Iowa Farmland Values

Current Trends in the Iowa Farmland Market Farmland conversations often raise questions, especially when people hear about rising interest rates and predictions of a market slowdown. However, from our perspective, there has been no indication of declining demand. In fact, more acres are coming to the market, and prices continue to remain steady—or even increase. […]
Should you do an Auction or Listing?

You have finally made the decision to sell your farmland. Now, the next big question is how you should sell it. In most cases, landowners choose between two primary options: a traditional listing or an auction. Listing Farmland the Traditional Way Listing farmland is the most common and familiar approach. This method involves setting a […]
A New 2022 State Record was set at Auction by Whitaker Marketing Group

Thirty-eight acres of farmland sold in Sioux County for $23,000 per acre, or $24,498.60 per tillable acre. This sale highlights how multiple factors continue to influence Iowa farmland prices. “There are a multitude of factors that impact farmland prices,” said David Whitaker of Whitaker Marketing Group. “However, competitive bidding and utilizing the auction method of […]
Lots of Land Moving

March is here, and with it comes the push toward planting season. Over the past month, the Iowa farmland market has experienced several moving parts that continue to shape buyer and seller behavior. Notably, Iowa sold more acres in February 2022 than in February 2021—a year that was already considered strong. Since January, we have […]
Iowa Farmland Market Update – January 2022

As we move toward spring, a healthy amount of farmland will continue to come to market. We are seeing sellers and real estate companies work aggressively to accelerate listings in order to capitalize on today’s strong land prices. Now that the dust has settled on 2021, farmland values continue to move forward. While prices may […]
2021 Land Prices – Forged in Farmland – Fueled with Emotion!

Why Farmland Carries More Emotion Than Any Other Asset I have sold all kinds of assets throughout my career, and I still say this with confidence: there is more emotion in farmland than any other asset I have ever sold. Notably, farmland did not back down in 2021, and that forward momentum is carrying into […]
Iowa Land Auction Prices, December 11-17, 2021

Sioux County Leads Iowa Farmland Sales to Close Out 2021 Sioux County earned top honors this week with six farmland sales ranging from $20,100 to $25,100 per acre, once again demonstrating strong demand for high-quality Iowa farmland. Honorable Mentions and Final Auction Activity Dallas County received honorable mention with a notable sale reaching $16,625 per […]
Iowa Land Auction Prices, December 4-10, 2021

Another Week of Iowa Farmland Sales Above $20,000 Per Acre Another week of aggressive farmland sales has pushed values above $20,000 per acre once again. This continued strength reflects sustained demand for high-quality Iowa farmland, even as the calendar moves deeper into the auction season. Top Iowa Farmland Sales This Week Lyon County took top […]
Iowa Farmland Market – Update November 2021

The Perfect Storm: What Is Driving Iowa Farmland Values? Over the past 12 months, Iowa farmland values have increased rapidly. Rather than one single factor pushing the market, it has been a perfect storm of multiple forces coming together at the same time. Multiple Factors Fueling Rising Farmland Prices The chain reaction began with COVID, […]
Iowa Farmland Market – Update October 2021

Hotter Than a Two-Dollar Pistol: Land Is on the Move There is an incredible amount of farmland changing hands across Iowa. When you look at the age of Iowa landowners, the next decade alone is projected to see roughly 1,000 acres per county transfer ownership. That level of movement is reshaping the farmland landscape statewide. […]