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Parsonsburg, Maryland Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
2
Sold (12M)
5
Median Price
$140K
Market Condition
Balanced Market

Parsonsburg, Maryland Market Meter

Buyer'sSeller's
Balanced Market

6.0 months of supply

Market conditions are relatively balanced between buyers and sellers.

Market Overview

Median Price
$140K
Avg Price/Acre
$15K
Avg Days on Market
99
Months of Supply
6.0
YoY Price Change
-
New Listings (3M)
1

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres--11
1-2 acres----
2-5 acres----
5-10 acres-112
10-20 acres--11
20-50 acres----
50-100 acres----
100+ acres--11
TOTAL0145
📊 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 acres1 sold / 1 listed
5-10 acres2 sold / 0 listed
10-20 acres1 sold / 0 listed
100+ acres1 sold / 1 listed

Median Price by Acreage

$0$238K$475K
0- 1
5- 10
10- 20
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$955K
Last 12 months
Active Listings
2
Current inventory
Avg Days on Market
99
Time to sell
Price Trend (YoY)
-
Year over year

Parsonsburg, Maryland Land Market Analysis

How much is land worth in Parsonsburg, Maryland?

The median price for land in Parsonsburg, Maryland is currently $15K 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 $85K while premium lots reached $351K.

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

Parsonsburg, Maryland is currently a balanced market with 6.0 months of supply. Conditions favor neither buyers nor sellers significantly.

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

Parsonsburg, Maryland currently has 6.0 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.

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

The 3-month absorption rate in Parsonsburg, Maryland is 16.7%. The 12-month rate is 20.8%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

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

Over the past 12 months, Parsonsburg, Maryland saw 5 properties sold, totaling $955K in sales volume. In just the last 3 months, 1 properties changed hands.

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

The current absorption rate in Parsonsburg, Maryland is 16.7% (3-month basis), indicating strong demand. The top-performing broker in this market is Long & Foster Real Estate, Inc..

What is the average price per acre in Parsonsburg, Maryland?

Land in Parsonsburg, Maryland averages $43K per acre. The median price per acre is $15K, which may be more representative of typical transactions. Most parcels sold are around 5.9 acres.

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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