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
$4,699
Up 24.2%
High
$5,313
Medium $4,385
Low
$3,210
North Central
$4,356
Up 25.3%
High
$4,807
Medium $4,026
Low
$3,125
Northeast
$4,055
Up 27.2%
High
$4,859
Medium $3,777
Low
$2,853
West Central
$4,033
Up 18.3%
High
$4,804
Medium $3,796
Low
$2,738
Central
$4,529
Up 21.9%
High
$5,261
Medium $4,194
Low
$3,004
East Central
$4,272
Up 14.7%
High
$5,073
Medium $4,005
Low
$2,928
Southwest
$3,209
Up 24.4%
High
$3,989
Medium $3,047
Low
$2,175
South Central
$2,325
Up 20.7%
High
$3,231
Medium $2,296
Low
$1,583
Southeast
$3,463
Up 21.4%
High
$4,625
Medium $3,270
Low
$2,131
2007 Average Values
Dollar Values
Less than $3,500
$3,500 - $3,999
$4,000 - $4,500
More than $4,500
Average Values All Grades
1950-2007
Average Values Adjusted
for Inflation, 2007 Dollars
Percentage Changes
Percentage Change
Increased 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 at
www.extension.iastate.edu/landvalue/