El Paso (LMA 33)
Rural Land Prices
Counties: El Paso

| 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 |
20 |
1225 |
- |
- |
1225 |
- |
- |
| 1967 |
34 |
1430 |
17 |
17 |
1387 |
13 |
13 |
| 1968 |
106 |
988 |
-31 |
-10 |
919 |
-34 |
-13 |
| 1969 |
85 |
800 |
-19 |
-13 |
709 |
-23 |
-17 |
| 1970 |
50 |
1400 |
75 |
3 |
1178 |
66 |
-1 |
| 1971 |
68 |
1750 |
25 |
7 |
1403 |
19 |
3 |
| 1972 |
58 |
1450 |
-17 |
3 |
1114 |
-21 |
-2 |
| 1973 |
88 |
1200 |
-17 |
0 |
873 |
-22 |
-5 |
| 1974 |
76 |
1833 |
53 |
5 |
1223 |
40 |
0 |
| 1975 |
26 |
1800 |
-2 |
4 |
1098 |
-10 |
-1 |
| 1976 |
36 |
2282 |
27 |
6 |
1316 |
20 |
1 |
| 1977 |
76 |
2000 |
-12 |
5 |
1084 |
-18 |
-1 |
| 1978 |
74 |
2950 |
48 |
8 |
1494 |
38 |
2 |
| 1979 |
33 |
3337 |
13 |
8 |
1561 |
4 |
2 |
| 1980 |
43 |
2500 |
-25 |
5 |
1072 |
-31 |
-1 |
| 1981 |
274 |
2750 |
10 |
6 |
1078 |
1 |
-1 |
| 1982 |
123 |
2000 |
-27 |
3 |
739 |
-31 |
-3 |
| 1983 |
147 |
2600 |
30 |
5 |
924 |
25 |
-2 |
| 1984 |
38 |
5250 |
102 |
8 |
1798 |
95 |
2 |
| 1985 |
48 |
3163 |
-40 |
5 |
1052 |
-42 |
-1 |
| 1986 |
42 |
5000 |
58 |
7 |
1626 |
55 |
1 |
| 1987 |
26 |
3164 |
-37 |
5 |
1002 |
-38 |
-1 |
| 1988 |
136 |
2508 |
-21 |
3 |
768 |
-23 |
-2 |
| 1989 |
79 |
4108 |
64 |
5 |
1212 |
58 |
0 |
| 1990 |
65 |
3107 |
-24 |
4 |
883 |
-27 |
-1 |
| 1991 |
79 |
2534 |
-18 |
3 |
695 |
-21 |
-2 |
| 1992 |
178 |
3950 |
56 |
5 |
1060 |
52 |
-1 |
| 1993 |
105 |
3000 |
-24 |
3 |
787 |
-26 |
-2 |
| 1994 |
26 |
4599 |
53 |
5 |
1181 |
50 |
0 |
| 1995 |
61 |
6517 |
42 |
6 |
1640 |
39 |
1 |
| 1996 |
121 |
4136 |
-37 |
4 |
1021 |
-38 |
-1 |
| 1997 |
31 |
5350 |
29 |
5 |
1300 |
27 |
0 |
| 1998 |
112 |
7822 |
46 |
6 |
1879 |
45 |
1 |
| 1999 |
173 |
2936 |
-62 |
3 |
695 |
-63 |
-2 |
| 2003 |
85 |
8500 |
190 |
5 |
1851 |
166 |
1 |
| 2004 |
94 |
9400 |
11 |
6 |
1991 |
8 |
1 |
| 2005 |
108 |
7500 |
-20 |
5 |
1542 |
-23 |
1 |
| 2006 |
145 |
10791 |
44 |
6 |
2155 |
40 |
1 |
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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