Landwatch
October 2024 Recent Farmland Sales
COLORADO, Kit Carson County. A 1,280-acre farm with a wind turbine sold for $2.04 million, or $1,594 per acre. It was divided into four parcels around 320 acres in size. Three parcels are currently in winter wheat production, while one is in buffalograss, although it could be converted to crops or fenced as pasture. Contact: Gail Harvey, Farm and Ranch Realty Inc.; frr@frrmail.com, 719-688-5308; https://www.frrmail.com/…
ILLINOIS, Champaign County. Two contiguous 80-acre fields brought $2.67 million at auction in August, an average of $16,688 per acre. The pattern-tiled farms boast productivity indexes of 139.7 and 141.2. The first tract sold for $17,400 per acre, while the second sold for $16,000. Contact: Elizabeth Strom, Murray Wise Associates LLC; liz@mwallc.com, 800-607-6888; https://murraywiseassociates.com/…
IOWA, Clarke County. Four tracts of pasture and recreational timber totaling 573 acres sold at hybrid auction for just shy of $2.5 million, or $4,363 per acre. The four contiguous parcels varied in size from 278 acres to 40 acres, all containing a mix of timber and pasture, as well as several streams and ponds. The smallest tract produces hay and includes a corral. The largest tract has a 40- x 80-foot open-front building. Deer and turkey hunting is excellent across the property. Contact: Mark Gannon, Gannon Real Estate and Consulting; info@gannonre.com, 515-291-5942; https://www.gannonre.com/…
MICHIGAN, Branch County. A 251-acre farm with tillable farmland, hayfields, two homes and recreational land sold for $2.35 million, or $9,363 per acre. The first three tracts, which include one of the homes and most of the hayfields, sold for an average of $8,724 per acre. The fourth tract, which is land-locked without road access, sold for $7,697 per acre. The fifth and sixth tracts include a home and 73 acres of tillable farmland, mature timber and marshland. It sold for $11,818 per acre. Contact: Kevin Jordan, Schrader Real Estate and Auction Co.; auctions@schraderauction.com, 800-451-2709; https://www.schraderauction.com/…
MISSOURI, Sullivan County. Smithfield sold a 1,371-acre property at auction in early August for $5.64 million, or an average of $4,114 per acre. The farm contains 653 tillable acres, all planted to soybeans in 2024, as well as cattle pastures and timber draws. It includes a 27-acre lake, multiple ponds and three lagoons that are being converted into freshwater ponds. Cropland on seven tracts will benefit from a nutrient spread agreement while the lagoons transition. The previous containment buildings have been removed, but concrete pads remain. The property sold in 10 tracts to three groups: a husband and wife, a partnership and an assortment of Amish buyers, some local and some from Wisconsin. Contact: Jeff Propst, Whitetail Properties Real Estate; jeff.propst@whitetailproperties.com, 217-285-9000; https://www.whitetailproperties.com/…
NEBRASKA, Madison and Platte Counties. Three dryland tracts containing 310 acres sold in an online auction for $2.55 million, or $8,226 per acre. The first tract, at 154 acres, in Platte County sold for $8,750. The second tract was 82.5 acres, equally split between crop and hay production. At 73 acres, the third tract, in Madison County, is the smallest but commanded the highest per-acre price at $9,200 per acre. Contact: Jim Stock, Big Iron Realty; contact@bigironrealty.com, 402-920-0604; https://www.bigiron.com/…
OHIO, Paulding County. A 61-acre farm sold for $850,000 at hybrid auction for an average of $13,934 per acre. The level, tillable farm is mostly Hoytville Silty Clay. Contact: Jerry Ehle, Schrader Real Estate and Auction Co.; auctions@schraderauction.com, 866-340-0445; https://www.schraderauction.com/…
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-- These sales figures are provided by the sources and may not be exact because of rounding.
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