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Piney Woods - North (LMA 30)
Rural Land Prices

Counties: Anderson, Cherokee, Gregg, Harrison, Henderson, Houston, Nacogdoches, Panola, Rusk, Shelby, Smith

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 74 160 - - 160 - -
1967 76 175 9 9 170 6 6
1968 66 238 36 22 221 30 18
1969 80 251 5 16 222 0 12
1970 80 250 0 12 210 -5 7
1971 76 300 20 13 240 14 8
1972 88 350 17 14 269 12 9
1973 104 448 28 16 326 21 11
1974 100 546 22 17 364 12 11
1975 83 500 -8 13 305 -16 7
1976 96 550 10 13 317 4 7
1977 76 600 9 13 325 3 7
1978 96 650 8 12 329 1 6
1979 90 720 11 12 337 2 6
1980 85 850 18 13 365 8 6
1981 96 950 12 13 372 2 6
1982 72 1170 23 13 432 16 6
1983 80 1050 -10 12 373 -14 5
1984 83 1200 14 12 411 10 5
1985 86 1152 -4 11 383 -7 5
1986 75 1068 -7 10 347 -9 4
1987 85 932 -13 9 295 -15 3
1988 75 924 -1 8 283 -4 3
1989 78 874 -5 8 258 -9 2
1990 86 850 -3 7 241 -6 2
1991 95 800 -6 7 220 -9 1
1992 98 800 0 6 215 -2 1
1993 91 777 -3 6 204 -5 1
1994 88 850 9 6 218 7 1
1995 68 895 5 6 225 3 1
1996 68 900 1 6 222 -1 1
1997 68 1000 11 6 243 9 1
1998 65 1033 3 6 248 2 1
1999 58 1156 12 6 274 10 2
2000 80 974 -16 5 226 -18 1
2001 53 1224 26 6 277 23 2
2002 63 1157 -6 6 258 -7 1
2003 60 1404 21 6 306 19 2
2004 53 1588 13 6 336 10 2
2005 68 1825 15 6 375 12 2
2006 105 2156 18 7 431 15 3

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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