2025 Iowa State University Land Value Survey: Overview

December 2025 [25-WP 674]
Authors:
  • Rabail Chandio

Suggested citation

Chandio, R. 2025. “2025 Iowa State University Land Value Survey: Overview.” Working paper 25-WP 674. Center for Agricultural and Rural Development, Iowa State University.

Summary

Fluctuations in farmland values reflect shifting market conditions, influence farm financial stability, and inform policy decisions, making it essential to monitor them closely. Since 1950, the Iowa State University Land Value Survey has been the only data source that provides a county-level land value estimate for each of the 99 counties in Iowa. The 2025 Iowa State University Land Value Survey reported a 0.7% increase in average farmland values, bringing the statewide average to $11,549 per acre. The inflation-adjusted value, $8,475 per acre in 2015 dollars, represents a 1.8% decline, driven by continued pressure from lower commodity prices, rising input costs, and the lingering effects of elevated interest rates. Although limited land supply, strong yields, and steady demand from farmers and investors alike helped support the market, these positive factors were not enough to produce broad-based growth. Most crop reporting districts showed modest increases or slight declines, with the largest gains in the Northeast (+4%) and the sharpest decreases in the North Central (-2.6%) and Central (-2.0%) districts. Overall, the 2025 results reflect a year of adjustment in the farmland market and align with other surveys showing subdued or slightly declining values across the region.