Iowa Land Value Survey 2008 Dr. Michael Duffy, Extension Economist Dr Iowa Land Value Survey 2008 Dr. Michael Duffy, Extension Economist Dr. Darnell Smith, Research Associate

Statewide Average $4,468 Up 14.3% Up $560

High Grade Land $5,381 Up 14.8% Up $695

Medium Grade Land $4,195 Up 14.4% Up $528

Low Grade Land $2,967 Up 11.7% Up $311

Northwest $5,395 Up 14.8% Up $696 High $6,150 Medium $5,023 Low $3,580

$4,950 North Central Up 13.6% Up $594 High $5,514 Medium $4,568 Low $3,408

Northeast $4,590 Up 13.2% Up $535 High $5,415 Medium $4,339 Low $3,296

$4,823 West Central Up 19.6% Up $790 High $5,752 Medium $4,537 Low $3,187

Central $5,280 Up 16.6% Up $751 High $6,076 Medium $4,919 Low $3,469

$4,743 East Central Up 11.0% Up $471 High $5,674 Medium $4,405 Low $3,214

Southwest $3,626 Up 13.0% Up $416 High $4,642 Medium $3,425 Low $2,298

$2,573 South Central Up 10.7% Up $248 High $3,586 Medium $2,527 Low $1,757

Southeast $3,913 Up 13.0% Up $449 High $5,346 Medium $3,721 Low $2,271

2008 Average Values Dollar Values Less than $4,000 $4,000 - $5,000 More than $5,000

Average Values All Grades 1950-2008

Average Values Adjusted for Inflation, 2008 Dollars

Percentage Changes Percentage Change Increased up to 12% Increased 12.1 to 14% Increased 14.1 to 16% Increased 16.1% or more

Percentage Change from Previous Year, 1951-2008

Percentage Change Adjusted for Inflation, 2008 Dollars

Positive Factors Affecting Land Values

Negative Factors Affecting Land Values

Who Purchased Farmland

Change in Sales Activity from Previous Year

For More Information Visit our Web Page at www.extension.iastate.edu/landvalue/