South Plains (LMA 3)
Rural Land Prices

Counties: Borden, Crosby, Dawson, Floyd, Garza, Hale, Lubbock, Lynn

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	335	-	-	335	-	-
1967	160	350	4	-	339	1	-
1968	160	269	-23	-	250	-26	-
1969	160	300	12	-	266	6	-
1970	160	300	0	-	253	-5	-
1971	160	291	-3	-3	233	-8	-7
1972	160	325	12	-1	250	7	-6
1973	160	350	8	5	255	2	0
1974	160	450	29	8	300	18	2
1975	160	456	1	9	278	-7	2
1976	160	478	5	10	276	-1	3
1977	160	550	15	11	298	8	4
1978	160	636	16	13	322	8	5
1979	161	650	2	8	304	-6	0
1980	184	750	15	10	322	6	3
1981	162	750	0	9	294	-9	1
1982	170	800	7	8	296	1	0
1983	160	700	-12	2	249	-16	-5
1984	160	625	-11	-1	214	-14	-7
1985	160	615	-2	-4	204	-5	-9
1986	160	425	-31	-11	138	-32	-14
1987	187	360	-15	-15	114	-18	-17
1988	198	400	11	-11	122	7	-13
1989	178	450	12	-6	133	8	-9
1990	160	469	4	-5	133	0	-8
1991	189	450	-4	1	124	-7	-2
1992	165	438	-3	4	117	-5	1
1993	164	430	-2	1	113	-4	-2
1994	202	448	4	0	115	2	-3
1995	160	474	6	0	119	3	-2
1996	194	469	-1	1	116	-3	-1
1997	200	450	-4	1	109	-6	-1
1998	172	480	7	2	115	6	0
1999	180	475	-1	1	112	-3	0
2000	164	494	4	1	114	2	-1
2001	209	475	-4	0	108	-6	-1
2002	175	450	-5	0	100	-7	-2
2003	197	500	11	1	109	9	-1
2004	194	500	0	1	106	-3	-1
2005	192	557	11	2	114	8	0
2006	200	596	7	5	118	3	2
2007	164	702	18	9	136	15	6
2008	205	850	21	11	161	18	8