Iowa Land Auction Prices, March 19-25, 2022
Posted on March 27, 2022 at 8:46 PM by Jim Rothermich
This week, Linn County tops the market with a sale at $26,250/acre. This sale was in a transitional area near Cedar Rapids. Honorable mention goes to Sioux County at $22,100/acre. Shout out to Calhoun County with a cash rent auction: 165.81 acres, 3-year term, CSR2 84.8, $438.50 per acre annual payment - $5.17/CSR2 point. Per ISU 2021 Cash Rent Survey, Calhoun County average cash rent on high-quality land was $265 per acre or $3.22/CSR2 point (Calhoun County weighted overall CSR2 82.2). The land market continues to be very strong with no signs of slowing.
“That’s my story and I’m sticking to it!”
Jim “the Land Talker”
Jim Rothermich, MAI, ARA, ALC
theLandTalker@iowaappraisal.com ∣ @theLandTalker
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