Statewide
Rural Land Prices
Counties: Texas

| 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 |
120 |
157 |
- |
- |
157 |
- |
- |
| 1967 |
110 |
169 |
8 |
8 |
164 |
4 |
4 |
| 1968 |
101 |
181 |
7 |
7 |
168 |
2 |
3 |
| 1969 |
100 |
190 |
5 |
7 |
168 |
0 |
2 |
| 1970 |
107 |
204 |
7 |
7 |
172 |
2 |
2 |
| 1971 |
110 |
213 |
4 |
6 |
171 |
-1 |
2 |
| 1972 |
120 |
233 |
9 |
7 |
179 |
5 |
2 |
| 1973 |
153 |
304 |
30 |
10 |
221 |
23 |
5 |
| 1974 |
150 |
372 |
22 |
11 |
248 |
12 |
6 |
| 1975 |
126 |
384 |
3 |
10 |
234 |
-6 |
5 |
| 1976 |
128 |
412 |
7 |
10 |
238 |
2 |
4 |
| 1977 |
121 |
436 |
6 |
10 |
236 |
-1 |
4 |
| 1978 |
126 |
485 |
11 |
10 |
246 |
4 |
4 |
| 1979 |
132 |
544 |
12 |
10 |
254 |
3 |
4 |
| 1980 |
138 |
613 |
13 |
10 |
263 |
4 |
4 |
| 1981 |
124 |
708 |
15 |
11 |
278 |
6 |
4 |
| 1982 |
105 |
773 |
9 |
10 |
286 |
3 |
4 |
| 1983 |
113 |
796 |
3 |
10 |
283 |
-1 |
4 |
| 1984 |
125 |
842 |
6 |
10 |
288 |
2 |
3 |
| 1985 |
118 |
865 |
3 |
9 |
288 |
0 |
3 |
| 1986 |
113 |
714 |
-17 |
8 |
232 |
-19 |
2 |
| 1987 |
130 |
611 |
-14 |
7 |
193 |
-17 |
1 |
| 1988 |
139 |
574 |
-6 |
6 |
176 |
-9 |
1 |
| 1989 |
141 |
562 |
-2 |
6 |
166 |
-6 |
0 |
| 1990 |
135 |
539 |
-4 |
5 |
153 |
-8 |
0 |
| 1991 |
138 |
508 |
-6 |
5 |
139 |
-9 |
0 |
| 1992 |
145 |
499 |
-2 |
5 |
134 |
-4 |
-1 |
| 1993 |
140 |
503 |
1 |
4 |
132 |
-1 |
-1 |
| 1994 |
136 |
544 |
8 |
5 |
140 |
6 |
0 |
| 1995 |
122 |
586 |
8 |
5 |
147 |
5 |
0 |
| 1996 |
111 |
638 |
9 |
5 |
158 |
7 |
0 |
| 1997 |
139 |
657 |
3 |
5 |
160 |
1 |
0 |
| 1998 |
139 |
723 |
10 |
5 |
174 |
9 |
0 |
| 1999 |
120 |
786 |
9 |
5 |
186 |
7 |
1 |
| 2000 |
117 |
842 |
7 |
5 |
195 |
5 |
1 |
| 2001 |
101 |
945 |
12 |
5 |
214 |
10 |
1 |
| 2002 |
107 |
974 |
3 |
5 |
217 |
1 |
1 |
| 2003 |
100 |
1097 |
13 |
5 |
239 |
10 |
1 |
| 2004 |
102 |
1274 |
16 |
6 |
270 |
13 |
1 |
| 2005 |
100 |
1483 |
16 |
6 |
305 |
13 |
2 |
| 2006 |
99 |
1825 |
23 |
6 |
364 |
19 |
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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