Salisbury housing market

Buyer's marketSalisbury, MD metro areaData through Sep 2026
Typical home value
$424K
▲ 0.3% 1 yr
Typical rent
$1,947/mo
▲ 4.7% 1 yr
12-month forecast
+0.4%
#435 of 546 metros
Gross rent yield
5.5%
#341 of 546 · U.S. 6.3%
Days to pending
69 days
▲ +5 days 1 yr
Listings with a price cut
28%
▲ +0.6 pts 1 yr

Key takeaways

  • 1The typical home is worth $423,968, up 0.3% in a year and up 16% over five years.
  • 2Zillow forecasts home values rising 0.4% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,947/mo (+4.7% YoY), a 5.5% gross yield, below the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $2,330/mo in principal and interest, $383 more than renting.
  • 5Homes go under contract in 69 days (+5 days vs last year); 28% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 40/100, #272 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $424K
$265K$316K$366K$416K2016201920222025
Typical monthly rent
Latest $1,947
$1,167$1,409$1,651$1,8932016201920222025

How fast homes are selling

Days to go under contract
Latest 69
27537910520182020202220242026
Share of listings with a price cut
Latest 27.6%
10.5%16.0%21.5%27.0%20182020202220242026
Homes for sale vs new listings
Latest 3,330
For saleNew listings
7142,1793,6435,10820182020202220242026
Share of homes sold above list price
Latest 14.8%
11.0%22.1%33.1%44.1%20182020202220242026

Affordability

Household income needed to buy vs rent
Latest $105K
To buy (20% down)To rent
$50K$69K$88K$107K201620182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Salisbury compares

MeasureSalisburyUnited StatesRank of 546
Home value, 1-yr change+0.3%+1.2%#424
Home value, 5-yr change+15.9%+19.7%
12-month forecast+0.4%+1.1%#435
Rent, 1-yr change+4.7%+2.7%#135
Gross rent yield5.5%6.3%#341
Price-to-rent ratio18.115.8
Mortgage P&I on typical home$2,330$2,012
Income needed to buy$104,804$100,902
Days to pending6956

Cities in the Salisbury metro

2 cities with home value and rent data.

Salisbury$263K▲ 0.9%$1,621▲ 1.5%7.4%
Lewes$585K▲ 0.5%$2,418▲ 9.8%5.0%

Run the numbers

Other Maryland metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.