Iowa Appraisal and Research Corp

Iowa Land Auction Prices, September 22-28, 2017

Posted on 10/02/2017 at 01:57 PM by Jim Rothermich

Greetings! Fewer acres of land were auctioned this week as compared to last. 2,344 acres of land were offered, of which 2,179 acres were tillable. All tracts sold. All sales either met or exceeded expectations. The land market continues to be very strong. Here are the highlights:

  • 155 acres sold in Sioux County- $10,500/acre- 148 tillable acres- CSR2- 89
  • 208 acres sold in Guthrie County- offered in two tracts- purchased as a unit- $14,100/acre- all tillable- CSR2- 87
  • 216 acres sold in Buchanan County- offered in two tracts:
    • 136 acres- $9,100/acre- 128 tillable acres- CSR2- 80
    • 80 acres- $12,000/acre- 76 tillable acres- CSR2- 89
  • 169 acres sold in Guthrie County- offered in two tracts:
    • 38  acres- $6,630/acre- 25 tillable acres- CSR2- 70 (includes 2% buyer fee)
    • 131 acres- $4,896/acre- 111 tillable acres- CSR2- 56 (includes 2% buyer fee)
  • 137 acres sold in Osceola County- $6,750/acre- 124 tillable acres- CSR2- 84
  • 158 acres sold in Polk County- $4,557/acre- 100 tillable acres- CSR2- 63
  • 1,006 acres sold in Buena Vista County- offered in 8 tracts- purchased as 7 units-
    • 36 acres- $10,000/acre- all tillable- CSR2- 88
    • 151 acres- $9,150/acre- 148 tillable acres- CSR2- 82
    • 297 acres- $8,600/acre- 291 tillable acres- CSR2- 83
    • 120 acres- $7,100/acre- all tillable- CSR2- 77
    • 193 acres- $7,600/acre- all tillable- CSR2- 85
    • 136 acres- $7,050/acre- 130 tillable acres- CSR2- 71
    • 73 acres- $9,375/acre- 70 tillable acres- CSR2- 87
  • 295 acres sold in Cedar County- offered in 4 tracts- purchased as a unit- $8,700/acre- 271 tillable acres- CSR2- 82 (includes cell tower)

“That’s my story and I’m sticking to it!”  Please check back next week to see what the Iowa land market is doing.

Jim “the Land Talker”

@theLandTalker
Monthly Iowa land auction results email:  Click here to subscribe.

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