Salisbury, MD home prices
Typical home $423,968 · +0.3% in a year · income needed $111,700
The Salisbury, MD metro area ranks 125 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +0.3% in a year and +15.9% over five years. With 20% down at 7.11%, the typical home costs about $2,606 a month including 0.32% property tax (Sussex County rate).
Mortgage on the typical Salisbury home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $84,794 | $339,175 | $2,282 | $0 | $325 | $2,606 | $111,700 |
| 10% down | $42,397 | $381,571 | $2,567 | $159 | $325 | $3,051 | $130,700 |
| 5% down | $21,198 | $402,770 | $2,709 | $168 | $325 | $3,202 | $137,200 |
| 3.5% down (FHA) | $14,839 | $416,289 | $2,800 | $188 | $325 | $3,313 | $142,000 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.32% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Salisbury area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Sussex County, DE | $484,559 | +0.6% | 0.32% |
| Wicomico County, MD | $271,722 | +1.2% | 0.85% |
| Worcester County, MD | $422,876 | -0.7% | 0.73% |
| Somerset County, MD | $202,653 | +2.8% | 0.92% |
What can you afford in Delaware on your salary? · Delaware home prices · Salaries in Delaware
Frequently asked questions
How much is a house in Salisbury?
The typical home in the Salisbury, MD metro area is worth $423,968 (Zillow, September 2026).
What salary do you need to buy a house in Salisbury?
About $111,700 a year for the typical home with 20% down at 7.11%.