Investors, lenders, and agriculture consultants have long been drawn to Iowa farmland for decades. The state’s exceptionally productive land makes it one of the most reliable regions for corn and soybean production. This consistency in crop yields offers valuable insight into market trends and emerging investment opportunities.
The GEFVI shows that Iowa farmland values have fallen 2.8 percent from their 2022 peak (and 1.7 percent QoQ). This contrasts slightly with the NASS data, which show climbing values since 2022 and a slightly lower current value per acre today.
The top five IA counties by average farmland value per acre are below:
Top 5 Iowa Farmland Counties
County Value / Acre, Q4 2024
As expected, these counties are largely (except Delaware) in the northwest of the state, known for its rich soil.
The bottom five counties are:
Bottom 5 Iowa Farmland Counties
County Value / Acre, Q4 2024
- Lucas County $5,736.45
- Decatur County $5,826.22
- Ringgold County $5,833.46
- Appanoose County $5,968.21
- Taylor County $6,086.73
Even though GEFVI and NASS report slightly different trends, Iowa remains a key state for understanding what’s next for U.S. farmland values. Regional variation, like the continued growth in northwest counties, amplifies the importance of local data when tracking market changes.
Our farmland valuations tool provides county-level and statewide farmland data to help investors and agriculture leaders make informed decisions. Look deeper into Iowa farmland value here.
