Salisbury Market Report
$427,333
AVERAGE PRICE OF 465 HOMES$270,546
AVERAGE PRICE OF 16 DISTRESSED HOMES$2,548,929
AVERAGE PRICE OF 35 MULTI-MILLION DOLLAR HOMES$506,810
AVERAGE PRICE OF 37 NEWLY BUILT HOMES$597,350
AVERAGE PRICE OF 8 HOMES WITH A POOL$158,840
AVERAGE PRICE OF 5 REDUCED PRICE HOMESAverage Home
| Average Price | $427,333 |
| Avg Bedrooms | 1.93 beds |
| Avg Bathrooms | 1.34 baths |
Average Price by Bedrooms
| 1 bedroom | $87,450 |
| 2 bedrooms | $128,257 |
| 3 bedrooms | $281,915 |
| 4 bedrooms | $355,551 |
| 5 bedrooms | $506,297 |
Salisbury Home Price Trends
| 4/2021 | 3/2021 | 2/2021 | 1/2021 | 12/2020 | |
|---|---|---|---|---|---|
| Total Listings | 463 | 455 | 413 | 397 | 441 |
| Average Price | $396,559 | $387,575 | $401,290 | $410,312 | $396,990 |
| Avg Price Change | +2.32% | -3.54% | -2.25% | +3.36% | +2.33% |
| Median Price | $218,973 | $216,721 | $216,646 | $205,585 | $204,724 |
| Med Price Change | +1.04% | +0.03% | +5.38% | +0.42% | -2.65% |
| Avg Bedrooms | 2 beds | 1.93 beds | 1.86 beds | 1.83 beds | 1.87 beds |
| Avg Bathrooms | 1.36 baths | 1.33 baths | 1.29 baths | 1.25 baths | 1.33 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| James M. Bennett | 82 | $318,312 | 299 days |
| Parkside | 21 | $288,411 | 125 days |
| Wicomico | 73 | $309,487 | 454 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 465 | $427,333 | 246 days |
| Distressed Homes | 16 | $270,546 | 231 days |
| Multi-Million Dollar Homes | 35 | $2,548,929 | 417 days |
| Newly Built Homes | 37 | $506,810 | 62 days |
| Homes with a Pool | 8 | $597,350 | 28 days |
| Reduced Price Homes | 5 | $158,840 | 81 days |
