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Published byAlbert Meadow
Modified over 2 years ago
Dr. Michael Duffy, Iowa State University Extension Economist Iowa Land Value Survey 2011
Statewide Average $6,708 up 32.5% up $1,644
High Grade Land $8,198 up 34.2% up $2,090
Medium Grade Land $6,256 up 31.5% up $1,498
Low Grade Land $4,257 up 26.8% up $900
Northwest $8,338 up 2.8% up $83 high $9,649 med $7,708 low $5,196 up 31.2% up $1983
North Central $7,356 up 28.0% up $1,610 high $8,601 med $6,713 low $4,900
Northeast $6,602 up 31.5% up $1,580 high $7,994 med $6,290 low $4,352
West Central $7,419 up 35.7% up $1,954 high $8,889 med $6,981 low $4,766
Central $7,781 up 31.9% up $1,880 high $9,332 med $7,029 low $4,848
East Central $7,110 up 30.5% up $1,664 high $8,675 med $6,510 low $4,671
Southwest $5,905 up 36.5% up $1,579 high $7,418 med $5,553 low $3,824
South Central $3,407 up 26.7% up $718 high $5,109 med $3,353 low $1,984
Southeast $5,705 up 32.8% up $1,409 high $7,721 med $5,468 low $3,335
AVERAGE VALUES all grades
PERCENTAGE CHANGE from previous year, % % % % % % % %
AVERAGE VALUES adjusted for inflation
PERCENTAGE CHANGE adjusted for inflation
2011 AVERAGE VALUES
POSITIVE FACTORS affecting land values
NEGATIVE FACTORS affecting land values
WHO PURCHASED farmland
WHO PURCHASED farmland
SALES ACTIVITY relative to previous year
sales activity from previous year CHANGE IN
SUMMARY 32.5% is highest percentage increase ever reported $6,708 is all-time high inflation adjusted average value An interesting time, many factors to watch Not a time to panic
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