Salisbury, MD21801

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$287,000
2.1% YoY Growth
Median Household Income
$67,100
19.7% 5-Year Growth
Days on Market
66
33.0% Longer than last year
Home Price Forecast
1.0%
Median Rent
$1,450
1.8% YoY Growth
1-Bed Rent
$1,100
49.6% YoY Growth
2-Bed Rent
$1,420
19.1% YoY Growth
3-Bed Rent
$1,900
10.3% YoY Growth

Other Zip Codes in Salisbury, MD

Property Listings — Salisbury, MD

As of Oct '25, Realtor.com reports that the median days on market for a home in Salisbury, MD is 66. This is a increase of 33.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$330,000-2.0%
Listing Count
15631.0%
Listings as % of Homes0.6%31.0%
Days on Market
6633.0%
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Demographics — Salisbury, MD

As of the latest ACS Survey released in 2023, Salisbury, MD has a population of 30,100, which has remained stable by 0.2% over the past 5 years. Salisbury, MD is a moderately popular place for families, as children make up 23.7% of the population. The area has a moderately educated workforce, with 33.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.6% reporting working from home.

MetricLatest CensusYoY % Change
Population
30,1000.2%
% Under 18
23.7%0.0%
% Seniors
17.2%11.7%
% WFH
8.6%115.0%
% w/ College Degree
33.6%5.3%
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As of the latest ACS Survey released in 2023, Salisbury, MD is a predominantly white area, with 53.6% of the population identifying as white. The white population has shrunk by 1.7% in the last 5 years. The second most common race or ethnicity in Salisbury, MD is black, making up 32.9% of the population. Foreign-born residents account for 8.5% of the population in Salisbury, MD, and this percentage has decreased by 25.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
53.6%-1.7%
% Black
32.9%-1.2%
% Hispanic
5.8%0.0%
% Asian
2.1%-53.3%
% Foreign Born
8.5%-25.4%
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Mortgage and Risk — Salisbury, MD

According to HUD data as of 2023, there were 526 mortgage originations in Salisbury, MD, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Salisbury, MD. Investor activity is low, as 4.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
526
% Conventional Loans
67.0%
% Government Loans
33.0%
% Investor Loans
4.0%
% Second Loans
3.0%
% Cash Out Refinance
11.0%

Loan Activity

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Rentals and Section 8 — Salisbury, MD

As of 2024, the percent of homes in Salisbury, MD under the Section 8 program is 19.5%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Salisbury, MD, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD
954
Total Units Section 8
933
% Rentals under Section 8
19.5%
% Occupied Section 8
83.3%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$100$1,100$1,000
2 Bedroom-$110$1,420$1,310
3 Bedroom-$170$1,900$1,730
4 Bedroom-$1,160$2,900$1,740

Affordability — Salisbury, MD

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.8
Median Home Price$287,000
Median Household Income$67,100

Salisbury, MD — ZIP Code Boundary Map

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Frequently Asked Questions