How much is land worth in Savage, Maryland?
The median price for land in Savage, Maryland is currently $158K per acre. For a typical parcel, the median sale price is $290K. Recently, the cheapest land sold for $290K while premium lots reached $290K.
Comprehensive market data and analysis• Updated Dec 2025
0.0 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | 1 | 1 | 1 | 1 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 1 | 1 | 1 |
Acreage buckets
The median price for land in Savage, Maryland is currently $158K per acre. For a typical parcel, the median sale price is $290K. Recently, the cheapest land sold for $290K while premium lots reached $290K.
Land in Savage, Maryland typically sells within 131 days of listing. The median time on market is 131 days. Properties are moving slowly in the current very hot seller's market.
Over the past 12 months, Savage, Maryland saw 1 properties sold, totaling $290K in sales volume. In just the last 3 months, 1 properties changed hands.
The current absorption rate in Savage, Maryland is 100.0% (3-month basis), indicating strong demand. The top-performing broker in this market is Long & Foster Real Estate, Inc..
Land in Savage, Maryland averages $158K per acre. The median price per acre is $158K, which may be more representative of typical transactions. Most parcels sold are around 1.8 acres.
The median land price in Savage, Maryland stands at $290K. This translates to roughly $158K per acre for the typical parcel size.
The 3-month absorption rate in Savage, Maryland is 100.0%. The 12-month rate is 100.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
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.