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Weekly Auction Results: 2/26/23-3/4/23

March 7, 2023 - Ashley Poduska
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There were 19 tracts of land offered at public auction in Iowa February 26-March 4, 2023, 18 of which sold during bidding. During these auctions, there was a total of 1,888 acres available for purchase and of those acres, 87% were tillable.

Iowa Results
Tracts Sold: 18
Average $/Acre: $13,645
Average $/Tillable: $14,897
Average $/CSR2: $186
1 Week % Change: +9%
Change from Q4 2022: +2%

The high sale of the week went to an Osceola County 80.64-acre cropland farm, sold by Peoples Company.  It sold for $21,700 per acre or $232 per CSR2.

Below is a chart tracking the weekly change of $/CSR2 over the past 12 months.

Illinois Results
Tracts Sold: 7
Average $/Acre: $12,207

Minnesota Results
Tracts Sold: 6
Average $/Acre: $5,608

Missouri Results
Tracts Sold: 10
Average $/Acre: $11,056
 

Sale Date State County Land Type Gross Acres $ Per Acre CSR2
02-27-2023 IA Tama Cropland 160.00 $ 14,400 89
02-27-2023 IL Knox Cropland 159.34 $ 17,500 141.9
02-28-2023 IA Henry Cropland 61.89 66.7
02-28-2023 MO Ralls Cropland 106.00 $ 7,500 70.1
02-28-2023 IA Plymouth Cropland 80.00 $ 13,100 83.7
02-28-2023 IL Mercer Cropland 60.23 $ 9,850 112.3
02-28-2023 IL Mercer Cropland 67.33 $ 5,300 112.5
02-28-2023 IL Mercer Cropland 103.33 $ 9,800 118.9
02-28-2023 MN Swift Cropland 162.48 $ 4,600 44.7
02-28-2023 MN Swift Cropland 86.25 $ 5,100 46.8
02-28-2023 MN Swift Cropland 75.36 $ 4,700 47.9
02-28-2023 MN Swift Cropland 79.95 $ 6,050 36.5
02-28-2023 MN Todd Cropland 71.50 $ 5,100 82.1
02-28-2023 MN Meeker Cropland 73.50 $ 8,100 67.1
02-28-2023 NE Hamilton Irrigated Cropland 160.00 $ 11,000 64.6
03-01-2023 IA Greene Cropland 75.00 $ 18,400 92.7
03-01-2023 MO Atchison Cropland 80.00 $ 7,500 61.1
03-01-2023 IA Clayton Cropland 80.00 $ 16,900 78.2
03-01-2023 IA Buena Vista Cropland 293.88 $ 6,300 58.3
03-01-2023 IA Emmet Cropland 35.66 $ 16,400 86.5
03-01-2023 IA Humboldt Cropland 148.25 $ 13,500 77
03-02-2023 IA Winneshiek Pasture 40.00 $ 5,313 50.8
03-02-2023 IL Tazewell Cropland 100.00 $ 11,600 116.1
03-02-2023 MO Carroll Ag land 161.90 $ 3,750 66.5
03-02-2023 MO Carroll Ag land 4.40 $ 48,864 --
03-02-2023 IL McLean Cropland 80.00 $ 16,000 83.9
03-02-2023 IL Macoupin Cropland 90.00 $ 15,400 130.3
03-02-2023 IA Benton Cropland 76.39 $ 4,300 66.1
03-02-2023 IA Cherokee Cropland 102.00 $ 11,000 88.9
03-02-2023 IA Harrison Cropland 40.00 $ 17,000 87.4
03-02-2023 IA Harrison Cropland 77.04 $ 12,900 81.7
03-02-2023 IA Audubon Cropland 154.78 $ 11,500 82.3
03-03-2023 IA Bremer Cropland 154.27 $ 17,900 89
03-03-2023 IA Bremer Cropland 76.17 $ 10,900 67.7
03-03-2023 IA OBrien Cropland 72.92 $ 18,900 94.8
03-03-2023 IA OBrien Cropland 80.64 $ 21,700 95.6
03-03-2023 MO Knox Cropland 457.00 $ 9,250 73
03-03-2023 MO Knox Cropland 219.00 $ 10,500 73.4
03-03-2023 MO Knox Cropland 80.00 $ 6,550 62.6
03-03-2023 MO Knox Cropland 117.00 $ 7,150 64.3
03-03-2023 MO Scotland Cropland 78.00 $ 4,750 70.7
03-03-2023 MO Scotland Cropland 82.00 $ 4,750 68.4
03-03-2023 IA Bremer Cropland 79.00 $ 15,200 87.3
Published in: Land Values