Notable Land Sales – Midwest

The following list is a summary of farm sales that occurred within the Compeer Financial territory within the past 60 days.  The sale data has been reviewed and analyzed by a Compeer Financial Real Estate Appraiser with information relied on by the specific broker or auctioneer, knowledgeable of the transaction.  

Illinois

$20,100 per acre: La Salle County, Hope Township

Sold via public auction on March 8, 2022. This 165.3-acre farm has approximately 156.58 acres of tillable land (94.5% tillable).  Average tillable cropland PI: 143.  Indicated dollars per PI: $148.03

$19,850 per acre: McLean County, West Township

Sold via public auction on March 3, 2022.  This 80-acre farm has approximately 78.3 acres of tillable land (97.9% tillable).  Average tillable cropland PI: 141. Indicated dollars per PI: $143.97

$23,400 per acre: McDonough County, Eldorado Township

Sold via public auction on April 19, 2022.  This 105.92-acre farm has approximately 104.68 acres of tillable land (98.8% tillable).  Average tillable cropland PI: 141. Indicated dollars per PI: $167.16

Iowa

 $16,900 per acre: Dubuque County, Taylor Township

Sold via public auction on March 2, 2022.  This 66.36-acre farm has approximately 65.13 acres of tillable land (98% tillable).  Average tillable cropland CSR2: 58.1. Indicated dollars per CSR2: $296.37 

$16,836 per acre: Bremer County, Sumner Township

Sold via public auction on March 2, 2022.  This 194.2-acre farm is nearly 100% tillable and has an average tillable cropland CSR2 rating of  87.5.   Indicated dollars per CSR2: $192.41 

$14,050 per acre: Green County, Paton Township

Sold via public auction on March 15, 2022.  This 160-acre farm has approximately 155.3 acres of tillable land (97.1% tillable).  Average tillable cropland CSR2 rating of 85.4  Indicated dollars per CSR2:  $168.97 

Wisconsin

$15,000 per acre: Grant County, South Lancaster Township

Sold in a private transaction with contract date estimated March 23, 2022.  This 155.1-acre farm has approximately 150 acres of tillable land (96% tillable).   Average tillable cropland PI: 89.2.   Indicated dollars per PI: $173.88

$10,000 per acre: Lafayette County, Willow Springs Township

Sold in a private transaction with contract date estimated April 12, 2022.  This 155.1-acre farm has approximately 150 acres of tillable land (96% tillable).   Average tillable cropland PI: 89.2.   Indicated dollars per PI: $173.88

Minnesota

$14,000 per acre: Mower County, Frankford Township

Sold via real estate broker via advertised listing.  Estimated contract date of March 18, 2022.  This 60-acre farm has approximately 57.63 acres of tillable land (96% tillable).  Average tillable cropland PI: 95.9.  Indicated dollars per PI: $152

$12,075 per acre: McLeod County, Lynn Township

Sold via public auction.  This 77.23-acre farm has approximately 75.46 acres of tillable land (97.7% tillable).   Average tillable cropland PI: 89.2.   Indicated dollars per PI: $138.50

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