Land Auction Results - December 2022

Published on Jan 4, 2023 by Ashley Poduska

Iowa had strong auction activity in December, with 13,356 acres selling in 127 tracts. This volume was down 11% from December 2021, but was in the top three months of 2022, surpassed only by November (14,529 acres) and June (18,559 acres). The average dollar per CSR2 was $185, which is up 5% from Q3’s average of $181, and up 5% from December 2021.

Iowa Results:
Tracts Sold: 127
Acres Sold: 13,356
Average $/Acre: $12,209
Average $/Tillable: $14,625
Average $/CSR2: $185
Change from Last Month: +0.5%
Change from 2022 Q3: +5%
One Year Change: +5%

The high dollar-per-acre auction for the month was a Sioux County 73.37-acre cropland farm, selling for $24,000/acre or $261/CSR2. The high dollar-per-CSR2 sale went to a Lyon County 80-acre cropland farm that sold for $23,450/acre or $356/CSR2.

Peoples Company Auctions:
Listing #16521 - 224.38 Acres M/L in Buchanan County, IA
Listing #16505 - 320.26 Acres M/L in Emmet County, IA
Listing #16487 - 1,286.40 Acres M/L in Fremont County, IA
Listing #16494 - 73.66 Acres M/L in Adair County, IA
Listing #16507 - 120 Acres M/L in Greene County, IA
Listing #16518 - 167.04 Acres M/L in Calhoun County, IA

Click HERE to view the Iowa Land Values Update for 2022 Quarter 4.

