North Central Plains (LMA 12)
Rural Land Prices
Counties: Archer, Baylor, Clay, Foard, Hardeman, Haskell, Jack, Knox, Shackelford, Stephens, Throckmorton, Wichita, Wilbarger, Young

| Year |
Median Tract Size (acres) |
Nominal |
Real |
Median* Price Per Acre |
Percentage Change |
Annual Compound 5-Year Growth Rate |
Median* Price per Acre |
Percentage Change |
Annual Compound 5-Year Growth Rate |
| 1966 |
160 |
130 |
- |
- |
130 |
- |
- |
| 1967 |
160 |
144 |
11 |
- |
140 |
8 |
- |
| 1968 |
160 |
145 |
1 |
- |
135 |
-3 |
- |
| 1969 |
160 |
150 |
3 |
- |
133 |
-1 |
- |
| 1970 |
160 |
159 |
6 |
- |
134 |
1 |
- |
| 1971 |
158 |
150 |
-6 |
3 |
120 |
-10 |
-1 |
| 1972 |
160 |
175 |
17 |
4 |
134 |
12 |
-1 |
| 1973 |
164 |
208 |
19 |
7 |
151 |
13 |
2 |
| 1974 |
160 |
252 |
21 |
11 |
168 |
11 |
5 |
| 1975 |
160 |
275 |
9 |
12 |
168 |
0 |
5 |
| 1976 |
160 |
301 |
9 |
15 |
174 |
3 |
8 |
| 1977 |
160 |
333 |
11 |
14 |
181 |
4 |
6 |
| 1978 |
146 |
376 |
13 |
13 |
191 |
6 |
5 |
| 1979 |
135 |
400 |
6 |
10 |
187 |
-2 |
2 |
| 1980 |
160 |
500 |
25 |
13 |
214 |
15 |
5 |
| 1981 |
160 |
562 |
12 |
13 |
220 |
3 |
5 |
| 1982 |
160 |
560 |
0 |
11 |
207 |
-6 |
3 |
| 1983 |
160 |
550 |
-2 |
8 |
195 |
-6 |
0 |
| 1984 |
160 |
575 |
5 |
8 |
197 |
1 |
1 |
| 1985 |
160 |
569 |
-1 |
3 |
189 |
-4 |
-2 |
| 1986 |
148 |
514 |
-10 |
-2 |
167 |
-12 |
-5 |
| 1987 |
151 |
450 |
-13 |
-4 |
142 |
-15 |
-7 |
| 1988 |
160 |
433 |
-4 |
-5 |
133 |
-7 |
-7 |
| 1989 |
160 |
400 |
-8 |
-7 |
118 |
-11 |
-10 |
| 1990 |
164 |
395 |
-1 |
-7 |
112 |
-5 |
-10 |
| 1991 |
173 |
391 |
-1 |
-5 |
107 |
-4 |
-9 |
| 1992 |
167 |
383 |
-2 |
-3 |
103 |
-4 |
-6 |
| 1993 |
160 |
379 |
-1 |
-3 |
99 |
-3 |
-6 |
| 1994 |
160 |
403 |
6 |
0 |
103 |
4 |
-3 |
| 1995 |
173 |
404 |
0 |
0 |
102 |
-2 |
-2 |
| 1996 |
160 |
450 |
11 |
3 |
111 |
9 |
1 |
| 1997 |
179 |
460 |
2 |
4 |
112 |
0 |
2 |
| 1998 |
150 |
403 |
-12 |
1 |
97 |
-13 |
-1 |
| 1999 |
160 |
548 |
36 |
6 |
130 |
34 |
5 |
| 2000 |
160 |
625 |
14 |
9 |
145 |
12 |
7 |
| 2001 |
150 |
596 |
-5 |
6 |
135 |
-7 |
4 |
| 2002 |
165 |
565 |
-5 |
4 |
126 |
-7 |
2 |
| 2003 |
152 |
600 |
6 |
8 |
131 |
4 |
6 |
| 2004 |
160 |
671 |
12 |
4 |
142 |
9 |
2 |
| 2005 |
162 |
850 |
27 |
6 |
175 |
23 |
4 |
| 2006 |
131 |
1110 |
31 |
13 |
221 |
26 |
10 |
| 2007 |
159 |
1500 |
35 |
22 |
290 |
32 |
18 |
| 2008 |
161 |
1407 |
-6 |
19 |
266 |
-8 |
15 |
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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