FEBRUARY 2023 IOWA FARMLAND VALUE

The Land Market is Changing!

We just came back from the National Land Conference held by the Realtors Land Institute. Listening to the pulse of the market from brokers all over the country the resounding thoughts were that interest rates have not changed the land market. The market is cash driven. That being said, here is some information about how the market has changed.

Iowa Results: Results from the 78 Auctions (8,639 acres) this last year have the average for the state at $11,676/acre, high quality ground at $13,2950/ acre, and medium-quality ground averaging $10,044/ acre. Low quality ground has remained steady at an average of $5,967/ acre

Our Mission; Is to be your “Trusted Advisors”, Our obligation; is to market your farmland to the largest audience yielding you the most successful outcome! David & Ann Whitaker | Iowa Land Guy When you think of Farmland Think of US!