2022 ISU Land Value Survey Results

in conjunction with Iowa State University Extension and Outreach

The 2022 Iowa State Land Value Survey shows the average value of an acre of farmland jumped 17%, or $1,660, to $11,411 per acre. The nominal value of an acre of farmland is again higher this year than at any point since Iowa State University began surveying values in 1941. When adjusting for inflation, the 2022 average value surpasses the previous inflation-adjusted record value set in 2013 for the first time.

While inflation was a major factor that drove the increase last year, it did not play as much of a factor as commodity prices, limited land supply, and low interest rates through summer 2022 did this year.

If you have any questions or comments about the 2022 survey, please contact Dr. Rabail Chandio at rchandio@iastate.edu or call the office at 515-294-6181.

2022 Land Value Survey News Conference

The results of the 2022 land value survey were announced by Dr. Zhang at a news conference on Tuesday, December 13. The full 60 minute-long news conference video is at the bottom of this page. Additional materials from the news conference are available below.

Three minute highlights of the 2022 survey results

2022 Land Value Survey Resources

Full 60 minute-long 2022 news conference video