2017 Average Land Values by County

According to the 2017 ISU Land Values Survey, the average value for all qualities of Iowa farmland in 2017 rose slightly to $7,326/acre. This 2% increase follows three years of decline. High, medium and low quality land grades all saw slight increases and averaged $8,933, $6,849, and $4,689, respectively.

Decatur County had the lowest average farmland value in 2017 at $3,480/acre, and several other counties in southern Iowa such as Appanoose, Wayne, and Lucas also saw average values below $4,000/acre. Scott County had the highest average farmland value in 2017 at $10,497/acre. Sioux and O’Brien counties also had an average farmland value over $10,000/acre in 2017. Allamakee County and Clayton County had the largest percent increase from 2016 to 2017 at 4.7%, and the largest percent decline was in Page County at -0.4%.

Click on your county in the interactive map below to see how land values have changed from 1950 to 2017.

Michelle Mensing is a Research Analyst with Decision Innovation Solutions (DIS). DIS is an Iowa-Based economic research firm which provides regular farm economics research and analysis to the Iowa Farm Bureau staff and members.

Want more news on this topic? Iowa Farm Bureau members may subscribe for a free email news service, featuring the farm and rural topics that interest them most!