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Kansas land sales slow through summerKansas land sales slow through summer
Land Sales: While the number of acres on offer was lower, demand was higher or steady.
Jennifer M. Latzke
August 10, 2023
2 Min Read
KANSAS SUMMER LAND SALES: The month of July saw fewer land sales in the state, but interest from buyers remained high. Ron Watts/Getty Images
Kansas land auctions through July slowed considerably across the state. Still, what land was for sale did bring interest from buyers — both local property owners and out-of-area land investors.
An auction of 562 acres of Marshall County farmland sold in 6 tracts July 29. Tracts 1 and 2 were a combined 326 acres of Little Blue River bottomland without irrigation, but which included senior water rights on 36 acres that are enrolled in a water conservation program. The two tracts together sold for an average of $15,043 per acre. Tract 3 was 53 acres that included 34 acres of cropland in the Little Blue River bottom with no water rights or irrigation. It sold for $12,146 per acre.
Tract 4 was about 100 acres of a mix of pasture and recreational hunting land with access to the Little Blue River for fishing, and it sold for $3,400 per acre. Tract 5 was the farm’s homesite — with a ranch-style home built in 1961 on 7 acres with outbuildings, city water and electric — that sold for $265,000. Tract 6 was 71 acres of cropland along Highway 9 west of Waterville, Kan., featuring classes 1 and 2 soils. Tract 6 sold for $16,178 per acre.
The seller was Pishney Four LLC. Midwest Land & Home, Washington, Kan., handled the sale.
Cheyenne County. About 240 acres of Cheyenne County land was sold at auction July 27. The land, sold in one tract, included 363 acres of cropland and 228 acres of pasture with multiple ponds. The property, just north of St. Francis, Kan., offered good access to transportation and is in an area of active oil exploration. Buyers received all of the seller’s interest in the mineral rights. Both tracts were planted to a 2023 wheat crop, with the seller retaining that crop. The seller was willing to stay on as a tenant and cash-rent one or both tracts.
Tract 1 was 159 acres of wheat and expired Conservation Reserve Program land and sold for $2,300 per acre. Tract 2 was 78 acres of wheat and corn and sold for $3,400 per acre. The seller was SKR Land LLC. Farm & Ranch Realty, Colby, Kan., handled the sale.
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