Salisbury MD Real Estate 2025 Year in Review

Salisbury MD Area Home Sales in 2025

There were 1015 home sales in Wicomico County in 2025, down 6% from 2024. The median sales price was $280,000, up 6% over the same period.* Area home sales posted their lowest total since 2014. 

The average time on market for properties sold in the Salisbury MD area real estate market last year was 1.8 months. Foreclosures and short sale properties accounted for 3% of residential sales in 2025, unchanged from 2024.

Salisbury MD Area Home Buyers in 2024

Throughout 2025, Wicomico County homebuyers fought the “triple whammy” of mortgage rates well above 6%, record high home prices and high consumer inflation. In Q4, both mortgage rates and inflation eased a bit, leading to a three-month stretch where homebuyers in the Salisbury MD area real estate market took advantage. The big question mark for buyers still in the market is “will interest rates go down further this spring when more inventory is expected?” Another related question would be “is the purchase of 200B of mortgage-backed securities by Fannie and Freddie going to lead to sustained relief on mortgage rates?” If it does, area home buyers can expect additional inventory and less upward pressure on home prices.  

Salisbury MD Area Home Sellers in 2024

Home sellers in the Wicomico County real estate market have adjusted their expectations. Longer days on market, fewer showings, and buyers signaling increased intentionality have become the norm. While far different from 2020-2021, the Salisbury MD area housing market is remarkably similar to the market in pre-pandemic 2019, except for prices. In 2019, the market was balanced with 3-4 months of inventory. Mortgage rates were in the high 5% range with little volatility. One contrast of note- home sales were 13% higher in 2019 vs. last year.  

What Can the Wicomico County Housing Market Expect in 2026?

Our prediction for 2025 home prices in Wicomico County proved correct. We were overly optimistic on our sales projection, predicting an increase of 10% when in fact they fell by 6%. Perhaps too much credit was given to the economic “experts” who seemed sure mortgage rates would be below 6% by the beginning of the year (that finally happened in early January this year). For 2026- GDP, the labor market, consumer sentiment, trade imbalance, foreign investment, and wage growth all indicating signs of improvement. Lower energy prices, inflation, and budget deficits are other factors that will shape the Salisbury MD real estate market. Taking the data into account, we’re expecting home sales to increase by 8-10% while home prices should flatten at a 2-3% pace.

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*Based on information from the Coastal Association of Realtors^® for the period 1/1/25 through 12/31/25

Information compiled by Vision Realty Group is deemed to be reliable but is not guaranteed. © BRIGHT MLS Copyright 2026