Comprehensive market data and analysis• Updated Dec 2025
13.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 1 | 5 |
| 1-2 acres | 1 | 1 | 1 | 1 |
| 2-5 acres | - | 1 | 3 | 5 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | 1 | 1 | 2 | 3 |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 2 | 4 | 7 | 15 |
Acreage buckets
The median price for land in Elkton, Maryland is currently $57K per acre. For a typical parcel, the median sale price is $140K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $24K while premium lots reached $249K.
Elkton, Maryland is currently a strong buyer's market with 13.5 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 6.0% year-over-year.
Elkton, Maryland currently has 13.5 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
There are currently 18 active listings in Elkton, Maryland. 3 new listings have hit the market in the last 90 days. The median asking price is $185K.
Land in Elkton, Maryland typically sells within 66 days of listing. The median time on market is 30 days. Properties are moving at a moderate pace in the current strong buyer's market.
Over the past 12 months, Elkton, Maryland saw 15 properties sold, totaling $2.1M in sales volume. In just the last 3 months, 4 properties changed hands.
The current absorption rate in Elkton, Maryland is 7.4% (3-month basis), indicating slow demand. With depreciating values (-6.0% YoY), buyers may find value opportunities. The top-performing broker in this market is Integrity Real Estate.
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.