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Foreclosure Homes in Salisbury, MD

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Salisbury, MD Foreclosures

How much do homes sell for in Salisbury, MD?
The average home price is currently $315,630.
In Salisbury, MD, how many homes are available?
There are currently 116 active home listings available in Salisbury.
What’s the average rental cost in Salisbury, MD?
The average rental price in Salisbury is $1,339.
What is the most expensive home in Salisbury?
The most expensive home sold in Salisbury had a price of $36,215,960.
What is currently the cheapest priced home in Salisbury, MD?
The cheapest home for sale in Salisbury is priced at $11,116.

Living in Salisbury, MD

Salisbury, MD is a lively city located on the Eastern Shore, perfect for those who appreciate a mix of history, outdoor activities, and community events. The city's vibrant downtown area offers a variety of shopping, dining, and cultural experiences, making it an attractive location for families and individuals alike. With close proximity to nature and a welcoming atmosphere, Salisbury is a great place to call home.

Current Market Conditions in Salisbury, MD

The Salisbury real estate market has shown steady growth over the past year, fueled by a consistent demand for housing as more buyers seek affordable options in semi-urban environments. Home prices have seen a slight increase while the inventory remains low, leading to a competitive market for buyers. Overall, Salisbury continues to be an attractive market for both first-time buyers and investors alike.

Home Value Estimator For Salisbury, MD

There are currently 22,926 real estate properties in Salisbury, MD, with a median automated valuation model (AVM) price of $249,280.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Salisbury, MD, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Salisbury, MD, is $315,630.00, with the most expensive house in Salisbury, MD, topping out at $36,215,960.00 and the cheapest home in Salisbury, MD, clocking in at $11,116.00. In other words, there’s something for every potential homebuyer or savvy investor in Salisbury, MD!

Rent Prices In Salisbury, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Salisbury, MD, is on a rollercoaster ride. The average rent price in Salisbury, MD, is $1,339.00. Indeed, when looking to rent in Salisbury, MD, you can expect to pay as little as $590.00 or as much as $3,400.00, with the average rent median estimated to be $1,270.00. The good news is that finding an affordable and desirable property to rent in Salisbury, MD -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Salisbury, MD Foreclosures


Market Trend for Salisbury, MD

Total Listings Available: 116

Market Values:

Home Prices from $11,116 to $36,215,960

Average Sales Price: $315,630

Rental Values:

Rental from $590 to $3,400

Average Rent Value: $1,339 / month

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