Salisbury MD Real Estate Sales Report for May 2025 

May 2025 Salisbury MD Home Sales Statistics

In May 2025, the median single-family home sales price in the Salisbury MD area real estate market was $285,000, up 12% from the median sales price last May. There were 87 home sales, down 19% from the same month last year.

The average time on market was 1.8 months, up from 1.5 months in May 2024.  Currently, there are 2.8 months of supply of homes in Wicomico County. * This is determined by the number of homes available divided by the number of homes sold the previous month.

Homes Sold in Wicomico County May 2025

Conclusions for Wicomico County Home Buyers

May home sales posted their lowest total for the month since 2014. Persistently high mortgage rates and record home prices have made it impossible for the market to gain any consistent traction, with April being the only “bright spot” for sales so far in 2025. Should we see around 4-5 months of inventory in Wicomico County and lean toward a buyer’s market, it’s possible home prices in the Salisbury MD area may drop a bit or at least level off. Any significant and sustained lowering of mortgage rates will jump start the market and long-term push prices up further. 

Conclusions for Home Sellers in Wicomico County

Many Salisbury MD area home sellers are entering uncharted territory with the market shifting monthly. The days of “list on Thursday, open house on Saturday and review several bids on Monday" are now distant in the rearview mirror. The list price of a Wicomico County home always has and always will be the single most important factor in a successful home sale. Secondarily, unparalleled marketing can shorten time on market with increased exposure and a higher bottom line. Contact us for details on how we put more exposure to your home listing than any agent in Wicomico County. 

June 2025 Salisbury MD Real Estate Outlook

Our projection for May hit the target. June should look similar to last month with around 90 sales units closing and prices remaining elevated. Be on the lookout for the Q2 and Mid-Year Housing Reports next month. One question we’re pondering is “will home sales eclipse 100 units in any month this year?” The answer to the last time that didn’t happen may surprise you. 

*Based on information from the Coastal Association of realtors^® for the period 5/1/25 through 5/31/25

Information compiled by Vision Realty Group is deemed to be reliable, but is not guaranteed. © BRIGHT MLS Copyright 2025