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

Below are results for land auctions that occurred in December 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
12/30/2022 IA Madison Cropland 40.00 $ 16,050 90.9
12/30/2022 IA Poweshiek CRP 80.00 $ 6,650 47.6
12/30/2022 IA Iowa Cropland 25.66 $ 10,900 77.7
12/30/2022 IA Iowa Cropland 86.55 $ 13,200 79.4
12/30/2022 IA Iowa Cropland 79.58 $ 15,100 87.2
12/30/2022 IA Keokuk Pasture/Hay 80.00 $ 7,300 58.6
12/30/2022 IA Keokuk Cropland 48.62 $ 12,100 73.5
12/30/2022 IA Keokuk Cropland 141.58 $ 7,600 58.7
12/30/2022 IA Hardin Cropland/CRP 144.00 $ 9,000 78.1
12/30/2022 IA Hardin Cropland/CRP 116.00 $ 12,200 86.9
12/30/2022 IA Hardin Cropland 79.00 $ 15,300 86.2
12/30/2022 IA Keokuk Cropland 160.00 $ 9,800 63.1
12/30/2022 IA Dallas Pasture/Rec 301.96 $ 5,675 54.8
12/30/2022 IA Madison Cropland 174.88 $ 8,225 54.5
12/30/2022 IA Adair Cropland 74.18 $ 9,700 74.3
12/30/2022 IA Madison Cropland 40.00 $ 12,575 66.9
12/30/2022 IA Madison Cropland 79.81 $ 12,625 86.1
12/30/2022 IA Madison Cropland 79.92 $ 13,000 86.1
12/30/2022 IA Madison Cropland 40.00 $ 14,025 84.3
12/29/2022 IA Monona Cropland 240.00 $ 7,600 43.9
12/29/2022 IA Harrison Ag land 80.00 $ 5,000 52.5
12/28/2022 IA Hardin Cropland 138.00 $ 14,100 84.7
12/28/2022 IA OBrien Ag land 130.00 $ 10,300 88.6
12/28/2022 IA Mahaska Cropland 156.92 $ 11,550 73.4
12/28/2022 IA Mahaska Cropland 138.67 $ 14,200 82.3
12/28/2022 IA Mahaska Cropland 158.97 $ 14,100 83.0
12/28/2022 IA Mahaska Cropland 159.57 $ 11,550 73.6
12/28/2022 IA Hardin Pasture 38.00 $ 4,700 67.3
12/28/2022 IA Hardin Cropland 52.00 $ 15,100 85.0
12/28/2022 IA Cerro Gordo Cropland 90.00 $ 6,900 62.6
12/21/2022 IA Calhoun Acreage 4.07 --
12/21/2022 IA Calhoun Cropland 162.94 $ 9,500 67.8
12/21/2022 MN Redwood Cropland 51.39 $ 11,600 80.2
12/21/2022 MN Redwood Cropland 80.00 $ 11,800 80.2
12/21/2022 MN Redwood Cropland 80.00 $ 11,550 80.2
12/21/2022 MN Redwood Cropland 160.00 $ 11,000 80.2
12/21/2022 IA OBrien Ag land 112.40 $ 15,500 92.9
12/20/2022 MN Renville Cropland 60.21 $ 11,050 86.9
12/20/2022 IL Henry Ag land 9.00 $ 20,501 --
12/20/2022 IL Henry Ag land 38.00 $ 20,501 140.8
12/20/2022 IL Grundy Ag land 78.11 $ 16,200 138.0
12/20/2022 IA OBrien Ag land 119.28 $ 10,500 89.9
12/20/2022 IA Mahaska Row Crop 46.51 $ 15,800 77.4
12/20/2022 IA Wright Cropland 38.00 $ 3,800 47.6
12/20/2022 IA Wright Cropland 56.00 $ 6,000 54.6
12/20/2022 IA Wright Cropland 28.00 54.3
12/19/2022 MO Ray Cropland 105.00 $ 19,100 50.9
12/19/2022 MN Yellow Medicine Cropland 60.00 $ 9,750 95.5
12/16/2022 IA Adair Cropland 73.66 $ 6,900 59.4
12/16/2022 IA Benton Cropland 76.00 $ 21,300 94.8
12/16/2022 IA Woodbury Cropland/CRP 307.56 $ 6,000 59.4
12/16/2022 IA Greene Cropland 120.00 $ 16,500 87.3
12/15/2022 NE Fillmore Cropland 182.82 $ 5,750 --
12/15/2022 IA Des Moines Mixed Use 87.44 $ 12,600 --
12/15/2022 MO Atchison Cropland 461.00 $ 7,500 --
12/15/2022 MO Atchison Cropland 261.00 $ 8,600 --
12/15/2022 NE Cass Cropland 130.00 $ 11,692 --
12/15/2022 NE Keith Cropland 320.28 $ 1,100 --
12/15/2022 NE Keith Cropland 285.16 $ 5,850 --
12/15/2022 IA Sioux Cropland 40.01 $ 15,750 68.1
12/15/2022 IA OBrien Cropland 155.18 $ 16,100 92.7
12/15/2022 IA Fremont Cropland 157.75 $ 10,800 80.5
12/15/2022 IA Fremont Cropland 39.74 $ 15,800 83.7
