Comprehensive market data and analysis• Updated Dec 2025
17.4 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 7 | 17 |
| 1-2 acres | 5 | 6 | 7 | 9 |
| 2-5 acres | 1 | 3 | 5 | 5 |
| 5-10 acres | - | 2 | 2 | 5 |
| 10-20 acres | 1 | 1 | 2 | 9 |
| 20-50 acres | - | - | 1 | 3 |
| 50-100 acres | - | 1 | 2 | 4 |
| 100+ acres | - | - | - | 3 |
| TOTAL | 7 | 14 | 26 | 55 |
Acreage buckets
The median price for land in Allegany County, Maryland is currently $11K per acre. For a typical parcel, the median sale price is $35K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $11K while premium lots reached $213K.
Allegany County, Maryland is currently a strong buyer's market with 17.4 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 29.8% year-over-year.
Allegany County, Maryland currently has 17.4 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
Land in Allegany County, Maryland typically sells within 356 days of listing. The median time on market is 129 days. Properties are moving slowly in the current strong buyer's market.
There are currently 81 active listings in Allegany County, Maryland. 38 new listings have hit the market in the last 90 days. The median asking price is $51K.
The 3-month absorption rate in Allegany County, Maryland is 5.8%. The 12-month rate is 5.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The current absorption rate in Allegany County, Maryland is 5.8% (3-month basis), indicating slow demand. With depreciating values (-29.8% YoY), buyers may find value opportunities. The top-performing broker in this market is Coldwell Banker Premier.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
