Comprehensive market data and analysis• Updated Dec 2025
10.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 4 | 7 | 17 |
| 1-2 acres | 1 | 5 | 9 | 14 |
| 2-5 acres | 2 | 3 | 7 | 11 |
| 5-10 acres | 1 | 2 | 3 | 7 |
| 10-20 acres | - | 2 | 3 | 4 |
| 20-50 acres | 1 | 1 | 2 | 5 |
| 50-100 acres | - | - | - | 2 |
| 100+ acres | - | 1 | 1 | 2 |
| TOTAL | 6 | 18 | 32 | 62 |
Acreage buckets
The median price for land in Somerset County, Maryland is currently $15K per acre. For a typical parcel, the median sale price is $39K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $10K while premium lots reached $269K.
Somerset County, Maryland is currently a buyer's market with 10.5 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 48.5% year-over-year.
Somerset County, Maryland currently has 10.5 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
The current absorption rate in Somerset County, Maryland is 9.5% (3-month basis), indicating moderate demand. With depreciating values (-48.5% YoY), buyers may find value opportunities. The top-performing broker in this market is Long & Foster Real Estate, Inc..
Over the past 12 months, Somerset County, Maryland saw 62 properties sold, totaling $5.5M in sales volume. In just the last 3 months, 18 properties changed hands.
Land in Somerset County, Maryland averages $36K per acre. The median price per acre is $15K, which may be more representative of typical transactions. Most parcels sold are around 1.9 acres.
Land in Somerset County, Maryland typically sells within 243 days of listing. The median time on market is 112 days. Properties are moving slowly in the current buyer's market.
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.
