Panhandle-Central (LMA 2)
Rural Land Prices

Counties: Armstrong, Briscoe, Carson, Castro, Deaf Smith, Gray, Parmer, Randall, Swisher

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	316	262	-	-	262	-	-
1967	260	270	3	-	262	0	-
1968	240	275	2	-	256	-2	-
1969	230	280	2	-	248	-3	-
1970	221	256	-8	-	216	-13	-
1971	304	273	6	1	219	1	-4
1972	244	250	-8	-2	192	-12	-6
1973	240	325	30	3	236	23	-2
1974	276	313	-4	2	209	-12	-3
1975	317	350	12	6	213	2	0
1976	286	350	0	5	202	-5	-2
1977	254	348	-1	7	189	-7	0
1978	200	369	6	3	187	-1	-5
1979	300	411	11	6	192	3	-2
1980	320	419	2	4	180	-7	-3
1981	285	500	19	7	196	9	-1
1982	320	500	0	8	185	-6	0
1983	320	400	-20	2	142	-23	-5
1984	320	406	2	0	139	-2	-6
1985	320	400	-1	-1	133	-4	-6
1986	320	300	-25	-10	98	-27	-13
1987	317	265	-12	-12	84	-14	-15
1988	320	325	23	-4	100	19	-7
1989	320	318	-2	-5	94	-6	-8
1990	320	352	11	-3	100	7	-6
1991	294	340	-4	3	93	-7	-1
1992	320	350	3	6	94	1	2
1993	320	326	-7	0	85	-9	-3
1994	320	325	0	0	83	-2	-2
1995	320	301	-7	-3	76	-9	-5
1996	320	378	26	2	93	23	0
1997	320	363	-4	1	88	-6	-1
1998	323	306	-16	-1	74	-16	-3
1999	320	338	10	1	80	9	-1
2000	320	344	2	3	80	0	1
2001	320	350	2	-2	79	-1	-3
2002	320	380	9	1	85	7	-1
2003	320	443	16	8	96	14	6
2004	321	426	-4	5	90	-6	2
2005	335	475	11	7	98	8	4
2006	323	523	10	8	104	6	6
2007	320	688	31	13	133	28	9
2008	320	888	29	15	168	26	12