Iowa Land Value: Most Current Results

  • Current Land Values
    • Federal Reserve of Chicago quarterly AgLetter in May 2017 reported a 1% increase in Iowa’s “good” farmland values from January 2017 to April 2017, which represents a 2% increase from April 2016 to April 2017.
    • Realtor Land Institute reported a 0.9% increase in Iowa cropland values from September 2016 to March 2017, which constitutes a 2.8% decline from March 2016 to March 2017.
    • Iowa State University Farmland Value Survey in December 2016 reported a 5.9% decline in average Iowa farmland values from November 2016 to November 2017.
    • U.S. Department of Agriculture June Area Survey reported a 1.9% decline in Iowa’s agricultural real estate values (land and building) from June 2015 to June 2016.
  • Expectations about Future Land Values

2016 Iowa Land Value Survey Results

in conjunction with Iowa State University Extension and Outreach

Average Iowa farmland value has shown a decline for the third year in a row—the first time this has happened since the 1980s farm crisis—and is now estimated to be $7,183 per acre. The statewide per acre value declined $450, or 5.9 percent, since November, 2015. Farmland values hit a historic high in 2013, but have steadily declined since then. The statewide average value for an acre of farmland is now about 17.5 percent lower than 2013 values.

2016 Land Value Survey News Conference

The results of the 2016 land value survey were announced by Dr. Zhang at a news conference on Tuesday, December 13. The full 90 minute-long news conference video is at the bottom of this page. Additional materials from the news conference are available below.

Three minute highlights of the 2016 survey results

2016 Land Value Survey Resources

Full 90 minute-long 2016 news conference video