Northeast (LMA 29)
Rural Land Prices
Counties: Bowie, Camp, Cass, Delta, Franklin, Hopkins, Lamar, Marion, Morris, Red River, Titus, Upshur, Wood

| 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 |
94 |
130 |
- |
- |
130 |
- |
- |
| 1967 |
90 |
150 |
15 |
15 |
145 |
12 |
12 |
| 1968 |
60 |
190 |
27 |
21 |
177 |
21 |
17 |
| 1969 |
60 |
194 |
2 |
14 |
172 |
-2 |
10 |
| 1970 |
62 |
212 |
9 |
13 |
179 |
4 |
8 |
| 1971 |
68 |
242 |
14 |
13 |
194 |
8 |
8 |
| 1972 |
63 |
250 |
3 |
12 |
192 |
-1 |
7 |
| 1973 |
76 |
340 |
36 |
15 |
248 |
29 |
10 |
| 1974 |
78 |
380 |
12 |
14 |
254 |
2 |
9 |
| 1975 |
62 |
416 |
10 |
14 |
254 |
0 |
8 |
| 1976 |
63 |
434 |
4 |
13 |
250 |
-2 |
7 |
| 1977 |
70 |
450 |
4 |
12 |
244 |
-2 |
6 |
| 1978 |
76 |
525 |
17 |
12 |
266 |
9 |
6 |
| 1979 |
80 |
550 |
5 |
12 |
257 |
-3 |
5 |
| 1980 |
79 |
625 |
14 |
12 |
268 |
4 |
5 |
| 1981 |
70 |
763 |
22 |
13 |
299 |
12 |
6 |
| 1982 |
86 |
790 |
4 |
12 |
292 |
-2 |
5 |
| 1983 |
80 |
800 |
1 |
11 |
284 |
-3 |
5 |
| 1984 |
78 |
882 |
10 |
11 |
302 |
6 |
5 |
| 1985 |
73 |
891 |
1 |
11 |
296 |
-2 |
4 |
| 1986 |
75 |
800 |
-10 |
10 |
260 |
-12 |
4 |
| 1987 |
81 |
650 |
-19 |
8 |
206 |
-21 |
2 |
| 1988 |
88 |
587 |
-10 |
7 |
180 |
-13 |
1 |
| 1989 |
94 |
516 |
-12 |
6 |
152 |
-15 |
1 |
| 1990 |
85 |
575 |
11 |
6 |
163 |
7 |
1 |
| 1991 |
70 |
628 |
9 |
7 |
172 |
6 |
1 |
| 1992 |
73 |
630 |
0 |
6 |
169 |
-2 |
1 |
| 1993 |
84 |
550 |
-13 |
5 |
144 |
-15 |
0 |
| 1994 |
81 |
578 |
5 |
5 |
148 |
3 |
0 |
| 1995 |
67 |
610 |
6 |
5 |
153 |
4 |
1 |
| 1996 |
86 |
703 |
15 |
6 |
174 |
13 |
1 |
| 1997 |
87 |
736 |
5 |
6 |
179 |
3 |
1 |
| 1998 |
89 |
760 |
3 |
6 |
183 |
2 |
1 |
| 1999 |
83 |
825 |
9 |
6 |
195 |
7 |
1 |
| 2000 |
80 |
800 |
-3 |
5 |
185 |
-5 |
1 |
| 2001 |
70 |
970 |
21 |
6 |
220 |
18 |
2 |
| 2002 |
79 |
851 |
-12 |
5 |
189 |
-14 |
1 |
| 2003 |
71 |
850 |
0 |
5 |
185 |
-2 |
1 |
| 2004 |
88 |
926 |
9 |
5 |
196 |
6 |
1 |
| 2005 |
78 |
1201 |
30 |
6 |
247 |
26 |
2 |
| 2006 |
72 |
1374 |
14 |
6 |
274 |
11 |
2 |
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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