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Coastal Prairie - South (LMA 20)
Rural Land Prices

Counties: Aransas, Bee, Goliad, Jim Wells, Kleberg, Live Oak, Nueces, Refugio, San Patricio

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 100 182 - - 182 - -
1967 104 250 37 - 242 33 -
1968 111 240 -4 - 223 -8 -
1969 97 250 4 - 222 -1 -
1970 90 250 0 - 210 -5 -
1971 100 300 20 10 240 14 6
1972 100 365 22 8 280 17 3
1973 90 400 10 11 291 4 5
1974 150 450 12 12 300 3 6
1975 147 500 11 15 305 2 8
1976 120 550 10 13 317 4 6
1977 100 575 5 10 312 -2 2
1978 170 648 13 10 328 5 2
1979 142 925 43 16 433 32 8
1980 102 982 6 14 421 -3 7
1981 130 1065 8 14 418 -1 6
1982 97 1200 13 16 443 6 7
1983 160 1195 0 13 425 -4 5
1984 120 1300 9 7 445 5 1
1985 121 1249 -4 5 415 -7 0
1986 99 1003 -20 -1 326 -21 -5
1987 120 871 -13 -6 276 -15 -9
1988 160 800 -8 -8 245 -11 -10
1989 153 769 -4 -10 227 -7 -13
1990 136 700 -9 -11 199 -12 -14
1991 129 652 -7 -8 179 -10 -11
1992 146 682 5 -5 183 2 -8
1993 137 616 -10 -5 161 -12 -8
1994 160 625 2 -4 160 -1 -7
1995 138 742 19 1 187 16 -1
1996 115 750 1 3 185 -1 1
1997 133 800 7 3 194 5 1
1998 123 828 3 6 199 2 4
1999 146 850 3 6 201 1 5
2000 144 850 0 3 197 -2 1
2001 110 1001 18 6 226 15 4
2002 124 1100 10 7 245 8 5
2003 143 1002 -9 4 218 -11 2
2004 128 1374 37 10 291 33 8
2005 100 1450 6 11 298 2 9
2006 120 1798 24 12 357 20 10
2007 86 2439 36 17 472 32 14
2008 100 2250 -8 18 426 -10 14

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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