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Texas Realtors releases the latest edition of Texas Small Land Sales Report
AUSTIN, Texas, July 8, 2022 /PRNewswire/ — The demand for small tracts of land in Texas remained strong in 2021, pushing the median price per acre to another record high, according to the 2022 edition of the Texas Small Land Sales Report released today by Texas Realtors.
The median price per acre grew 16.4% year-over-year to $7,530 an acre. The total number of small land sales across Texas declined 7.8%, with 9,662 tracts sold.
“Although the median price per acre increased in most of the state, small land sales are still a popular option for buyers looking to own or invest in Texas real estate,” said Russell Berrychairman of Texas Realtors. “These properties are desirable for …
Full story available on Benzinga.com
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