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Piney Woods - South (LMA 31)
Rural Land Prices

Counties: Angelina, Jasper, Newton, Polk, Sabine, San Augustine, Trinity, Tyler

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 92 190 - - 190 - -
1967 106 242 27 27 234 23 23
1968 63 275 14 20 256 9 16
1969 80 322 17 19 285 12 14
1970 74 304 -6 12 256 -10 8
1971 106 307 1 10 246 -4 5
1972 84 333 8 10 256 4 5
1973 87 495 49 15 360 41 10
1974 100 468 -5 12 312 -13 6
1975 80 500 7 11 305 -2 5
1976 63 743 49 15 428 40 8
1977 100 700 -6 13 379 -11 6
1978 67 934 34 14 473 25 8
1979 60 800 -14 12 374 -21 5
1980 64 1055 32 13 452 21 6
1981 72 1200 14 13 470 4 6
1982 59 1484 24 14 548 17 7
1983 78 1362 -8 12 484 -12 6
1984 88 1598 17 13 547 13 6
1985 64 1200 -25 10 399 -27 4
1986 80 1025 -15 9 333 -16 3
1987 55 1075 5 9 340 2 3
1988 67 767 -29 7 235 -31 1
1989 55 803 5 6 237 1 1
1990 61 880 10 7 250 6 1
1991 82 900 2 6 247 -1 1
1992 99 748 -17 5 201 -19 0
1993 91 870 16 6 228 14 1
1994 84 901 4 6 231 1 1
1995 75 978 9 6 246 6 1
1996 55 1237 26 6 305 24 2
1997 76 1206 -2 6 293 -4 1
1998 49 1458 21 7 350 20 2
1999 61 1294 -11 6 306 -13 1
2000 52 1487 15 6 345 13 2
2001 40 1300 -13 6 294 -15 1
2002 64 1382 6 6 308 5 1
2003 80 1295 -6 5 282 -8 1
2004 64 1700 31 6 360 28 2
2005 54 1850 9 6 380 6 2
2006 76 2000 8 6 399 5 2

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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