Weekly Iowa Farmland Auction Results

By: Iowa Land Company

Weekly Land Auction Results in Iowa 

This week there were 24 land auctions across the state. Of the 24 auctions, 23 of them met their expectations when bringing a farm to auction. There was a total of 2,629 acres sold, 2,053 being tillable acres. Of the 24 farms brought to auction 9 of those farms brought over $9,000 per acre, which is a very strong sign for the state. We are noticing good dirt as being very stable, but as we get into medium quality we are starting to see instability in the market. This instability in the market makes talking to a land expert even more crucial than normal. It’s important to consult with a person that really knows the market here in Iowa. Some areas are more soft than others while some are still selling very strong. Not in every case in today’s market do you want to bring a farm to auction (call an agent today to discuss the traditional listing method )! Many factors go into this decision and we want sellers to understand each scenario. At the end of the day we want you to get the most out of your asset. Great dirt is still stable, trading over $100 per CSR2 point. Moderate dirt is starting to become unstable and trending downward because of the lack of demand and the uncertainty in low commodity prices, interest rate increases, and lending institutions tightening their reigns on operators.

If you’re considering selling farmland in the state of Iowa, do yourself a favor, pick up the phone and call Iowa Land Company Indianola, Iowa Office (515-962-5048) serving land owners in Central and Southern Iowa, or call the Fort Dodge, Iowa office at (515-955-3817) serving land owners in North Central and Northwest Iowa. And or the Vinton, Iowa office (319-440-3176) this office services North Central and Northeast Iowa to talk to one of our agents that knows the market your farmland is located in. We offer a FREE farmland evaluation with no obligations. We will tell you what your farmland is worth and discuss what the best method is (listing or auction) when selling your land. Our goal is for you to be satisfied and we go out of our way to do that. “Iowa is our Factory, Land Marketing is our Craft, Farmland Transactions are our Product, and the People are what make up our Business”

 

Featured Auction- Decatur County 60 Acres Tillable Farmland: (Click To View Auction or Contact Auction Agents)

 

Land Agent – Nick Skinner (Land Agent Profile | Click to view)
 
Results from – Jim Rothermich- Iowa farmland appraiser.

 

 Farmland Auction Sales Report | March 15th – March 21st, 2019

 

 

 

 

Iowa land Auction company

 

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.

 

Contact Us



IOWA FARMLAND AUCTION COMPANY

Our company was built to generate Iowa land transactions combining two things, land marketing experience and farmland sales experience. Our marketing company and land salesman are focused on Iowa dirt! Iowa Land runs deep within each person that makes up our company. We have a  passion for land and that’s what we know. Each person has their strengths and we mesh those strengths together forming a land company that is powerful in both land auctions and private treaty land sales.

 

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Farm Location

Location can be the biggest variables when calculating land value so it’s important to not over look this step.
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CSR2 Value

Yes we certainly do consider your Corn Suitability Rating (CSR2) value when giving our traditional farm appraisal because it is very important.
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Improvements

We want to hear your story. How has the farm been taken care of? Who has farmed the farm? Etc…
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Current Market

We look at what is currently on the market, how long similar farms have been on the market, for what price and how that farm compares to yours.
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Recent Sales

We have access to our in farm sales report that we file per county. We keep a close eye on recent farms located near your farm.
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Iowa Farmland Auction Results | Iowa Land Company

Monthly Farmland Auction Results In all 99 Counties of Iowa