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Franklin County, IA

Franklin County, Iowa. The benchmark corn-belt farmland market; auctions set transparent comps.

Seller's market
Median $/acre
$15,512/ac
12-month change
+2.6%
Sales (12 mo)
40
Median days on market
106 d
Monthly absorption
11.3%
Median price per acre · 36 months
Recorded sales volume · monthly
Price per acre by tract size
0–5 ac37 listed$14,398/ac
5–20 ac27 listed$13,093/ac
20–50 ac17 listed$11,487/ac
50–100 ac11 listed$12,451/ac
100+ ac35 listed$7,556/ac
Most recent recorded sales
IA-46665768.3 ac$953,000$13,943/ac1031 exchange
IA-977515127.3 ac$1.33M$10,460/acInvestor
IA-119639592.8 ac$2.69M$4,543/acNeighbor
IA-899443514.3 ac$2.93M$5,693/acBuilder
IA-9333836.4 ac$67,500$10,572/acOwner occupant
IA-2130505.0 ac$50,800$10,140/acRecreational buyer
IA-79483318.2 ac$201,700$11,062/acRecreational buyer
IA-5433246.1 ac$69,900$11,440/ac1031 exchange