Statewide
Rural Land Prices
Counties: Texas

| 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 |
120 |
157 |
- |
- |
157 |
- |
- |
| 1967 |
110 |
169 |
7 |
- |
164 |
3 |
- |
| 1968 |
101 |
181 |
7 |
- |
169 |
3 |
- |
| 1969 |
100 |
190 |
4 |
- |
168 |
-1 |
- |
| 1970 |
107 |
204 |
7 |
- |
172 |
2 |
- |
| 1971 |
110 |
213 |
4 |
6 |
171 |
-1 |
1 |
| 1972 |
120 |
233 |
9 |
6 |
179 |
4 |
1 |
| 1973 |
153 |
304 |
30 |
10 |
222 |
23 |
5 |
| 1974 |
150 |
371 |
21 |
14 |
248 |
11 |
8 |
| 1975 |
126 |
384 |
3 |
13 |
234 |
-6 |
6 |
| 1976 |
128 |
412 |
7 |
14 |
238 |
1 |
6 |
| 1977 |
121 |
436 |
5 |
13 |
237 |
-1 |
5 |
| 1978 |
126 |
485 |
11 |
9 |
246 |
3 |
2 |
| 1979 |
132 |
543 |
11 |
7 |
254 |
3 |
0 |
| 1980 |
138 |
612 |
12 |
9 |
262 |
3 |
2 |
| 1981 |
124 |
708 |
15 |
11 |
278 |
5 |
3 |
| 1982 |
105 |
773 |
9 |
12 |
286 |
2 |
3 |
| 1983 |
113 |
796 |
2 |
10 |
283 |
-2 |
2 |
| 1984 |
125 |
841 |
5 |
9 |
288 |
1 |
2 |
| 1985 |
118 |
865 |
2 |
7 |
287 |
-1 |
1 |
| 1986 |
113 |
714 |
-18 |
0 |
232 |
-20 |
-4 |
| 1987 |
130 |
612 |
-15 |
-5 |
194 |
-17 |
-8 |
| 1988 |
139 |
575 |
-7 |
-7 |
176 |
-10 |
-10 |
| 1989 |
141 |
562 |
-3 |
-8 |
166 |
-6 |
-11 |
| 1990 |
135 |
537 |
-5 |
-10 |
152 |
-9 |
-12 |
| 1991 |
138 |
507 |
-6 |
-7 |
139 |
-9 |
-10 |
| 1992 |
145 |
500 |
-2 |
-4 |
134 |
-4 |
-8 |
| 1993 |
140 |
503 |
0 |
-3 |
132 |
-2 |
-6 |
| 1994 |
136 |
545 |
8 |
-1 |
140 |
6 |
-4 |
| 1995 |
122 |
586 |
7 |
1 |
147 |
5 |
-1 |
| 1996 |
111 |
638 |
8 |
4 |
158 |
6 |
2 |
| 1997 |
139 |
659 |
3 |
5 |
160 |
1 |
3 |
| 1998 |
139 |
720 |
9 |
7 |
173 |
8 |
5 |
| 1999 |
120 |
786 |
9 |
7 |
186 |
7 |
5 |
| 2000 |
117 |
837 |
6 |
7 |
194 |
4 |
5 |
| 2001 |
101 |
942 |
12 |
8 |
213 |
9 |
6 |
| 2002 |
107 |
958 |
1 |
7 |
213 |
0 |
5 |
| 2003 |
100 |
1101 |
14 |
8 |
240 |
12 |
6 |
| 2004 |
102 |
1273 |
15 |
10 |
270 |
12 |
7 |
| 2005 |
100 |
1485 |
16 |
12 |
305 |
13 |
9 |
| 2006 |
98 |
1818 |
22 |
14 |
361 |
18 |
11 |
| 2007 |
80 |
2186 |
20 |
17 |
423 |
17 |
14 |
| 2008 |
90 |
2359 |
7 |
16 |
446 |
5 |
13 |
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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