Rural Land Prices

Rolling Plains - North (LMA 6)

Counties: Childress, Collingworth, Cottle, Dickens, Donley, Hall, Kent, King, Motley, Stonewall, Wheeler

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 185 121 - - 121 - -
1967 165 120 -1 - 116 -4 -
1968 160 116 -4 - 107 -8 -
1969 160 106 -8 - 94 -13 -
1970 166 113 7 - 95 1 -
1971 280 107 -5 -2 86 -10 -7
1972 190 125 17 1 96 12 -4
1973 229 135 8 3 98 2 -2
1974 236 156 16 8 105 6 2
1975 213 165 5 8 101 -4 1
1976 195 185 12 12 107 6 4
1977 200 213 15 11 116 8 4
1978 164 250 17 13 127 10 5
1979 185 259 4 11 121 -4 3
1980 170 306 18 13 131 8 5
1981 210 300 -2 10 118 -11 2
1982 169 302 1 7 112 -5 -1
1983 175 300 -1 4 107 -4 -3
1984 160 344 15 6 118 11 -1
1985 160 268 -22 -3 89 -25 -8
1986 195 200 -25 -8 65 -27 -11
1987 172 207 4 -7 66 1 -10
1988 163 214 3 -7 65 0 -9
1989 205 207 -3 -10 61 -7 -12
1990 214 222 7 -4 63 3 -7
1991 284 204 -8 0 56 -11 -3
1992 185 215 5 1 58 3 -3
1993 247 208 -3 -1 55 -5 -4
1994 238 229 10 2 59 8 -1
1995 179 250 9 2 63 7 0
1996 250 229 -8 2 56 -10 0
1997 239 235 3 2 57 1 0
1998 189 250 6 4 60 5 2
1999 274 250 0 2 59 -1 0
2000 220 281 12 2 65 10 1
2001 320 307 9 6 69 7 4
2002 196 336 9 7 75 8 6
2003 253 374 11 8 81 9 6
2004 320 415 11 11 88 8 8
2005 320 500 20 12 103 17 10
2006 320 622 24 15 124 21 12
2007 319 750 20 17 145 17 14
2008 276 875 17 19 165 14 15
2009 231 800 -9 14 150 -10 11
2010 273 862 8 12 159 7 9
2011 236 846 -2 6 153 -4 4
2012 214 858 1 3 153 0 1
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