Salisbury, NC

Buyer's market-3.1% YoY

Housing market overview · Updated weekly

$270,000median sale price

Homes sold

41

Last 12 weeks

Days on market

72

Average pace

Active listings

226

5.5 months supply

Sale-to-list

97.1%

Below asking

The Salisbury housing market is currently classified as a buyer's market with a median sale price of $270,000. Prices have fallen 3.1% compared to last year, with homes spending an average of 72 days on market, indicating 5.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

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Frequently asked questions

What is the average home price in Salisbury?

The median home sale price in Salisbury is $270,000, down 3.1% from last year.

How long do homes stay on market in Salisbury?

Homes typically spend 72 days on market before going under contract.

Is Salisbury a buyer's or seller's market?

With 5.5 months of supply, Salisbury is currently a buyer's market.

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