Iowa Land Value Survey 2007 Dr. Michael Duffy, Extension Economist Dr Iowa Land Value Survey 2007 Dr. Michael Duffy, Extension Economist Dr. Darnell Smith, Research Associate

Statewide Average $3,908 Up 22.0% Up $704

High Grade Land $4,686 Up 22.2% Up $851

Medium Grade Land $3,667 Up 21.8% Up $655

Low Grade Land $2,656 Up 21.0% Up $460

Northwest $4,699 Up 24.2% High $5,313 Medium $4,385 Low $3,210

North Central $4,356 Up 25.3% High $4,807 Medium $4,026 Low $3,125

Northeast $4,055 Up 27.2% High $4,859 Medium $3,777 Low $2,853

West Central $4,033 Up 18.3% High $4,804 Medium $3,796 Low $2,738

Central $4,529 Up 21.9% High $5,261 Medium $4,194 Low $3,004

East Central $4,272 Up 14.7% High $5,073 Medium $4,005 Low $2,928

Southwest $3,209 Up 24.4% High $3,989 Medium $3,047 Low $2,175

South Central $2,325 Up 20.7% High $3,231 Medium $2,296 Low $1,583

Southeast $3,463 Up 21.4% High $4,625 Medium $3,270 Low $2,131

2007 Average Values Dollar Values Less than $3,500 $3,500 - $3,999 $4,000 - $4,500 More than $4,500

Average Values All Grades 1950-2007

Average Values Adjusted for Inflation, 2007 Dollars

Percentage Changes Percentage Change Increased up to 20% Increased 20.1 to 22.5% Increased 22.6 to 25.0% Increased 25.1% or more

Percentage Change from Previous Year, 1951-2007

Percentage Change Adjusted for Inflation, 2007 Dollars

Positive Factors Affecting Land Values

Positive Factors Affecting Land Values, 2003-2007

Who Purchased Farmland

Change in Sales Activity from Previous Year

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