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Weekly Auction Results: 1/15/23-1/21/23

January 23, 2023 - Ashley Poduska
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There were 17 tracts of land that sold at auction January 15-21. During these auctions, there was a total of 1,681acres available for purchase and of those acres, 85% were tillable.

Iowa Results
Tracts Sold: 17
Average $/Acre: $10,358
Average $/Tillable: $12,643
Average $/CSR2: $175
1 Week % Change: +9%
Change from Q4 2022: -4%

The high dollar-per-acre sale of the week went to a Woodbury County 64-acre cropland farm, bringing $15,750/acre.

Below is a chart tracking the weekly change of $/CSR2.

 

Sale Date State County Land Type Gross Acres $ Per Acre CSR2
01-16-2023 MN Pipestone Cropland 80.00 $ 9,750 94.6
01-16-2023 MN Pipestone Cropland 80.00 $ 11,800 93.7
01-17-2023 IA Muscatine Cropland 75.12 $ 15,500 93.5
01-17-2023 IA Louisa Recreation 320.00 $ 4,315 30.5
01-17-2023 NE Wayne Cropland/Acreage 160.00 $ 13,250 --
01-18-2023 IA Plymouth Ag land 80.00 $ 13,800 81.5
01-18-2023 WI Eau Claire Cropland 103.89 $ 5,100 59.4
01-18-2023 IA Jones Cropland/Rec. 40.00 $ 6,525 62.6
01-18-2023 IA Wayne Cropland 80.00 $ 4,600 59.7
01-18-2023 IA Wayne Recreation 95.47 $ 5,200 53.1
01-18-2023 IA Wayne Cropland 144.53 $ 7,100 47.1
01-18-2023 MO Montgomery Cropland 68.00 $ 19,800 70.1
01-18-2023 MO Montgomery Cropland 63.00 $ 13,250 62.7
01-18-2023 MO Montgomery Cropland 46.00 $ 6,400 40.5
01-18-2023 MO Montgomery Cropland 50.00 $ 19,800 53.9
01-19-2023 IA Scott Cropland 95.03 $ 10,000 75.9
01-19-2023 IA Webster Cropland 80.00 $ 13,300 81.6
01-19-2023 IA Jackson Cropland 146.78 $ 12,000 67.4
01-19-2023 IA Fremont Cropland 40.00 $ 13,300 77.9
01-19-2023 MN Brown Cropland 160.00 87.3
01-20-2023 IA Woodbury Cropland 64.12 $ 15,750 71.5
01-20-2023 MN Blue Earth Cropland 116.00 $ 6,207 85.5
01-20-2023 IA Woodbury Cropland 79.57 $ 11,400 45.2
01-20-2023 IA Wright Cropland 83.00 $ 11,300 79.9
01-20-2023 IA Wright Cropland/CRP 77.00 $ 8,500 68.5
01-20-2023 IA Wright Cropland 63.00 $ 10,400 84.5
01-21-2023 IA Carroll Cropland 117.73 $ 13,100 79.1
Published in: Land Values