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Essex, Maryland Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
4
Sold (12M)
7
Median Price
$145K
Market Condition
Strong Buyer's Market

Essex, Maryland Market Meter

Buyer'sSeller's
Strong Buyer's Market

999.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$145K
Avg Price/Acre
$257K
Avg Days on Market
93
Months of Supply
999.0
YoY Price Change
-
New Listings (3M)
2

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres--25
1-2 acres----
2-5 acres---1
5-10 acres----
10-20 acres---1
20-50 acres----
50-100 acres----
100+ acres----
TOTAL0027
📊 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
0-1 acres5 sold / 3 listed
2-5 acres1 sold / 0 listed
5-10 acres0 sold / 1 listed
10-20 acres1 sold / 0 listed

Median Price by Acreage

$0$73K$145K
0- 1
2- 5
10- 20

Acreage buckets

Key Market Indicators

Total Sales Volume
$811K
Last 12 months
Active Listings
4
Current inventory
Avg Days on Market
93
Time to sell
Price Trend (YoY)
-
Year over year

Essex, Maryland Land Market Analysis

How much is land worth in Essex, Maryland?

The median price for land in Essex, Maryland is currently $257K per acre. For a typical parcel, the median sale price is $145K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $47K while premium lots reached $168K.

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

Over the past 12 months, Essex, Maryland saw 7 properties sold, totaling $811K in sales volume.

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

The 12-month rate is 14.6%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

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

Land in Essex, Maryland typically sells within 93 days of listing. The median time on market is 63 days. Properties are moving at a moderate pace in the current strong buyer's market.

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

The top-performing broker in this market is Annapolis Properties LLC.

What is the median land price in Essex, Maryland?

The median land price in Essex, Maryland stands at $145K. This translates to roughly $257K per acre for the typical parcel size. The average price is $116K, showing a fairly consistent market.

What is the total land for sale in Essex, Maryland?

There are currently 4 active listings in Essex, Maryland. 2 new listings have hit the market in the last 90 days. The median asking price is $140K.

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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