Edwards Plateau - West (LMA 9)
Rural Land Prices
Counties: Coke, Concho, Crockett, Edwards, Glasscock, Irion, Kinney, Reagan, Schleicher, Sterling, Sutton, Tom Green, Upton, Val Verde

| 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 |
325 |
81 |
- |
- |
81 |
- |
- |
| 1967 |
313 |
112 |
38 |
38 |
109 |
34 |
34 |
| 1968 |
310 |
105 |
-6 |
14 |
98 |
-10 |
10 |
| 1969 |
282 |
110 |
5 |
11 |
97 |
0 |
6 |
| 1970 |
424 |
138 |
25 |
14 |
116 |
19 |
9 |
| 1971 |
482 |
100 |
-27 |
4 |
80 |
-31 |
0 |
| 1972 |
367 |
102 |
2 |
4 |
78 |
-2 |
-1 |
| 1973 |
640 |
163 |
60 |
11 |
119 |
51 |
6 |
| 1974 |
487 |
208 |
28 |
13 |
139 |
17 |
7 |
| 1975 |
408 |
250 |
20 |
13 |
152 |
10 |
7 |
| 1976 |
480 |
250 |
0 |
12 |
144 |
-5 |
6 |
| 1977 |
416 |
225 |
-10 |
10 |
122 |
-15 |
4 |
| 1978 |
317 |
300 |
33 |
12 |
152 |
25 |
5 |
| 1979 |
640 |
302 |
1 |
11 |
141 |
-7 |
4 |
| 1980 |
640 |
350 |
16 |
11 |
150 |
6 |
5 |
| 1981 |
386 |
401 |
15 |
11 |
157 |
5 |
5 |
| 1982 |
275 |
445 |
11 |
11 |
164 |
5 |
5 |
| 1983 |
375 |
495 |
11 |
11 |
176 |
7 |
5 |
| 1984 |
342 |
485 |
-2 |
10 |
166 |
-6 |
4 |
| 1985 |
317 |
575 |
19 |
11 |
191 |
15 |
5 |
| 1986 |
353 |
425 |
-26 |
9 |
138 |
-28 |
3 |
| 1987 |
736 |
296 |
-30 |
6 |
94 |
-32 |
1 |
| 1988 |
324 |
300 |
1 |
6 |
92 |
-2 |
1 |
| 1989 |
452 |
281 |
-6 |
6 |
83 |
-10 |
0 |
| 1990 |
488 |
250 |
-11 |
5 |
71 |
-14 |
-1 |
| 1991 |
640 |
225 |
-10 |
4 |
62 |
-13 |
-1 |
| 1992 |
741 |
270 |
20 |
5 |
72 |
17 |
0 |
| 1993 |
657 |
250 |
-7 |
4 |
66 |
-9 |
-1 |
| 1994 |
516 |
323 |
29 |
5 |
83 |
27 |
0 |
| 1995 |
570 |
333 |
3 |
5 |
84 |
1 |
0 |
| 1996 |
642 |
300 |
-10 |
4 |
74 |
-12 |
0 |
| 1997 |
640 |
343 |
14 |
5 |
83 |
12 |
0 |
| 1998 |
320 |
386 |
12 |
5 |
93 |
11 |
0 |
| 1999 |
381 |
400 |
4 |
5 |
95 |
2 |
0 |
| 2000 |
155 |
492 |
23 |
5 |
114 |
21 |
1 |
| 2001 |
183 |
493 |
0 |
5 |
112 |
-2 |
1 |
| 2002 |
166 |
550 |
12 |
5 |
122 |
10 |
1 |
| 2003 |
223 |
560 |
2 |
5 |
122 |
0 |
1 |
| 2004 |
255 |
694 |
24 |
6 |
147 |
21 |
2 |
| 2005 |
259 |
800 |
15 |
6 |
164 |
12 |
2 |
| 2006 |
192 |
950 |
19 |
6 |
190 |
15 |
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.
|