Wicomico County, MD Home Values & Market Trends

The median home price in Wicomico County, MD is $239,653.37. There were 1,565 home sales in Wicomico County, MD over the past 12 months. The median residential Wicomico County, MD home value for transactions over the previous year is $207,000. The number of current listings in Wicomico County, MD is 185, and the percentage of properties for sale is 185.00%. The county has 46 foreclosures, 8 bank owned properties, 12 headed for auction, and 185 properties for sale.

Wicomico County, MD Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Salisbury

$ 272,044

$ 153/sqft

Nanticoke

$ 56,247

$ 62/sqft

Fruitland

$ 296,923

$ 142/sqft

Mardela Springs

$ 272,366

$ 138/sqft

Delmar

$ 229,734

$ 165/sqft

Tyaskin

$ 279,900

$ 199/sqft

Hebron

$ 277,766

$ 152/sqft

Bivalve

$ 155,197

$ 118/sqft

Parsonsburg

$ 295,000

$ 179/sqft

Allen

$ --

$ --

Willards

$ 295,000

$ 224/sqft

Quantico

$ --

$ --

Pittsville

$ 327,858

$ 147/sqft

Sharptown

$ --

$ --

Housing Market Summary for Wicomico County, MD

Apr 2023March 2024Change
Median Listing Price$235K$227.1K-3.35%
Median Sold Price$210.2K$227.1K8.04%
Homes For Sale1771780.56%
Homes Sold866749-13.51%
Price
$/Sqft
Homes For Sale
0
0

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%.

0
0

Browse Homes in Wicomico County, MD

Wicomico County, MD home values range from $16,944 to $2,199,038. Willards is the priciest city with a median listing home price of $322,500, and Nanticoke is most affordable with average house prices of around $40,000.

Foreclosure
There are 14 cities within Wicomico County, MD; within these cities, the median estimated home value for homes in foreclosure ranges from $292,780 in Salisbury to the lowest value of $70,807 in Salisbury. Foreclosure homes account for 0.00% of properties in Wicomico County, MD with Salisbury containing 30 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.08% of all residential properties in Wicomico County, MD with Salisbury containing 20 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 14 cities within Wicomico County, MD; of those cities, the estimated home value for pre-foreclosure homes ranges from $442,017 in Parsonsburg to the lowest home value of $129,287 in Salisbury.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Wicomico County, MD ranges from the highest value of $324,537 in Willards to the lowest value of $83,345 in Nanticoke. Bank owned homes and properties account for 0.02% of properties in Wicomico County, MD. There are 14 cities within Wicomico County, MD; Salisbury containing 5 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Salisbury has 5 auction properties, the highest number of properties going to auction in a single city in the state of Wicomico County, MD. Auction homes and other auction properties account for 0.04% of all properties in Wicomico County, MD. There are 14 cities within Wicomico County, MD; of those cities, the median estimated home value for homes going to auction ranges from $348,877 in Delmar to the lowest value of $70,807 in Delmar.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.57% of residential properties in Wicomico County, MD with Salisbury containing 130 homes for sale, the highest number of listed properties in a single city. There are 14 cities within Wicomico County, MD; homes for sale in those cities, have a range of median values from $329,900 in Pittsville to the lowest value of $51,696 in Nanticoke.
    Sold Homes
    The median value for recently sold homes ranges from $669,668 in Nanticoke to the lowest price of $19,802 in Nanticoke. There are 14 cities within Wicomico County, MD. Salisbury has 531 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.48% of properties in Wicomico County, MD.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Wicomico County, MD
      $
      $

      Guide for Wicomico County, MD

      Market Reports
      Baltimore Real Estate Market Shows Promising Growth Trend – Mar 2024
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports
      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      See More Articles
      Baltimore Real Estate Market Shows Promising Growth Trend – Mar 2024
      Market Reports|posted 12 March 2024

      Baltimore’s real estate market showcases significant growth with increasing property values and sale prices, indicating robust demand and investor confidence.

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.

      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports|posted 17 April 2024

      Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.