45 Acres M/L in Wayne County, IA
Listing #16418 - 622.84 Acres M/L in Whitman County, WA
Listing #16373 - 200.83 Acres M/L in Carroll County, IA
Listing #16404 - 154.56 Acres M/L in Lucas County, IA
Listing #16392 - 78.50 Acres M/L in Polk County, IA
Listing #16352 - 155.78 Acres M/L in Adair County, IA
Listing #16435 - 637.63 Acres M/L in Appanoose County, IA
Listing #16396 - 431.43 Acres M/L in Clinton County, IA

Click here to view the Iowa Land Values Update for 2022 Quarter 3.

Below is a map of the auction data in Iowa for October 2022.

Below are results for land auctions that occurred in October 2022. These are all agricultural real estate auctions containing greater than 35 acres. Dollar per CSR2 was calculated only for those tracts containing greater than 85% tillable with minimal improvement contribution. Data is presented on a monthly and quarterly basis, and can be found on our website: https://peoplescompany.com/

Sale Date State County Land Type Gross Acres $ Per Acre CSR2
10/29/2022 IA Osceola Cropland 40.03 $ 16,400 84.6
10/28/2022 IA Clinton Cropland 81.98 $ 10,500 64.9
10/28/2022 IA Woodbury Cropland 82.85 $ 9,000 72.8
10/28/2022 IA Woodbury Cropland 72.96 $ 9,300 75.5
10/28/2022 IA Woodbury Cropland 144.37 $ 12,200 69.9
10/28/2022 IA Woodbury Cropland 54.61 $ 14,300 74.9
10/28/2022 IA Clinton Cropland 78.43 $ 9,200 61.2
10/28/2022 IA Clinton Cropland 39.27 $ 9,200 54.3
10/28/2022 IA Clinton Cropland 118.98 $ 9,200 63.4
10/28/2022 IA Clinton Cropland 53.60 $ 9,200 56.8
10/28/2022 IA Clinton Cropland 59.17 $ 11,750 66.8
10/28/2022 IA Appanoose Cropland 9.12 $ 3,850 44.1
10/28/2022 IA Appanoose Cropland 159.82 $ 3,450 35.5
10/28/2022 IA Appanoose Cropland 51.73 $ 4,150 44.9
10/28/2022 IA Appanoose Cropland 80.61 $ 7,450 42.3
10/28/2022 IA Appanoose Cropland 86.82 $ 4,150 34.1
10/28/2022 IA Appanoose Cropland 34.70 $ 4,100 34.1
10/28/2022 IA Appanoose Cropland 54.48 $ 4,200 43.7
10/28/2022 IA Appanoose Cropland 79.77 $ 7,450 48.4
10/28/2022 IA Page Mixed Use 119.00 $ 8,400 --
10/28/2022 IA Page Cropland 77.28 $ 11,100 72.5
10/28/2022 IA Page Cropland 156.04 $ 8,400 70.4
10/28/2022 IA Page Cropland 78.16 $ 13,500 80.0
10/27/2022 IA Buchanan Cropland 36.00 $ 12,100 84.4
10/27/2022 IA Grundy Cropland 45.00 $ 21,800 92.4
10/27/2022 IA Marshall Cropland 155.00 $ 16,500 94.7
10/27/2022 IA Marshall Cropland 156.00 $ 16,500 90.5
10/27/2022 IA Adair Cropland 155.78 $ 8,200 59.5
10/27/2022 IA Cerro Gordo Cropland 110.00 $ 10,475 80.0
10/27/2022 IA Lyon Pasture 55.92 $ 5,100 --
