Cities With the Most Expensive Homes in the Salisbury Metro Area

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Cities with the most expensive homes in the Salisbury metro area

Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.

The typical home value in the United States was $359,078 in December, 0.1% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of January 15, the sits at 6.06%.

Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.

compiled a list of cities with the most expensive homes in the Salisbury metro area using data from . Charts show the monthly typical home value since January 2018. Data was available for 53 cities and towns.

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#30. Laurel, DE

- Typical home value: $298,740
- 1-year price change: -0.7%
- 5-year price change: +28.3%

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#29. Seaford, DE

- Typical home value: $300,892
- 1-year price change: +0.2%
- 5-year price change: +28.6%

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#28. Hebron, MD

- Typical home value: $301,436
- 1-year price change: +3.6%
- 5-year price change: +39.3%

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#27. Parsonsburg, MD

- Typical home value: $303,592
- 1-year price change: +1.4%
- 5-year price change: +36.7%

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#26. Eden, MD

- Typical home value: $309,876
- 1-year price change: -0.1%
- 5-year price change: +25.0%

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#25. Ellendale, DE

- Typical home value: $326,635
- 1-year price change: -1.7%
- 5-year price change: +32.7%

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#24. Delmar, DE

- Typical home value: $328,545
- 1-year price change: -3.2%
- 5-year price change: +24.8%

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#23. Lincoln, DE

- Typical home value: $343,111
- 1-year price change: +0.3%
- 5-year price change: +44.3%

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#22. Bridgeville, DE

- Typical home value: $345,931
- 1-year price change: -0.2%
- 5-year price change: +29.3%

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#21. Whaleyville, MD

- Typical home value: $347,894
- 1-year price change: -0.9%
- 5-year price change: data not available

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#20. Newark, MD

- Typical home value: $348,519
- 1-year price change: -1.8%
- 5-year price change: +34.9%

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#19. Bethel, DE

- Typical home value: $350,015
- 1-year price change: +2.7%
- 5-year price change: +30.7%

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#18. Georgetown, DE

- Typical home value: $356,864
- 1-year price change: +0.2%
- 5-year price change: +29.4%

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#17. Millsboro, DE

- Typical home value: $391,886
- 1-year price change: -1.1%
- 5-year price change: +22.2%

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#16. Dagsboro, DE

- Typical home value: $429,419
- 1-year price change: +0.5%
- 5-year price change: +33.9%

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#15. Berlin, MD

- Typical home value: $432,924
- 1-year price change: -1.6%
- 5-year price change: +37.7%

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#14. Ocean City, MD

- Typical home value: $433,808
- 1-year price change: -2.9%
- 5-year price change: +42.5%

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#13. Frankford, DE

- Typical home value: $464,553
- 1-year price change: -3.8%
- 5-year price change: +30.8%

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#12. Milton, DE

- Typical home value: $469,479
- 1-year price change: +0.7%
- 5-year price change: +36.8%

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#11. Slaughter Beach, DE

- Typical home value: $491,262
- 1-year price change: +4.2%
- 5-year price change: +66.9%

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#10. Harbeson, DE

- Typical home value: $514,537
- 1-year price change: -1.8%
- 5-year price change: +31.9%

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#9. Ocean View, DE

- Typical home value: $527,407
- 1-year price change: -1.9%
- 5-year price change: +30.4%

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#8. Selbyville, DE

- Typical home value: $528,111
- 1-year price change: -1.1%
- 5-year price change: +36.8%

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#7. Bishopville, MD

- Typical home value: $533,066
- 1-year price change: +2.1%
- 5-year price change: +33.8%

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#6. Lewes, DE

- Typical home value: $581,317
- 1-year price change: -1.2%
- 5-year price change: +30.1%

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#5. Rehoboth Beach, DE

- Typical home value: $785,949
- 1-year price change: -0.4%
- 5-year price change: +28.0%

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#4. Bethany Beach, DE

- Typical home value: $824,515
- 1-year price change: -3.7%
- 5-year price change: +14.7%

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#3. Fenwick Island, DE

- Typical home value: $913,134
- 1-year price change: -1.1%
- 5-year price change: +47.0%

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#2. Dewey Beach, DE

- Typical home value: $1,001,948
- 1-year price change: -6.6%
- 5-year price change: +14.5%

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#1. South Bethany, DE

- Typical home value: $1,173,225
- 1-year price change: +2.7%
- 5-year price change: +31.8%

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Cities with the most expensive homes in the Salisbury metro area

Cities with the most expensive homes in the Salisbury metro area

#30. Laurel, DE

#29. Seaford, DE

#28. Hebron, MD

#27. Parsonsburg, MD

#26. Eden, MD

#25. Ellendale, DE

#24. Delmar, DE

#23. Lincoln, DE

#22. Bridgeville, DE

#21. Whaleyville, MD

#20. Newark, MD

#19. Bethel, DE

#18. Georgetown, DE

#17. Millsboro, DE

#16. Dagsboro, DE

#15. Berlin, MD

#14. Ocean City, MD

#13. Frankford, DE

#12. Milton, DE

#11. Slaughter Beach, DE

#10. Harbeson, DE

#9. Ocean View, DE

#8. Selbyville, DE

#7. Bishopville, MD

#6. Lewes, DE

#5. Rehoboth Beach, DE

#4. Bethany Beach, DE

#3. Fenwick Island, DE

#2. Dewey Beach, DE

#1. South Bethany, DE

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