$7,897 Closing Credit*
$665,000
4,040 SqFt
4 Beds
•3 Full Baths, 1 Partial
Pamela L Gainous, Listing Office: Samson Properties
Is Bennsville, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Bennsville has remained a Seller's Market.
Key Takeaway
Bennsville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bennsville, MD
How much do homes in Bennsville, MD cost?
Median Sold Price
$499,000
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$14,500(-2.8%)
Key Takeaway
Homes in Bennsville have sold for 2.8% less than they did a year ago.
Summary: The median home sold price in Bennsville was $499,000 in November 2024, down 2.8% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $290K | $367.7K | +26.8% |
| 3 Bedrooms | $441K | $425K | -3.6% |
| 4 Bedrooms | $525K | $525.8K | 0.2% |
| 5+ Bedrooms | $573K | $608.7K | +6.2% |
Summary: Bennsville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 26.8%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes increased by 6.2%.
Housing Supply in Bennsville, MD
How many homes are available in Bennsville, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 52 | 51 | -1.9% |
Summary: The Bennsville real estate market had 51 homes for sale in November 2024, a 1.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 18 | 17 | -5.6% |
| 4 Bedrooms | 25 | 24 | -4.0% |
| 5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The Bennsville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5.6%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 9 | -47.1% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bennsville, expect to pay close to the asking price. 55.6% of homes here sold near the asking price last month.
Summary: A total of 9 homes were sold or pending in Bennsville in November 2024, down by 47.1% month-over-month. Of the 9 sold homes, 11% were sold under asking, 56% were sold at asking, and 33% were sold over asking.
Days on Market for Bennsville, MD
How long does it take to sell a home in Bennsville, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 39 Days | 40 Days | +3.2% |
Summary: Homes in Bennsville had an average of 40 days on market in Nov 2024, up by 3.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Bennsville has remained consistent over time.
Summary: During November 2024, 9 homes were sold in Bennsville; 44% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
