Hill Country - North (LMA 14)
Rural Land Prices
Counties: Hamilton, McCulloch, Mills, Lampasas, San Saba

| 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 |
199 |
108 |
- |
- |
108 |
- |
- |
| 1967 |
181 |
118 |
9 |
9 |
114 |
6 |
6 |
| 1968 |
161 |
125 |
6 |
8 |
116 |
2 |
4 |
| 1969 |
208 |
141 |
13 |
9 |
125 |
7 |
5 |
| 1970 |
219 |
147 |
4 |
8 |
124 |
-1 |
3 |
| 1971 |
204 |
163 |
11 |
9 |
131 |
6 |
4 |
| 1972 |
186 |
200 |
23 |
11 |
154 |
18 |
6 |
| 1973 |
215 |
268 |
34 |
14 |
195 |
27 |
9 |
| 1974 |
240 |
312 |
17 |
14 |
209 |
7 |
9 |
| 1975 |
162 |
360 |
15 |
14 |
220 |
5 |
8 |
| 1976 |
193 |
350 |
-3 |
12 |
202 |
-8 |
6 |
| 1977 |
184 |
362 |
4 |
12 |
197 |
-3 |
6 |
| 1978 |
200 |
399 |
10 |
12 |
202 |
3 |
5 |
| 1979 |
180 |
427 |
7 |
11 |
200 |
-1 |
5 |
| 1980 |
218 |
499 |
17 |
12 |
214 |
7 |
5 |
| 1981 |
223 |
562 |
13 |
12 |
220 |
3 |
5 |
| 1982 |
190 |
650 |
16 |
12 |
240 |
9 |
5 |
| 1983 |
189 |
650 |
0 |
11 |
231 |
-4 |
5 |
| 1984 |
176 |
820 |
26 |
12 |
281 |
22 |
5 |
| 1985 |
190 |
900 |
10 |
12 |
299 |
7 |
6 |
| 1986 |
170 |
717 |
-20 |
10 |
233 |
-22 |
4 |
| 1987 |
150 |
676 |
-6 |
9 |
214 |
-8 |
3 |
| 1988 |
174 |
582 |
-14 |
8 |
178 |
-17 |
2 |
| 1989 |
186 |
541 |
-7 |
7 |
160 |
-10 |
2 |
| 1990 |
201 |
500 |
-8 |
7 |
142 |
-11 |
1 |
| 1991 |
217 |
450 |
-10 |
6 |
124 |
-13 |
1 |
| 1992 |
197 |
500 |
11 |
6 |
134 |
9 |
1 |
| 1993 |
210 |
496 |
-1 |
6 |
130 |
-3 |
1 |
| 1994 |
201 |
545 |
10 |
6 |
140 |
7 |
1 |
| 1995 |
165 |
610 |
12 |
6 |
153 |
10 |
1 |
| 1996 |
165 |
658 |
8 |
6 |
162 |
6 |
1 |
| 1997 |
172 |
721 |
10 |
6 |
175 |
8 |
2 |
| 1998 |
200 |
704 |
-2 |
6 |
169 |
-3 |
1 |
| 1999 |
140 |
850 |
21 |
6 |
201 |
19 |
2 |
| 2000 |
181 |
975 |
15 |
7 |
226 |
12 |
2 |
| 2001 |
135 |
1100 |
13 |
7 |
249 |
10 |
2 |
| 2002 |
171 |
1200 |
9 |
7 |
267 |
7 |
3 |
| 2003 |
163 |
1265 |
5 |
7 |
275 |
3 |
3 |
| 2004 |
160 |
1448 |
14 |
7 |
307 |
11 |
3 |
| 2005 |
159 |
1751 |
21 |
7 |
360 |
17 |
3 |
| 2006 |
135 |
2250 |
28 |
8 |
449 |
25 |
4 |
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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