Southwest Oklahoma Agricultural Land Values

Tracts>40 Acres Selling for <=$3,000/Acre

Annual Average
 
 
 
AV=Average Value/A, $
N=Sales, number
AS=Average Size, acres
YC=Yearly Change, %
  
 
       
Year All Sales Tracts 85%+ Pasture Tracts 85%+ Cropland
                         
  AV N AS YC AV N AS YC AV N AS YC
                         
               
               
1971 214 66 177 176 7 160 289 23 144
1972 175 66 233 -18.2% 115 11 218 -34.9% 267 15 157 -7.7%
1973 289 129 181 65.0% 187 12 265 62.7% 350 42 145 31.0%
1974 315 215 204 9.1% 166 23 460 -11.0% 423 91 144 20.9%
1975 376 180 167 19.4% 266 17 184 60.2% 503 57 153 18.8%
               
               
1976 423 239 189 12.4% 247 20 592 -7.2% 582 92 138 15.7%
1977 484 211 161 14.3% 332 25 179 34.1% 626 84 138 7.7%
1978 523 197 174 8.1% 347 21 194 4.7% 680 80 142 8.6%
1979 668 265 168 27.8% 489 31 160 40.6% 873 98 143 28.4%
1980 687 125 187 2.8% 468 7 248 -4.1% 941 41 148 7.8%
               
               
1981 660 198 217 -3.8% 510 24 234 8.9% 1029 72 146 9.3%
1982 744 157 170 12.7% 538 26 137 5.5% 974 56 157 -5.3%
1983 565 153 184 -24.1% 381 28 236 -29.2% 817 48 144 -16.2%
1984 501 215 201 -11.2% 353 18 298 -7.3% 810 85 132 -0.8%
1985 375 242 176 -25.1% 255 48 198 -27.9% 517 80 140 -36.2%
               
               
1986 224 222 291 -40.3% 126 40 809 -50.4% 396 80 152 -23.3%
1987 348 210 158 55.4% 291 33 154 129.9% 455 77 125 14.7%
1988 344 215 179 -1.3% 224 37 202 -23.0% 461 70 159 1.3%
1989 381 250 193 10.8% 249 54 315 11.3% 601 80 131 30.5%
1990 360 289 176 -5.5% 242 66 229 -2.7% 504 95 130 -16.1%
               
               
1991 333 281 185 -7.5% 224 51 243 -7.6% 436 88 144 -13.7%
1992 354 291 199 6.3% 239 73 282 6.5% 487 88 135 11.8%
1993 373 289 182 5.2% 284 63 205 19.0% 495 92 135 1.7%
1994 380 261 196 1.9% 269 50 320 -5.1% 528 97 143 6.7%
1995* 398 98 166 4.8% 366 28 182 35.7% 112 29 625 -78.8%
               
               
1996* 375 160 182 -5.8% 315 34 205 -13.8% 468 55 155 317.5%
1997 329 304 215 -12.1% 222 73 345 -29.5% 251 90 288 -46.4%
1998 351 254 207 6.5% 213 35 392 -4.1% 497 111 156 98.1%
1999 398 212 176 13.4% 370 43 160 73.9% 461 74 166 -7.3%
2000 459 239 198 15.4% 473 50 254 27.9% 548 61 147 19.0%
               
               
2001 483 263 202 5.1% 386 32 308 -18.4% 631 58 158 15.0%
2002 476 243 199 -1.4% 443 52 248 14.7% 553 65 173 -12.4%
2003 501 203 233 5.1% 464 50 349 4.6% 552 59 175 -0.1%
2004 584 277 216 16.6% 546 51 314 17.7% 701 93 170 27.0%
2005 649 214 208 11.2% 555 41 256 1.7% 791 62 154 12.9%
               
               
2006 670 160 186 3.2% 731 28 185 31.8% 736 54 151 -6.9%
2007 842 207 221 25.7% 1010 42 242 38.0% 887 68 163 20.5%
2008 945 219 189 12.2% 1057 59 217 4.7% 1037 62 150 17.0%
               
*Caution is advised when analyzing average annual land value patterns and trends during 1995 and 1996 due to minimal sales data available. Individual sale reports are omitted.