Dallas Prairie (LMA 24)
Rural Land Prices
Counties: Collin, Dallas, Denton, Ellis, Hunt, Kaufman, Rains, Rockwall, Van Zandt

| 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 |
78 |
235 |
- |
- |
235 |
- |
- |
| 1967 |
79 |
239 |
2 |
2 |
232 |
-1 |
-1 |
| 1968 |
63 |
285 |
19 |
10 |
265 |
14 |
6 |
| 1969 |
60 |
326 |
14 |
11 |
288 |
9 |
7 |
| 1970 |
60 |
366 |
13 |
12 |
308 |
7 |
7 |
| 1971 |
64 |
400 |
9 |
11 |
321 |
4 |
6 |
| 1972 |
85 |
550 |
38 |
15 |
423 |
32 |
10 |
| 1973 |
88 |
600 |
9 |
14 |
437 |
3 |
9 |
| 1974 |
83 |
945 |
58 |
19 |
631 |
44 |
13 |
| 1975 |
60 |
750 |
-21 |
14 |
457 |
-27 |
8 |
| 1976 |
56 |
706 |
-6 |
12 |
407 |
-11 |
6 |
| 1977 |
54 |
737 |
4 |
11 |
400 |
-2 |
5 |
| 1978 |
54 |
802 |
9 |
11 |
406 |
2 |
5 |
| 1979 |
61 |
916 |
14 |
11 |
428 |
5 |
5 |
| 1980 |
73 |
1000 |
9 |
11 |
429 |
0 |
4 |
| 1981 |
60 |
1073 |
7 |
11 |
421 |
-2 |
4 |
| 1982 |
62 |
1250 |
16 |
11 |
462 |
10 |
4 |
| 1983 |
54 |
1264 |
1 |
10 |
449 |
-3 |
4 |
| 1984 |
69 |
1463 |
16 |
11 |
501 |
12 |
4 |
| 1985 |
72 |
1500 |
3 |
10 |
499 |
0 |
4 |
| 1986 |
52 |
1737 |
16 |
11 |
565 |
13 |
4 |
| 1987 |
53 |
1500 |
-14 |
9 |
475 |
-16 |
3 |
| 1988 |
84 |
1200 |
-20 |
8 |
367 |
-23 |
2 |
| 1989 |
74 |
1225 |
2 |
7 |
361 |
-2 |
2 |
| 1990 |
73 |
1000 |
-18 |
6 |
284 |
-21 |
1 |
| 1991 |
77 |
971 |
-3 |
6 |
266 |
-6 |
1 |
| 1992 |
76 |
907 |
-7 |
5 |
243 |
-9 |
0 |
| 1993 |
70 |
1000 |
10 |
6 |
262 |
8 |
0 |
| 1994 |
69 |
1118 |
12 |
6 |
287 |
9 |
1 |
| 1995 |
70 |
1133 |
1 |
6 |
285 |
-1 |
1 |
| 1996 |
55 |
1378 |
22 |
6 |
340 |
19 |
1 |
| 1997 |
65 |
1273 |
-8 |
6 |
309 |
-9 |
1 |
| 1998 |
63 |
1400 |
10 |
6 |
336 |
9 |
1 |
| 1999 |
53 |
1621 |
16 |
6 |
384 |
14 |
1 |
| 2000 |
53 |
1900 |
17 |
6 |
440 |
15 |
2 |
| 2001 |
49 |
2000 |
5 |
6 |
453 |
3 |
2 |
| 2002 |
51 |
2000 |
0 |
6 |
445 |
-2 |
2 |
| 2003 |
51 |
2435 |
22 |
7 |
530 |
19 |
2 |
| 2004 |
48 |
2780 |
14 |
7 |
589 |
11 |
2 |
| 2005 |
50 |
3359 |
21 |
7 |
691 |
17 |
3 |
| 2006 |
40 |
4400 |
31 |
8 |
879 |
27 |
3 |
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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