South Central 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 240 44 187 165 19 170 479 7 116
1972 207 28 163 -13.8% 179 19 165 8.6% 535 3 124 11.8%
1973 299 63 240 44.1% 251 37 277 39.9% 548 3 155 2.5%
1974 304 103 320 1.7% 278 60 423 10.7% 542 10 121 -1.1%
1975 401 120 179 32.2% 318 66 181 14.4% 825 14 116 52.2%
               
               
1976 491 114 163 22.2% 392 60 142 23.3% 1009 9 121 22.3%
1977 503 125 147 2.4% 388 61 153 -1.1% 911 16 138 -9.7%
1978 503 160 174 0.1% 437 94 160 12.7% 817 14 122 -10.4%
1979 558 210 172 10.8% 505 115 146 15.7% 852 11 160 4.3%
1980 709 138 135 27.2% 574 75 137 13.7% 1425 11 85 67.3%
               
               
1981 652 158 279 -8.1% 445 79 347 -22.5% 1504 19 143 5.5%
1982 746 125 160 14.5% 626 78 159 40.7% 1192 12 142 -20.7%
1983 714 159 178 -4.4% 548 79 170 -12.4% 1184 26 120 -0.7%
1984 704 170 170 -1.3% 528 96 192 -3.7% 1165 27 114 -1.6%
1985 614 190 148 -12.8% 510 102 142 -3.4% 1132 17 135 -2.9%
               
               
1986 413 223 189 -32.8% 382 120 177 -25.1% 587 21 129 -48.1%
1987 357 184 188 -13.6% 326 117 171 -14.6% 497 14 202 -15.3%
1988 374 185 197 4.7% 337 102 202 3.3% 709 16 155 42.6%
1989 390 171 188 4.5% 336 99 188 -0.3% 792 18 119 11.7%
1990 363 181 268 -7.1% 312 104 338 -7.2% 766 17 107 -3.3%
               
               
1991 388 195 207 7.0% 317 113 253 1.7% 868 20 122 13.4%
1992 428 154 148 10.4% 372 104 148 17.5% 817 11 97 -6.0%
1993 423 188 213 -1.3% 343 115 254 -8.0% 885 16 127 8.4%
1994 469 196 151 11.0% 404 125 153 17.9% 865 14 110 -2.2%
1995* 522 88 178 11.3% 488 51 152 20.7% 837 8 104 -3.2%
               
               
1996* 628 59 143 20.3% 588 25 155 20.4% 752 7 108 -10.2%
1997 590 111 183 -6.0% 579 63 160 -1.5% 1232 16 101 63.8%
1998 550 153 182 -6.9% 497 78 182 -14.2% 678 23 123 -44.9%
1999 582 160 185 5.9% 509 94 189 2.5% 783 23 145 15.4%
2000 681 246 224 17.0% 634 187 234 24.7% 996 28 145 27.2%
               
               
2001 757 175 186 11.1% 729 128 199 15.0% 958 25 154 -3.8%
2002 817 129 293 7.9% 832 103 276 14.0% 1031 7 92 7.6%
2003 888 154 200 8.6% 909 112 156 9.3% 1319 8 169 27.9%
2004 940 120 227 5.9% 981 77 217 7.9% 1013 2 160
2005 1288 71 207 37.0% 1324 57 199 35.0% 1469 3 93
               
               
2006 1347 61 217 4.6% 1355 47 229 2.3% 1260 4 147
2007 1457 101 222 8.2% 1399 75 209 3.3% 1444 9 196
2008 1662 83 163 14.1% 1777 58 147 27.0% 1
               
*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.