Weekly Land Auction Results in Iowa 

Iowa farmland auctions were slow / steady this past week but, we still saw strong sale prices with the highest per acre price at $13,500 (House – Acreage) or $9,690 per acre for a tillable – wind turbine farm in Hamilton County. 1,428.32 acres were sold throughout the state via the auction method, with 1,141.57 acres tillable farmland. Even with seasonal fluctuations, farmland values have remained generally consistent since 2015. This time (Summer) of year is hard to make a very compelling case on the outlook of land values because of the lack of sales through the summer months. We think this fall, as more sales get underway, that the market will tell how the farm operators and land investors will feel about the value of land and stability of Iowa agriculture. Farmland values are largely dependent on geography and adjust to reflect their market’s current supply and demand. This year seems to be a tipping point on the direction of where land values will stand for the next few years in the future. This fall will be an interesting time for land owners and anyone that is connected to Iowa farmland. Negative factors that can affect farmland values are low commodity prices, cash or credit availability, high input prices, weak cash rental rates, an uncertain agricultural future, and strong alternative (stock market, economy). If these continue to stay steady or become more of an issue we may see a downward tick in overall sales moving forward. Meaning that if you have a farm to sell this fall is a great time to unload before the demand starts to decrease. Contact any of our qualified land agents here at Iowa Land Company to assist you in a FREE no obligation farm evaluation. Check back for more auction sales results. 

 Farmland Auction Sales Report | July 27th – August 2nd 2018

Iowa Land Company is a full-service farmland auction company that services in all 99 counties of Iowa. We transact all types of land in Iowa. Want to know what your land in Iowa is worth ? Get a | Free Farmland Evaluation (Click) | from one of the trusted agents at Iowa Land Company.

Monthly Sales Volume in all 99 Counties of Iowa

The volume in land auction sales is down from past years,  yet the demand is still very high. If you have tillable farmland it is a prized commodity for farmland investors and local operators. We would classify this market a strong farmland market. As we get closer to the fall, we will see tick up in land auction sales. If you have farmland in Iowa and are considering selling, now is a great time to the process started. On average it take 2-3 months to execute a farmland sale from start to finish. Contact us to determine when is the best time of year to sell your farmland.

UPCOMING AUCTIONS

Johnson County, IA farmland auction being offered as one tract. The auction will be held in Lone Tree, IA on August 31st, 2018 at 1pm.

Warren County, IA farmland auction being offered in 3 tracts. The auction will be held on September 5th, 2018.

Tract 1- 36.39 Acres

Tract 2- 112.33 Acres

Tract 3- 72.85 Acres

Palo Alto County, IA farmland auction being held on October 18th, 2018.  This farm is 156 acres and will be offered in 2 tracts.

Are you going to be selling farmland in Iowa?

At Iowa Land Company we are a Iowa farmland auction company, we specialize in Iowa farmland estates, and farmland trust land transactions, recreational property and commercial property in Iowa. If its land and its in Iowa we can service you in your land transactions. When selling a farm in this time period , both digital marketing and local advertising need to be used when selling a farm. At Iowa land company we hold the bar high to stay at the forefront of all digital marketing tools to showcase your farm at a national level making it certain we reach every potential buyer. Contact us today for all your land real estate needs in Iowa: (515-962-5048) or at info@iowalandcompany.com

 

Information gathered from Land Talker- Iowa Land Appraisal Company