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Iowa Land Value Survey 2007 Dr. Michael Duffy, Extension Economist Dr

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Presentation on theme: "Iowa Land Value Survey 2007 Dr. Michael Duffy, Extension Economist Dr"— Presentation transcript:

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

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

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

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

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

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

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

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

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

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

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

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

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

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

15 2007 Average Values Dollar Values Less than $3,500 $3,500 - $3,999
$4,000 - $4,500 More than $4,500

16 Average Values All Grades

17 Average Values Adjusted
for Inflation, 2007 Dollars

18 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

19 Percentage Change from Previous Year, 1951-2007

20 Percentage Change Adjusted for Inflation, 2007 Dollars

21 Positive Factors Affecting Land Values

22 Positive Factors Affecting Land Values, 2003-2007

23 Who Purchased Farmland

24 Change in Sales Activity from Previous Year

25 For More Information Visit our Web Page at


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