Rural Land Prices

Hill Country - South (LMA 17)

Counties: Bandera, Blanco, Kendall, Kerr

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
Source: Real Estate Center at Texas A&M University.
Note: Real values are in 1966 dollars. * State medians are an average of the regional size-adjusted averages of medians
weighted by the percentage of land in each area.
1966 207 190 - - 190 - -
1967 159 222 17 - 216 14 -
1968 102 258 16 - 240 11 -
1969 95 256 -1 - 227 -6 -
1970 163 335 31 - 282 24 -
1971 200 368 10 14 296 5 9
1972 215 398 8 12 306 3 7
1973 376 500 26 14 364 19 9
1974 348 512 2 15 342 -6 9
1975 700 500 -2 8 305 -11 2
1976 176 860 72 18 496 63 11
1977 684 690 -20 12 374 -25 4
1978 216 725 5 8 368 -2 0
1979 474 800 10 9 375 2 2
1980 494 1158 45 18 497 33 10
1981 400 1100 -5 5 431 -13 -3
1982 303 1818 65 21 672 56 12
1983 332 1602 -12 17 570 -15 9
1984 225 2300 44 24 788 38 16
1985 232 2717 18 19 903 15 13
1986 254 2000 -26 13 651 -28 9
1987 246 1706 -15 -1 540 -17 -4
1988 200 1934 13 4 591 10 1
1989 155 1835 -5 -4 541 -9 -7
1990 147 1236 -33 -15 351 -35 -17
1991 266 900 -27 -15 247 -30 -18
1992 273 1077 20 -9 288 17 -12
1993 234 1330 23 -7 348 21 -10
1994 341 1329 0 -6 341 -2 -9
1995 211 1846 39 8 464 36 6
1996 278 2043 11 18 504 9 15
1997 398 1857 -9 12 450 -11 9
1998 284 1511 -19 3 362 -20 1
1999 153 3426 127 21 809 123 19
2000 99 2100 -39 3 485 -40 1
2001 55 3248 55 10 734 51 8
2002 73 3474 7 13 773 5 11
2003 103 4066 17 22 886 15 20
2004 60 4914 21 7 1041 18 5
2005 50 5800 18 23 1190 14 20
2006 36 7093 22 17 1409 18 14
2007 45 8431 19 19 1628 16 16
2008 38 9688 15 19 1830 12 16
2009 49 8375 -14 11 1565 -14 8
2010 66 8500 1 8 1571 0 6
2011 63 7049 -17 0 1276 -19 -2
2012 50 8500 21 0 1515 19 -1
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