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Recent Farmland Sales Across Iowa, Minnesota, Ohio and Neighboring Kansas

accountJennifer Moran | calendar-monthAugust 31, 2026

Recent sale activity across the Midwest continues to show strong buyer interest in high‑quality tracts, diversified operations and properties offering supplemental income streams. DTN’s Landwatch Weekly, published by DTN/Progressive Farmer, highlights several notable transactions across LSB’s Midwest reporting states, along with neighboring Kansas.

State Highlights:

  • Iowa (Louisa County): A 125‑acre farm sold for $969,542, or $7,752 per acre, featuring CRP income exceeding $16,000 annually and multiple on‑farm improvements
  • Minnesota (Lincoln County): A 468‑acre farm sold for $6.2 million, or $13,248 per acre, supported by strong grain storage capacity and wind turbine income totaling $14,963 in 2024
  • Ohio (Allen County): A 116‑acre farm sold for $2 million, or $16,522 per acre, with multiple tracts supporting cattle, tillable acres and improved facilities
  • Kansas (Kingman County): A 322‑acre farm sold for $709,060, or $2,202 per acre, with a mix of cropland bases and a spring‑fed creek providing additional value

Read more from DTN/Progressive Farmer: https://www.dtnpf.com/agriculture/web/ag/news/business-inputs/article/2026/08/27/recent-farmland-sales-iowa-kansas

DTN’s Landwatch Weekly, published by DTN/Progressive Farmer, highlights several notable transactions across LSB’s Midwest reporting states, along with neighboring Kansas

Illinois Farm Real Estate Values Rise for the Sixth Consecutive Year

accountJennifer Moran | calendar-monthAugust 25, 2026

Illinois farm real estate values continued their upward trend in 2026, marking the sixth straight year of gains. According to the latest USDA NASS Land Values Summary, Illinois reached an average of $9,250 per acre in 2026, a 3.6 percent increase over 2025. This steady growth aligns with broader Corn Belt movement, where LSB;s Midwest and neighboring states also posted moderate increases.

Midwest State Highlights

  • Illinois: $9,250 per acre in 2026, up 3.6 percent from 2025; sixth consecutive annual increase
  • Iowa: 3.2 percent increase; highest regional value at $10,100 per acre
  • Indiana: 3.4 percent increase
  • Missouri: 4.0 percent increase
  • Ohio: 3.2 percent increase; second highest value at $9,650 per acre

Illinois previously held the top position in 2021, but stronger gains in Iowa and Ohio over the last five years have shifted regional rankings.

Full Report from: farmdoc daily, University of Illinois: https://farmdocdaily.illinois.edu/2026/08/illinois-farm-real-estate-values-increase-six-years-in-a-row.html

Eastern Wisconsin Farmland Values Rise with Dairy Demand

accountJennifer Moran | calendar-monthAugust 21, 2026

Compeer Financial’s latest report from author Jeff Jens highlights one of the strongest year over year increases in our Midwest region. Dairy operators continue to compete for nearby cropland, tightening supply and supporting premium prices across eastern Wisconsin. As one of Land Sales Bulletin’s valued customers, Compeer Financial provides essential insight into the market forces shaping farmland values across our Midwest states.

Midwest State Highlights

  • Wisconsin: limited cropland availability and strong dairy demand continue to push values higher. Calumet County benchmark cropland rose about 25 percent year over year, with multiple 2026 sales exceeding $20,000 per acre and one reaching $24,000 per acre.
  • Minnesota: dairy influenced competition persists in regions where feed production and facility upgrades mirror Wisconsin’s operational needs.
  • Iowa: strong livestock sectors and tight supply of high-quality cropland continue to support firm operator driven values across the state.

Key Market Drivers

  • Nearby cropland helps dairies control long term operational costs by reducing hauling distance for feed and manure.
  • Limited land availability in east central Wisconsin ensures strong buyer competition whenever quality acres come to market.
  • Dairy facility upgrades and multi-site operations continue across the region, influenced by construction costs and long-term growth planning.
  • Solar, wind, and data center development add complexity to rural land markets and can redirect capital into agricultural purchases elsewhere.

