Recent Iowa Land Sales Could Indicate Increasing Values

October 31, 2017 11:59 AM

Farmers remain the top buyers of farmland and a few recent sales in Iowa show farmland values could soon be on the rise.

Last week in Story County, a 787-acre parcel of land was sold for an average of $10,770 dollars an acre, nearly $1,000 more than what the realtor expected for the ground in central Iowa.

A sale in Plymouth County in the northwestern corner divided the land into two tracts. The first 40 acres cashed in at $15,200 per acre while the left over 157 acres was sold for $14,600 an acre.

Watch the full story on AgDay above.

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Spell Check

Jerry Townsend
Ankeny, IA
11/4/2017 05:44 AM

  More misleading propaganda being spread by Farm Journal. The Story County 700+ acres were purchased by a previous John Deere dealer who just sold out and needed a 1031 exchange on the money from the sale, not by a farm operation. "Farmers remain the top buyers of farmland" There's the misleading part of this story.

Frankfort, IN
10/31/2017 05:55 PM

  Someone must have hit the lottery and had money to burn. Farming will never pay for that land.

wayne, NE
10/31/2017 06:11 PM

  Plymouth County Iowa is full of Dutchmen that have overpaid for ground consistently. Try south central Iowa sales and post that on this site.


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