Wayne County Land Prices: $6,374 Per Acre (2025 Analysis)
In Iowa, land prices can vary significantly from one county to another. On average, an acre of land in Iowa costs $66,032. However, if you're looking for the most affordable option, Wayne County stands out as the cheapest at $6,374 per acre.
In contrast, Johnson County is the most expensive with an average price of $264,713 per acre. This report will guide you through the land market in Wayne County, including current listings, market demand, and appreciation trends.
Current Cheap Land Listings in Wayne County (Updated Mar 2025)
As of Mar 05, 2025, there are 11 active listings in Wayne County with the cheapest price per acre.
Here are some of the listings with the lowest price per acre:
| Address | Price | Lot Size | Price Per Acre | Link |
|---|---|---|---|---|
| 0001 Lineville Rd | $468,000 | 80.0 acres | $5,850 | View Listing |
| 3100 County J66 Rd | $696,200 | 118.0 acres | $5,900 | View Listing |
| 0007 Lineville Rd | $1,346,659 | 215.5 acres | $6,249 | View Listing |
Additionally, here are the listings with the absolute lowest price:
| Address | Price | Lot Size | Price Per Acre | Link |
|---|---|---|---|---|
| 106 E Lee St E | $10,000 | 0.5 acres | $20,834 | View Listing |
| . Parcel 190194001521100 St | $65,000 | 5.9 acres | $10,943 | View Listing |
| 0 120th St | $75,000 | 8.5 acres | $8,824 | View Listing |
Market Demand Analysis for Wayne County
- Active Listings: 11
- Pending Sales: 4
- Sold (Last 12 months): 12
- Total Listings: 27
- Turnover Ratio: 109.1%
The turnover ratio (number of sold listings / number of active listings) in Wayne County is 109%, which is higher the state average of 102%. This indicates that land in Wayne County is more in demand compared to other parts of the state.
Relative to the number of parcels, land in Wayne County is less in demand than the state average of 0.10%. Here's a table showing the number of parcels, sold listings, and ratio for Wayne County and the top 3 counties:
| County | Parcels | Sold Listings | Sold/Parcel Ratio |
|---|---|---|---|
| Wayne County | 14,010 | 12 | 0.09% |
| Madison County | 17,925 | 100 | 0.56% |
| Warren County | 36,381 | 202 | 0.56% |
| Jo Daviess County | 23,865 | 99 | 0.41% |
Land Parcel Analysis
Relative to the number of parcels, land in Wayne County is less in demand than the state average of 0.10%. Here's how Wayne County's land market activity compares to the state average:
- Total Land Parcels in Wayne County: 14,010
- Percentage of Parcels Sold (Last 12 months): 0.09%
- State Average Percentage Sold: 0.10%
Land Appreciation
Land in Wayne County is appreciating at a rate of 12.0%, which is faster than the state average of 4.7%.
How Quickly Does Land Sell in Wayne County?
- Land in Wayne County sells faster than the state average.
- Median Days on Market in Wayne County: 103 days
- State Average: 207 days
This means that when land is listed for sale in Wayne County, it typically takes 103 days to find a buyer.
Best Land Brokers and Realtors in Wayne County
If you're looking for professional assistance in purchasing land, here are some of the top brokers and realtors in Wayne County who have sold the most land in Iowa over the last 12 months.
| Broker | Phone | Transactions | Total Volume | Avg DOM |
|---|---|---|---|---|
| Peoples Company | 515-222-1347 | 154 | $95,216,844 | 280 days |
| Re/Max Precision | 515-223-9492 | 103 | $42,753,844 | 129 days |
| Whitaker Marketing Group | 515-460-8585 | 33 | $27,838,052 | 101 days |
| Re/Max Concepts | 515-276-2872 | 64 | $22,450,885 | 172 days |
| Kiloterra | 515-993-7800 | 34 | $17,824,042 | 118 days |
| Heartland Properties | 712-325-0445 | 30 | $17,424,744 | 648 days |
| Keller Williams Realty Gdm | 515-334-4900 | 41 | $16,267,187 | 142 days |
| Iowa Realty Mills Crossing | 515-453-4300 | 33 | $14,457,100 | 165 days |
| Realty One Group Impact | 515-446-7524 | 32 | $13,240,818 | 114 days |
| Midwest Land Group | 913-674-8010 | 26 | $13,133,732 | 108 days |
Source
Data from this article comes from the LandScraper Platform.
The LandScraper Platform simplifies and automates the boring parts of land market research to help you find better markets, make better decisions - all while saving time and saving money.
