Published on Mar 14, 2022 by Ashley Poduska
20 tracts went up for auction last week, representing 2,067 acres in the Iowa market and bringing an average dollar per acre of $8,913.
Of these tracts, only seven tracts met our criteria of 85% tillable to calculate the $/Tillable and $/CSR2. The average dollar per tillable acre for those that qualified was $14,198, bringing the average dollar per CSR2 to $187. This is down 1% from the prior week's average, but still up 10% from Q4 2021.
The top sale of the week went to a 38 acre, 95.1 CSR2 Sioux County farm, bringing $23,000/acre or $258/CSR2.
| Sale Date | State | County | Land Type | Gross Acres | $ Per Acre | CSR2 |
|---|---|---|---|---|---|---|
| 03/11/2022 | IA | Sac | Tillable | 43.17 | $ 10,100 | 62.4 |
| 03/10/2022 | NE | Hamilton | Tillable | 838.63 | $ 13,850 | -- |
| 03/10/2022 | IA | Fayette | Tillable | 97.49 | 63.2 | |
| 03/10/2022 | IA | Fayette | Tillable | 10.48 | 67.1 | |
| 03/10/2022 | IA | Calhoun | Tillable | 150.00 | $ 12,000 | 74.8 |
| 03/10/2022 | IA | Calhoun | Tillable | 126.98 | $ 11,100 | 70.9 |
| 03/10/2022 | IA | Marshall | Tillable | 158.00 | $ 8,500 | 57.1 |
| 03/10/2022 | AR | Craighead | Housing | 0.38 | $ 1,052,632 | -- |
| 03/10/2022 | NE | Hamilton | Tillable | 161.01 | $ 18,943 | -- |
| 03/09/2022 | IA | Union | Tillable | 78.35 | $ 5,650 | 56.8 |
| 03/09/2022 | IA | Mahaska | Tillable | 183.44 | $ 7,000 | 66.5 |
| 03/09/2022 | IA | Mahaska | Tillable | 235.98 | $ 8,300 | 81.0 |
| 03/09/2022 | IA | Mahaska | Tillable | 107.02 | $ 4,025 | 82.2 |
| 03/09/2022 | IA | Mahaska | Rec | 54.65 | $ 3,400 | 69.0 |
| 03/09/2022 | MN | Polk | Tillable | 34.00 | $ 15,260 | -- |
| 03/09/2022 | MN | Polk | Tillable | 30.00 | $ 6,300 | -- |
| 03/09/2022 | MN | Lyon | Tillable | 148.25 | $ 8,650 | -- |
| 03/09/2022 | MN | Renville | Tillable | 39.75 | $ 13,800 | -- |
| 03/09/2022 | MN | Renville | Tillable | 79.43 | $ 13,800 | -- |
| 03/09/2022 | MN | Renville | Tillable | 150.28 | $ 11,000 | -- |
| 03/09/2022 | IA | Union | Pasture | 35.23 | $ 7,000 | 58.9 |
| 03/09/2022 | IA | Union | Tillable | 40.41 | $ 6,800 | 47.0 |
| 03/08/2022 | MN | Redwood | Tillable | 160.00 | $ 13,075 | -- |
| 03/08/2022 | IA | Fremont | Tillable/CRP | 182.95 | $ 5,750 | 71.3 |
| 03/08/2022 | IA | Jasper | Tillable | 221.87 | $ 12,900 | 71.0 |
| 03/08/2022 | IA | Sioux | Tillable | 38.00 | $ 23,000 | 95.1 |
| 03/07/2022 | IA | Hancock | Tillable | 156.00 | $ 18,500 | 86.0 |
| 03/07/2022 | IA | Clayton | Tillable | 30.41 | $ 7,000 | 59.3 |
| 03/07/2022 | IA | Clayton | Tillable | 37.55 | $ 4,700 | 23.7 |
| 03/07/2022 | IA | Clayton | Tillable | 78.66 | $ 4,700 | 37.1 |