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Iowa State University Extension

Farmland value reaches historic $8,716 statewide average

Land Value Survey

Average Iowa farmland value is estimated to be $8,716 per acre, an increase of 5.1 percent from 2012, according to results of the Iowa Land Value Survey. Values increased in 2013 for the fourth year in a row and achieved historic peaks.

“The 2013 land value survey shows a market in flux, with strong and weak price sales occurring at the same time,” said Michael Duffy, Iowa State economics professor and extension farm management economist who conducts the survey.

This article appeared in December 2013 -- From Cathann Kress Newsletter