November 2025 Iowa Farmland Market Update
As the year approaches its final month, the November farmland numbers show a noticeable pullback across all land classes following a strong run through the fall. Even with the softening in values, the broader market remains healthy, and prices are still above where they stood one year ago.
Below is a closer look at how High-, Medium-, and Low-quality farmland performed this month compared to both last month and last year.
High-Quality Farmland
High-quality farmland moved from $14,349/acre in October to $13,604/acre in November.
Despite the month-over-month decline, today’s value still exceeds the $12,056/acre average from this time last year.
This remains a strong long-term trend, showing continued confidence in top-tier Iowa ground.
Medium-Quality Farmland
Medium-quality land adjusted from $10,136 → $9,384/acre this month.
Even with the pullback, prices remain comfortably above the $8,061 average from November 2024.
Medium-quality ground continues to track consistently and remains one of the most stable segments in the state.
Low-Quality Farmland
Low-quality ground saw the sharpest correction, moving from $7,022 → $6,006/acre.
Last year at this time, it averaged $7,626, putting this month’s number below the prior-year benchmark.
Variability in this category remains common, influenced by recreational demand, location differences, and non-tillable characteristics.
Auction Activity
With one month left in the year, auction volume tracks slightly below last year:
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2024 through November: 957 farmland auctions
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2025 through November: 884 farmland auctions
Even with fewer auctions compared to last year, interest remains steady and year-end activity continues to build momentum.
Final Thoughts
November brought a cooling effect to Iowa farmland values, but the long-term picture remains stable. High-quality land continues to outperform last year’s numbers, and medium-quality ground is still trending above 2024 levels. Auction activity and buyer engagement remain solid heading into the final month of the year.
To view the full market breakdown and ongoing updates, visit the link below:
Call us at 515-996-5263 https://www.wmgauction.com/
If you’d like to discuss what today’s market means for your farmland, our team is here to help.
