2024 Iowa Farmland Market: County-by-County Insights

As 2024 comes to a close, Iowa’s farmland market continues to showcase both resilience and opportunity. Our detailed maps break down key data county by county, offering valuable insight into market performance for buyers, sellers, and investors.

What Our Maps Show

  1. Iowa Average Auction Prices

    This map shows average price per acre at auction by county in 2024. Counties such as Polk ($24,376/acre) and Linn ($19,225/acre) stood out. Lyon ($19,903/acre) and Sioux ($19,630/acre) also posted strong averages, reflecting steady bidder demand.

  2. Iowa Top Auction Prices

    This map highlights the single highest auction price per acre in each county. Notable peaks include Polk ($38,000/acre), Story ($30,017/acre), Sioux ($29,800/acre), Dallas ($24,300/acre), and Lyon ($24,250/acre).

  3. Top Auction Prices

    This map reports total acres sold by county. Plymouth (9,755.72 acres), Benton (10,965.25 acres), Fayette (10,744.26 acres), Jasper (9,825.55 acres), and Black Hawk (8,512.57 acres) were among the most active.

  4. Average Auction Prices by County

    This map shows the overall average price per acre (all sales types). Standouts include Dallas ($28,352/acre), Sioux ($18,798/acre), Scott ($18,562/acre), Story ($15,357/acre), and Pottawattamie ($14,684/acre).

Key Takeaways from 2024

  • Regional Trends:
    Counties in central and northwest Iowa consistently reported higher prices, highlighting the premium placed on land with strong CSR ratings and accessibility to key markets.
  • Auction Success:
    Competitive bidding continues to drive strong results at auction, with multiple counties setting new records for top prices per acre.
  • Broad Market Strength:
    Despite slight softening in some areas, Iowa farmland remains a highly desirable asset with robust demand from both local and out-of-state buyers.

Looking Ahead to 2025

As the farmland market evolves, staying informed is critical for landowners and investors alike. If you’re considering buying, selling, or simply want to understand how these trends impact your land, we’re here to provide the expertise you need.

Contact Us

Feel free to give David Whitaker or his team a call at (515)-996-5263, and they’ll be happy to assist you with any concerns or provide expert guidance to help you navigate the complexities of farmland ownership.

You can also reach out via email at info@wmgauction.com to discuss anything farmland-related.

 

2024 Iowa Average Auction Prices by County Map
County-by-county map showing the 2024 Iowa average auction prices per acre, highlighting top-performing counties like Polk, Linn, and Dallas.

 

2024 Iowa Top Farmland Auction Prices by County Map
This map highlights the top farmland auction prices across Iowa counties in 2024, with Polk County leading at a record $38,000 per acre.

 

2024 Iowa Farmland Acres Sold by County Map
A county-by-county map showing total farmland acres sold across Iowa in 2024, highlighting active markets like Benton, Fayette, and Plymouth counties.

 

2024 Iowa Average Farmland Price Sold by County Map
Map showing the 2024 average farmland sale prices by county in Iowa, with Dallas County leading at $28,352 per acre and strong values across Polk, Warren, and Story counties.

 

Related articles

Discover New Available Land when it Hits the Market

Discover a straightforward path to land ownership with expert guidance and exclusive auction opportunities tailored to buyers like you.