Despite a winter of volatile weather and a multi-year stretch of low commodity prices, our Midwest reporting state of Iowa’s farmland market remains remarkably resilient. The current landscape is defined by “stability over change,” with land values effectively treading water.

Key Drivers of Stability:

• Low Inventory: A limited supply of land hitting the market is preventing price drops.
• Local Demand: Strong interest from local farmers looking to expand operations and investors seeking long-term fundamentals.
• Steady Rates: Mortgage interest rates have remained in a narrow range, offering no major shocks to the system.

While we see occasional “spike” sales—like a recent $22,000/acre sale in Lyon County—the broader market is expected to “chop sideways” until a fundamental shift occurs in supply or demand. Read more from Hertz Farm Management: https://www.hertz.ag/blog/detail/march-2026-wallaces-farmer-marketplace-extra