Web23 jun. 2024 · “Farmland prices in Iowa for 2024 were up 29% on average, an increase of $2,193 per acre, with a total average value across the state of $9,751,” says Wendong Zhang, Iowa State University Extension economist, referring to information based on the U.S. Census of Agriculture estimates from 2024 over 2024. Web16 aug. 2024 · Cost Of An Acre In Each State Research Summary. The state with the cheapest land in the U.S. is Wyoming, where one acre costs an average of $1,558. The state with the most expensive land in the U.S. is New Jersey, where one acre costs a whopping $196,410. The average acreage of property in the U.S. is 10,871 square feet, …
2024 Farmland Value Survey Iowa State University
Web29 dec. 2024 · One year after skyrocketing 29%, the average value of an acre of Iowa farmland jumped another 17%, or $1,660, to $11,411 per acre. The nominal value of an acre of farmland is again higher this year than at any point since Iowa State University began surveying values in 1941. The 2024 Iowa State University Land Value Survey reported a 17.0% increase to $11,411 per acre in average Iowa farmland values from November 2024 to November 2024. This surge continues the trend from last year, and the $11,411 per acre nominal land values is the highest-ever since the 1940s. Meer weergeven The survey was initiated in 1941 and is sponsored annually by Iowa State University. Only the state average and the district averages are based directly on ISU survey data. … Meer weergeven The survey is intended to provide information on general land value trends, geographical land price relationships, and factors … Meer weergeven Of the 624 respondents, 62 percent completed the survey online. Online responses allow participants to provide estimates for up to 15 counties. A web portal has … Meer weergeven The survey is an expert opinion survey based on reports by licensed real estate brokers, farm managers, appraisers, agricultural … Meer weergeven filmis clock
Farmland Value Survey Ag Decision Maker - Iowa State University
Web14 dec. 2024 · Driven by strong yields and high corn and soybean prices, Iowa farmland values skyrocketed 29% this year, averaging $9,751 an acre, the highest in 80 years before adjusting for inflation, a new... Web12 jan. 2024 · Medium-quality land now averages $9,071 per acre, an increase of 27.4% or $1,953 per acre. High-quality land now averages $11,834 per acre, an increase of 30.5% or $2,766 per acre. The Northwest district reported the highest values for low-, medium- and high-quality land at $8,088, $11,042 and $13,997 per acre, respectively. Web11 mrt. 2024 · The old man was interested in an 80-acre parcel that was top-grade Iowa farmland. It had no creeks or sandy knolls to deal with. There was a small waterway, but it only took up 2 acres. The bidding started at $13,000 but it ended up a little over $19,000. The old farmer had placed a bid in the $16,000 range and then quit. grouse lakes area