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Garrett County, Maryland Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
157
Sold (12M)
168
Median Price
$70K
Market Condition
Buyer's Market

Garrett County, Maryland Market Meter

Buyer'sSeller's
Buyer's Market

11.2 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$70K
Avg Price/Acre
$29K
Avg Days on Market
161
Months of Supply
11.2
YoY Price Change
+24.4%
New Listings (3M)
28

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres1102750
1-2 acres2122346
2-5 acres291629
5-10 acres14817
10-20 acres23710
20-50 acres--26
50-100 acres1125
100+ acres-112
TOTAL94086165
📊 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 acres50 sold / 84 listed
1-2 acres46 sold / 33 listed
2-5 acres29 sold / 16 listed
5-10 acres17 sold / 9 listed
10-20 acres10 sold / 2 listed
20-50 acres6 sold / 4 listed
50-100 acres5 sold / 0 listed
100+ acres2 sold / 3 listed

Median Price by Acreage

$0$198K$395K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$18.7M
Last 12 months
Active Listings
157
Current inventory
Avg Days on Market
161
Time to sell
Price Trend (YoY)
+24.4%
Year over year

Garrett County, Maryland Land Market Analysis

How much is land worth in Garrett County, Maryland?

The median price for land in Garrett County, Maryland is currently $29K per acre. For a typical parcel, the median sale price is $70K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $20K while premium lots reached $258K.

Is now a good time to buy land in Garrett County, Maryland?

Garrett County, Maryland is currently a buyer's market with 11.2 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 24.4% year-over-year.

What is the months of supply for land in Garrett County, Maryland?

Garrett County, Maryland currently has 11.2 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.

What is the average price per acre in Garrett County, Maryland?

Land in Garrett County, Maryland averages $118K per acre. The median price per acre is $29K, which may be more representative of typical transactions. Most parcels sold are around 1.5 acres.

What is the total land for sale in Garrett County, Maryland?

There are currently 157 active listings in Garrett County, Maryland. 28 new listings have hit the market in the last 90 days. The median asking price is $120K.

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

Land in Garrett County, Maryland typically sells within 161 days of listing. The median time on market is 72 days. Properties are moving slowly in the current buyer's market.

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

The current absorption rate in Garrett County, Maryland is 8.9% (3-month basis), indicating moderate demand. With appreciating values (+24.4% YoY), the market shows growth potential. The top-performing broker in this market is Railey Realty, Inc..

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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