Home Insurance in Salisbury, Maryland
Homes in Salisbury carry a median value of $227,300 - 11% lower than the Wicomico County median.
The typical home in Salisbury was built around 1983. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 25% of homes were built before 1960, about 3 points above Wicomico County's 21%.
The housing stock in Salisbury is 51% single-family homes, 35% apartments in buildings with 5+ units and 1% mobile or manufactured homes. The rest are 2-4 unit or other housing types.
In Salisbury, about 68% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
About 27% of occupied homes in Salisbury are owner-occupied. The vacancy rate is 10%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
68% of homes in Salisbury are primarily heated with electricity.
FEMA rates Wicomico County's overall risk as Relatively Low, led by hurricane (Relatively Moderate). Wicomico County had 663 active NFIP flood policies as of September 2026. See the full Wicomico County home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in Maryland is $1,578 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $227,300 |
|---|---|
| Median year built | 1983 |
| Owner-occupied share | 27% |
| Share of owner-occupied homes with a mortgage | 68% |
| Top county hazard | Hurricane (Relatively Moderate) |
| Active NFIP policies in Wicomico County | 663 |
| Home insurance premium | $1,578 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)