Hill Country - South (LMA 17)
Rural Land Prices
Counties: Bandera, Blanco, Kendall, Kerr

| Year |
Median Tract Size (acres) |
Nominal |
Real |
Median* Price Per Acre |
Percentage Change |
Annual Compound Growth Rate From 1966 |
Median* Price per Acre |
Percentage Change |
Annual Compound Growth Rate From 1966 |
| 1966 |
208 |
189 |
- |
- |
189 |
- |
- |
| 1967 |
159 |
222 |
18 |
18 |
216 |
14 |
14 |
| 1968 |
102 |
258 |
16 |
17 |
240 |
11 |
13 |
| 1969 |
95 |
256 |
-1 |
11 |
227 |
-6 |
6 |
| 1970 |
163 |
335 |
31 |
15 |
282 |
24 |
11 |
| 1971 |
200 |
368 |
10 |
14 |
295 |
5 |
9 |
| 1972 |
215 |
398 |
8 |
13 |
305 |
3 |
8 |
| 1973 |
376 |
500 |
26 |
15 |
364 |
19 |
10 |
| 1974 |
348 |
512 |
2 |
13 |
342 |
-6 |
8 |
| 1975 |
700 |
500 |
-2 |
11 |
305 |
-11 |
5 |
| 1976 |
176 |
860 |
72 |
16 |
496 |
63 |
10 |
| 1977 |
684 |
690 |
-20 |
12 |
374 |
-25 |
6 |
| 1978 |
216 |
725 |
5 |
12 |
367 |
-2 |
6 |
| 1979 |
474 |
800 |
10 |
12 |
374 |
2 |
5 |
| 1980 |
494 |
1158 |
45 |
14 |
496 |
33 |
7 |
| 1981 |
400 |
1100 |
-5 |
12 |
431 |
-13 |
6 |
| 1982 |
303 |
1818 |
65 |
15 |
672 |
56 |
8 |
| 1983 |
332 |
1602 |
-12 |
13 |
570 |
-15 |
7 |
| 1984 |
225 |
2300 |
44 |
15 |
788 |
38 |
8 |
| 1985 |
232 |
2717 |
18 |
15 |
903 |
15 |
9 |
| 1986 |
254 |
2000 |
-26 |
13 |
651 |
-28 |
6 |
| 1987 |
246 |
1706 |
-15 |
11 |
540 |
-17 |
5 |
| 1988 |
200 |
1934 |
13 |
11 |
592 |
10 |
5 |
| 1989 |
155 |
1835 |
-5 |
10 |
541 |
-9 |
5 |
| 1990 |
147 |
1236 |
-33 |
8 |
351 |
-35 |
3 |
| 1991 |
266 |
900 |
-27 |
6 |
247 |
-30 |
1 |
| 1992 |
273 |
1077 |
20 |
7 |
289 |
17 |
2 |
| 1993 |
234 |
1330 |
23 |
7 |
349 |
21 |
2 |
| 1994 |
341 |
1329 |
0 |
7 |
341 |
-2 |
2 |
| 1995 |
211 |
1846 |
39 |
8 |
464 |
36 |
3 |
| 1996 |
278 |
2043 |
11 |
8 |
505 |
9 |
3 |
| 1997 |
398 |
1857 |
-9 |
8 |
451 |
-11 |
3 |
| 1998 |
284 |
1511 |
-19 |
7 |
363 |
-20 |
2 |
| 1999 |
153 |
3426 |
127 |
9 |
811 |
123 |
5 |
| 2000 |
99 |
2100 |
-39 |
7 |
487 |
-40 |
3 |
| 2001 |
55 |
3248 |
55 |
8 |
735 |
51 |
4 |
| 2002 |
72 |
3500 |
8 |
8 |
779 |
6 |
4 |
| 2003 |
101 |
4132 |
18 |
9 |
900 |
16 |
4 |
| 2004 |
60 |
4910 |
19 |
9 |
1040 |
16 |
5 |
| 2005 |
52 |
5785 |
18 |
9 |
1189 |
14 |
5 |
| 2006 |
36 |
7086 |
22 |
9 |
1415 |
19 |
5 |
Source: Real Estate Center at Texas A&M University.
Note: Real values are in 1966 dollars.
* State medians are an average of the land market area medians weighted by the percentage of land in each area.
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