The strength of farmland prices in 2021 have been remarkable. Farmland values have been driven by a variety of factors: high commodity prices, historically low interest rates, strong demand from farmers, and increased demand for real assets. There has been an increase of institutional investors migrating towards farmland in the past 12 months in Iowa. With inflation on the rise smart money is being placed into Midwest farmland as an inflation hedge capturing the appreciation farmland has always carried. With farmland being historically one of the most stable investments, the stock market showing its volatility and COVID relief payments to farmers and business owners there has been an influx of money chasing the current land market. With demand outweighing supply.

The Iowa land market saw and astonishing increase of 29% in 2021. Some key factors triggering this rise in value are low interest rates, low inventory, strong commodity prices & Inflation. There has never been a better time as a seller to capture these record high prices. I had the opportunity within the last year to break two county land records and a top sale in Washington County of $16,600/Acre.

Of the 365,200 Acres in Washington County, IA the average price per acre in 2021 according to the “Iowa State Land Values Survey” was $10,332/Acre compared to $8,386 in 2020. The Average CSR2 “Corn Suitability Rating” is 68 and the average cash rental rate in Washington County was $235/Acre.

In 2021 I was fortunate enough to help families navigate and sell 2,196 Acres in 8 different counties for a total of $16,473,633. If you are interested in buying or selling land, please reach out to Riley Sieren for a free Valuation/Proposal of your propert!