Salisbury, MD Foreclosures
Current Market Conditions in in Salisbury, MD As of February 2026?
In the past month, Salisbury has experienced a noticeable increase in home sales, with reports indicating a rise in competitive bidding for desirable properties. Buyers are motivated by historically low interest rates and a desire to settle in family-friendly neighborhoods as remote work continues to influence housing decisions. Inventory levels remain low, leading to a brisk market where homes are selling at a faster pace than the previous month.
How much do homes sell for in Salisbury, MD?
The average home price is currently $320,713.
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 $36,610,812.
What is currently the cheapest priced home in Salisbury, MD?
The cheapest home for sale in Salisbury is priced at $10,142.
Living in Salisbury, MD
Salisbury, MD is a charming city on the Eastern Shore, offering a mix of urban amenities and a suburban feel. Known for its thriving arts scene, local parks, and excellent educational institutions, Salisbury provides a strong sense of community. The presence of Salisbury University adds vibrancy and a youthful spirit to the area.
Buyer vs Seller Market in Salisbury, MD
The Salisbury real estate market has seen significant growth in recent years, with increasing demand for single-family homes and rental properties. The city's affordable housing options in comparison to larger cities nearby, alongside a growing job market, make it an attractive destination for both buyers and investors.
Currently, there is a strong buyer interest, particularly in family-friendly neighborhoods, which has led to a competitive market. Homes are selling quickly, often above asking price, reflecting the desirability of the area.
Home Value Estimator For Salisbury, MD
There are currently 23,638 real estate properties
in Salisbury, MD,
with a median automated valuation model (AVM) price
of $248,379.00. 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 $320,713.00, with the most expensive house
in Salisbury, MD, topping out
at $36,610,812.00 and the cheapest home
in Salisbury, MD,
clocking in at $10,142.00. 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.
Learn more on Foreclosure homes
