Real Estate Market Update for Salisbury, NC
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was down 24% from one year earlier, and down 10% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 190-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 17%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 150-thousand dollars. The number of units sold decreased 9% year-over-year, and increased 33% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Salisbury, NC
Area Information for Salisbury, NC
  • Population: 33,290
  • Median Age: 36.78 yr
  • Median Commute Time: 19 mins
  • Educational Climate*: 3
  • Sales Tax: 0%
  • Population Density: 1,504/sq mi
  • Population Change Since 2000: 6.82%
  • Closest Airport: Concord Regional
  • Closest College: Livingstone College
  • Closest Jr. College: Rowan-carabus Community College
  • Median Household Income: $38,765
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $105,000
  • Closest Major Sports Team: Kannapolis Intimidators (a)
  • Change Avg. Household Income Since 2000: 15.55%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Salisbury, NC
Median Age: 36.78 Married: 30% Number of Households: 12,438 Households with Children: 3,389
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Salisbury, NC

      School Name Distance Type Grades School Rating Parent Rating
      Salisbury High School 1.1 mi Public 9-12 1 0
      Rowan County Early College 1.8 mi Public 9-12 4 0
      St John's Kindergarten 1.9 mi Private PRESCHOOL-K 0 0
      Elizabeth Duncan Koontz Elementary School 1.9 mi Public K-5 0 0
      Knox Middle School 2.5 mi Public 6-8 0 0
      Carroll T Overton Elementary School 2.6 mi Public K-5 0 0
      Salisbury Academy 2.7 mi Private PRESCHOOL-8 0 0
      Henderson Independent High School 2.9 mi Public 6-12 0 0
      H D Isenberg Elementary 3.0 mi Public PRESCHOOL-5 1 0
      Salisbury Seventh Day Adventist School 3.1 mi Private 1-8 0 0
      North Hills Christian School 3.3 mi Private PRESCHOOL-12 0 0
      Southeast Middle School 3.5 mi Public 6-8 1 0
      Sacred Heart Catholic School 3.6 mi Catholic K-8 0 0
      Hurley Elementary School 4.2 mi Public K-5 0 0
      E Hanford Dole Elementary School 4.5 mi Public PRESCHOOL-5 0 0
      Granite Quarry Elementary School 4.5 mi Public PRESCHOOL-5 2 0
      Knollwood Elementary School 4.9 mi Public K-5 0 0
      Charles C Erwin Middle School 6.2 mi Public 6-8 1 0
      East Rowan High School 6.2 mi Public 9-12 2 0
      West Rowan Middle School 6.2 mi Public 6-8 1 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.
      Local Weather for Salisbury, NC
        Data powered by Attom Data Solutions. Copyright© 2020. Information deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.