Iowa Land Auction Prices, March 9-15, 2024
March 18, 2024
Top prices go to Webster County from two auctions with sales bringing $14,400/acre and $14,300/acre. Worth County takes honorable mention with a sale at $14,100/acre. We’re still seeing some “no sale” at auction. Sellers need to be educated that market conditions are adjusting to current economic conditions. Farm income is projected to be significantly lower than in the past three years. There is a direct correlation between farm income and land value.
Additional sale data (county specific) and monthly sale flyers for upcoming auctions are available here: PURCHASE additional land auction data
“That’s my story and I’m sticking to it!”
Jim “the Land Talker”
Jim Rothermich, MAI, ARA, ALC
Iowa Appraisal
theLandTalker@iowaappraisal.com ∣ @theLandTalker
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