Somerset County Land Prices: $19,231 Per Acre (2025 Analysis)
In Maryland, land prices can vary significantly from one county to another. On average, an acre of land in Maryland costs $68,704. However, if you're looking for the most affordable option, Somerset County stands out as the cheapest at $19,231 per acre.
In contrast, Baltimore City is the most expensive with an average price of $218,021 per acre. This report will guide you through the land market in Somerset County, including current listings, market demand, and appreciation trends.
Current Cheap Land Listings in Somerset County (Updated Mar 2025)
As of Mar 05, 2025, there are 76 active listings in Somerset County with the cheapest price per acre.
Here are some of the listings with the lowest price per acre:
Address | Price | Lot Size | Price Per Acre | Link |
---|---|---|---|---|
2746 Calvary | $499,000 | 601.8 acres | $829 | View Listing |
0 Rumbley Rd | $139,000 | 148.3 acres | $937 | View Listing |
0 College Backbone Rd | $963,050 | 437.8 acres | $2,200 | View Listing |
Additionally, here are the listings with the absolute lowest price:
Address | Price | Lot Size | Price Per Acre | Link |
---|---|---|---|---|
0 Cove St | $7,300 | 0.2 acres | $35,959 | View Listing |
Parcel 75 Riley Roberts Rd | $9,500 | 1.0 acres | $9,500 | View Listing |
Parcel 455 Boone Rd | $10,000 | 0.6 acres | $16,091 | View Listing |
Market Demand Analysis for Somerset County
- Active Listings: 76
- Pending Sales: 13
- Sold (Last 12 months): 66
- Total Listings: 155
- Turnover Ratio: 86.8%
The turnover ratio (number of sold listings / number of active listings) in Somerset County is 87%, which is lower the state average of 116%. This indicates that land in Somerset County is less in demand compared to other parts of the state.
Relative to the number of parcels, land in Somerset County is more in demand than the state average of 0.14%. Here's a table showing the number of parcels, sold listings, and ratio for Somerset County and the top 3 counties:
County | Parcels | Sold Listings | Sold/Parcel Ratio |
---|---|---|---|
Somerset County | 16,999 | 66 | 0.39% |
Garrett County | 30,296 | 153 | 0.51% |
Somerset County | 16,999 | 66 | 0.39% |
Kent County | 13,755 | 43 | 0.31% |
Land Parcel Analysis
Relative to the number of parcels, land in Somerset County is more in demand than the state average of 0.14%. Here's how Somerset County's land market activity compares to the state average:
- Total Land Parcels in Somerset County: 16,999
- Percentage of Parcels Sold (Last 12 months): 0.39%
- State Average Percentage Sold: 0.14%
Land Appreciation
Land in Somerset County is appreciating at a rate of -2.7%, which is slower than the state average of -0.4%.
How Quickly Does Land Sell in Somerset County?
- Land in Somerset County sells slower than the state average.
- Median Days on Market in Somerset County: 225 days
- State Average: 152 days
This means that when land is listed for sale in Somerset County, it typically takes 225 days to find a buyer.
Best Land Brokers and Realtors in Somerset County
If you're looking for professional assistance in purchasing land, here are some of the top brokers and realtors in Somerset County who have sold the most land in Maryland over the last 12 months.
Broker | Phone | Transactions | Total Volume | Avg DOM |
---|---|---|---|---|
Railey Realty, Inc. | 301-387-2000 | 89 | $9,005,675 | 212 days |
The Land Group | 410-934-3478 | 26 | $8,183,967 | 168 days |
Exp Realty, Llc | 888-860-7369 | 46 | $6,462,400 | 193 days |
Meredith Fine Properties | 410-822-6272 | 16 | $5,615,084 | 38 days |
Winning Edge | 410-461-2800 | 13 | $5,415,797 | 136 days |
Long & Foster Real Estate, Inc. | 410-730-3456 | 1 | $5,139,008 | nan days |
Benson & Mangold, Llc | 410-822-6665 | 13 | $4,700,600 | 274 days |
Tyler Duncan Realty Partners, Inc. | 301-831-8575 | 1 | $4,600,000 | 853 days |
Taylor Made Deep Creek Vacations & Sales | 301-387-4700 | 29 | $4,062,500 | 198 days |
Northrop Realty | 302-539-0800 | 5 | $3,943,000 | 522 days |
Source
Data from this article comes from the LandScraper Platform.
The LandScraper Platform simplifies and automates the boring parts of land market research to help you find better markets, make better decisions - all while saving time and saving money.