- KNIA / KRLS - http://kniakrls.com -

Average Farmland Prices in Iowa and Marion County

ISU Extension and Outreach reports that the average value of Iowa farmland is now estimated to be $8,716 per acre, an increase of 5.1 percent from last year. Values increased for the fourth year in a row and achieved historic peaks. Farmland values are $7,079 per acre in Marion County. Michael Duffy, Iowa State economics professor and the extension farm management economist who conducted the survey, says that the 2013 land value survey shows a market in flux, with strong and weak price sales occurring at the same time.