Weekly Auction Results: 2/12/23-2/18/23
There were seven tracts of land that were offered at public auction in Iowa February 12-18, 2023. During these auctions, there was a total of 910 acres available for purchase and of those acres, 98% were tillable.
Iowa Results
Tracts Sold: 7
Average $/Acre: $12,914
Average $/Tillable: $13,173
Average $/CSR2: $161
1 Week % Change: -14%
Change from Q4 2022: -12%
The high sale of the week went to a Washington County 115-acre cropland farm that sold for $16,400 per acre. With a 5% buyer’s premium, that equates to $17,220 per acre or $201 per CSR2.
Below is a chart tracking the weekly change of $/CSR2 over the past 12 months.
North Dakota Results
Tracts Sold: 6
Average $/Acre: $6,850
Average $/Tillable: $6,882
Average $/Point: $80.19
| Sale Date | State | County | Land Type | Gross Acres | $ Per Acre | CSR2 |
|---|---|---|---|---|---|---|
| 02-13-2023 | IA | Monroe | Cropland | 91.12 | $ 8,800 | 79.2 |
| 02-15-2023 | MO | Callaway | Cropland/Rec | 243.00 | $ 8,300 | 45.5 |
| 02-15-2023 | MN | Yellow Medicine | Cropland | 160.00 | $ 12,156 | 94.3 |
| 02-15-2023 | MN | Polk | Cropland/Rec | 160.00 | $ 2,170 | 72.2 |
| 02-15-2023 | IA | Muscatine | Cropland | 160.00 | $ 15,200 | 93.9 |
| 02-15-2023 | IA | Washington | Cropland | 115.00 | $ 16,400 | 87.7 |
| 02-16-2023 | WI | Rock | Cropland | 40.00 | $ 7,500 | 39.7 |
| 02-16-2023 | IA | Plymouth | Cropland | 74.00 | $ 15,600 | 86.1 |
| 02-16-2023 | IA | Jones | Cropland | 231.00 | $ 11,700 | 69.2 |
| 02-16-2023 | MO | Pike | Cropland/Rec | 91.00 | $ 7,000 | 62.9 |
| 02-16-2023 | WI | Rock | Cropland | 40.00 | $ 7,500 | 56.6 |
| 02-16-2023 | WI | Rock | Cropland | 39.08 | $ 7,500 | 55.8 |
| 02-16-2023 | WI | Rock | Cropland | 40.00 | $ 7,500 | 45.6 |
| 02-17-2023 | ND | Traill | Cropland | 158.75 | $ 6,900 | 83.9 |
| 02-17-2023 | ND | Traill | Cropland | 160.77 | $ 6,600 | 86.5 |
| 02-17-2023 | ND | Traill | Cropland | 160.07 | $ 6,900 | 89.3 |
| 02-17-2023 | ND | Traill | Cropland | 158.00 | $ 6,900 | 85.9 |
| 02-17-2023 | ND | Traill | Cropland | 160.00 | $ 6,900 | 85.9 |
| 02-17-2023 | ND | Traill | Cropland | 157.27 | $ 6,900 | 83.7 |
| 02-17-2023 | IA | Guthrie | Cropland | 119.00 | $ 10,200 | 79.9 |
| 02-17-2023 | IA | Guthrie | Cropland | 120.00 | $ 12,500 | 76 |
| 02-18-2023 | MN | Freeborn | Cropland | 149.00 | $ 8,200 | 92.4 |
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