HousingHandbookReference data

U.S. ZIP Code · MD21837

Wicomico County · Salisbury, MD

Typical home value

$290,679[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+5.4%
5-year / yr
+5.9%
10-year / yr
+6.2%

Relative price

vs U.S.
+2.3%
vs metro
+13.7%
vs state
-35.5%
ZIP 21837 location in MD
Location of ZIP 21837 in MD

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 21837 is worth $290,679 — 13.7% above the Salisbury, MD median. Over the past year, values have risen 5.4%. The effective property tax rate is 0.6%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.6%[3]
Typical annual tax
$1,807[3]

#Climate risk

FEMA National Risk Index ratings for Wicomico County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Low[4]
Riverine flood
Relatively Low
Coastal flood
Relatively Low
Wildfire
Relatively Low
Drought
Relatively Moderate
Heat wave
Relatively Low
Hurricane
Relatively Moderate
Tornado
Relatively Low
Earthquake
Relatively Low
Winter weather
Relatively Moderate

#Who lives here

Population
2,891[3]
Median household income
$62,880[3]

#Migration

Household moves in and out of Wicomico County over a year, from IRS tax-return data.

Net migration
-142[5]
Moved in
2,538
Moved out
2,680

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
2
Elementary
1
Middle
0
High
1
  • Mardela Middle & High

    High · Grades 6–12 · Wicomico County Public Schools

    706 students

  • Northwestern Elementary

    Elementary · Grades PK–5 · Wicomico County Public Schools

    335 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,470
Loan principal$232,543
Down payment$58,136
Total interest paid$296,596

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$1,862
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
39th percentile[1]
Rental yield
[2]
Property tax
6th percentile[3]

Frequently asked

How much is a home worth in ZIP code 21837?
The typical home in 21837 is worth $290,679, based on the Zillow Home Value Index.
Are home values rising in 21837?
Home values in 21837 are up 5.4% over the past year, and up 5.9% a year over five years.
What is the property tax rate in 21837?
The effective property tax rate in 21837 is 0.6% — roughly $1,807 a year on a typical home.
Who lives in 21837?
ZIP code 21837 has a population of 2,891 and a median household income of $62,880.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Salisbury, MD

    Typical home
    $291,123
    Gross yield
    6.5%
  • Willards, MD

    Typical home
    $294,219
    Gross yield
  • Delmar, MD

    Typical home
    $298,555
    Gross yield
  • Quantico CDP, MD

    Typical home
    $279,283
    Gross yield
  • Powellville CDP, MD

    Typical home
    $303,739
    Gross yield
  • Parsonsburg CDP, MD

    Typical home
    $314,006
    Gross yield

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 21837 against any other ZIP — full side-by-side table.

Compare 21837

#Jump to section