How much house does $500,000 buy you in Salisbury?
Back in 2014, spending $500,000 on a house was generally reserved for high earners. The typical U.S. home sold for $159,000, while starter homes averaged just $101,000. Fast-forward to today, and prices have more than doubled: A standard home now sells for $440,000, with starter homes approaching $300,000.
These current prices have put homeownership out of reach for many – and things don't look to be improving. Prices are still rising, affordability keeps dropping, and starter homes are becoming harder to find as home values climb. This has created a very sluggish and difficult housing market. In fact, even the usual busy spring and summer buying seasons were unusually slow this year.
While $500,000 once stretched much further, in many cities today, it's not nearly enough. But what about Salisbury?
To find out, Redfin Real Estate found listings near the $500,000 mark to see what types of homes you can actually afford in Salisbury right now. Listings below $500,000 were included if necessary.
35040 Dundee St, Frankford, DE 19945
- Price: $499,999
- 4 bedrooms, 3.5 bathrooms
- Square feet: 2,604
- See 35040 Dundee St, Frankford, DE 19945 on Redfin.com
12671 Drum Creek Way, Selbyville, DE 19975
- Price: $499,900
- 4 bedrooms, 3.5 bathrooms
- Square feet: 2,585
- See 12671 Drum Creek Way, Selbyville, DE 19975 on Redfin.com
34046 Ballycroy St, Selbyville, DE 19975
- Price: $499,990
- 4 bedrooms, 3.5 bathrooms
- Square feet: 2,168
- See 34046 Ballycroy St, Selbyville, DE 19975 on Redfin.com
424 Savannah Rd, Lewes, DE 19958
- Price: $499,900
- 4 bedrooms, 3.5 bathrooms
- Square feet: 1,900
- See 424 Savannah Rd, Lewes, DE 19958 on Redfin.com
17699 Brighten Dr, Lewes, DE 19958
- Price: $499,990
- 3 bedrooms, 3.5 bathrooms
- Square feet: 3,254
- See 17699 Brighten Dr, Lewes, DE 19958 on Redfin.com
37166 Gull Watch Way, Selbyville, DE 19975
- Price: $500,000
- 3 bedrooms, 3.5 bathrooms
- Square feet: 2,000
- See 37166 Gull Watch Way, Selbyville, DE 19975 on Redfin.com
7 Hunters Pt, Millsboro, DE 19966
- Price: $500,000
- 3 bedrooms, 3 bathrooms
- Square feet: 2,200
- See 7 Hunters Pt, Millsboro, DE 19966 on Redfin.com
25509 Guinea Hollow Rd, Millsboro, DE 19966
- Price: $499,999
- 3 bedrooms, 3 bathrooms
- Square feet: 2,000
- See 25509 Guinea Hollow Rd, Millsboro, DE 19966 on Redfin.com
29117 Frenchman Bay Dr, Lewes, DE 19958
- Price: $499,999
- 3 bedrooms, 3 bathrooms
- Square feet: 1,961
- See 29117 Frenchman Bay Dr, Lewes, DE 19958 on Redfin.com
3896 Five Friars Rd, Salisbury, MD 21804
- Price: $499,950
- 3 bedrooms, 2.5 bathrooms
- Square feet: 3,656
- See 3896 Five Friars Rd, Salisbury, MD 21804 on Redfin.com
203 Se Front St, Milford, DE 19963
- Price: $499,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,400
- See 203 Se Front St, Milford, DE 19963 on Redfin.com
37484 Oliver Dr, Selbyville, DE 19975
- Price: $499,999
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,186
- See 37484 Oliver Dr, Selbyville, DE 19975 on Redfin.com
10305 Turtle Ct, Ocean City, MD 21842
- Price: $499,990
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,026
- See 10305 Turtle Ct, Ocean City, MD 21842 on Redfin.com
205 Lackawanna Ln, Ocean View, DE 19970
- Price: $499,990
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,892
- See 205 Lackawanna Ln, Ocean View, DE 19970 on Redfin.com
24159 W Cypress Way, Milton, DE 19968
- Price: $499,990
- 3 bedrooms, 2 bathrooms
- Square feet: 2,070
- See 24159 W Cypress Way, Milton, DE 19968 on Redfin.com
328 Heritage Shores Cir, Bridgeville, DE 19933
- Price: $499,990
- 3 bedrooms, 2 bathrooms
- Square feet: 2,018
- See 328 Heritage Shores Cir, Bridgeville, DE 19933 on Redfin.com
25013 Cypress Ct, Lewes, DE 19958
- Price: $499,990
- 3 bedrooms, 2 bathrooms
- Square feet: 1,892
- See 25013 Cypress Ct, Lewes, DE 19958 on Redfin.com
342 Heritage Shores Cir, Bridgeville, DE 19933
- Price: $499,990
- 3 bedrooms, 2 bathrooms
- Square feet: 1,892
- See 342 Heritage Shores Cir, Bridgeville, DE 19933 on Redfin.com
32653 Savage Farm Ct, Frankford, DE 19945
- Price: $500,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,800
- See 32653 Savage Farm Ct, Frankford, DE 19945 on Redfin.com
Tbb Pitch Pine Ct, , DE 19958
- Price: $499,990
- 3 bedrooms, 2 bathrooms
- Square feet: 1,783
- See Tbb Pitch Pine Ct, , DE 19958 on Redfin.com
Tbb Hornbeam Dr, Frankford, DE 19945
- Price: $499,990
- 3 bedrooms, 2 bathrooms
- Square feet: 1,783
- See Tbb Hornbeam Dr, Frankford, DE 19945 on Redfin.com
23422 Buttonbush Way, Millville, DE 19967
- Price: $499,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,781
- See 23422 Buttonbush Way, Millville, DE 19967 on Redfin.com
28715 Seedling Dr, Milton, DE 19968
- Price: $499,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,781
- See 28715 Seedling Dr, Milton, DE 19968 on Redfin.com
128 Sawyer Rd, Milford, DE 19963
- Price: $499,990
- 3 bedrooms, 2 bathrooms
- Square feet: 1,178
- See 128 Sawyer Rd, Milford, DE 19963 on Redfin.com
11000 Coastal Hwy, Ocean City, MD 21842
- Price: $500,000
- 2 bedrooms, 2.5 bathrooms
- Square feet: 1,190
- See 11000 Coastal Hwy, Ocean City, MD 21842 on Redfin.com
2802 Tern Dr, Ocean City, MD 21842
- Price: $499,999
- 2 bedrooms, 2.5 bathrooms
- Square feet: 1,020
- See 2802 Tern Dr, Ocean City, MD 21842 on Redfin.com
15118 Willow Wood Ct, Millville, DE 19967
- Price: $499,990
- 2 bedrooms, 2 bathrooms
- Square feet: 1,748
- See 15118 Willow Wood Ct, Millville, DE 19967 on Redfin.com
19999 Sandy Bottom Cir, Rehoboth Beach, DE 19971
- Price: $499,999
- 2 bedrooms, 2 bathrooms
- Square feet: 1,096
- See 19999 Sandy Bottom Cir, Rehoboth Beach, DE 19971 on Redfin.com
12301 Jamaica Ave, Ocean City, MD 21842
- Price: $499,900
- 2 bedrooms, 2 bathrooms
- Square feet: 1,056
- See 12301 Jamaica Ave, Ocean City, MD 21842 on Redfin.com
429 Bayshore Dr, Ocean City, MD 21842
- Price: $499,900
- 2 bedrooms, 2 bathrooms
- Square feet: 1,023
- See 429 Bayshore Dr, Ocean City, MD 21842 on Redfin.com
