Landwatch

March 2024 Recent Farmland Sales

Katie Micik Dehlinger
By  Katie Micik Dehlinger , Farm Business Editor
Per Acre Prices (Progressive Farmer)

ARKANSAS, Pulaski County. A farm with 779 total acres, 662 in cultivation, sold for $4.95 million, or $6,354 per seeded acre ($7,481 per tillable acre). The precision-leveled farmland, in Plum Bayou, includes four irrigation wells and three relift pumps. All irrigation is connected through extensive underground pipelines. Property has mixed soils of mostly Class II and Class III soils. The north end of the farm has much lighter soils, the south end heavier clay soils. The farm is leased to a local tenant and has a history of corn, cotton, rice and soybeans. Contact: Jeramy Stephens, National Land Realty; jstephens@nationalland.com, 870-672-3250; https://www.nationalland.com/…

GEORGIA, Toombs County. Vidalia Valley Farm sold for $2.977 million, or $7,351 per acre. The 405-acre property includes nearly 250 acres under irrigation and 56 dryland acres. It features four Zimmatic pivots, a 6-inch 30-hp well, two ponds and a 38,000-square-foot farm shop. Contact: Jason Williams, Plantation Properties and Land Investments; info@LandandRivers.com, 912-764-5263; https://www.landandrivers.com/…

ILLINOIS, McLean County. Three tracts of land encompassing 191 acres sold in an online auction for $2.862 million, averaging $14,984 per acre. The first two tracts, each around 77 acres, were primarily cropland and sold for $16,000 and $13,300 per acre. A 36-acre tract included a mix of cropland and mature timber, and sold for $16,300 per acre. Contact: Kevin Haas, Sullivan Auctioneers; sold@sullivanauctioneers.com, 844-847-2161; https://www.sullivanauctioneers.com/…

IOWA, Monona County. In a dual live/online auction, 606 acres sold for $6.236 million, with an average per-acre price of $10,290. The sale was divided into four tracts. The first two tracts were each composed of 106 acres of cropland and sold for $17,500 and $13,600 per acre, respectively. The third tract was a mix of crop- and pastureland that included two bins and a cement bunk with corral for $8,100. The final tract was listed at 238 acres, 40 of which were pasture, and sold for $7,100 per acre. Contact: Jay Schaben, Schaben Real Estate Co.; dunlaplivestock@iowatelecom.net, 712-643-2350; https://www.jimschabenrealestate.com/…

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NEBRASKA, Brown County. An 888-acre subirrigated hay meadow property with significant water and waterfowl hunting sold for $1.262 million, or $1,421 per acre. Much of the acreage can produce 2 tons of hay during the growing season. The property was offered as two tracts, the second of which included a solar well for off-season grazing. Contact: Dave Hickey, Farmers National Co.; DHickey@FarmersNational.com, 402-336-3500; https://www.fncrealestate.com/…

OHIO, Seneca County. Three parcels of farmland totaling 127 acres sold via private treaty sale for $1.1 million, or $8,661 per acre. The property included approximately 22 nontillable acres and represented lighter loam/sandy-type soils across the three parcels. The farm sold free and clear for the 2024 crop season and had no improvements on any of it. Contact: Steve Herr, Farmers National Co.; sherr@farmersnational.com, 810-569-5638; https://www.fncrealestate.com/…

WISCONSIN, Grant County. Two tracts of farmland totaling 173.31 acres sold in a sealed bid auction for $2.598 million, or an average of $14,989 per acre. The farm contains primarily silt/loam soil types and has been managed organically since 2000 and certified organic since 2003. Contact: Adam Crist, Peoples Co.; Adam.Crist@PeoplesCompany.com; 608-482-1229; https://www.peoplescompany.com/…

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-- These sales figures are provided by the sources and may not be exact because of rounding.

-- Submit recent land sales to landwatch@dtn.com

-- Find current listings at https://about.dtnpf.com/…

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Katie Dehlinger