Salisbury First-Time Homebuyer Report for October

With 4,869 residents, Salisbury is an average-sized city in Massachusetts. Also, with a 9.6% increase over the last 10 years, its population is growing faster than other parts of the state. With a median age of 37 years, homes in Salisbury tend to be relatively old. Heading the list of top schools in the city is Salisbury Elementary School.

Price Range

Home values in Salisbury are generally in line with others in the state with a median home value of $251,900 and an average list price of $376,383. In this week's report, the number of homes sold in the Salisbury market dropped to 10 over the past 30 days, a decrease of 9.1% from last week's report, but still above the monthly average.

Make sure you take a look at these eye-catching homes in Salisbury that generated the most views from potential buyers:

$195K   $219K   $479K  

Typical Dwelling

The typical dwelling in Salisbury is a two-bedroom condo worth about $296,561. To purchase a similar home, a buyer with good credit and a $59,312 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,378 monthly payment. The property tax rate is $11.64 per $1,000 of taxable assessed value.

Get started right now by checking out Salisbury homes for sale or reviewing Salisbury real estate trends.


Data reported through 10/13/2016

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Laer Realty Partners
Keller Williams Realty
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Keller Williams Coastal Realty
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