Iowa Land Value Survey 2005 Dr. Michael Duffy, Extension Economist Darnell Smith, Research Associate.

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Presentation transcript:

Iowa Land Value Survey 2005 Dr. Michael Duffy, Extension Economist Darnell Smith, Research Associate

Statewide Average $2,914 Up 10.8% Up $285

High Grade Land $3,511 Up 10.0% Up $318

Medium Grade Land $2,736 Up 11.4% Up $279

Low Grade Land $1,961 Up 14.5% Up $248

Northwest $3,393 Up 8.8% High $3,813 Medium $3,199 Low $2,382

North Central $3,222 Up 10.6% High $3,588 Medium $2,982 Low $2,252

Northeast $2,963 Up 11.2% High $3,522 Medium $2,834 Low $2,032

West Central $3,048 Up 11.7% High $3,691 Medium $2,833 Low $1,970

Central $3,415 Up 10.1% High $3,935 Medium $3,165 Low $2,353

East Central $3,396 Up 11.2% High $4,069 Medium $3,172 Low $2,237

Southwest $2,350 Up 12.5% High $2,925 Medium $2,217 Low $1,614

South Central $1,793 Up 15.9% High $2,659 Medium $1,725 Low $1,252

Southeast $2,483 Up 8.6% High $3,385 Medium $2,347 Low $1,438

2005 Average Values Dollar Values: Less than $2,500 $2,500 to $3,000 $3,001 to $3,500 More than $3,500

Average Value - All Grades (Nominal Dollars)

Average Value - All Grades ( Dollars)

Percentage Changes Increased 12.0 to 15.0% Increased 15.1% or more Percent Change Increased up to 10% Increased 10.0 to 12.0%

Percentage Change (Nominal Dollars)

Percentage Change ( Dollars)

2005 Land Buyers

Land Buyers

2005 Sales Activity

Sales Activity

Positive Factors

Negative Factors

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