Published on Mar 29, 2022 by Ashley Poduska
The appraisal team tracked 22 auctions in Iowa last week, totalling 2,160 acres. These tracts brought an average dollar per acre of $12,953, average dollar per tillable acre of $14,481 and an average dollar per CSR2 of $180. This price is down 4% from the prior week, while still up 6% from Q4 2021.
The top sale of the week went to a Linn County cropland farm of 35.8 acres bringing $26,250 per acre or $292 per CSR2. This farm was near Cedar Rapids, but the highest and best use is still considered agriculture.
Sale Date | State | County | Land Type | Gross Acres | $ Per Acre | CSR2 |
---|---|---|---|---|---|---|
03/25/2022 | IA | Harrison | Tillable | 79.77 | $ 8,000 | 53.7 |
03/25/2022 | IA | Wayne | Cattle Facility | 5.99 | $ 13,856 | -- |
03/25/2022 | IA | Linn | Tillable | 35.75 | $ 26,250 | 90.1 |
03/25/2022 | IA | Page | Tillable | 80.00 | $ 9,600 | 69.4 |
03/24/2022 | IA | Cedar | Tillable | 77.62 | $ 14,600 | 80.5 |
03/24/2022 | MN | Meeker | Tillable | 38.40 | -- | |
03/24/2022 | MN | Meeker | Tillable | 40.10 | -- | |
03/23/2022 | IA | Sioux | Tillable | 124.50 | $ 22,100 | 93.0 |
03/23/2022 | IA | Union | CRP | 38.88 | $ 7,945 | -- |
03/23/2022 | IA | Mitchell | Tillable | 80.00 | $ 19,900 | 91.9 |
03/23/2022 | IA | Sioux | Tillable | 124.50 | $ 22,100 | 93.0 |
03/22/2022 | WI | St. Croix | Rec/Tillable | 64.92 | $ 5,776 | -- |
03/22/2022 | IA | Woodbury | Tillable | 63.03 | $ 16,750 | 87.9 |
03/22/2022 | IA | Woodbury | Tillable | 13.27 | $ 17,500 | 92.0 |
03/22/2022 | IA | Woodbury | Tillable | 134.95 | $ 15,000 | 92.0 |
03/22/2022 | IA | Marion | Tillable | 155.65 | $ 4,675 | 51.4 |
03/22/2022 | MN | Watonwan | Tillable | 80.90 | $ 13,158 | -- |
03/22/2022 | MN | Watonwan | Tillable | 194.95 | $ 11,200 | -- |
03/22/2022 | SD | Bennett | Tillable | 300.00 | $ 3,400 | -- |
03/22/2022 | WI | St. Croix | Tillable | 69.70 | $ 7,891 | -- |
03/22/2022 | WI | St. Croix | Tillable/Rec | 86.00 | $ 3,314 | -- |
03/22/2022 | WI | St. Croix | Tillable | 73.06 | $ 7,323 | -- |
03/22/2022 | WI | St. Croix | Living/Rec/Tillable | 79.30 | $ 7,062 | -- |
03/22/2022 | WI | St. Croix | Tillable | 47.97 | $ 7,088 | -- |
03/21/2022 | IA | Worth | Tillable | 40.00 | $ 9,450 | 75.7 |
03/21/2022 | IA | Worth | Tillable | 152.67 | $ 8,500 | 84.2 |
03/21/2022 | WI | Sauk | Tillable | 169.30 | $ 10,484 | -- |
03/21/2022 | WI | Sauk | Tillable | 214.62 | $ 8,387 | -- |
03/21/2022 | IA | Harrison | Tillable | 111.00 | $ 7,450 | 57.0 |
03/21/2022 | IA | Harrison | Tillable | 209.50 | $ 12,500 | 66.5 |
03/21/2022 | IA | Harrison | Tillable | 209.50 | $ 12,500 | 66.5 |
03/21/2022 | IA | Harrison | Tillable | 111.00 | $ 7,450 | 57.0 |
03/21/2022 | IA | Worth | Tillable | 40.00 | $ 9,450 | 75.7 |
03/21/2022 | WI | Sauk | Tillable | 69.15 | $ 7,206 | -- |
03/21/2022 | WI | Sauk | Tillable | 61.30 | $ 7,206 | -- |
03/21/2022 | IA | Worth | Tillable | 152.67 | $ 8,500 | 84.2 |