12/15/2022 IA Fremont Cropland 52.65 $ 5,400 66.1
12/15/2022 IA Fremont Cropland 145.50 $ 11,400 71.7
12/15/2022 IA Fremont Cropland 61.43 $ 5,400 73.8
12/15/2022 IA Fremont Cropland 302.96 $ 7,000 73.6
12/15/2022 IA Fremont Cropland 502.64 $ 7,800 75.5
12/15/2022 IA Dickinson Ag land 85.49 $ 13,500 84.0
12/15/2022 IA Dickinson Ag land 40.00 $ 13,400 83.6
12/15/2022 IA Dickinson Ag land 85.47 $ 13,100 86.7
12/15/2022 IA Floyd Cropland 71.24 $ 14,100 83.7
12/15/2022 IA Floyd Cropland 103.60 $ 14,800 95.7
12/15/2022 IA Louisa Mixed Use 76.63 $ 5,400 --
12/15/2022 IA Louisa Mixed Use 328.01 $ 7,800 --
12/14/2022 IA Chickasaw Cropland 76.00 $ 9,000 72.8
12/14/2022 NE Clay Irrigated Cropland 162.00 $ 13,200 68.5
12/14/2022 NE Clay Cropland 80.00 $ 9,600 66.8
12/14/2022 MN Freeborn Cropland 148.83 $ 8,450 70.8
12/14/2022 MN Goodhue Cropland 152.06 $ 11,250 88.0
12/14/2022 MN Jackson Cropland 173.56 $ 10,650 86.9
12/14/2022 IA Boone Cropland 80.00 $ 14,000 85.2
12/14/2022 IA Chickasaw Cropland 72.46 $ 13,400 74.7
12/14/2022 IA Chickasaw Cropland 38.00 $ 16,000 83.9
12/14/2022 IA Sac Cropland 60.00 $ 16,700 88.1
12/14/2022 IA Sioux Cropland 80.93 $ 15,200 87.8
12/14/2022 IA Plymouth Cropland 79.53 $ 21,000 86.8
12/14/2022 IA Palo Alto Cropland 154.00 $ 14,700 81.3
12/14/2022 IA Emmet Cropland 320.26 $ 13,500 84.1
12/14/2022 IA Dickinson Ag land 80.00 $ 15,100 81.6
12/14/2022 IA Butler Cropland 78.07 52.8
12/14/2022 IA Butler Cropland 77.07 52.0
12/14/2022 IA Butler Cropland 40.00 50.2
12/13/2022 NE Hamilton Cropland 71.18 $ 13,075 --
12/13/2022 IA Hamilton Cropland 120.00 $ 10,400 85.0
12/13/2022 IA Hamilton Cropland 200.00 $ 13,600 78.3
12/13/2022 IA Ringgold Cropland 155.98 $ 5,300 47.0
12/12/2022 IA Lyon Cropland 77.42 $ 13,700 62.6
12/10/2022 IA Sioux Cropland 79.84 $ 18,400 89.7
12/10/2022 IA Sioux Cropland 63.36 $ 11,500 82.2
12/09/2022 IA Sac Cropland 83.49 $ 8,600 73.1
12/09/2022 IA Clinton Cropland 49.70 $ 16,500 83.3
12/09/2022 IA Polk Cropland 157.00 $ 12,700 75.8
12/09/2022 IA Franklin Cropland 80.00 $ 15,300 87.2
12/09/2022 IA OBrien Ag land 80.00 $ 20,600 98.1
12/09/2022 NE Dixon Cropland 115.00 $ 7,100 68.5
12/09/2022 NE Dixon Cropland 35.00 $ 8,800 68.5
12/09/2022 IA OBrien Ag land 78.00 $ 20,600 96.2
12/09/2022 IA Lyon Cropland 79.89 $ 21,000 67.1
12/09/2022 MN Faribault Cropland 59.80 $ 11,456 92.7
12/09/2022 NE Dakota Cropland 152.00 $ 7,200 49.0
12/09/2022 IA Sac Cropland 52.04 $ 9,600 73.3
12/08/2022 IA Warren Cropland 151.86 $ 11,200 63.2
12/08/2022 MN Jackson Ag land 83.66 $ 13,500 91.5
12/08/2022 MN Watonwan Cropland 112.60 $ 12,850 92.0
12/08/2022 MN Watonwan Cropland 76.97 $ 13,000 94.2
12/08/2022 MN Faribault Cropland 80.00 $ 1,100 93.0
12/08/2022 IA Sioux Cropland 73.37 $ 24,000 96.3
12/08/2022 IA OBrien Cropland 156.40 $ 16,300 90.1
12/08/2022 IA Lyon Cropland 80.00 $ 12,500 67.8
12/08/2022 IA Warren Cropland 30.00 $ 13,900 55.1
12/08/2022 IA Warren Cropland 47.80 $ 13,900 78.0
12/08/2022 IA Cedar Pasture 35.58 $ 10,100 44.0
12/08/2022 IA Cedar Cropland/Pasture 225.00 $ 6,600 67.9
12/08/2022 IA Cedar Cropland 64.30 80.1
12/08/2022 IA Cedar Cropland/Pasture 122.53 $ 7,200 60.9
12/08/2022 IA Cedar Cropland 136.32 83.4
12/08/2022 IA Cedar Cropland 176.25 83.3
12/08/2022 IA Cedar Cropland 153.65 81.2
