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 216 112 - - 112 - -
1967 200 110 -2 - 107 -5 -
1968 166 100 -9 - 93 -13 -
1969 192 100 0 - 89 -5 -
1970 190 104 4 - 88 -1 -
1971 318 104 0 -1 84 -4 -6
1972 240 120 15 2 92 10 -3
1973 282 129 8 5 94 2 0
1974 285 155 20 9 104 10 3
1975 306 150 -3 8 92 -11 1
1976 303 175 17 11 102 11 4
1977 286 200 14 11 109 8 3
1978 177 246 23 14 126 15 6
1979 260 250 2 10 118 -6 3
1980 214 298 19 15 129 10 7
1981 302 292 -2 11 116 -11 3
1982 282 300 3 8 112 -3 0
1983 280 294 -2 4 106 -6 -3
1984 262 318 8 5 110 5 -1
1985 254 225 -29 -5 76 -32 -10
1986 256 200 -11 -7 66 -13 -11
1987 320 188 -6 -9 60 -8 -12
1988 220 208 11 -7 65 7 -9
1989 269 200 -4 -9 60 -7 -12
1990 320 200 0 -2 58 -4 -5
1991 320 200 0 0 56 -3 -3
1992 240 203 2 2 55 -1 -2
1993 269 200 -1 -1 53 -4 -4
1994 320 226 13 2 59 11 0
1995 212 247 9 4 63 7 2
1996 278 225 -9 2 56 -11 0
1997 308 225 0 2 55 -2 0
1998 238 250 11 5 61 10 3
1999 317 244 -2 2 59 -4 0
2000 295 275 13 2 65 10 0
2001 321 300 9 6 69 7 4
2002 281 314 5 7 71 3 5
2003 320 350 12 7 78 9 5
2004 337 400 14 10 86 11 8
2005 378 500 25 13 105 21 10
2006 327 600 20 15 122 16 12
2007 320 721 20 18 143 17 15
2008 318 875 21 20 170 19 17
2009 279 805 -8 15 155 -9 12
2010 317 850 6 11 162 4 9
2011 320 848 0 7 158 -2 5
2012 279 858 1 4 157 -1 2
2013 327 952 11 2 172 9 0
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