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.
Fredericksburg TX Real Estate Market Report Average land price
Average price per acre and land values in Fredericksburg Texas
Starting with city lots , here we see some increased numbers. The average lot price in Fredericksburg ended 2018 at $75,555 that is up 4.7% over 2017 when the average lot was $72,795. and the total number of lots sold was up 4.4% with 69 lot sales in 2018.
Then moving out into the county with rural acreage tracts and ranches. Again here we have seen some pull back for those record 2017 numbers. Just looking at the straight average price per acre for all the land sales in Gillespie county , in 2018 we ended the year with an average price per acre of $9,594.97 which was down from the 2017 high of $10,389.51 per acre . We also saw less total transactions and less acres sold. In 2018 we sold 6082.48 acres in Gillespie county and in 2017 we sold 7320.56 acres so down about 17%.
Meanwhile looking at small acreage this is a segment that has stayed in high demand with 1 to 5 acre tracts jumping up to $52,769.90 per acre in 2018 compared to 2017 where the average 1 to 5 acre tract ended at $43,371.94 per acre, an increase of 17.9%.
2018 Fredericksburg and Gillespie County acreage and ranch prices :
1 to 5 acre tracts – average price was $52,769.90 per acre.
6 to 10 acre tracts – average price was $26,386.35 per acre.
11 to 25 acre tracts – average price was $17,632.31 per acre.
26 to 50 acre tracts – average price was $10,729.24 per acre.
51 to 100 acre tracts – average price was $7,711.70 per acre.
101 to 250 acre tracts – Average price was $7,644.33 per acre.
250 plus acre tracts – Average price was $5,930.22 per acre.
If you would like a complete breakdown of acreage and ranch sales for Fredericksburg please send me an email, I would be happy to share!
Fredericksburg Texas Average land and Ranch prices per acre
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. West of Fredericksburg is certainly less expensive than East town. And if a ranch includes views and live water such as a river or creek it certainly brings more per acre than a flat field with no trees. So even though a lot can be gleaned from the chart above, a complete picture can not be had without looking at each property that sold individually.
Based on information from the Central Hill Country Board of REALTORS® MLS
for the period 2006 through dates indicated on charts.
If you would like a complete breakdown of the price per acre over the past 10 years feel free to email me.
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