2014 ISU Land Value Survey Results

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. This year, Michael Duffy, a retired Iowa State University extension farm management specialist and emeritus professor of economics, has helped transition responsibility for the survey from extension to the Center for Agricultural and Rural Development.

The results of the 2014 survey show that the statewide average value of farmland fell by 8.9 percent ($773 per acre) from last year’s historically high average. The average estimated value of Iowa farmland is now about $7,943 per acre.

2014 Land Value Survey News Conference

The results of the 2014 land value survey were announced by Dr. Duffy at a news conference on Thursday, December 18. Additional materials from the news conference are available below.

2014 Land Value Survey Resources