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Edwards Plateau - West (LMA 9)
Rural Land Prices

Counties: Coke, Concho, Crockett, Edwards, Glasscock, Irion, Kinney, Reagan, Schleicher, Sterling, Sutton, Tom Green, Upton, Val Verde

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 325 81 - - 81 - -
1967 286 112 38 - 109 34 -
1968 310 105 -6 - 98 -10 -
1969 282 110 5 - 97 0 -
1970 424 138 25 - 116 19 -
1971 482 100 -27 4 80 -31 0
1972 367 102 2 -2 78 -2 -6
1973 640 163 60 9 119 51 4
1974 487 208 28 14 139 17 7
1975 408 250 20 13 152 10 6
1976 480 250 0 20 144 -5 12
1977 416 225 -10 17 122 -15 9
1978 317 300 33 13 152 25 5
1979 640 302 1 8 141 -7 0
1980 640 350 16 7 150 6 0
1981 386 401 15 10 157 5 2
1982 275 445 11 15 164 5 6
1983 375 495 11 11 176 7 3
1984 342 485 -2 10 166 -6 3
1985 317 575 19 10 191 15 5
1986 353 425 -26 1 138 -28 -3
1987 736 296 -30 -8 94 -32 -11
1988 320 300 1 -10 92 -2 -12
1989 452 281 -6 -10 83 -10 -13
1990 495 250 -11 -15 71 -14 -18
1991 640 225 -10 -12 62 -13 -15
1992 736 270 20 -2 72 17 -5
1993 657 250 -7 -4 66 -9 -7
1994 516 323 29 3 83 27 0
1995 570 333 3 6 84 1 3
1996 642 300 -10 6 74 -12 4
1997 640 343 14 5 83 12 3
1998 320 385 12 9 92 11 7
1999 381 400 4 4 95 2 3
2000 153 492 23 8 114 21 6
2001 183 493 0 10 112 -2 9
2002 163 543 10 10 121 8 8
2003 220 558 3 8 121 0 6
2004 249 694 24 12 147 21 9
2005 255 800 15 10 164 12 8
2006 192 950 19 14 189 15 11
2007 162 1217 28 18 235 25 14
2008 242 1250 3 18 236 0 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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