10/27/2022 IA Lyon Cropland 74.47 $ 14,900 89.3
10/27/2022 IA Lyon Cropland 77.59 $ 18,100 92.1
10/27/2022 NE Richardson Cropland 116.69 $ 27,400 91.0
10/27/2022 NE Dodge Cropland 81.05 $ 5,950 --
10/27/2022 NE Dodge Cropland 80.00 $ 10,050 --
10/27/2022 IA Buchanan Cropland 80.00 $ 13,000 87.8
10/27/2022 NE Richardson Cropland 163.07 $ 14,400 89.9
10/27/2022 IA Sioux Ag land 75.22 $ 18,000 94.1
10/27/2022 IA Sioux Ag land 79.87 $ 20,250 94.9
10/27/2022 IA Delaware Cropland 68.00 $ 14,000 84.0
10/26/2022 IA Cass Cropland 52.00 58.4
10/26/2022 IA Dickinson Cropland 162.07 $ 16,350 86.4
10/26/2022 IA Buena Vista Cropland 137.82 $ 19,000 95.0
10/26/2022 IA Polk Cropland/Development 78.50 $ 20,300 86.0
10/26/2022 IA Cass Cropland 168.00 $ 7,500 74.1
10/25/2022 IA Lucas Cropland 100.06 $ 7,025 52.5
10/25/2022 IA Pottawattamie Cropland 35.57 $ 10,700 54.9
10/25/2022 IA Buena Vista Cropland 67.78 $ 11,725 86.8
10/25/2022 IA Buena Vista Pasture 50.46 $ 5,400 68.9
10/25/2022 NE Polk Cropland 80.00 $ 13,650 --
10/25/2022 IA Lucas Cropland 42.00 $ 7,850 36.8
10/25/2022 IA Kossuth Cropland 40.00 $ 17,000 81.9
10/22/2022 MN Steele Rec/Ag 65.50 $ 6,794 69.2
10/21/2022 IA Butler Cropland 185.00 81.3
10/21/2022 IA Carroll Cropland 78.55 $ 16,500 76.3
10/21/2022 IA Carroll Cropland 120.83 $ 16,500 79.4
10/20/2022 IA Iowa Cropland 62.66 $ 10,000 68.1
10/20/2022 IA Calhoun Cropland 114.57 $ 14,100 82.7
10/20/2022 IA Jasper Cropland 139.89 $ 13,100 85.7
10/19/2022 IA OBrien Ag land 43.32 $ 9,100 71.3
10/19/2022 IA Warren Transitional 68.07 $ 19,000 64.1
10/19/2022 IA Boone Cropland 80.00 $ 13,000 79.2
10/19/2022 IA OBrien Ag land 112.46 $ 17,700 93.7
10/18/2022 IA Humboldt Cropland 154.87 $ 10,242 78.8
10/18/2022 IA Sac Cropland 80.00 $ 15,350 83.0
10/18/2022 IA Sac Cropland 80.00 $ 15,350 83.0
10/18/2022 IA Ida Cropland 115.00 $ 16,400 92.8
10/18/2022 IA Ida Cropland 115.00 $ 16,400 92.8
10/18/2022 IA Humboldt Cropland 76.79 $ 14,351 84.0
10/18/2022 WA Whitman Cropland 261.00 $ 2,000 --
10/18/2022 IA Humboldt Cropland 64.79 $ 10,174 79.5
10/18/2022 NE Hall Cropland 158.18 $ 6,000 --
10/18/2022 NE Boone Cropland 160.00 $ 13,000 --
10/18/2022 NE Boone Cropland 148.25 $ 13,535 --
10/18/2022 NE Boone Cropland 143.53 $ 12,170 --
10/18/2022 NE Boone Cropland 200.00 $ 14,100 --
10/18/2022 NE Boone Croplnad 320.00 $ 8,300 --
10/18/2022 WA Whitman Cropland 361.84 $ 2,600 --
10/16/2022 MO Chariton Pasture/Rec 42.00 $ 4,700 66.8
10/16/2022 MO Chariton Pasture/Rec 27.00 $ 5,200 72.1
