Iowa’s farm real estate value, a measurement of the value of all land and buildings on farms, averaged $7,190 per acre in 2019, according to the USDA, National Agricultural Statistics Service – Land Values 2019 Summary. This is down $80 per acre or 1 percent from last year’s level.
Cropland, at $7,260 per acre, was down $30 from last year. Pasture, at $2,720 per acre, was down $70 from last year.