Iowa Farm Ground Prices are STILL Going Up!

According to AgWeb.com, Iowa’s farmland increased 10.8% between September, 2011, and March, 2012. The Iowa Farm and Land Chapter #2 REALTORS Land Institute (RLI) conducted a survey indicating a total statewide average increase of 23.7% for the year ending March 1, 2012, which was a combination of the previous gain of 12.9% reported in September and the increase made from then until March 1st. This survey reported a statewide average prices of the following types of crop ground: $9,370 /acre – high quality $7,148 /acre – medium quality $4,879 /acre – low quality $2,418 /acre – … [Read more...]

Iowa Farm Land Values

There has been a lot of talk lately about Iowa Land Values . The National Association of Realtors put together the chart and map below showing the increase of our land values and our state's unemployment rate. We are actually better off than many other states nationally. I thought I would just show you the recent trends. If you want to know local land prices, contact me today!! Iowa State University recently released land value trends in its state. The lag time between data release and conditions is almost a year, but the underlying trend is quite dramatic with land prices in many … [Read more...]