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The Land Trends and Value Survey, presented by the Iowa Farm and Land Chapter #2 REALTORS Land Institute, reported no increase or decrease in cropland values on a statewide average for the March 2020 to September 2020 period. Combining this stable period with the 0.1% increase reported in March 2020 indicates a statewide average increase of 0.1% from September 1, 2019 to September 1, 2020.
In our East Central district, high quality cropland is selling at $10,355 per acre, or at the second highest rate in the state. This is up slightly from the value reported in March, 2020. Timber is selling at an average of $2,627 per acre. "Low interest rates and the resurgence of investor buyers have helped maintain land values. A good harvest and some strength in the commodit...
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