Friday, October 7, 2011

NPR Planet Money Reports $9,494 per Acre for Iowa Farmland Plus More Sky High Sales Prices For You

Here's an NPR story reporting on an Iowa farmland sale of 158 acres of corn field selling for $1.5 million, which, according to my calculator equals 9,494 dollars per acre ... (story here)

Here are some other recent Iowa farmland sales prices:
  • Linn County, IA - (October) - 46 acres sold for $404,800 ($8,800/A)
  • Story County, IA - (September) - 158 acres sold for $1,564,200 ($9,900/A)
  • Cerro Gordo County, IA - (September) - 116 acres sold for $841,000 ($7,250/A)
  • Scott County, IA - (September) - 73 acres sold for $525,600 ($7,200/A)
  • Cedar County, IA - (September) - 60 acres sold for $516,000 ($8,600/A)
  • Guthrie County, IA - (September) - 440 acres sold for $3,432,000 ($7,800/A)
  • Dallas County, IA - (September) - 206 acres sold for $1,565,600 ($7,600/A)
  • Cerro Gordo County, IA - (September) - 40 acres sold for $300,000 ($7,500/A)
  • Cerro Gordo County, IA - (September) - 77 acres sold for $639,100 ($8,300/A)
  • 72.8 acres sold for $538,720 ($7,400/A)
  • Linn County, IA - (September) - 120 acres sold for $882,000 ($7,350/A)
  • Polk County, IA - (September) - 158 acres sold for $1,414,100 ($8,950/A)
  • Dallas County, IA - (September) - 160 acres sold for $1,520,000 ($9,500/A)
  • Wright County, IA - (September) - 320 acres sold for $2,248,000 ($7,025/A)
  • Warren County, IA - (September) - 78.03 acres sold for $671,058 ($8,600/A)
  • Franklin County, IA - (September) - 120 acres sold for $1,086,000 ($9,050/A)
Well, I think you get the picture by now...

1 comment:

  1. from Kevin van Tramp at FarmDirection.com
    "Heard a 160 acres up in Northwest, IA went for $16,750 per acre...WOW!" I think there are more sales in the 11-12k range.

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