12/08/2022 IA Marshall Cropland 80.00 $ 16,600 92.3
12/08/2022 IA Marshall Cropland 40.00 $ 13,500 87.7
12/08/2022 IA Hardin Cropland 80.00 $ 15,100 79.9
12/07/2022 IA Washington CRP/Rec 126.39 $ 6,000 --
12/07/2022 IA Jefferson Cropland 43.80 $ 9,625 60.6
12/07/2022 IA Washington CRP 74.80 $ 8,475 60.0
12/07/2022 IA Washington CRP 79.07 $ 10,925 56.2
12/07/2022 IA Jefferson Cropland/Rec 60.62 $ 5,100 43.6
12/07/2022 IA Henry Cropland 41.52 $ 7,025 52.1
12/07/2022 IA Lyon Cropland 80.00 $ 21,358 67.1
12/07/2022 MN Cottonwood Cropland 40.00 $ 11,800 94.4
12/07/2022 MN Le Sueur Cropland/CRP 108.20 $ 6,238 81.5
12/07/2022 IA Jones Cropland 136.26 $ 13,599 81.5
12/07/2022 IA Jones Cropland 150.00 $ 10,200 53.0
12/07/2022 MO Randolph Cropland 31.00 $ 7,200 59.4
12/07/2022 MO Audrain Cropland 41.00 $ 11,100 73.4
12/07/2022 MO Audrain Cropland 41.00 $ 11,100 73.9
12/07/2022 IA Jones Cropland 95.65 $ 9,300 61.6
12/07/2022 IA Hamilton Cropland 61.00 $ 16,000 80.5
12/07/2022 IA Webster Cropland 33.00 $ 13,200 86.7
12/07/2022 IA Buchanan Cropland 140.00 $ 9,350 70.2
12/07/2022 IA Buchanan Cropland 44.00 $ 11,900 79.4
12/07/2022 IA Buchanan Cropland 39.60 $ 9,400 65.5
12/07/2022 IA Lyon Cropland 80.00 $ 21,700 67.4
12/07/2022 IA Lyon Cropland 80.00 $ 23,450 67.7
12/06/2022 MO Pettis Cropland 87.00 $ 5,850 --
12/06/2022 WI Sauk Rec 15.86 $ 8,000 --
12/06/2022 WI Sauk Cropland 78.96 $ 7,700 --
12/06/2022 WI Sauk Cropland 114.65 $ 7,600 81.5
12/06/2022 NE Platte Cropland 196.00 $ 15,900 --
12/06/2022 NE Madison Cropland 160.00 $ 11,800 --
12/06/2022 MO Pettis Cropland 94.00 $ 6,050 --
12/06/2022 IA Montgomery Cropland 68.92 $ 6,600 64.5
12/06/2022 IA Tama Cropland 117.06 $ 13,900 80.8
12/06/2022 IA Muscatine Cropland 80.36 $ 14,200 89.7
12/06/2022 IA Muscatine Cropland 78.77 $ 13,400 83.7
12/06/2022 IA Muscatine Cropland 72.90 $ 6,600 79.4
12/06/2022 IA Muscatine CRP 79.28 $ 6,700 82.6
12/06/2022 IA Montgomery Cropland 79.00 $ 7,100 76.5
12/06/2022 IA Montgomery Cropland 76.56 $ 13,600 76.5
12/06/2022 IA Montgomery Cropland 79.00 $ 12,900 76.5
12/06/2022 IA Montgomery Cropland 119.00 $ 12,600 81.7
12/06/2022 IA Benton Cropland 156.00 $ 11,100 88.5
12/05/2022 MN Watonwan Cropland 160.00 $ 8,950 88.9
12/02/2022 IA Adair Cropland 77.67 $ 7,700 64.8
12/02/2022 IA Adair Cropland 80.00 $ 7,800 53.6
12/02/2022 IA Osceola Cropland 80.17 $ 15,400 85.4
12/02/2022 IA Story Cropland 93.00 $ 15,200 88.5
12/01/2022 MO Carroll Cropland 213.63 $ 9,866 60.7
12/01/2022 MO Carroll Cropland 86.08 $ 9,686 66.5
12/01/2022 MO Carroll Cropland 198.25 $ 9,686 68.7
12/01/2022 MO Carroll Cropland 211.44 $ 9,686 60.2
12/01/2022 MN Olmsted Cropland 142.33 $ 9,678 96.1
12/01/2022 MN Olmsted Cropland 34.01 $ 9,497 94.0
12/01/2022 MN Olmsted Cropland 33.14 $ 9,460 93.5
12/01/2022 IA Kossuth Cropland 63.00 $ 17,800 79.2
12/01/2022 IA Sioux Cropland 45.76 $ 23,750 87.3
12/01/2022 IA Hancock Cropland 19.00 $ 16,000 83.8
12/01/2022 IA Hancock Cropland 20.08 $ 16,000 85.7
12/01/2022 IA Cedar Cropland 111.36 $ 14,700 84.5
12/01/2022 IA Humboldt Cropland 80.00 $ 13,800 82.5
12/01/2022 IA Hamilton Cropland 152.00 $ 12,600 71.7
12/01/2022 IA Wright Cropland 160.00 $ 14,250 82.4
12/01/2022 NE Merrick Cropland 155.00 $ 10,600 65.0
12/01/2022 MO Carroll Cropland/Rec 260.93 $ 9,686 60.7
12/01/2022 MO Carroll Cropland 149.67 $ 9,686 62.8