Comprehensive market data and analysis• Updated Dec 2025
22.2 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 8 | 12 |
| 1-2 acres | 1 | 1 | 3 | 7 |
| 2-5 acres | - | 1 | 2 | 4 |
| 5-10 acres | 1 | 2 | 2 | 2 |
| 10-20 acres | - | - | 1 | 2 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 2 | 5 | 16 | 27 |
Acreage buckets
The median price for land in Chestertown, Maryland is currently $37K per acre. For a typical parcel, the median sale price is $58K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $10K while premium lots reached $253K.
Chestertown, Maryland is currently a strong buyer's market with 22.2 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 35.4% year-over-year.
Chestertown, Maryland currently has 22.2 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The 3-month absorption rate in Chestertown, Maryland is 4.5%. The 12-month rate is 6.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Chestertown, Maryland saw 27 properties sold, totaling $2.8M in sales volume. In just the last 3 months, 5 properties changed hands.
The current absorption rate in Chestertown, Maryland is 4.5% (3-month basis), indicating slow demand. With appreciating values (+35.4% YoY), the market shows growth potential. The top-performing broker in this market is Select Land & Homes, LLC.
Land in Chestertown, Maryland averages $870K per acre. The median price per acre is $37K, which may be more representative of typical transactions. Most parcels sold are around 1.0 acres.
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.
