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 Mid Year | $51,817,085 | 54 | 2147.11 | 267 | $24,125.09 |
Average price per acre for Ranches and land values in Fredericksburg Texas
Lets talk about land sales where we are still seeing good demand .From Jan 1st to July 30 of this year we have sold 2446 acres for a total of $67,281,312. In the 1st 3 quarters of 23 we had sold 2033 acres for a total of $55,744,668 . The equities to a increase in total dollars of 20.69%. And about the same increase in the total number of acres sold of 20.26% And of course that demand has helped prices bump up a little
The average price across the county right now is at $23,162.37
And for a quick breakdown of acreage segments as of Sept 30, 2024
1 to 5 acres -67,251.10 per acre
6 to 10 acres -$40,299.32 per acre
11 to 25 acres – $31,764.66 per acre
26 to 50 acres -$31,424.52 per acre
51 to 100 acres -$20,268.95 per acre
101 to 250 acres -$1 7,294.87 per acre
250+ acres – $14,992.12 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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