Canadian Breaks (LMA 5)
Rural Land Prices
Counties: Hemphill, Hutchinson, Lipscomb, Oldham, Potter, Roberts

| 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 |
339 |
150 |
- |
- |
150 |
- |
- |
| 1967 |
213 |
166 |
10 |
10 |
161 |
7 |
7 |
| 1968 |
240 |
185 |
12 |
11 |
172 |
7 |
7 |
| 1969 |
312 |
214 |
16 |
13 |
190 |
10 |
8 |
| 1970 |
320 |
125 |
-42 |
-4 |
105 |
-45 |
-8 |
| 1971 |
307 |
105 |
-16 |
-7 |
84 |
-20 |
-11 |
| 1972 |
320 |
125 |
19 |
-3 |
96 |
14 |
-7 |
| 1973 |
640 |
102 |
-18 |
-5 |
74 |
-23 |
-10 |
| 1974 |
324 |
169 |
66 |
2 |
113 |
52 |
-4 |
| 1975 |
320 |
200 |
18 |
3 |
122 |
8 |
-2 |
| 1976 |
530 |
228 |
14 |
4 |
131 |
8 |
-1 |
| 1977 |
320 |
250 |
10 |
5 |
136 |
3 |
-1 |
| 1978 |
320 |
192 |
-23 |
2 |
98 |
-28 |
-4 |
| 1979 |
328 |
328 |
70 |
6 |
153 |
57 |
0 |
| 1980 |
320 |
290 |
-11 |
5 |
124 |
-19 |
-1 |
| 1981 |
471 |
226 |
-22 |
3 |
88 |
-29 |
-3 |
| 1982 |
640 |
300 |
33 |
4 |
111 |
25 |
-2 |
| 1983 |
444 |
251 |
-16 |
3 |
89 |
-20 |
-3 |
| 1984 |
598 |
281 |
12 |
4 |
96 |
8 |
-2 |
| 1985 |
289 |
225 |
-20 |
2 |
75 |
-22 |
-4 |
| 1986 |
320 |
202 |
-10 |
2 |
66 |
-12 |
-4 |
| 1987 |
363 |
168 |
-17 |
1 |
53 |
-19 |
-5 |
| 1988 |
320 |
161 |
-4 |
0 |
49 |
-8 |
-5 |
| 1989 |
480 |
218 |
35 |
2 |
64 |
30 |
-4 |
| 1990 |
1092 |
189 |
-13 |
1 |
54 |
-16 |
-4 |
| 1991 |
640 |
190 |
0 |
1 |
52 |
-3 |
-4 |
| 1992 |
647 |
180 |
-5 |
1 |
48 |
-7 |
-4 |
| 1993 |
430 |
179 |
-1 |
1 |
47 |
-3 |
-4 |
| 1994 |
532 |
219 |
22 |
1 |
56 |
20 |
-3 |
| 1995 |
640 |
183 |
-16 |
1 |
46 |
-18 |
-4 |
| 1996 |
640 |
202 |
10 |
1 |
50 |
8 |
-4 |
| 1997 |
569 |
232 |
15 |
1 |
56 |
13 |
-3 |
| 1998 |
325 |
225 |
-3 |
1 |
54 |
-4 |
-3 |
| 1999 |
455 |
236 |
5 |
1 |
56 |
3 |
-3 |
| 2000 |
629 |
244 |
4 |
1 |
57 |
1 |
-3 |
| 2001 |
320 |
325 |
33 |
2 |
74 |
30 |
-2 |
| 2002 |
320 |
265 |
-18 |
2 |
59 |
-20 |
-3 |
| 2003 |
480 |
267 |
1 |
2 |
58 |
-1 |
-3 |
| 2004 |
390 |
373 |
40 |
2 |
79 |
36 |
-2 |
| 2005 |
640 |
389 |
4 |
2 |
80 |
1 |
-2 |
| 2006 |
638 |
471 |
21 |
3 |
94 |
18 |
-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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