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Preforeclosure 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 $321,789.
In Salisbury, MD, how many homes are available?
There are currently 32 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 $36,091,500.
What is currently the cheapest priced home in Salisbury, MD?
The cheapest home for sale in Salisbury is priced at $11,049.

Living in Salisbury, MD

Salisbury, MD is a charming city with a rich cultural history, excellent schools, and a vibrant community. The city offers a range of recreational activities, from parks to riverside attractions, along with a diverse selection of dining and shopping areas. Enjoy a balanced lifestyle in Salisbury with easy access to the outdoors and urban amenities.

Current Market Conditions in Salisbury, MD

Salisbury's real estate market has seen a steady increase in property values over the last year, fueled by a growing demand for homes due to its desirable location and improving economic conditions. The inventory of homes for sale is limited, contributing to competitive pricing and quicker sales. Buyers are actively seeking both single-family homes and townhouses, resulting in a dynamic market full of opportunities.

Recent trends indicate that more families are moving to Salisbury in search of affordable housing and quality education, which continues to attract developers to the area. Homes near schools and parks especially witness increased interest.

Investors are keen on Salisbury due to its rental market stability, driven by a significant student population and the presence of local businesses that support job growth.

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 $253,055.00. 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 $321,789.00, with the most expensive house in Salisbury, MD, topping out at $36,091,500.00 and the cheapest home in Salisbury, MD, clocking in at $11,049.00. 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 Preforeclosure Homes


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