Similar to other places in this area, it is a lot less expensive compared to the country as a whole. Compared to the city of Charlotte, it's significantly less expensive.
Home prices
Salisbury's median home cost is $129,100. It is is very similar compared to its nearby areas.In comparison to the United States as a whole it is approximately $88,400 (40%) lower, and in comparison to the city of Charlotte is about $91,200 (41%) lower.
Rents
In Salisbury the median rent is $786 per month. Compared to its surrounding areas this is approximately $102 (14%) higher.Compared to the rest of the nation it is roughly $276 (25%) lower, and compared to the city of Charlotte it is approximately $349 (30%) lower.
Nearby places
East Spencer
East Spencer is Salisbury's neighbor to the east. Housing prices there are a lot less expensive. The median home price in East Spencer is $79,500, which is $49,600 (62%) lower than Salisbury. The rent there is substantially less expensive. East Spencer's median monthly rent is $507, which is $279 (55%) lower than Salisbury.
Spencer
Spencer is Salisbury's neighbor to the northeast. Its housing prices are a little less expensive. The value of the median home in Spencer is $98,500, which comes out to $30,600 (31%) lower than Salisbury. Rent there is a little more expensive. Spencer's median monthly rent is $926, which is $140 (15%) higher than Salisbury.
Granite Quarry
Granite Quarry is Salisbury's neighbor to the southeast. The real estate prices there are a bit more expensive. The median home in Granite Quarry costs $167,400, which works out to $38,300 (22%) higher than Salisbury. Rent there is a lot less expensive. In Granite Quarry the median rent is $559 a month, which works out to $227 (40%) lower than Salisbury.
Faith
Faith is about 5 miles south of Salisbury. Real estate prices there are a bit more expensive. The price of the median home in Faith is $180,400, which works out to $51,300 (28%) higher than Salisbury. Rent there is a little less expensive. In Faith the median rent is $733 a month, which works out to $53 (7%) lower than Salisbury.
China Grove
China Grove is about 8 miles southwest from Salisbury. Its housing prices are a bit less expensive. The median home in China Grove is valued at $118,200, which works out to $10,900 (9%) lower than Salisbury. The rent there is somewhat less expensive. The median rent in China Grove is $696 per month, which works out to $90 (12%) lower than Salisbury.
