The median price per acre for small tracts of land leapt 16.4% from 2020 to 2021 and reached $7,530.
The median tract size during that time increased 6.7% to 32 acres.
Small land sales are defined as tracts with total acreage in the first through 20th percentiles of all land sales. That’s typically sales of 200 acres or less, except in Far West Texas, where it’s 8,000 acres or less.
Want to learn more about sales of small tracts of land and other real estate research? Find the 2022 Texas Small Land Sales Report and other reports at texasrealestate.com/research.