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Coastal Prairie - North (LMA 19)
Rural Land Prices

Counties: Colorado, DeWitt, Fayette, Gonzales, Lavaca

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 96 200 - - 200 - -
1967 96 224 12 - 217 8 -
1968 78 281 26 - 261 21 -
1969 99 250 -11 - 222 -15 -
1970 98 300 20 - 253 14 -
1971 80 328 9 10 263 4 6
1972 106 350 7 9 269 2 4
1973 104 550 57 14 400 49 9
1974 102 600 9 19 400 0 13
1975 89 650 8 17 396 -1 9
1976 87 758 17 18 437 10 11
1977 82 750 -1 16 407 -7 9
1978 95 800 7 8 405 0 0
1979 93 1000 25 11 468 15 3
1980 96 1022 2 9 438 -6 2
1981 74 1500 47 15 588 34 6
1982 68 1492 0 15 551 -6 6
1983 70 1499 0 13 533 -3 6
1984 85 1515 1 9 519 -3 2
1985 74 1450 -4 7 482 -7 2
1986 76 1400 -3 -1 455 -5 -5
1987 60 1218 -13 -4 386 -15 -7
1988 60 1024 -16 -7 314 -19 -10
1989 81 950 -7 -9 280 -11 -12
1990 78 1000 5 -7 284 1 -10
1991 79 1000 0 -7 274 -3 -10
1992 84 925 -8 -5 248 -10 -8
1993 79 860 -7 -3 226 -9 -6
1994 92 884 3 -1 227 1 -4
1995 70 1000 13 0 252 11 -2
1996 74 1070 7 1 264 5 -1
1997 77 1159 8 5 282 7 3
1998 61 1581 36 13 380 35 11
1999 70 1500 -5 11 355 -6 9
2000 74 1390 -7 7 322 -9 5
2001 55 1645 18 9 372 16 7
2002 65 1520 -8 6 339 -9 4
2003 58 2000 32 5 436 29 3
2004 67 2392 20 10 507 16 7
2005 52 3065 28 17 630 24 14
2006 50 3368 10 15 669 6 12
2007 45 4625 37 25 895 34 21
2008 49 4638 0 18 877 -2 15

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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