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Weekly Auction Results: 1/22/23-1/28/23

January 30, 2023 - Ashley Poduska
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There were 24 tracts of land that were offered at public auction in Iowa January 22-28. During these auctions, there was a total of 2,333 acres available for purchase and of those acres, 94% were tillable.

Iowa Results
Tracts Sold: 23
Average $/Acre: $12,801
Average $/Tillable: $14,692
Average $/CSR2: $190
1 Week % Change: +9%
Change from Q4 2022: +4%

The high dollar-per-acre sale of the week went to a Peoples Company Auction.  It was a Tama County 73.4-acre cropland farm that sold for $21,000 per acre or $236 per CSR2.

The high dollar-per-CSR2 sale of the week went to a Lyon County 80.7-acre cropland farm that sold for $20,000 per acre or $307 per CSR2.

Below is a chart tracking the weekly change of $/CSR2 over the past 12 months.

Minnesota Results
Tracts Sold: 10
Average $/Acre: $10,893
Average $/Tillable: $11,469
Average $/NCCPI: $128

 

Sale DateStateCountyLand TypeGross Acres$ Per AcreCSR2
01-23-2023IAScottCropland150.92$ 11,85666.5
01-23-2023IAScottCropland79.00$ 13,50062.9
01-23-2023IAHardinCRP128.0048.9
01-24-2023IAPageCropland160.00$ 11,00080.6
01-24-2023IABuchananCropland90.00$ 15,65093.6
01-24-2023IAMonroeRec/Ag70.77$ 6,10060.3
01-24-2023IAMonroePasture/Rec76.27$ 4,35044.7
01-24-2023IAPolkCropland143.00$ 9,00073.5
01-24-2023IAPolkCropland69.00$ 9,00074.9
01-24-2023IATamaCropland73.43$ 21,00090.9
01-24-2023IAAudubonCropland77.00$ 17,10092.6
01-24-2023IAAudubonCropland59.30$ 17,10090.9
01-24-2023IALucasCropland80.60$ 18,10067.8
01-24-2023IALucasCropland80.71$ 20,00067.6
01-24-2023NEBurtCropland75.00$ 8,70067.6
01-24-2023MOSalineCropland93.49$ 12,00075.5
01-24-2023MOBartonCropland80.00$ 4,10068.4
01-24-2023MOSalineCropland124.00$ 15,50082.8
01-24-2023MOSalineCropland108.00$ 15,50082.8
01-25-2023IAClintonCropland200.00$ 12,10069
01-25-2023IAClintonCropland/Blg Site160.00$ 13,40065.4
01-25-2023IAHarrisonCropland80.85$ 10,22577.3
01-25-2023MNRedwoodCropland71.00$ 11,04292.6
01-25-2023MNRedwoodCropland115.48$ 9,62173.9
01-25-2023MNRedwoodCropland75.70$ 11,95592.8
01-25-2023MNBrownCropland74.51$ 13,68993.4
01-26-2023NEPierceCropland160.00$ 9,05067.2
01-26-2023NEButlerCropland160.00$ 7,00074.7
01-26-2023IADes MoinesCropland40.50$ 13,15086
01-26-2023IADes MoinesCropland/Turbines160.80$ 14,90085.3
01-26-2023IACassCropland115.71$ 13,40089.3
01-26-2023IASiouxCropland80.00$ 14,30084.1
01-27-2023MNSibleyCropland51.41$ 12,02191.6
01-27-2023MNSibleyCropland91.72$ 10,57693.2
01-27-2023IAGrundyCropland37.00$ 13,40069.7
01-27-2023MNMcLeodCropland46.60$ 12,01789.7
01-27-2023MNMcLeodCropland117.90$ 10,86590.8
01-27-2023MNMcLeodCropland58.20$ 10,08689.8
01-27-2023MNMcLeodCropland91.00$ 7,05591.1
01-28-2023IALucasCropland75.67$ 11,00067
01-28-2023IALucasPasture44.90$ 4,80060.1
Published in: Land Values

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