Farm Land Prices Soar-West Central Illinois-Northeast Missouri-Southeast Iowa-Land Auctions

Land Prices Soar at Auction - Illinois - Missouri - Iowa

Over the last 12 months or so good agriculture land in West Central Illinois, Northeast Missouri & Southeast Iowa have soared to prices never before seen. The land prices seem to be following the crop prices, up. It starting to make a person wonder, will this ever stop. Just when you think you cant go any higher you hear about another record sale.

Over the last 60 days in West Central Illinois there has been over 380 acres sell in three different auctions. In McDonough Co. Illinois 80 acres sold recently topping out at $10,800 per acre. Next up was 162 acres selling in Adams Co. Illinois. This farm was divided in 4 tracts and bringing $16,000 per acre, $15,000 per acre, $13,000 per acre and finishing up at $12,000 per acre. When all said and done the farm averaged $13,373 per acre. Just a few days ago 132 acres was sold in Pike Co. Illinois near the town of Hull and when the hammer finally fell the price was at $13,250 per acre.

On October 29th, 550 acres was sold at Public Auction in Greene Co. Illinois, near Carrollton. The farm was offered in 10 tracts and the method of sale was High Bidder Choice. Once the dust had settled all 10 tracts were sold to 2 seperate people (30 registered bidders). The out of area Sellers were thrilled with the outcome. The farm brought right at $800 per acre more than the expected.

With ag land selling at these record prices, why not sell? Call United Country Wallingford Group today for a free consultation. United Country Wallingford Group is based in Quincy, Illinois and is a Licensed Real Estate and Auction company in Illinois, Iowa and Missouri. References upon request.