The appraisal team at Peoples Company was able to track 87 tracts or 8,052 acres sold at public auction in Iowa during February 2026. The average dollar per acre was $11,740, the average dollar per tillable acre was $13,739, and the average dollar per CSR2 was $179.
Illinois Results
Tracts Sold: 40
Acres Sold: 3,234.29
$/Acre: $13,002
$/Tillable: $14,571
$/Point: $112
Minnesota Results
Tracts Sold: 30
Acres Sold: 3,120.55
$/Acre: $9,399
$/Tillable: $9,767
$/Point: $107
Missouri Results
Tracts Sold: 32
Acres Sold: 1,519.85
$/Acre: $8,368
$/Tillable: $9,391
$/Point: $125
Nebraska Results
Tracts Sold: 39
Acres Sold: 7,068.37
$/Acre: $6,805
$/Tillable: $8,388
$/Point: $131
Peoples Company Auctions
355.82 Acres M/L in Lee County, IA
281.33 Acres M/L in Jasper County, IA
38.23 Acres M/L in Carroll County, IA
156.85 Acres M/L in Warren County, IA
300.00 Acres M/L in Greene County, IA
236.03 Acres M/L in Livingston County, IL
20.00 Acres M/L in Olmsted County, MN
176.03 Acres M/L in Dubuque County, IA
Click HERE to view the Iowa Land Values Update for 2025 Quarter 4.
Below are results for land auctions that occurred in February 2026. These are all agricultural real estate auctions containing greater than 35 acres. Dollar per CSR2 was calculated only for those tracts containing greater than 85% tillable with minimal improvement contribution. Data is presented on a monthly and quarterly basis, and can be found on our website: https://peoplescompany.com/
