Iowa Appraisal and Research Corp

Iowa Land Auction Prices, July 10-16, 2020

Posted on 07/20/2020 at 09:22 AM by Jim Rothermich

For July, this was a fairy active week with Harrison County topping the market.

There is a new trend in Iowa stemming from the COVID-19 pandemic. Native Iowans who moved to large cities in other states are now looking for rural property to move back to Iowa. This is giving value to old farmhouses that were typically looked at as a detriment to the value of a farm. For example, In Palo Alto County an acreage was split off the farmland and sold. This was 3.6 acres improved with a Foursquare 2.5-story Sears Roebuck house that was constructed in the early 1900’s. The acreage sold for $164,000, an incredibly strong price. The realtor stated there was a lot of interest in the house from out of state.

“That’s my story and I’m sticking to it!”

Jim “the Land Talker”

@theLandTalker
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