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Iowa Land Value Survey 2008: Trends and Analysis

Explore the 2008 Iowa Land Value Survey findings by Dr. Michael Duffy and Dr. Darnell Smith. Discover the average land values and percentage changes across different regions and grades of land in Iowa. Gain insights into factors influencing land values.

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Iowa Land Value Survey 2008: Trends and Analysis

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  1. Iowa Land Value Survey2008Dr. Michael Duffy, Extension EconomistDr. Darnell Smith, Research Associate

  2. Statewide Average $4,468 Up 14.3% Up $560

  3. High Grade Land $5,381 Up 14.8% Up $695

  4. Medium Grade Land $4,195 Up 14.4% Up $528

  5. Low Grade Land $2,967 Up 11.7% Up $311

  6. Northwest $5,395 Up 14.8% Up $696 High $6,150 Medium $5,023 Low $3,580

  7. North Central $4,950 Up 13.6% Up $594 High $5,514 Medium $4,568 Low $3,408

  8. Northeast $4,590 Up 13.2% Up $535 High $5,415 Medium $4,339 Low $3,296

  9. West Central $4,823 Up 19.6% Up $790 High $5,752 Medium $4,537 Low $3,187

  10. Central $5,280 Up 16.6% Up $751 High $6,076 Medium $4,919 Low $3,469

  11. East Central $4,743 Up 11.0% Up $471 High $5,674 Medium $4,405 Low $3,214

  12. Southwest $3,626 Up 13.0% Up $416 High $4,642 Medium $3,425 Low $2,298

  13. South Central $2,573 Up 10.7% Up $248 High $3,586 Medium $2,527 Low $1,757

  14. Southeast $3,913 Up 13.0% Up $449 High $5,346 Medium $3,721 Low $2,271

  15. 2008 Average Values Dollar Values Less than $4,000 $4,000 - $5,000 More than $5,000

  16. Average Values All Grades 1950-2008

  17. Average Values Adjusted for Inflation, 2008 Dollars

  18. Percentage Changes Percentage Change Increased up to 12% Increased 12.1 to 14% Increased 14.1 to 16% Increased 16.1% or more

  19. Percentage Change from Previous Year, 1951-2008

  20. Percentage Change Adjusted for Inflation, 2008 Dollars

  21. Positive Factors Affecting Land Values

  22. Negative Factors Affecting Land Values

  23. Who Purchased Farmland

  24. Change in Sales Activity from Previous Year

  25. For More Information Visit our Web Page at www.extension.iastate.edu/landvalue/

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