Salisbury, MD Home Values & Market Trends
Real estate market trends reflect that there have been 961 transactions over the past year in Salisbury. The median value for residential home transactions that occurred over the previous year is $233,952.43. The number of current listings in Salisbury is 127, and the percentage of properties for sale in the city is 127.00%. Salisbury, MD currently has 30 properties in foreclosure, 4 bank owned properties, 10 properties headed for auction, and 127 properties for sale.
Salisbury, MD Real Estate Market Overview
Housing Market Summary for Salisbury, MD
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $235K | $222.7K | -5.23% |
Median Sold Price | $205.5K | $222.7K | 8.37% |
Homes For Sale | 117 | 126 | 7.69% |
Homes Sold | 631 | 492 | -22.03% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Salisbury, MD
Browse Homes in Salisbury, MD
Salisbury home values range from $18,388 to $2,138,805. The median estimated value of a home in Salisbury is $233,952.43. The median list price of a home is 240,000, and the total count of properties in the city is 20,923.
- Pre-ForeclosurePre-foreclosure homes account for 0.08% of all residential properties in Salisbury, MD with 21801 containing 13 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Salisbury, MD; of those zips, the estimated home value for pre-foreclosure homes ranges from $451,897 in 21804 to the lowest home value of $110,000 in 21801.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Salisbury, MD ranges from the highest value of $299,425 in 21804 to the lowest value of $106,616 in 21804. Bank owned homes and properties account for 0.02% of properties in Salisbury, MD. There are 2 zips within Salisbury, MD; 21804 containing 4 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions21801 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Salisbury, MD. Auction homes and other auction properties account for 0.05% of all properties in Salisbury, MD. There are 2 zips within Salisbury, MD; of those zips, the median estimated home value for homes going to auction ranges from $305,731 in 21801 to the lowest value of $71,818 in 21801.
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Guide for Salisbury, MD
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