Land and Farm News

The Iowa farmland market continues to move sideways. This is a change in direction from the downward trend that started in spring 2013. The strongest values within the market continue to be for high-quality farms (those with excellent soils, productivity and drainage), as well as for farms adjacent to strong farmland owners.

Sales activity has declined slightly each year for the past five years. Landowners and investors have shown the most interest in purchasing land. An increase in interest has been observed in non-farming landowners. The stabilization in farmland market prices and an increase in interest from investors are in reaction to a search for solid investments, low-interest rates and a general belief that farmland is a tangible asset and sound investment.

These positive factors are countered by interest rates that are beginning to increase and commodity prices that have eased down from earlier this year. For owners concerned about farmland values dropping, it may be time to consider selling.

About Us

Welcome! Thank you for visiting the website of “Hughes Real Estate and Auction Service”. We are West Central Minnesota’s Full-Service Real Estate and Auction Company with over 45 years of combined experience. We specialize in Agricultural Cropland, Rural Residential, Residential, and Hunting/Recreational Properties. Whether you are thinking about a Conventional Listing, Live Auction, or a Sealed Bid method of selling your property, Appraisal, or Land Management - we can do it all. Our agents include; Jesse Hughes - Broker/Auctioneer from Danvers, MN, Dave Weller - Associate Broker from Brooten, MN and Dale Zaczkowski – Sales Agent out of Sauk Centre, MN, Duaine Flanders -Sales Agent from the Benson, MN area and our newest Sales Agent working in the Hancock/Morris areas – Sonia Kannegiesser. Call us today for a NO-HASSLE consultation at: 320-815-0460 or email us: Thank you and have a great day!
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