Iowa Land Value · Overview
Iowa Farmland Value Portal BETA
Your One-Stop Web-Portal for Everything You Need to Know about Iowa’s Farmland Value
Dr. Wendong Zhang at Iowa State University Extension and Outreach and the Center for Agricultural and Rural Development is administering the 2016 ISU Iowa Land Value Survey. This survey will be sent out to farm managers, appraisers, brokers, agricultural lenders and other agricultural professionals via paper and an online survey on November 1.
A news conference will be held at 10:30 a.m. on Tuesday, December 13 to announce the results of the 2016 Iowa Land Value Survey conducted by the Center for Agricultural and Rural Development (CARD) at Iowa State University and Iowa State University Extension and Outreach. This year’s conference will take place in the Horton Room of the ISU Alumni Center, located on the ISU campus in Ames.
For those who can’t attend the conference, a livestream will be available on YouTube. During the livestream you may submit questions to our Twitter account, @CARD_ISU, using the hashtag #ISUlandvalue. Questions will be addressed following Dr. Zhang’s presentation.
Overview of ISU Land Value Survey
Since 1941, Iowa State University has conducted an annual land value survey to collect and analyze information on land values in each of Iowa’s 99 counties. In 2015, Dr. Wendong Zhang, an assistant professor of economics, took over responsibility as lead researcher on the project.
This newly developed, interactive web portal provides an intuitive way for landowners, producers, agricultural professionals, and policymakers to learn more about the farmland market in Iowa and the Midwest. In particular, it offers the following functions and tools:
Current Results — the most recent results from the annual Iowa State University Land Value Survey. The 2016 results will be announced on December 13th.
Charts — a comparison of land value trends across regions, data sources, and over time.
Interactive County Maps — spatial visualization of land value and changes in land value for each of the 99 counties in Iowa.
Downloads — datasets on land value trends from ISU, USDA, Federal Reserve and Realtor Land Institute.
FAQ — answers to commonly asked questions regarding the ISU Land Value Survey and the farmland market in general.
Recent Updates on Iowa Farmland Values
November AgLetter — Federal Reserve Bank of Chicago November AgLetter reports a 5% decline in Iowa farmland values from October 2015 to October 2016.
Additional Data Sources on Land Value and Auction
RLI Survey (Last update: September 2016)
Chicago Fed Survey — 7th district (Last update: August 2016)
USDA NASS Survey (Last update: August 2016)
Hertz Auctions (updated periodically since November 2011)
Farmers National Auctions (updated periodically since January 2011)
Peoples Company Auctions (last update: September 2015)
NCREIF farmland returns (updated quarterly)
Peak Soil Index (State-level index updated daily since February 2005)
AcreValue from Granular
What’s Your Farm Worth from Peoples Company
Terva, a start-up company providing information on Iowa farmland sales