November 2024 Land Market Update

As 2024 comes to a close, the farmland market is presenting a range of opportunities for buyers, sellers, and investors alike. Across Iowa and the Midwest, we’re seeing trends that highlight the diversity and resilience of this ever-important market.

Stability in Key Regions

Some areas remain as reliable as ever, offering steady markets that provide confidence for those looking to buy or sell. These regions continue to be a cornerstone of farmland investment, with consistent values and proven performance.

Emerging Opportunities in Evolving Markets

Meanwhile, other areas are experiencing a slight dip, which is creating exciting chances for strategic buyers. These shifts are uncovering hidden potential, where savvy investors can capitalize on the evolving landscape.

Why Location Matters

This blend of stable regions and shifting markets underscores the importance of understanding location. Every piece of farmland tells a story, and knowing how to read the market trends in your area can make all the difference. Stable regions might appeal to those seeking long-term security, while areas with changing dynamics can offer a higher potential for growth.

Position Yourself for Success

Whether you’re looking to buy, sell, or invest, having the right guidance is key. The farmland market is diverse and full of opportunities, and understanding the trends can help you make the most of your decisions as the year wraps up.

Map of Iowa showing farmland price trends by crop reporting district from July 2024 to December 2024, including high, median, and low values per acre and CSR2.
Iowa farmland values by crop reporting district from July to December 2024, highlighting high, median, and low price trends across all regions.
Bar chart showing monthly average Iowa farmland sale prices from December through November, illustrating consistent value trends across the year.
Monthly average Iowa farmland prices from December to November, highlighting consistent market performance and steady land values throughout the year.
Bar chart comparing monthly auction totals for 2024 and 2023, showing year-over-year differences in auction activity across all twelve months.
Monthly auction counts for 2024 versus 2023, highlighting year-over-year changes in Iowa auction activity.
Line chart showing monthly high, median, and low Iowa farmland sale prices from November to December of the following year, illustrating 2024 market trends.
Monthly high, median, and low Iowa farmland prices from November through December of the next year, highlighting value trends across the 2024 market.

For a detailed breakdown of regional pricing and auction activity, check out the graphs below.
David & Ann Whitaker | Iowa Land Guy
When you think of Farmland Think of US!

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