undefined Agriculture Overview

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With more than 85% of its land devoted to farming in various applications, agriculture is clearly at the root of Iowa’s economy and culture. Iowa’s rich soil composition and favorable weather patterns make it an ideal place for growing most cash crops and raising livestock. Due to these qualities and more, Iowa farms are highly sought after, making it some of the most expensive farmland per acre in the nation. Iowa has consistently been ranked in the top 5 in the nation for agricultural production and exports since the year 2000 and ranks number 1 in exports of several commodities including Pork and Corn.

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Farmland Prices

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iowa Farmland Prices

Over the last 20 years, the price of farmland per acre in the iowa has risen by an average of 7.6% per year to $7,260 per acre as of 2019. This represents an increase of $5,320 per acre of farmland over this time period.

The values shown here only represent farmland appreciation. To view total farmland returns, including cash rent and land appreciation, see the Farmland Returns section.

$7,260

Current Price Per Acre

Value per Acre

Source: USDA

Created with Highcharts 7.2.019971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019$ 0$ 2000$ 4000$ 6000$ 8000$ 10000Highcharts.com

7.6%

Average Land Appreciation

Year Over Year Change (%)

Source: USDA

Created with Highcharts 7.2.019971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019-32 %-16 %0 %16 %32 %48 %Highcharts.com

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Additional Documents

If you are interested in seeing a list of documents that are helpful for selling your farm, please download it here.

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