Compeer Financial’s full report provides deeper context on how dairy economics, construction costs and broader market pressures continue to shape land values across Wisconsin and the Midwest. Listen or read the full article by Jeff Jens: https://www.compeer.com/articles/wisconsin-farmland-values-rise-with-dairy-demand

Inflation-Adjusted Midwest Farmland Values See Steepest Drop Since 2016

accountJennifer Moran | calendar-monthAugust 19, 2026

Midwest farmland values in our Midwest reporting states, showed their sharpest inflation-adjusted decline in a decade, according to the latest Chicago Fed AgLetter published by the Federal Reserve Bank of Chicago. While nominal values for good farmland held steady year-over-year, real values fell 3.7 percent — the largest drop since 2016 . Lenders across the region also reported weakening credit conditions and rising repayment challenges.

Midwest State Highlights (LSB Reporting States):

  • Illinois: Year-over-year farmland values increased, supported partly by outside investment activity including solar and data centers.
  • Indiana: Farmland values decreased year-over-year as credit conditions weakened and repayment issues rose.
  • Iowa: Values increased year-over-year, though lenders noted commodity price volatility and elevated production expenses weighing on conditions.
  • Wisconsin: Values decreased year-over-year, with lenders noting outside pressure from solar and data center demand may eventually plateau.

Only 5 percent of lenders expect farmland values to rise in the next quarter, while 81 percent anticipate stability and 14 percent expect declines.

Publisher: Farm Policy News

Report link: https://www.chicagofed.org/publications/agletter/2025-2029/august-2026

Illinois Farmland Auction Underscores Strong Demand Across LSB’s Midwest Reporting Region

accountJennifer Moran | calendar-monthAugust 18, 2026

Land Sales Bulletin’s Midwest reporting state of Illinois continues to demonstrate strong buyer demand, highlighted by a recent 1,277‑acre sale near West Salem and Albion. The farm was divided into 22 tracts and sold for $10.5 million, attracting 68 in‑person bidders and 43 online participants and concluding in under an hour. Local farmers purchased most of the property, reinforcing the depth of Illinois’ agricultural buyer base within LSB’s Midwest region.

Summary Details

  • Dividing the farm into 22 tracts helped attract 12 buyers and maximize sale results.
  • Standing‑room‑only attendance and competitive bidding reflected strong market interest.
  • Half the acreage is expected to be farmed by new owners, with the remainder likely rented to local producers.
  • Productive soils, road frontage, timber, and wildlife habitat added both agricultural and recreational value.

Illinois Highlights

  • Most of the farm consisted of Class B soils with pockets of Class A and Class C, reflecting strong productivity across the acreage.
  • Edwards County continues to offer value opportunities compared with higher‑priced regions of central Illinois while maintaining a strong agricultural buyer base capable of absorbing large tracts of farmland.
  • Illinois farm real estate averaged $8,930 per acre in 2025, marking the fifth consecutive year of inflation‑adjusted increases.

Read more from Successful Farming: 1,277-acre Illinois Farm Sells in 22 Tracts for $10.5 Million

Iowa Farmland Market Holds Steady as Fall Auction Activity Builds

accountJennifer Moran | calendar-monthAugust 17, 2026

Iowa’s farmland market has remained stable through 2026, with pricing movement staying within a narrow band that reflects a flat, sideways trading environment. As fall approaches, market observers expect a potential uptick in sale volume, driven in part by high land prices and decisions from landowners who have recently inherited property.

Summary Details on our Midwest Reporting State

  • Iowa’s 2026 land market has been notably stable.
  • Recent Chicago Fed reports show minor quarterly shifts of plus 2 percent and minus 1 percent, reinforcing the sideways pricing trend.
  • Higher land prices often correlate with increased sale volume from inherited properties due to stepped up basis considerations.
  • Market conditions supported by $4.50 corn and government payments may help absorb additional volume this fall.

Iowa Highlights

  • Recent sales range broadly from $145 to $190 per CSR2 point on tillable acres, with occasional outliers driven by local dynamics rather than broader trends.
  • Strong auction results across counties including Clay, Wright, Buchanan, Calhoun, Jasper, Linn, Fremont, Wayne, and Des Moines illustrate continued buyer engagement statewide.

Author: Doug Hensley, President of Hertz Real Estate Services. Read more from Farm Progress: Will more farmland go on auction block this fall?

