Piney Woods - North (LMA 30)
Rural Land Prices
Counties: Anderson, Cherokee, Gregg, Harrison, Henderson, Houston, Nacogdoches, Panola, Rusk, Shelby, Smith

| 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 |
74 |
160 |
- |
- |
160 |
- |
- |
| 1967 |
76 |
175 |
9 |
9 |
170 |
6 |
6 |
| 1968 |
66 |
238 |
36 |
22 |
221 |
30 |
18 |
| 1969 |
80 |
251 |
5 |
16 |
222 |
0 |
12 |
| 1970 |
80 |
250 |
0 |
12 |
210 |
-5 |
7 |
| 1971 |
76 |
300 |
20 |
13 |
240 |
14 |
8 |
| 1972 |
88 |
350 |
17 |
14 |
269 |
12 |
9 |
| 1973 |
104 |
448 |
28 |
16 |
326 |
21 |
11 |
| 1974 |
100 |
546 |
22 |
17 |
364 |
12 |
11 |
| 1975 |
83 |
500 |
-8 |
13 |
305 |
-16 |
7 |
| 1976 |
96 |
550 |
10 |
13 |
317 |
4 |
7 |
| 1977 |
76 |
600 |
9 |
13 |
325 |
3 |
7 |
| 1978 |
96 |
650 |
8 |
12 |
329 |
1 |
6 |
| 1979 |
90 |
720 |
11 |
12 |
337 |
2 |
6 |
| 1980 |
85 |
850 |
18 |
13 |
365 |
8 |
6 |
| 1981 |
96 |
950 |
12 |
13 |
372 |
2 |
6 |
| 1982 |
72 |
1170 |
23 |
13 |
432 |
16 |
6 |
| 1983 |
80 |
1050 |
-10 |
12 |
373 |
-14 |
5 |
| 1984 |
83 |
1200 |
14 |
12 |
411 |
10 |
5 |
| 1985 |
86 |
1152 |
-4 |
11 |
383 |
-7 |
5 |
| 1986 |
75 |
1068 |
-7 |
10 |
347 |
-9 |
4 |
| 1987 |
85 |
932 |
-13 |
9 |
295 |
-15 |
3 |
| 1988 |
75 |
924 |
-1 |
8 |
283 |
-4 |
3 |
| 1989 |
78 |
874 |
-5 |
8 |
258 |
-9 |
2 |
| 1990 |
86 |
850 |
-3 |
7 |
241 |
-6 |
2 |
| 1991 |
95 |
800 |
-6 |
7 |
220 |
-9 |
1 |
| 1992 |
98 |
800 |
0 |
6 |
215 |
-2 |
1 |
| 1993 |
91 |
777 |
-3 |
6 |
204 |
-5 |
1 |
| 1994 |
88 |
850 |
9 |
6 |
218 |
7 |
1 |
| 1995 |
68 |
895 |
5 |
6 |
225 |
3 |
1 |
| 1996 |
68 |
900 |
1 |
6 |
222 |
-1 |
1 |
| 1997 |
68 |
1000 |
11 |
6 |
243 |
9 |
1 |
| 1998 |
65 |
1033 |
3 |
6 |
248 |
2 |
1 |
| 1999 |
58 |
1156 |
12 |
6 |
274 |
10 |
2 |
| 2000 |
80 |
974 |
-16 |
5 |
226 |
-18 |
1 |
| 2001 |
53 |
1224 |
26 |
6 |
277 |
23 |
2 |
| 2002 |
63 |
1157 |
-6 |
6 |
258 |
-7 |
1 |
| 2003 |
60 |
1404 |
21 |
6 |
306 |
19 |
2 |
| 2004 |
53 |
1588 |
13 |
6 |
336 |
10 |
2 |
| 2005 |
68 |
1825 |
15 |
6 |
375 |
12 |
2 |
| 2006 |
105 |
2156 |
18 |
7 |
431 |
15 |
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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