Comprehensive market data and analysis• Updated Dec 2025
21.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 2 | 2 | 3 | 5 |
| 1-2 acres | - | - | 1 | 1 |
| 2-5 acres | - | - | - | 2 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | 1 | 1 |
| 20-50 acres | - | - | 1 | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 2 | 2 | 6 | 10 |
Acreage buckets
The median price for land in Galena, Maryland is currently $47K per acre. For a typical parcel, the median sale price is $85K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $28K while premium lots reached $240K.
Galena, Maryland is currently a strong buyer's market with 21.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Galena, Maryland currently has 21.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The current absorption rate in Galena, Maryland is 4.8% (3-month basis), indicating slow demand. The top-performing broker in this market is Patterson-Schwartz-Middletown.
There are currently 14 active listings in Galena, Maryland. 1 new listings have hit the market in the last 90 days. The median asking price is $143K.
Land in Galena, Maryland typically sells within 98 days of listing. The median time on market is 62 days. Properties are moving at a moderate pace in the current strong buyer's market.
Over the past 12 months, Galena, Maryland saw 10 properties sold, totaling $1.4M in sales volume. In just the last 3 months, 2 properties changed hands.
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.
