Rio Grande Plains (LMA 11)
Rural Land Prices
Counties: Brooks, Dimmit, Duval, Jim Hogg, Kenedy, La Salle, McMullen, Starr, Webb, Zapata

| Year |
Median Tract Size (acres) |
Nominal |
Real |
Median* Price Per Acre |
Percentage Change |
Annual Compound 5-Year Growth Rate |
Median* Price per Acre |
Percentage Change |
Annual Compound 5-Year Growth Rate |
| 1966 |
200 |
100 |
- |
- |
100 |
- |
- |
| 1967 |
470 |
89 |
-11 |
- |
86 |
-14 |
- |
| 1968 |
603 |
100 |
12 |
- |
93 |
8 |
- |
| 1969 |
625 |
100 |
0 |
- |
89 |
-5 |
- |
| 1970 |
704 |
120 |
20 |
- |
101 |
14 |
- |
| 1971 |
320 |
141 |
18 |
7 |
113 |
12 |
2 |
| 1972 |
338 |
150 |
6 |
11 |
115 |
2 |
6 |
| 1973 |
351 |
212 |
41 |
16 |
154 |
34 |
11 |
| 1974 |
425 |
230 |
8 |
18 |
154 |
0 |
12 |
| 1975 |
806 |
256 |
11 |
16 |
156 |
2 |
9 |
| 1976 |
672 |
265 |
4 |
13 |
153 |
-2 |
6 |
| 1977 |
416 |
312 |
18 |
16 |
169 |
11 |
8 |
| 1978 |
1120 |
350 |
12 |
11 |
177 |
5 |
3 |
| 1979 |
844 |
390 |
12 |
11 |
183 |
3 |
4 |
| 1980 |
894 |
451 |
15 |
12 |
193 |
6 |
4 |
| 1981 |
1481 |
500 |
11 |
14 |
196 |
1 |
5 |
| 1982 |
890 |
574 |
15 |
13 |
212 |
8 |
5 |
| 1983 |
852 |
630 |
10 |
12 |
224 |
5 |
5 |
| 1984 |
649 |
672 |
7 |
11 |
230 |
3 |
5 |
| 1985 |
403 |
669 |
0 |
8 |
222 |
-3 |
3 |
| 1986 |
499 |
550 |
-18 |
2 |
179 |
-20 |
-2 |
| 1987 |
400 |
450 |
-18 |
-5 |
142 |
-20 |
-8 |
| 1988 |
575 |
432 |
-4 |
-7 |
132 |
-7 |
-10 |
| 1989 |
729 |
398 |
-8 |
-10 |
117 |
-11 |
-13 |
| 1990 |
669 |
425 |
7 |
-9 |
121 |
3 |
-12 |
| 1991 |
539 |
400 |
-6 |
-6 |
110 |
-9 |
-9 |
| 1992 |
703 |
335 |
-16 |
-6 |
90 |
-18 |
-9 |
| 1993 |
582 |
388 |
16 |
-2 |
102 |
13 |
-5 |
| 1994 |
603 |
400 |
3 |
0 |
103 |
1 |
-3 |
| 1995 |
653 |
472 |
18 |
2 |
119 |
16 |
0 |
| 1996 |
698 |
462 |
-2 |
3 |
114 |
-4 |
1 |
| 1997 |
711 |
492 |
6 |
8 |
120 |
5 |
6 |
| 1998 |
662 |
540 |
10 |
7 |
130 |
9 |
5 |
| 1999 |
700 |
597 |
11 |
8 |
141 |
9 |
7 |
| 2000 |
720 |
645 |
8 |
6 |
149 |
6 |
5 |
| 2001 |
405 |
708 |
10 |
9 |
160 |
7 |
7 |
| 2002 |
585 |
800 |
13 |
10 |
178 |
11 |
8 |
| 2003 |
454 |
881 |
10 |
10 |
192 |
8 |
8 |
| 2004 |
549 |
945 |
7 |
10 |
200 |
4 |
7 |
| 2005 |
300 |
1200 |
27 |
13 |
247 |
23 |
11 |
| 2006 |
370 |
1460 |
22 |
16 |
290 |
18 |
13 |
| 2007 |
333 |
1724 |
18 |
17 |
333 |
15 |
13 |
| 2008 |
256 |
1845 |
7 |
16 |
349 |
5 |
13 |
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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