2015 Iowa Land Values

The September 2015 Iowa Chapter of Realtors Land Institute’s Land Trends and Values Survey came out this week. Cropland value fell 3.7% the last six months and 11.3% since September 2014.  Northeast Iowa was hit the harder than those in other regions in the last year, falling 15.1%. According to the new survey, high-quality cropland in Northeast Iowa had an average value of $9,385 per acre as of Sept. 1, compared to $11,128 a year earlier and $9,855 in March. Medium-quality cropland averaged $7,179 in the new report, compared to $8,311 in September 2014 and $7,302 in March … [Read more...]