Salisbury Metro Area, MD Housing

The housing market in Salisbury, MD Metro Area is very competitive and has shown steady appreciation over the past year. The median value of houses in this area is quite high compared to the national average, which stands at $338,100. In the past year alone, house values have increased by 7.37%—slightly lower than the US average of 8.27%. Despite this difference, this area remains an attractive option for potential homebuyers due to its affordable prices and wide range of housing options.

The median home cost in Salisbury Metro Area is $366,500. Home appreciation the last 10 years has been 69.6%. Home Appreciation in Salisbury Metro Area is up 15.9%.

Average Age of Homes

- The median age of Salisbury Metro Area real estate is 29 years old

The Rental Market in Salisbury Metro Area

- Renters make up 16.4% of the Salisbury Metro Area population
- 0.9% of houses and apartments in Salisbury Metro Area, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Salisbury, Maryland	United States
	251,404.0	139,647,020.0
	31	42
	$366,500	$338,100
	15.9%	16.6%
	56.1%	57.0%
	69.6%	101.1%
	$6.27	$10.98
	$1,331	$2,690
	49.3%	57.4%
	33.8%	11.2%
	16.9%	31.4%
Vacant Housing
	0.9%	1.9%
	0.2%	0.4%
	1.1%	0.7%
	0.2%	0.4%
	27.7%	3.6%
	3.6%	4.1%
Value of Owner-Occupied Housing
	2.8%	2.6%
	2.0%	2.4%
	1.7%	2.8%
	2.1%	3.9%
	2.6%	4.5%
	9.1%	11.3%
	15.1%	13.0%
	25.4%	20.1%
	17.0%	13.6%
	9.5%	8.3%
	7.4%	9.7%
	3.2%	3.9%
	1.1%	2.2%
	0.5%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	22.6%	13.6%
	22.6%	13.6%
	14.6%	13.6%
	17.0%	13.2%
	14.2%	14.8%
	14.6%	13.6%
	5.1%	10.0%
	2.5%	4.7%
	6.2%	12.2%

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