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Savage, Maryland Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
0
Sold (12M)
1
Median Price
$290K
Market Condition
Very Hot Seller's Market

Savage, Maryland Market Meter

Buyer'sSeller's
Very Hot Seller's Market

0.0 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$290K
Avg Price/Acre
$158K
Avg Days on Market
131
Months of Supply
0.0
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres1111
2-5 acres----
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL1111
📊 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
1-2 acres1 sold / 0 listed

Median Price by Acreage

$0$145K$290K
1- 2

Acreage buckets

Key Market Indicators

Total Sales Volume
$290K
Last 12 months
Active Listings
0
Current inventory
Avg Days on Market
131
Time to sell
Price Trend (YoY)
-
Year over year

Savage, Maryland Land Market Analysis

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.

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

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.

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

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.

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

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..

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

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.

What is the median land price in Savage, Maryland?

The median land price in Savage, Maryland stands at $290K. This translates to roughly $158K per acre for the typical parcel size.

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

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.

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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