Updated November, 2023
Farmland Value Survey (REALTORS® Land Institute)
The REALTORS® Land Institute - Iowa Chapter releases results of its Iowa Land Trends and Values Survey in March and September each year. The REALTORS® Land Institute is an affiliate of the National Association of REALTORS® and is organized for REALTORS® who specialize in farm and land sales, management and appraisal. Participants in the survey are specialists in farmland and are asked for their opinions about the current status of the Iowa farmland market.
For each survey release, participants are asked to estimate average values of farmland as of the first day of the month the survey is released. The estimates are for bare, unimproved land with the sale price on a cash basis. Pasture and timber land values are also requested as supplemental information.
The most recent survey of estimated land values is available in the "pdf" file that you can access by clicking here. Tables showing historical data, for Iowa and by Crop Reporting District, starting in 2003 are available in the accompanying Decision Tool file or through the icon above.