Grundy County farmland sale sets a new record in Iowa, beating high set in 2012
BPC Staff Sep 3, 2021 | 8:03 pm
<1 min read time
88 wordsAll Latest News, Real Estate and Development, Statewide NewsDes Moines Register: Farmland prices hit a new statewide high last week, with 78 acres in northeast Iowa selling for $22,600 an acre, a record set thanks in part to stronger corn and soybean prices so far this year. An investor purchased the land on Aug. 27. The sale price beats a 2012 record in Sioux County of $22,300 an acre, said Jim Rothermich, a vice president at Iowa Appraisal and Research Corp. in Des Moines. The average value of Iowa farmland was $7,559 an acre in 2020.
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