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Elkridge, Maryland Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
0
Sold (12M)
3
Median Price
$775K
Market Condition
Very Hot Seller's Market

Elkridge, Maryland Market Meter

Buyer'sSeller's
Very Hot Seller's Market

0.0 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$775K
Avg Price/Acre
$300K
Avg Days on Market
171
Months of Supply
0.0
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres----
2-5 acres-133
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL0133
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
2-5 acres3 sold / 0 listed

Median Price by Acreage

$0$388K$775K
2- 5

Acreage buckets

Key Market Indicators

Total Sales Volume
$2.1M
Last 12 months
Active Listings
0
Current inventory
Avg Days on Market
171
Time to sell
Price Trend (YoY)
-
Year over year

Elkridge, Maryland Land Market Analysis

How much is land worth in Elkridge, Maryland?

The median price for land in Elkridge, Maryland is currently $300K per acre. For a typical parcel, the median sale price is $775K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $635K while premium lots reached $775K.

What is the median land price in Elkridge, Maryland?

The median land price in Elkridge, Maryland stands at $775K. This translates to roughly $300K per acre for the typical parcel size. The average price is $717K, showing a fairly consistent market.

What is the average price per acre in Elkridge, Maryland?

Land in Elkridge, Maryland averages $305K per acre. The median price per acre is $300K, which may be more representative of typical transactions. Most parcels sold are around 2.3 acres.

What is the total amount sold in Elkridge, Maryland last year?

Over the past 12 months, Elkridge, Maryland saw 3 properties sold, totaling $2.1M in sales volume. In just the last 3 months, 1 properties changed hands.

How long does it take to sell land in Elkridge, Maryland?

Land in Elkridge, Maryland typically sells within 171 days of listing. The median time on market is 206 days. Properties are moving slowly in the current very hot seller's market.

Is now a good time to invest in land in Elkridge, Maryland?

The current absorption rate in Elkridge, Maryland is 100.0% (3-month basis), indicating strong demand. The top-performing broker in this market is Dream Realty, Inc..

What is the absorption rate for land in Elkridge, Maryland?

The 3-month absorption rate in Elkridge, Maryland is 100.0%. The 12-month rate is 100.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

Data Sources & Accuracy

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.

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