Home      News Publications Data Resources Home
   Data
Building permits
Employment
Home Sales
Housing Affordability
Population
Rural Land

 

Market Reports
Texas Cities...



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.

 
  Solutions Through Research
News   ::   Publications   ::   Data   ::   Software   ::   Education   ::   Cybersites   ::   Store   ::   Site Map