Second Quarter Farmland Values Hold Steady Across the Midwest

accountJennifer Moran | calendar-monthAugust 14, 2026

Midwest farmland values were unchanged in the second quarter of 2026 according to AgLetter, No. 2013, August 2026 from the Federal Reserve Bank of Chicago. While overall District values were flat year over year, the report shows a mixed picture across Land Sales Bulletin’s core Midwest reporting states.

Key summary points

  • Illinois farmland values posted year-over-year gains.
  • Iowa also recorded increases, supported in part by investment activity tied to data centers and renewable energy projects.
  • Indiana farmland values declined compared with last year.
  • Wisconsin saw year-over-year decreases and lenders noted expectations that values may plateau as outside pressures ease

Credit conditions across the District weakened, with repayment challenges rising to their highest level since 2020. Lenders also reported lower repayment rates and higher renewals and extensions on non-real-estate farm loans.

Read the full report from the Federal Reserve Bank of Chicago: https://www.chicagofed.org/publications/agletter/2025-2029/august-2026

August Farmland Sales Snapshot Across the Midwest

accountJennifer Moran | calendar-monthAugust 12, 2026

Midwest farmland activity remained steady heading into August, with finalized sales reported across our Midwest states of Illinois, Indiana, Iowa, Minnesota, North Dakota, and Wisconsin, as well as Kansas. DTN Progressive Farmer’s Landwatch highlights a mix of cropland, CRP acres, timber value, and recreational tracts that continue to shape our Midwest regional market momentum.

Key Midwest Highlights:

  • Illinois: Whiteside County farm sold for $10,811 per acre with 93 CRP acres generating annual income through 2029
  • Indiana: Randolph County tract sold for $10,667 per acre, including tillable acres, wooded ground, a home, and a large barn
  • Iowa: Hancock County farm reached $18,500 per acre with strong corn and soybean PLC yields
  • Kansas: Decatur County cropland and grassland sold for $1,500 per acre with solid access and water availability
  • Minnesota: Becker County property sold for $9,565 per acre featuring CRP acres, wooded areas, low ground, and strong deer habitat
  • North Dakota: Pembina County farm sold for $1,994 per acre with wheat and soybean base acres and an 82 productivity index
  • Wisconsin: Grant County parcels averaged $16,158 per acre, both enrolled in CRP with solid soil ratings and blacktop access

Read the full DTN Progressive Farmer article: DTN Progressive Farmer Landwatch Report 7-31-2026

Land Sales Bulletin Midwest Roundup Report | Close of July 2026

accountJennifer Moran | calendar-monthAugust 10, 2026

End of July’s Midwest farmland activity highlights strong demand for high‑quality row‑crop ground, CRP‑enrolled parcels and mixed‑use tracts. Our Midwest reporting states of Illinois, Indiana, Iowa, Minnesota, North Dakota, and Wisconsin, as well as neighboring Kansas and Missouri, all posted notable sales. Upcoming August auctions for Illinois, Iowa, and North Dakota echo expected strong farmland activity. Below is a state‑by‑state breakdown of finalized sales and upcoming offerings sourced from DTN Progressive Farmer and Successful Farming.

ILLINOIS

Recent Sales

Upcoming August Auctions

INDIANA

Recent Sales

  • Randolph County: 30 acres sold for $320,000 or $10,667 per acre including tillable acres and a barn Link: https://www.dtnpf.com/agriculture/web/ag/news/article/2026/08/01/august-2026-recent-farmland-sales
  • Grant County: 131 acres sold for $1.5M or $11,069 per acre including home, cattle facilities and tillable acres (from the DTN Georgia/IN/MO/MN article) Link: DTN-Progressive Farmer Landwatch Weekly Report 7-30-2026

IOWA

Recent Sales

Upcoming August Auctions

KANSAS

Recent Sales

MINNESOTA

Recent Sales

  • Becker County: 115 acres sold for $1.1M or $9,565 per acre including CRP, wooded areas and deer habitat Link: https://www.dtnpf.com/agriculture/web/ag/news/article/2026/08/01/august-2026-recent-farmland-sales
  • Lincoln County: 112 acres sold for $559,200 or $5,000 per acre including cropland, CRP and grassland Link: DTN-Progressive Farmer Landwatch Weekly Report 7-30-2026

MISSOURI

Recent Sales

NORTH DAKOTA

Recent Sales

Upcoming August Auctions

WISCONSIN

Recent Sales

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