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Piney Woods - South (LMA 31)
Rural Land Prices

Counties: Angelina, Jasper, Newton, Polk, Sabine, San Augustine, Trinity, Tyler

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 92 190 - - 190 - -
1967 106 242 27 - 234 23 -
1968 63 275 14 - 256 9 -
1969 80 322 17 - 285 12 -
1970 74 304 -6 - 256 -10 -
1971 106 307 1 10 246 -4 5
1972 84 333 8 7 256 4 2
1973 87 495 49 12 360 41 7
1974 100 468 -5 8 312 -13 2
1975 80 500 7 10 305 -2 4
1976 63 743 49 19 428 40 12
1977 100 700 -6 16 379 -11 8
1978 67 934 34 14 473 25 6
1979 60 800 -14 11 374 -21 4
1980 64 1055 32 16 452 21 8
1981 72 1200 14 10 470 4 2
1982 59 1484 24 16 548 17 8
1983 78 1362 -8 8 484 -12 0
1984 88 1598 17 15 547 13 8
1985 64 1200 -25 3 399 -27 -2
1986 80 1025 -15 -3 333 -16 -7
1987 55 1075 5 -6 340 2 -9
1988 67 767 -29 -11 235 -31 -13
1989 56 825 8 -12 243 4 -15
1990 61 880 7 -6 250 3 -9
1991 79 900 2 -3 247 -1 -6
1992 94 750 -17 -7 201 -19 -10
1993 91 870 16 3 228 13 -1
1994 84 901 4 2 231 1 -1
1995 75 978 9 2 246 6 0
1996 55 1237 26 7 305 24 4
1997 76 1206 -2 10 293 -4 8
1998 49 1458 21 11 350 20 9
1999 61 1294 -11 8 306 -13 6
2000 52 1395 8 7 323 6 6
2001 40 1300 -7 1 294 -9 -1
2002 64 1382 6 3 308 5 1
2003 80 1295 -6 -2 282 -8 -4
2004 64 1700 31 6 360 28 3
2005 53 1822 7 5 375 4 3
2006 76 2000 10 9 397 6 6
2007 55 2400 20 12 464 17 9
2008 64 3113 30 19 589 27 16

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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