statewide average $3,908
DESCRIPTION
Iowa Land Value Survey 2007 Dr. Michael Duffy, Extension Economist Dr. Darnell Smith, Research Associate. Statewide Average $3,908. Up 22.0% Up $704. High Grade Land $4,686. Up 22.2% Up $851. Medium Grade Land $3,667. Up 21.8% Up $655. Low Grade Land $2,656. Up 21.0% Up $460. - PowerPoint PPT PresentationTRANSCRIPT
Iowa Land Value Survey
2007 Dr. Michael Duffy, Extension Economist
Dr. Darnell Smith, Research Associate
Statewide Average
$3,908
Up 22.0%
Up $704
High Grade Land
$4,686
Up 22.2%
Up $851
Medium Grade Land
$3,667
Up 21.8%
Up $655
Low Grade Land
$2,656
Up 21.0%
Up $460
Northwest
$4,699Up 24.2%
High $5,313Medium $4,385Low $3,210
North Central
$4,356Up 25.3%
High $4,807Medium $4,026Low $3,125
Northeast
$4,055Up 27.2%
High $4,859Medium $3,777Low $2,853
West Central
$4,033Up 18.3%
High $4,804Medium $3,796Low $2,738
Central
$4,529Up 21.9%
High $5,261Medium $4,194Low $3,004
East Central
$4,272Up 14.7%
High $5,073Medium $4,005Low $2,928
Southwest
$3,209Up 24.4%
High $3,989Medium $3,047Low $2,175
South Central
$2,325Up 20.7%
High $3,231Medium $2,296Low $1,583
Southeast
$3,463Up 21.4%
High $4,625Medium $3,270Low $2,131
2007 Average Values
Dollar ValuesLess than $3,500$3,500 - $3,999$4,000 - $4,500More than $4,500
Average Values All Grades1950-2007
Average Values Adjusted for Inflation, 2007 Dollars
Percentage Changes
Percentage ChangeIncreased up to 20%Increased 20.1 to 22.5%Increased 22.6 to 25.0%Increased 25.1% or more
Percentage Change from Previous Year, 1951-2007
Percentage Change Adjusted for Inflation, 2007 Dollars
Positive Factors Affecting Land Values
Positive Factors Affecting Land Values, 2003-2007
Who Purchased Farmland
Change in Sales Activity from Previous
Year
For More Information
Visit our Web Page atwww.extension.iastate.edu/landvalue/