Weekly Auction Results: 3/26/23-4/1/23

Published on Apr 3, 2023 by Ashley Poduska

There were 26 tracts of land offered at public auction in Iowa March 25 – April 1, 2023. During these auctions, there was a total of 2,813 acres available for purchase and of those acres, 88% were tillable.

Iowa Results

Tracts Sold: 26
Average $/Acre: $11,826
Average $/Tillable: $13,685
Average $/CSR2: $171
1 Week % Change: +4%
Change from Q4 2022: -6%

The high sale of the week went tract six of a Lyon County auction.  The 80-acre cropland farm sold for $20,400 per acre or $301 per CSR2.

Below is a chart tracking the weekly change in dollar per acre, dollar per tillable acre, and dollar per CSR2 over the past 12 months.

Sale Date State County Land Type Gross Acres $ Per Acre CSR2
03/31/2023 IA Washington Cropland 214.00 $ 11,100 57.2
03/31/2023 MN Polk Cropland 120.00 $ 6,850 89.9
03/31/2023 IA Marion Cropland 75.00 $ 7,900 60.7
03/31/2023 IA Marshall Cropland 163.30 $ 14,800 82.8
03/31/2023 IA Washington CRP 70.50 $ 6,000 58.1
03/31/2023 IA Washington Cropland 96.50 $ 14,100 80.0
03/30/2023 MO Marion Cropland 126.30 $ 6,600 66.7
03/30/2023 IA Chickasaw Cropland 149.43 $ 12,000 84.2
03/30/2023 IA Chickasaw Cropland 74.47 $ 10,000 82.6
03/30/2023 IA Chickasaw Cropland 94.22 $ 11,800 80.8
03/30/2023 IA Chickasaw Cropland 38.00 $ 10,000 80.6
03/30/2023 IA Greene Cropland 78.69 $ 14,500 86.9
03/30/2023 IA Keokuk Pasture 80.00 $ 5,050 69.4
03/30/2023 IA Keokuk Pasture/Cropland 160.00 $ 4,250 56.8
03/30/2023 IL Kankakee Cropland 76.50 $ 8,300 120.3
03/30/2023 MO Howard Cropland 122.59 $ 5,700 74.7
03/30/2023 MO Lewis Cropland 121.00 $ 8,400 67.4
03/30/2023 MO Lewis Cropland 94.50 $ 6,000 83.2
03/29/2023 MN Meeker Cropland/Rec 41.49 $ 4,796 53.6
03/29/2023 IA Jasper Cropland 173.90 $ 9,797 60.1
03/29/2023 IA Buchanan Cropland 60.00 $ 8,100 74.7
03/29/2023 IA Jasper Cropland 37.00 $ 9,696 66.3
03/29/2023 IA Wright Agricultural 58.70 $ 15,000 86.3
03/29/2023 IA Wright Cropland 182.05 $ 10,000 83.7
03/29/2023 IA Wright Cropland 81.47 $ 14,800 82.8
03/29/2023 IA Wright Cropland 119.50 $ 13,800 82.7
03/29/2023 IA Wright Cropland 137.45 $ 11,800 81.3
03/29/2023 IA Sioux Cropland 142.21 $ 15,000 81.0
03/29/2023 MN Faribault Cropland 117.18 $ 10,500 92.0
03/29/2023 IA Jasper Cropland 190.06 $ 9,090 68.8
03/28/2023 IA Lyon Cropland 80.00 $ 20,400 68.5
03/28/2023 IA Humboldt Cropland 137.67 $ 14,500 79.7
03/28/2023 IL Champaign Ag land 49.00 $ 20,100 113.6
03/28/2023 IL Champaign Ag land 70.00 $ 20,100 144.0
03/28/2023 MN Lac qui Parle Cropland 147.91 $ 10,200 91.3
03/27/2023 IA Sac Cropland 39.32 $ 18,100 95.2
03/27/2023 MO Knox Cropland 118.90 $ 4,700 60.9
03/27/2023 IA Sac Cropland 80.00 $ 15,900 91.4
03/27/2023 MN Big Stone Cropland 80.29 $ 5,580 44.4
03/27/2023 MO Knox Cropland 40.80 $ 4,700 --

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