Somerset County, MD

Land Market Insights and Pricing in Somerset County, Maryland

On average, land listings in Somerset County, MD have a lot size of 167 acres and are priced around $656,988. The median price per acre in Somerset County, MD is $7,711.
Market Trends
Properties for Sale
118
Total Acreage for Sale
3,007 ac
Median Lot Size
67.3 ac
Average Lot Size
167.1 ac
Median List Price
$449,450
Average List Price
$656,988
Median Price Per Acre
$7,711 / ac
Total Price Reductions
Median Days on Market
172 days

Land for Sale in Somerset County,

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About Somerset County, MD
Somerset County, Maryland, offers a unique blend of coastal and inland landscapes, with 320 square miles of land bordering the Chesapeake Bay. The county's terrain transitions from marshy coastal areas to higher elevation inland regions suitable for agriculture and development. Water dominates the landscape, comprising 48% of the total area and providing abundant recreational opportunities. The State of Maryland Deal Island Wildlife Management Area, spanning 13,000 acres, showcases the county's commitment to conservation. Somerset's economy, historically rooted in agriculture, has diversified, with educational services and healthcare now employing 30.3% of the workforce. While property taxes align with the national average at 0.98%, potential buyers should note the county's lower median household price of $164,300 compared to the national figure, reflecting affordable land opportunities in this historically rich Eastern Shore region.

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Disclaimer: The metrics displayed on this page are calculated based on listings advertised on the Land Network for properties over 10 acres, excluding commercial properties. The data reflects the characteristics and trends of these specific types of listings. If you have any questions or need more detailed information, please contact Customer Support.