Iowa Appraisal and Research Corp

Iowa Land Auction Prices, December 1-7, 2017

Posted on 12/11/2017 at 02:28 PM by Jim Rothermich

Greetings! More acres of land were auctioned this week as compared to last. 5,284 acres of land were offered, of which 4,260 acres were tillable. There were a couple of “no sales.” On one of the “no sales,” the realtor felt the sale would be negotiated. For the most part, all farms sold very well. Here are the highlights:

  • 39 acres sold in Emmet County- all tillable- CSR2- 86
  • 159 acre “Life Estate” sold in Shelby County- lump sum- $47,000- 144 tillable acres- CSR2- 68
  • 160 acres sold in Buena Vista County- $9,125/acre- 152 tillable acres- CSR2- 87
  • 241 acres sold in Calhoun County- offered in four tracts:
    • 121 acres- $7,600/acre- 112 tillable acres- CSR2- 81
    • 70 acres- $7,500/acre- 67 tillable acres- CSR2- 79
    • 40 acres- $10,000/acre- 38 tillable acres- CSR2- 88
    • 10 acres- $5,900/acre- 9 tillable acres- CSR2- 85
  • 153 acres sold in Dallas County- offered in two tracts:
    • 89 acres- $9,000/acre- all tillable- CSR2- 88
    • 64 acres- $7,950/acre- all tillable- CSR2- 87
  • 30 acres sold in Clarke County- $4,600/acre- 27 tillable acres- CSR2- 67
  • 133 acres sold in Plymouth County- $12,200/acre- all tillable- CSR2- 87
  • 96 acres sold in Monona County- $2,425/acre- all pasture
  • 218 acres sold in Crawford County- offered in two tracts:
    • 143 acres- $8,600/acre- 141 tillable acres- CSR2- 75
    • 75 acres- $9,000/acre- 72 tillable acres- CSR2- 70
  • 221 acres sold in Woodbury County- 192 tillable acres- CSR2- 73
  • 226 acres sold in Madison County- offered in four tracts- purchased in two units:
    • 80 acres- $11,600/acre- 73 tillable acres- CSR2- 88
    • 146 acres- $6,194/acre- 90 tillable acres- CSR2- 80
  • 60 acres sold in Boone County- $8,400/acre- all tillable- CSR2- 87
  • 129 acres sold in Montgomery County- $7,500/acre- 116 tillable acres- CSR2- 77
  • 221 acres sold in Linn  County- $9,100/acre- 209 tillable acres- CSR2- 83
  • 394 acres sold in Franklin County- offered in five tracts- purchased in four units:
    • 80 acres- $7,000/acre- 72 tillable acres- CSR2- 85
    • 160 acres- $8,500/acre- 146 tillable acres- CSR2- 84
    • 79 acres- $9,200/acre- 76 tillable acres- CSR2- 87
    • 75 acres- $9,400/acre- 74 tillable acres- CSR2- 88
  • 160 acres sold in Osceola County- offered in two tracts- purchased as unit- $12,400/acre- all tillable- CSR2- 97
  • 660 acres “no sale” in Monroe County- 247 tillable acres- balance recreation- CSR2- 35
  • 145 acres sold in Cedar County- $10,200/acre- 139 tillable acres- CSR2- 91
  • 164 acres sold in Buena Vista County- offered in two tracts- purchased as a unit- $9,250/acre- all tillable- CSR2- 87
  • 160 acres- sold in Dallas County- $8,400/acre- 133 tillable acres- CSR2- 84
  • 152 acres sold in Ida County- $7,000/acre- 148 tillable acres- CSR2- 74
  • 75 acres sold in Sioux County- $15,000/acre- 73 tillable acres- CSR2- 100
  • 186 acres sold in Osceola County- offered in two tracts:
    • 104 acres- $9,550/acre- 97 tillable acres- CSR2- 88
    • 82 acres- $6,975/acre- 64 tillable acres- CSR2- 84
  • 104 acres sold in Wayne County- $4,500/acre- 102 tillable acres- CSR2- 48
  • 178 acres “no sale” in Black Hawk County- 170 tillable acres- CSR2- 67
  • 500 acres sold in Delaware County- offered in three tracts- purchased as two units:
    • 364 acres- $6,250/acre- 286 tillable acres- CSR2- 52
    • 136 acres- $7,000/acre- 100 tillable acres- CSR2- 45
  • 320 acres “no sale” in Ringgold County- offered in three tracts:
    • 160 acres- 124 tillable acres- CSR2- 67
    • 80 acres- all pasture
    • 80 acres- 58 tillable acres- CSR2-45

“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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