Northwest Iowa Farmland Sells for More Than $22,000 an Acre

39.7 acres in Plymouth County, Iowa

Date: Feb. 6, 205

Price: $22,600

Corn Suitability Rating Index (CSR2): 79.3

Farmland in northwest Iowa sold for $22,600 per acre, with a per-tillable acre price of $23,780, and a CSR2 value of $300 per point. The farm consisted of 39.7 gross acres, with 37.73 tillable acres featuring high-quality soil types. The auction was conducted on-site, with full possession granted at closing, making the land immediately available for the 2025 crop year. The final sale price, just under $900,000, reflects the strong demand for quality farmland in Plymouth County with excellent soil ratings, location, and topography. 

204.68 acres in Adams County, Illinois, and Lewis County, Missouri

Date: Feb. 10, 2025

Price: $2.5 million

The Pontius Land Auction featured 204.68 acres across five tracts in neighboring counties on opposite sides of the Mississippi River. The auction attracted competitive bidding, resulting in a total sale price of $2,468,513. The individual tract prices were as follows: Tract 1 sold for $14,100 per acre; Tract 2 sold for $10,700 per acre; Tract 3 sold for $17,700 per acre; and Tract 4 sold for $9,600 per acre. Tract 5, a Mississippi River lot north of Canton, Missouri, sold for a lump sum of $7,100.

80 acres in Sioux County, Iowa

Date: Jan. 28, 2025

Price: $19,400 per acre

CSR2: 88.3

A northwest Iowa farm sold for $19,400 per acre, with a per-tillable acre price of $19,967, and a CSR2 value of $226 per point. The farm consisted of 80 gross acres, with 77.73 tillable acres featuring high-quality soil types. The final sale price, just under $1.6 million, reflects the strong demand for productive farmland in Sioux County with excellent soil ratings, location, and topography, making it a valuable asset for investors and operators.

101.63 acres in Stephenson County, Illinois

Date: Jan. 21, 2025

Price: $25,500 per acre

A northern Illinois farmland auction saw two tracts sell at different price points, reflecting their varying characteristics. 

Tract 1, a 101.63-acre parcel of high-quality, productive farmland, sold for $12,500 per acre, demonstrating strong demand for well-drained, fertile soils ideal for row crop production. This tract featured prime tillable acreage, with excellent soil productivity and accessibility, making it a valuable asset for farmers and investors. Tract 2, a 48.33-acre parcel, sold for $4,350 per acre, a price reflecting its lower soil productivity or potential alternative uses. The auction, conducted by Peoples Co., highlighted the premium placed on high-quality, high-yield farmland in Stephenson County, with buyers recognizing the long-term investment potential of agricultural land in the region.