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Brazos (LMA 27)
Rural Land Prices

Counties: Brazos, Burleson, Grimes, Leon, Madison, Robertson, Washington

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 143 182 - - 182 - -
1967 122 210 15 15 204 12 12
1968 100 250 19 17 233 14 13
1969 112 250 0 11 222 -5 7
1970 106 282 13 11 237 7 7
1971 110 351 24 14 281 19 9
1972 128 350 0 11 269 -4 7
1973 154 500 43 15 364 35 10
1974 151 610 22 16 407 12 11
1975 111 705 16 16 430 6 10
1976 120 811 15 16 468 9 10
1977 118 800 -1 14 434 -7 8
1978 117 900 12 14 456 5 8
1979 102 1036 15 14 485 6 8
1980 153 1100 6 14 472 -3 7
1981 123 1368 24 14 536 14 7
1982 86 1750 28 15 647 21 8
1983 100 1587 -9 14 564 -13 7
1984 84 1589 0 13 544 -3 6
1985 74 1600 1 12 532 -2 6
1986 89 1275 -20 10 415 -22 4
1987 65 1150 -10 9 364 -12 3
1988 64 1125 -2 9 344 -5 3
1989 79 1196 6 9 353 2 3
1990 68 1061 -11 8 301 -15 2
1991 80 1134 7 8 311 3 2
1992 86 1069 -6 7 287 -8 2
1993 67 1000 -6 7 262 -9 1
1994 78 1000 0 6 257 -2 1
1995 53 1082 8 6 272 6 1
1996 78 1154 7 6 285 5 1
1997 64 1200 4 6 291 2 2
1998 63 1450 21 7 348 20 2
1999 70 1236 -15 6 293 -16 1
2000 43 1639 33 7 380 30 2
2001 49 1800 10 7 407 7 2
2002 50 1775 -1 7 395 -3 2
2003 40 2143 21 7 467 18 3
2004 38 2667 24 7 565 21 3
2005 39 3242 22 8 667 18 3
2006 48 4078 25 8 811 22 4

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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