Comprehensive market data and analysis• Updated Dec 2025
9.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 1 | 2 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 1 | 2 |
Acreage buckets
The median price for land in New Market, Maryland is currently $310K per acre. For a typical parcel, the median sale price is $75K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $59K while premium lots reached $91K.
New Market, Maryland is currently a buyer's market with 9.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
New Market, Maryland currently has 9.0 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
Land in New Market, Maryland typically sells within 40 days of listing. The median time on market is 40 days. Properties are moving quickly in the current buyer's market.
The median land price in New Market, Maryland stands at $75K. This translates to roughly $310K per acre for the typical parcel size.
The current absorption rate in New Market, Maryland is 11.1% (3-month basis), indicating moderate demand. The top-performing broker in this market is Keller Williams Realty Centre.
There are currently 3 active listings in New Market, Maryland. The median asking price is $60K.
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.
