Salisbury - MD housing market
The Salisbury metro has a typical home value of $426,316, down 0.7% from a year ago. Homes sell in 25 days on average - a balanced market. 21% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($426,316) is the Zillow Home Value Index for the Salisbury - MD metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are down 0.7% over the past year. A home worth $429,321 last year is now worth roughly $426,316.
The median sale price , what homes actually close for , is $415,707. Homes are selling at 96.9% of list price, meaning buyers have room to negotiate.
Homes listed in Salisbury - MD sit on the market for roughly 25 days before going pending. Shorter = seller's market; longer = buyer's market.
About 21.4% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 880 new listings hit the market each month in Salisbury - MD. There are currently 2,888 homes for sale, up 11.1% from a year ago.
The typical monthly rent in Salisbury - MD is $1,931, up 5.3% year over year. For investors, the price-to-rent ratio here is roughly 18x annual rent.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.