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Weekly Auction Results: 3/20/22–3/26/22

March 29, 2022 - Ashley Poduska
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The appraisal team tracked 22 auctions in Iowa last week, totalling 2,160 acres.  These tracts brought an average dollar per acre of $12,953, average dollar per tillable acre of $14,481 and an average dollar per CSR2 of $180.  This price is down 4% from the prior week, while still up 6% from Q4 2021.  

The top sale of the week went to a Linn County cropland farm of 35.8 acres bringing $26,250 per acre or $292 per CSR2.  This farm was near Cedar Rapids, but the highest and best use is still considered agriculture.
 

Sale Date State County Land Type Gross Acres $ Per Acre CSR2
03-21-2022 IA Worth Tillable 152.67 $ 8,500 84.2
03-21-2022 WI Sauk Tillable 61.30 $ 7,206 --
03-21-2022 WI Sauk Tillable 69.15 $ 7,206 --
03-21-2022 WI Sauk Tillable 214.62 $ 8,387 --
03-21-2022 WI Sauk Tillable 169.30 $ 10,484 --
03-21-2022 IA Hardin Tillable 209.50 $ 12,500 66.5
03-21-2022 IA Hardin Tillable 209.50 $ 12,500 66.5
03-21-2022 IA Hardin Tillable 111.00 $ 7,450 57
03-21-2022 IA Worth Tillable 40.00 $ 9,450 75.7
03-21-2022 IA Worth Tillable 152.67 $ 8,500 84.2
03-21-2022 IA Worth Tillable 40.00 $ 9,450 75.7
03-21-2022 IA Hardin Tillable 111.00 $ 7,450 57
03-22-2022 WI St. Croix Rec/Tillable 64.92 $ 5,776 --
03-22-2022 IA Woodbury Tillable 63.03 $ 16,750 87.9
03-22-2022 IA Woodbury Tillable 13.27 $ 17,500 92
03-22-2022 IA Woodbury Tillable 134.95 $ 15,000 92
03-22-2022 IA Mahaska Tillable 155.65 $ 4,675 51.4
03-22-2022 MN Watonwan Tillable 80.90 $ 13,158 --
03-22-2022 MN Watonwan Tillable 194.95 $ 11,200 --
03-22-2022 SD Bennett Tillable 300.00 $ 3,400 --
03-22-2022 WI St. Croix Tillable 69.70 $ 7,891 --
03-22-2022 WI St. Croix Tillable/Rec 86.00 $ 3,314 --
03-22-2022 WI St. Croix Tillable 73.06 $ 7,323 --
03-22-2022 WI St. Croix Living/Rec/Tillable 79.30 $ 7,062 --
03-22-2022 WI St. Croix Tillable 47.97 $ 7,088 --
03-23-2022 IA Mills Tillable 80.00 $ 19,900 91.9
03-23-2022 IA Shelby Tillable 124.50 $ 22,100 93
03-23-2022 IA Union CRP 38.88 $ 7,945 --
03-23-2022 IA Shelby Tillable 124.50 $ 22,100 93
03-24-2022 MN Meeker Tillable 38.40 --
03-24-2022 IA Cass Tillable 77.62 $ 14,600 80.5
03-24-2022 MN Meeker Tillable 40.10 --
03-25-2022 IA Hardin Tillable 79.77 $ 8,000 53.7
03-25-2022 IA Wayne Cattle Facility 5.99 $ 13,856 --
03-25-2022 IA Lee Tillable 35.75 $ 26,250 90.1
03-25-2022 IA Osceola Tillable 80.00 $ 9,600 69.4
03-26-2022 IA Wright Tillable 120.00 $ 10,900 80.4
Published in: Land Values
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