1 / 28

Dr. Michael Duffy, Iowa State University Extension Economist

2011. Iowa Land Value Survey. Dr. Michael Duffy, Iowa State University Extension Economist. Statewide Average. $6,708. up 32.5% up $1,644. High Grade Land. $8,198. up 34.2% up $2,090. Medium Grade Land. $6,256. up 31.5% up $1,498. Low Grade Land. $4,257. up 26.8%

alina
Download Presentation

Dr. Michael Duffy, Iowa State University Extension Economist

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. 2011 Iowa Land Value Survey Dr. Michael Duffy, Iowa State University Extension Economist

  2. Statewide Average $6,708 up 32.5% up $1,644

  3. High Grade Land $8,198 up 34.2% up $2,090

  4. Medium Grade Land $6,256 up 31.5% up $1,498

  5. Low Grade Land $4,257 up 26.8% up $900

  6. Northwest $8,338 high $9,649 med $7,708 low $5,196 up 2.8% up $83 up 31.2% up $1983

  7. North Central $7,356 high $8,601 med $6,713 low $4,900 up 28.0% up $1,610

  8. Northeast $6,602 high $7,994 med $6,290 low $4,352 up 31.5% up $1,580

  9. West Central $7,419 high $8,889 med $6,981 low $4,766 up 35.7% up $1,954

  10. Central $7,781 high $9,332 med $7,029 low $4,848 up 31.9% up $1,880

  11. East Central $7,110 high $8,675 med $6,510 low $4,671 up 30.5% up $1,664

  12. Southwest $5,905 high $7,418 med $5,553 low $3,824 up 36.5% up $1,579

  13. South Central $3,407 high $5,109 med $3,353 low $1,984 up 26.7% up $718

  14. Southeast $5,705 high $7,721 med $5,468 low $3,335 up 32.8% up $1,409

  15. AVERAGE VALUES all grades 1950−2011

  16. PERCENTAGE CHANGE from previous year, 1950−2011 % % % % % % % %

  17. AVERAGE VALUES adjusted for inflation

  18. PERCENTAGE CHANGE adjusted for inflation

  19. 2011 AVERAGE VALUES

  20. PERCENTAGE CHANGE

  21. POSITIVE FACTORS affecting land values

  22. NEGATIVE FACTORS affecting land values

  23. WHO PURCHASED farmland

  24. WHO PURCHASED farmland

  25. SALES ACTIVITY relative to previous year

  26. CHANGE IN sales activity from previous year

  27. SUMMARY • 32.5% is highest percentage increase ever reported • $6,708 is all-time high inflation adjusted average value • An interesting time, many factors to watch • Not a time to panic

  28. For more information, visit www.extension.iastate.edu/topic/landvalue

More Related