Fredericksburg TX Real Estate Market Report Average land price
This chart shows the history of the ranch sales and the average price per acre in the Fredericksburg TX Real Estate market and includes all raw land sales in Gillespie County.
Total Sales Home SalesTax Receipts Population Projection
Fredericksburg TX Real Estate Market Report Average land price
| Total Sells | Total Units | Total Acres | Avg DOM | Avg Price per acre | |
| 2006 | $47,936,933 | 153 | 5664.86 | 312 | $8,462.16 |
| 2007 | $38,703,842 | 121 | 4199.92 | 377 | $9,322.75 |
| 2008 | $31,138,739 | 96 | 3407.17 | 398 | $9,139.17 |
| 2009 | $17,023,700 | 53 | 1794.90 | 427 | $9,638.15 |
| 2010 | $16,464,524 | 49 | 2247.67 | 423 | $7,325.15 |
| 2011 | $21,909,308 | 68 | 3391.28 | 503 | $6,460.49 |
| 2012 | $25,498,122 | 78 | 4310.30 | 570 | $5.915.63 |
| 2013 | $37,092,120 | 112 | 5372.01 | 642 | $6,904.70 |
| 2014 | $43,380,914 | 122 | 5478.08 | 481 | $7,918.99 |
| 2015 | $53,202,586 | 128 | 6214.73 | 501 | $8,560.72 |
| 2016 | $67,887,481 | 135 | 8023.24 | 369 | $8,460.01 |
| 2017 | $76,057,049 | 150 | 7320.56 | 398 | $10,389.51 |
| 2018 | $58,361,177 | 125 | 6082.48 | 363 | $9,594.97 |
| 2019 | $44,454,221 | 108 | 3512.55 | 307 | $12,655.82 |
| 2020 | $102,052,503 | 190 | 7554.71 | 256 | $13,508.47 |
| 2021 | $123,175.868 | 257 | 7,135.23 | 221 | $17,263.05 |
| 2022 | $106,192,205 | 165 | 3,944.14 | 262 | $22,906.61 |
| 2023 | $70,851,208 | 96 | 3060.91 | 228 | $23,147.10 |
| 2024 | $61,212,712 | 91 | 2456.50 | 231 | $25,237.15 |
Average price per acre for Ranches and land values in Fredericksburg Texas
Raw land sales for Gillespie county….Here we’re seeing a reduction and volume just as we do in the residential market but overall raw land prices have been taking upwards this year. At the end of 2023 the average price per acre for the county was $23,147.10 compared to the end of 2024 the average price per acre for Gillespie County had climb to $25,237.15 so that’s a bump of roughly 9.02%, not bad. but as mentioned the total volume is still down in 2023 we sold 96 individual properties which equal 3060.91 acres for total of $70,851,208 compared to the end of 2024 where we sold 91 properties totaling 2456.5 acres for a total price of $61,212,712. That’s a decrease in the total dollars of 13.6%, total individual property sells down 5.21% and the total number of acres sold down 19.73%, so less sells but good appreciation rates.
The average price across the county right now is at $25,237.15
And for a quick breakdown of acreage segments as of Dec 30, 2024
1 to 5 acres -$55,998.94 per acre
6 to 10 acres – $40,517.61 per acre
11 to 25 acres -$32,019.16 per acre
26 to 50 acres -$26,777.77 per acre
51 to 100 acres – $19,245.21 per acre
101 to 250 acres – $17,298.84 per acre
250+ acres – $14,216.60 per acre
Then I have been tracking acreage sales on Highway 290 separately because that has become such a commercial product that I am not including those in the average price per acres I was just talking about. So the average price per acre for anything on Highway 290 for 2024 that number is $75,896.58 per acre
I also keep boot ranch numbers out of the general price per acre in the county but if you are curious the average price per acre in boot ranch which is usually a 1 to 5 acre tract is currently at $386,764,25 per acre which is why I don’t mix those sales into the usual averages
When you look at the chart above is easy to think you have a complete picture of the land and ranch market in Gillespie County. But just looking at the average price per acre of everything that has sold can be misleading. All land is not created equal. One must take into account where the majority of the land was sold in a certain year.
Based on information from the Central Hill Country Board of REALTORS® MLS for the period 2006 through dates indicated on charts.
email me at mike@mikestarks.com or call with any questions.
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