Iowa Appraisal and Research Corp

Iowa Land Auction Prices, November 10-16, 2017

Posted on 11/20/2017 at 04:26 PM by Jim Rothermich

Greetings! Fewer acres of land were auctioned this week as compared to last. 4,443 acres of land were offered, of which 3,412 acres were tillable. There were no “no sales.” The land market is holding up well with the larger supply of land auctions coming to the market currently. The land market continues to be very strong. Here are the highlights:

  • 100 acres sold in Calhoun County- $12,600/acre- 95 tillable acres- CSR2- 85
  • 152 acres sold in Clay County- offered in two tracts- purchased as a unit- $12,000/acre- 147 tillable acres- CSR2- 96
  • 227 acres sold in Sioux County- offered in two tracts:
    • 117 acres- $13,500/acre- 112 tillable acres- CSR2- 93
    • 110 acres- $13,700/acre- 101 tillable acres- CSR2- 95
  • 76 acres sold in Crawford County- $6,120/acre- 71 tillable acres- CSR2- 59
  • 252 acres sold in Johnson County- offered in three tracts- purchased as two units:
    • 176 acres- $8,300/acre- 86 tillable acres- CSR2- 39
    • 76 acres- $7,100/acre- 68 tillable acres- CSR2- 37
  • 72 acres sold in Union County- all pasture
  • 238 acres sold in Mitchell County- offered in three tracts- purchased as two units:
    • 78 acres- $11,000/acre- all tillable- CSR2- 89
    • 154 acres- $10,500/acre- all tillable- CSR2- 85
    • 6 acres- lump sum- $50,000
  • 121 acres sold in Buena Vista County- offered in three tracts:
    • 40 acres- $9,050/acre- all tillable- CSR2- 87
    • 73 acres- $8,100/acre- all tillable- CSR2- 81
    • 8 acres- lump sum- $39,500
  • 166 acres sold in Dubuque County- offered in four tracts:     
    • 45 acres- $6,300/acre- 21 tillable acres- CSR2- 35
    • 65 acres- $6,700/acre- 18 tillable acres- CSR2- 38
    • 40 acres- $10,000/acre- 29 tillable acres- CSR2- 41
    • 16 acres- $12,400/acre- all tillable- CSR2- 77
  •   320 acres sold in Kossuth County- offered in three tracts- purchased as two units:
    • 315 acres- $12,500/acre- 305 tillable acres- CSR2- 87
    • 5 acres- lump sum- $170,00
  •   193 acres sold in Sioux County- offered in two tracts:
    • 113 acres- $10,000/acre- 104 tillable acres- CSR2- 75
    • 80 acres- $10,600/acre- 79 tillable acres- CSR2- 74
  • 160 acres sold in Cedar County- $8,800/acre- 154 tillable acres- CSR2- 89
  • 90 acres sold in Hamilton County- $8,300/acre- all tillable- CSR2- 82
  • 109 acres sold in Delaware County- $9,000/acre- 103 tillable acres- CSR2- 87
  • 30 acres sold in Des Moines County- $4,3000/acre- all recreation
  • 212 acres sold in Buena Vista County- offered in four tracts- purchased as three units:
    • 36 acres- $8,050/acre- all tillable- CSR2- 83
    • 172 acres- $8,400/acre- 169 tillable acres- CSR2- 79
    • 4 acres- lump sum- $46,000
  • 355 acres sold in Floyd County- offered in four tracts:
    • 70 acres- $7,900/acre- 66 tillable acres- CSR2- 87
    • 80 acres- $5,000/acre- 57 tillable acres- CSR2- 70
    • 85 acres- $4,700/acre- 82 tillable acres- CSR2- 58
    • 120 acres- $4,500/acre- 89 tillable acres- CSR2- 61
  • 303 acres sold in Clinton County- offered in two tracts:
    • 152 acres- $9,400/acre- 138 tillable acres- CSR2- 85
    • 151 acres- $5,100/acre- 142 tillable acres- CSR2- 40
  • 679 acres sold in Keokuk County- offered in four tracts- purchased as three units:
    • 354 acres- $2,700/acre- all recreation
    • 205 acres- $1,700/acre- 89 tillable acres- CSR2- 47
    • 120 acres- $2,250/acre- 46 tillable acres- CSR2- 30
  • 74 acres sold in Dallas County- $8,500/acre- 73 tillable acres- CSR2- 85
  • 120 acres sold in Cherokee County- $11,300/acre- all tillable- CSR2- 93
  • 77 acres sold in Tama County- $7,000/acre- 69 tillable acres- CSR2- 68
  • 157 acres sold in Mitchell County- offered in two tracts:
    • 147 acres- $8,100/acre- 140 tillable acres- CSR2- 78
    • 10 acres- $7,200/acre- all old farmstead
  • 160 acres sold in Pocahontas County- offered in two tracts:
    • 80 acres- $8,300/acre- 73 tillable acres- CSR2- 75
    • 80 acres- $9,500/acre- 79 tillable acres- CSR2- 83

I wish you all a Happy Thanksgiving weekend.

“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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