Wicomico County Real Estate
Wicomico County real estate features many amenities while still being located very close to Baltimore, Washington DC, and Philadelphia. Wicomico County offers some of the most affordable real estate in Maryland while being located in close proximity to the Chesapeake Bay and the Atlantic Ocean.
Wicomico County features some of the most sought after waterfront property on the Chesapeake Bay at prices lower than other counties in Maryland. Wicomico’s sister community, Worcester County, includes Ocean City, MD, a featured beach resort area on the Atlantic Ocean. It is also home to the Ocean Downs Casino.
Salisbury University Makes Wicomico County a Safe Bet for Rental Property
Salisbury University, also in Wicomico County, MD, houses over 10,000 students which keeps a very strong rental demand in Salisbury and surrounding areas. Wicomico County has been considered a very safe place to invest in real estate as it has the university, a nationally recognized hospital (PRMC), and is the headquarters to Perdue chicken. These three thriving entities create a strong ecosystem for both rental and sale demand even in a soft real estate market.
Wicomico County Real Estate Offers Low Taxes, Rural Feel
Wicomico County has very low real estate taxes compared to other areas in Maryland, and the county is very conservative on growth and development. This gives the surrounding area a rural feel, while still having many of the same qualities as a bigger urban area.
Wicomico County as a whole is one the most affordable places to live in Maryland or own an investment property. In fact, the median sale price currently for real estate in Wicomico Count is $148,900 with the average sales price being $184,355.
Contact Brandon today if you’d like to discuss owning real estate in beautiful Wicomico County, MD.