Iowa Farmland Values Increase - News and Weather For The Quad Cities -

Iowa Farmland Values Increase

Updated:
  • Most Popular StoriesMost Popular StoriesMore>>

  • IL Lawmakers Aim To Ban The Sale Of Microbeads

    IL Lawmakers Aim To Ban The Sale Of Microbeads

    Saturday, April 19 2014 7:55 PM EDT2014-04-19 23:55:32 GMT
    A measure working its way through the Illinois General Assembly would ban the sale of micro-beads in the state.More >>
    A measure working its way through the Illinois General Assembly would ban the sale of micro-beads in the state.
    More >>
  • Verdict of Davenport Vehicle Homicide Case

    Verdict of Davenport Vehicle Homicide Case

    Friday, April 18 2014 10:32 PM EDT2014-04-19 02:32:10 GMT
    DAVENPORT, IA -- A Scott County Jury deliberated on whether a man should be held responsible for a pedestrian death. The trail against driver, Dale Varner, happened this week. In September 2012, VarnerMore >>
    DAVENPORT, IA -- A Scott County Jury deliberated on whether a man should be held responsible for a pedestrian death. The trial against driver, Dale Varner, happened this week. In September 2012, VarnerMore >>
  • First Alert Weather 24/7

    KWQC 24/7 Weather

    KWQC 24/7 Weather is our 24 hour weather channel.  It's available here at KWQC.com, on Mediacom Channel 247 (in the Quad Cities), over the air on Digital 6.2 or you can call your local cable company...More >>
    KWQC 24/7 Weather is our 24 hour weather channel.  It's available here at KWQC.com, on Mediacom Channel 247 (in the Quad Cities), over the air on Digital 6.2 or you can call your local cable company to ask for KWQC 24/7 Weather.More >>

Iowa farmland values increased 10.6% and the value continues to be on the rise, but slowing a bit according to the Iowa Farm and Land Chapter #2 Realtors Land Institute.

They reported that the statewide average increase of cropland values of 10.6% for the year from September 1, 2012 to September 1, 2013. This follows an average increase of 18.5% for the year from September 2011 to September 2012; and an average increase of 32.6% for the year from September 2010 to September 2011.

Overall, the strong upward movement in land prices has leveled out even though we have seen growth in values over the past six months especially in the East Central District, which covers much of the local market area.

"Clearly the decrease in commodity prices and the potential for highly variable yields are slowing the increases in land value especially in medium to lower quality farms," said Eric Schlutz, Realtor with Ruhl Farm&Land and Muscatine Manager for Ruhl&Ruhl REALTORS. 

The survey also attributed the current land values to an increase in long-term interest rates, 2013 growing conditions, a lack of stable alternative investments, large amounts of cash on hand and the limited amount of land on the market.