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Salisbury, MD Real Estate


According to census data in the year 2000 there were 9,769 housing units in Salisbury. This represents a 11.7% growth from 8,746 in 1990.

Of those housing units, 9,692 were located in either urbanized areas or urban clusters, and 77 were located in what is classified as a rural area.

Homeownership rate in Salisbury is about 38%. Salisbury's vacancy rate, including seasonal lodging, is about 5.6%. Average household size is 2.37 people.

The majority of houses, apartments or condos in Salisbury were built after 1968.

Statistics

Housing Size

Housing Units by Size
Studio Type1.90%
One Bedroom15.80%
Two Bedrooms34.60%
Three Bedrooms36.20%
Four Bedrooms10.10%
Five Bedrooms or more1.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.38
Median year structure was built1958
Median Value of occupied units$81,700
Median Price asked for vacant units$66,900

Rented Homes, Apartments and Condos

Average Household Size2.36
Median year structure was built1971
Median Monthly Rent asked for vacant units$422

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage7.20%
Home Equity Loan5.60%
Simple Mortgage53.70%
Debt Free33.40%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19%