DE · Metro #134

Salisbury - MD housing market

The Salisbury metro has a typical home value of $430,361, down 0.4% from a year ago. Homes sell in 31 days on average, a balanced market. 27% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$430,361
-0.4% vs. year ago
Median sale price
$416,178
+2.6% YoY
Median list price
$467,950
Sale-to-list ratio
97.6%
Selling below ask
Days on market
31d
Listings w/ price cut
27.3%
New listings / mo
869
+6.4% YoY
Homes for sale
3,259
+10.4% YoY
Typical rent
$1,959/mo
+5.2% YoY
Context

How to read this data

The typical home value ($430,361) 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 0.4% over the past year. A home worth $432,089 last year is now worth roughly $430,361.

The median sale price , what homes actually close for , is $416,178. Homes are selling at 97.6% of list price, meaning buyers have room to negotiate.

Homes listed in Salisbury - MD sit on the market for roughly 31 days before going pending. Shorter = seller's market; longer = buyer's market.

About 27.3% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 869 new listings hit the market each month in Salisbury - MD. There are currently 3,259 homes for sale, up 10.4% from a year ago.

The typical monthly rent in Salisbury - MD is $1,959, up 5.2% 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.

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