Possible Record Price Paid For Farmland in Iowa

November 17, 2022 11:43am

Corn Field

There might be a new record price paid for Iowa agland.  Mark Zomer of Zomer Company Realth and Auction of Rock Valley handled the sale last Friday.  He says they had several bidders for the land, all of whom were local farmers.  He says the farm sold for $30,000 per acre, believing that might be a new record for the state of Iowa.  Last month, 53 acres of Plymouth County land sold for over 26-thousand dollars an acre between Marcus and Remsen. 


Zomer says the land sold Friday is highly rated cropland with a slight slope providing excellent drainage and has good soil types.  He says the parcel is virtually all tillable except for the road and ditch.  The buyer of the land is adding the 73 acres, located between Sheldon and Boyden, to an existing family operation.