$5,938 Closing Credit*
$500,000
960 SqFt
3 Beds
•2 Full Baths
Christina Landsman, Listing Office: Real Estate Professionals, Inc.
Is Bishopville, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Bishopville was a Neutral Market.
Key Takeaway
Bishopville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bishopville, MD
How much do homes in Bishopville, MD cost?
Median Sold Price
$399,900
$245/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$280,050(-41.2%)
Key Takeaway
Homes in Bishopville have sold for 41.2% less than they did a month ago.
Summary: The median home sold price in Bishopville was $399,900 in October 2024, down 41.2% from last month, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $230K | N/A |
| 3 Bedrooms | $309.9K | $399.9K | +29.0% |
| 4 Bedrooms | $1.0M | - | N/A |
| 5+ Bedrooms | - | $1.1M | N/A |
Summary: Bishopville housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 29%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Bishopville, MD
How many homes are available in Bishopville, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 16 | +23.1% |
Summary: The Bishopville real estate market had 16 homes for sale in October 2024, a 23.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Bishopville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bishopville, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Bishopville in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Bishopville, MD
How long does it take to sell a home in Bishopville, MD?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 104 Days | 86 Days | -17.3% |
Summary: Homes in Bishopville had an average of 86 days on market in Oct 2024, down by 17.3% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Bishopville are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Bishopville; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
