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 216 430 219 163 143 292 315 92 151
1972 226 473 239 4.7% 174 139 318 6.5% 313 101 169 -0.8%
1973 290 730 263 28.6% 231 287 371 32.8% 466 120 143 49.0%
1974 341 990 264 17.4% 262 428 360 13.6% 524 208 145 12.4%
1975 383 1061 226 12.4% 280 403 278 6.9% 622 222 151 18.6%
               
               
1976 421 1123 211 9.8% 314 463 239 12.0% 679 242 136 9.2%
1977 483 1043 178 14.9% 362 446 172 15.1% 712 234 146 4.9%
1978 502 1106 208 3.9% 398 561 216 10.1% 765 213 137 7.4%
1979 572 1446 207 13.8% 463 725 216 16.2% 824 243 154 7.7%
1980 664 1142 203 16.2% 565 609 200 22.2% 902 171 170 9.4%
               
               
1981 678 1175 232 2.1% 524 578 239 -7.3% 987 267 178 9.4%
1982 670 983 195 -1.2% 502 485 193 -4.2% 949 226 162 -3.8%
1983 559 1055 228 -16.6% 418 532 247 -16.7% 896 250 154 -5.6%
1984 564 1271 196 1.0% 482 637 188 15.1% 809 309 146 -9.8%
1985 415 1449 235 -26.5% 336 711 260 -30.2% 591 346 166 -26.9%
               
               
1986 334 1499 236 -19.5% 280 768 243 -16.6% 489 368 165 -17.2%
1987 324 1459 222 -3.2% 289 839 218 3.0% 468 296 168 -4.4%
1988 305 1589 248 -5.8% 263 921 257 -9.1% 495 309 150 5.9%
1989 356 1683 213 16.8% 293 979 218 11.4% 583 301 159 17.7%
1990 346 1757 248 -2.6% 280 994 289 -4.2% 577 327 144 -1.2%
               
               
1991 337 1704 234 -2.8% 294 1027 252 4.7% 508 280 156 -11.9%
1992 340 1801 230 0.9% 292 1129 249 -0.6% 512 300 151 0.9%
1993 379 1865 229 11.7% 346 1134 246 18.6% 530 295 148 3.6%
1994 392 1671 217 3.4% 354 1059 224 2.5% 537 290 151 1.2%
1995* 369 293 242 -5.8% 305 115 263 -13.8% 252 83 381 -53.2%
               
               
1996* 381 394 232 3.2% 321 115 326 4.9% 476 113 172 89.2%
1997 404 992 233 6.0% 346 358 289 7.9% 447 269 206 -6.0%
1998 475 1323 212 17.4% 469 718 209 35.6% 564 290 154 26.2%
1999 521 1681 204 9.8% 532 1125 194 13.3% 573 295 155 1.5%
2000 698 2147 198 34.0% 751 1351 204 41.2% 676 303 148 18.0%
               
               
2001 670 1734 199 -4.1% 723 962 213 -3.7% 702 269 163 3.9%
2002 746 1453 233 11.3% 824 910 257 13.9% 691 191 165 -1.6%
2003 781 1599 258 4.7% 847 1002 292 2.8% 714 233 159 3.2%
2004 865 1630 237 10.8% 943 1012 262 11.3% 829 204 154 16.2%
2005 967 1487 244 11.8% 1043 972 274 10.6% 924 158 148 11.4%
               
               
2006 1097 1346 225 13.4% 1225 880 248 17.4% 908 184 150 -1.7%
2007 1229 1553 220 12.1% 1377 798 229 12.5% 908 235 185 0.1%
2008 1285 1346 197 4.5% 1408 712 199 2.3% 1167 193 155 28.5%