$11,125 per acre in North Central Iowa

June 7, 2016 09:01 AM

A private listing in Mitchell County, Iowa, sold recently for $11,125 per acre. The 90-acre farm was located one mile north of Osage, had 89.5 tillable acres and offered an outstanding CRS2 of 97.8. The county-average CSR2 is 81.5.

Handling the sale was Corey Prins, AFM, Northwestern Farm Management Co., Marshall, Minn., 507-532-5120. "An appraiser in that area said he hasn't seen an $11,000 sale since 2013." Prins tells us.