FEBRUARY 2023 IOWA FARMLAND VALUE | IOWA LAND GUY

The Iowa Land Market Is Changing

The land market continues to evolve, and recent conversations confirm that shift. We recently returned from the National Land Conference hosted by the Realtors Land Institute, where brokers from across the country shared insight into current conditions.

Despite ongoing discussion around interest rates, one theme was clear. Interest rates have not slowed the land market. Instead, today’s market remains largely cash driven.

That said, several trends have emerged. Below is a snapshot of how the Iowa land market performed over the past year.

Iowa Farmland Auction Results

Based on results from 78 farmland auctions totaling 8,639 acres, Iowa land values continue to show strength.

  • Statewide average: $11,676 per acre
  • High-quality farmland: $13,295 per acre
  • Medium-quality farmland: $10,044 per acre
  • Low-quality farmland: $5,967 per acre

While values vary by quality and location, demand for well-positioned farmland remains steady across the state.

Changes in Land Affordability

Iowa farmland affordability comparison between 2021 and 2023
Iowa farmland affordability comparison showing financing differences between 2021 and 2023.
Iowa farmland trends by crop reporting district across the state
Iowa farmland trends showing land values by crop reporting district across Iowa.

Iowa Land Values by CSR Score

Green represents 75–100 CSR, tan represents 50–75 CSR, and orange represents under 50 CSR.

Iowa farmland values by CSR score showing high, medium, and low quality land
Iowa farmland values by CSR score comparing high, medium, and low quality land across the state.

Farmland Acres Sold in Iowa

Iowa farmland acres sold per month comparing 2022 and 2023
Iowa farmland acres sold per month comparing annual sales activity between 2022 and 2023.

Farmland Values Across Iowa

Iowa farmland values across the state by month
Iowa farmland values across the state showing monthly price trends.

Our Commitment to Iowa Landowners

Our mission is simple. We serve as trusted advisors for landowners, buyers, and investors. Our obligation is to market your farmland to the largest possible audience and deliver the most successful outcome.

When you think of farmland, think of us.

David & Ann Whitaker |

Iowa Land Guy

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