Farm Progress

Fall land auctions set price trendsFall land auctions set price trends

Prices range from $12,750 per acre for acreage near Sioux Falls to $376 per acre for hunting land in northern North Dakota.

November 4, 2016

3 Min Read

Most of the early-fall land auctions didn’t set any price records, but 40 acres south of Sioux Falls, S.D., sold for $12,750 per acre. Hunting land in North Dakota went for just $376 per acre.

Acreage near Harrisburg brings $12,750/a
A 40-acre rural acreage located a mile outside of Harrisburg in Lincoln County, S.D., sold for $12,750 per acre. The property had mature trees, a dugout situated within the trees and about 35 acres of cropland in two tracts on either side of the shelterbelt. — Auction managed and conducted by Sutton Auctioneer and Land Broker, Sioux Falls, S.D. Phone: 605-336-6315. Website: suttonauction.com.

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$7,455/a is top bid
A 155-acre farm in Kingsbury County, S.D., that “only offers high-caliber Class I and II soils with an overall soil productivity index of 0.83!” according to the sale bill, sold for $7,455 at an auction in October. The property consisted of about 141 cropland acres. The balance of the farm was to be made up of a vacant acreage site that was to be razed, burned and buried prior to closing day — Auction managed and conducted by United Country/Advantage Land Co., Brookings, S.D. Phone: 605-692-2525. Website: advantagelandco.com.

$5,700/a buys Hansen County, SD, farm
About 155 acres in McCook County, S.D., sold for $5,700. The gently rolling, high-producing quarter consisted of approximately 125 cropland acres, of which 120 acres were being farmed or in alfalfa, and approximately 35 acres were in grass that was being pastured. Most of the pasture could be easily converted to cropland and farmed, according to the sale bill. — Bob Hanson, Hanson Land and Auction Co., Salem, S.D. Phone: 605-425-2608. Website: hansenauction.com.

Central SD hunting land sells
Property in central South Dakota described as “prime hunting land” sold for $2,140 per acre at an auction in October. The 158 acres included 36 acres of mature tree belts in the Conservation Reserve Program along Sand Creek, 90 acres of cropland and a 20-by-24-foot rustic lodge that sleeps eight. — Advantage Land Auction conducted and managed by United Country/Advantage Land Co., Brookings, S.D. Phone: 605-692-2525. Website: advantagelandco.com.

Far north land brings $1,000/a
About 320 acres of cropland in Bottineau County, N.D., with a soil productivity indexed over 70, sold in two tracts for $950 and $1,250 per acre. One tract had 151 acres of cropland. The other had 123 acres of cropland with the balance of the acres in hay and trees. — Auction managed and conducted by Pifer’s Auction and Realty, Moorhead, Minn. Phone: 877-700-4099. Website: pifers.com.

Hunters pay $376/a for ND quarter
Hunting land in Nelson County, N.D., sold for $376 per acre at an auction in September. The property had a U.S. Fish and Wildlife Easement on it. The quarter had 25 acres of cropland, 114 acres of non-cropland and about 11 acres of trees and old farmyard. The farm site provides good access for campers and motorhomes, according to the sale bill — Auction managed and conducted by Farmers National Co. Phone: 800-346-2650. Website: farmersnational.com.

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