The housing in 21804 Salisbury, MD is a great investment. The median value of a house is $211,200, which is significantly lower than the US median of $338,100. However, the 1 year house appreciation rate for Salisbury is 14.76%, much higher than the US average of 8.27%. This indicates that housing prices in Salisbury are increasing faster than the national average and show good potential for further growth and greater financial gain for those who invest in real estate here.
The median home cost in Salisbury (zip 21804) is $211,200. Home appreciation the last 10 years has been 67.3%. Home Appreciation in Salisbury (zip 21804) is up 14.0%.
Average Age of Homes
- The median age of Salisbury (zip 21804) real estate is 35 years old
The Rental Market in Salisbury (zip 21804)
- Renters make up 39.1% of the Salisbury (zip 21804) population
- 2.2% of houses and apartments in Salisbury (zip 21804), 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.