Data for this report were secured from the offices of the Register of Deeds in each of eight counties in South Dakota. These counties were Beadle, Brookings, Brown, Clay, Faulk, Haakon, Hand and Spink. Supplementary information was secured from the records of the County Auditors as well as from records available at the Agricultural Stabilization and Conservation offices in each of the counties included in the study. This report, as a supplement to Station Bulletin 413, furnishes a continuous record of farm land sales in each of the eight counties over a period of fifteen years, 1941-1955. Beadle, Faulk, Hand and Spink counties are within the prospective irrigation area in central South Dakota. These counties were selected in order to secure a record of farm land prices during the development of the prospective irrigation of that area. Comparisons can easily be made with sales prices in the other counties outside this area. Eventually a complete history of land prices during the entire development of that project will be secured. In 1941, at the start of this study, counties had acquired title to considerable acreage of farm land through foreclosure of farm loans extended from state school endowment funds as well as considerable acreage acquired by the counties through delinquent tax statutes. With few exceptions county owned lands have been sold and returned to the tax rolls. The Federal Land Bank and insurance companies as well as other corporations had acquired title to farm land through foreclosure of loans they had extended on farm land. During the early years of this study loaning agencies and counties were the chief sellers of farm land. Only 2119 acres or 1.4 percent of the total land sold in 1955 in these eight counties was sold by loaning agencies.
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South Dakota State College
Pengra, Ray P. and Lundy, Gabriel, "Land Market Trends in South Dakota 1941-1955, Supplement to Bulletin No. 413: Land Market Trends in South Dakota 1941-1950" (1956). Agricultural Experiment Station Agricultural Economics Pamphlets. 180.