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Edwards Plateau - West (LMA 9)
Rural Land Prices

Counties: Coke, Concho, Crockett, Edwards, Glasscock, Irion, Kinney, Reagan, Schleicher, Sterling, Sutton, Tom Green, Upton, Val Verde

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 325 81 - - 81 - -
1967 313 112 38 38 109 34 34
1968 310 105 -6 14 98 -10 10
1969 282 110 5 11 97 0 6
1970 424 138 25 14 116 19 9
1971 482 100 -27 4 80 -31 0
1972 367 102 2 4 78 -2 -1
1973 640 163 60 11 119 51 6
1974 487 208 28 13 139 17 7
1975 408 250 20 13 152 10 7
1976 480 250 0 12 144 -5 6
1977 416 225 -10 10 122 -15 4
1978 317 300 33 12 152 25 5
1979 640 302 1 11 141 -7 4
1980 640 350 16 11 150 6 5
1981 386 401 15 11 157 5 5
1982 275 445 11 11 164 5 5
1983 375 495 11 11 176 7 5
1984 342 485 -2 10 166 -6 4
1985 317 575 19 11 191 15 5
1986 353 425 -26 9 138 -28 3
1987 736 296 -30 6 94 -32 1
1988 324 300 1 6 92 -2 1
1989 452 281 -6 6 83 -10 0
1990 488 250 -11 5 71 -14 -1
1991 640 225 -10 4 62 -13 -1
1992 741 270 20 5 72 17 0
1993 657 250 -7 4 66 -9 -1
1994 516 323 29 5 83 27 0
1995 570 333 3 5 84 1 0
1996 642 300 -10 4 74 -12 0
1997 640 343 14 5 83 12 0
1998 320 386 12 5 93 11 0
1999 381 400 4 5 95 2 0
2000 155 492 23 5 114 21 1
2001 183 493 0 5 112 -2 1
2002 166 550 12 5 122 10 1
2003 223 560 2 5 122 0 1
2004 255 694 24 6 147 21 2
2005 259 800 15 6 164 12 2
2006 192 950 19 6 190 15 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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