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

ZipMedian Est. ValueZipMedian Est. Value
21804

$ 237,083

$ 157/sqft

21801

$ 300,342

$ 148/sqft

Housing Market Summary for Salisbury, MD

Mar 2023February 2024Change
Median Listing Price$235K$222.7K-5.23%
Median Sold Price$205.5K$222.7K8.37%
Homes For Sale1171267.69%
Homes Sold631492-22.03%
Price
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Homes For Sale
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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%.

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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.

Foreclosure
There are 2 zips within Salisbury, MD; within these zips, the median estimated home value for homes in foreclosure ranges from $451,897 in 21804 to the lowest value of $71,818 in 21804. Foreclosure homes account for 0.00% of properties in Salisbury, MD with 21801 containing 18 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-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 Owned
    The 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.
  • Auctions
    21801 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.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.61% of residential properties in Salisbury, MD with 21804 containing 83 homes for sale, the highest number of listed properties in a single zip. There are 2 zips within Salisbury, MD; homes for sale in those zips, have a range of median values from $608,958 in 21804 to the lowest value of $67,980 in 21801.
    Sold Homes
    The median value for recently sold homes ranges from $1,371,084 in 21801 to the lowest price of $24,764 in 21801. There are 2 zips within Salisbury, MD. 21804 has 286 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.33% of properties in Salisbury, MD.

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