A tract of farmland in northwest Iowa has set a new benchmark for land values in the state.
A 35.5-acre parcel northwest of Orange City sold at auction on December 1st for $32,000 per acre, totaling approximately $1.13 million. The sale marks the highest per-acre farmland price ever recorded in Iowa.
The transaction surpassed the previous state record of $30,000 per acre, which was also set in Sioux County in 2022.
According to auction information, the winning bid came from a neighboring landowner, who plans to continue farming the ground in corn and soybeans.
The property, located just northwest of Orange City, is considered prime farmland, with a high soil quality rating and nearly all acres classified as tillable. The land had been offered for sale through an on-site auction and was marketed as a smaller, high-quality tract in one of Iowa’s most productive agricultural regions.
The sale underscores the continued strong demand for top-tier farmland in northwest Iowa, particularly in Sioux County, which has now been home to the state’s two most expensive farmland sales on a per-acre basis.
This story is courtesy of Media Partner KTIV