10/14/2022 IA Buena Vista Cropland 72.63 $ 12,800 79.6
10/14/2022 MN Olmsted Cropland 72.00 $ 9,600 91.4
10/14/2022 MN Olmsted Cropland 79.00 85.0
10/14/2022 MN Olmsted Pasture/Rec 58.00 $ 8,362 74.4
10/14/2022 IA Wayne Site 29.34 --
10/14/2022 IA Wayne Cropland 54.94 $ 6,700 54.3
10/14/2022 IA Wayne Mixed Use 78.91 $ 5,900 56.9
10/14/2022 IA Wayne CRP 45.59 $ 5,900 50.5
10/14/2022 IA Wayne Mixed Use 44.17 $ 4,200 41.4
10/14/2022 IA Wayne Mixed Use 188.37 $ 6,900 72.9
10/14/2022 IA Wayne Pasture 31.13 $ 6,300 --
10/14/2022 IA Wayne Pasture 40.00 $ 4,550 --
10/14/2022 IA Wayne Cropland 40.00 $ 7,500 74.9
10/14/2022 IA Hancock Cropland 57.00 $ 11,800 78.8
10/14/2022 IA Hancock Cropland 56.00 $ 14,200 86.9
10/14/2022 IA Hardin Cropland 119.00 $ 13,000 89.0
10/14/2022 IA Hancock Cropland 57.00 $ 11,800 78.8
10/14/2022 IA Hancock Cropland 56.00 $ 14,200 86.9
10/14/2022 IA Hardin Cropland 119.00 $ 13,000 89.0
10/14/2022 IA Madison Cropland 160.00 $ 6,150 63.6
10/13/2022 IA Pottawattamie Cropland 112.47 $ 15,100 71.3
10/12/2022 IA Pocahontas Cropland 80.00 $ 14,400 83.9
10/11/2022 IA Jefferson Cropland 80.39 $ 12,050 78.5
10/11/2022 IA Cass Cropland 155.00 $ 12,000 81.5
10/11/2022 IA Jefferson Cropland 70.27 $ 13,000 79.3
10/11/2022 IA Ida Cropland 145.46 $ 14,350 89.0
10/10/2022 IA Plymouth Cropland 55.60 $ 26,250 91.7
10/08/2022 IA Plymouth Cropland 240.00 $ 11,100 66.4
10/08/2022 MO Ray Cropland 58.00 $ 10,635 59.3
10/08/2022 MO Ray Cropland 40.00 $ 16,825 53.4
10/08/2022 MO Ray Cropland 122.00 $ 11,180 55.9
10/07/2022 IA Story Cropland 56.00 $ 17,100 85.6
10/07/2022 IA Appanoose Mixed Use 40.00 $ 4,000 37.1
10/07/2022 IA Wright Cropland 210.00 $ 6,200 53.9
10/06/2022 MO Macon Cropland 67.60 $ 5,350 77.8
10/06/2022 MO Macon Mixed Use 102.30 73.3
10/06/2022 IA Poweshiek Cropland 72.35 $ 11,500 71.7
10/05/2022 IA Calhoun Cropland 40.00 $ 18,100 86.3
10/05/2022 IL Marshall Cropland 172.51 $ 13,200 129.3
10/04/2022 IA Appanoose Mixed Use 86.00 $ 4,750 38.9
10/04/2022 IA Appanoose Cropland 21.00 $ 7,500 57.6
10/04/2022 IA Appanoose Cropland 29.00 $ 4,350 32.7
10/04/2022 IA Appanoose Cropland 20.25 $ 7,500 59.5
10/04/2022 IA Appanoose Cropland 59.89 $ 7,650 56.7
10/04/2022 IA Appanoose Cropland 51.00 $ 7,550 57.7
10/04/2022 IA Greene Cropland 156.97 $ 14,100 92.3
10/04/2022 IA Appanoose Cropland 117.00 $ 3,975 45.4
10/03/2022 MO Audrain Cropland 81.30 $ 12,100 69.8
10/03/2022 MO Audrain Cropland 83.20 $ 8,050 67.3
10/03/2022 MO Audrain Cropland 99.70 $ 12,100 69.9
10/03/2022 MO Audrain Cropland 57.60 $ 3,650 71.5