Bishopville, MD—21813
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bishopville, MD
As of Oct '25, the median home price in Bishopville, MD is $530,000, with a year-over-year change of 2.1%. This indicates that home prices in Bishopville, MD are increasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $530,000 | 2.1% |
| Single Family | $530,000 | 2.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $513,000 | 2.2% |
4 Bed | $725,000 | 4.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Bishopville, MD
As of July '25, Rentcast reports the average rent in Bishopville, MD is $3,180, with a year-over-year rent change of 47.9%. Per bedroom, the median rent as of July '25 in Bishopville, MD is 3-bedrooms: $2,350. The most common rental property sizes in Bishopville, MD are 4-bedroom and 3-bedroom, accounting for 55.6% and 28.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,350 | $3,180 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,350 | $2,350 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Bishopville, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Bishopville, MD is 77. This is a increase of 17.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 11.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $537,000 | 18.0% |
Listing Count | 19 | 54.0% |
| Listings as % of Homes | 0.6% | 54.0% |
Days on Market | 77 | 17.0% |
Demographics — Bishopville, MD
As of the latest ACS Survey released in 2023, Bishopville, MD has a population of 2,940, which has increased by 10.6% over the past 5 years. Bishopville, MD is a less popular place for families, as children make up 9.6% of the population. The area has a poorly educated workforce, with 22.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,940 | 10.6% |
% Under 18 | 9.6% | -59.1% |
% Seniors | 30.1% | 64.5% |
% WFH | 9.9% | 219.4% |
% w/ College Degree | 22.7% | -22.3% |
As of the latest ACS Survey released in 2023, Bishopville, MD is a predominantly white area, with 87.7% of the population identifying as white. The white population has shrunk by 7.9% in the last 5 years. The second most common race or ethnicity in Bishopville, MD is black, making up 4.0% of the population. Foreign-born residents account for 3.6% of the population in Bishopville, MD, and this percentage has increased by 89.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 87.7% | -7.9% |
% Black | 4.0% | 122.2% |
% Hispanic | 2.2% | -26.7% |
% Asian | 0.0% | N/A |
% Foreign Born | 3.6% | 89.5% |
Mortgage and Risk — Bishopville, MD
According to HUD data as of 2023, there were 113 mortgage originations in Bishopville, MD, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Bishopville, MD. Investor activity is low, as 7.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 113 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 7.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Bishopville, MD
Bishopville, MD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,120 |
| 2 Bedroom | N/A | N/A | $1,240 |
| 3 Bedroom | -$610 | $2,350 | $1,740 |
| 4 Bedroom | N/A | N/A | $1,900 |
Affordability — Bishopville, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.8 |
| Median Home Price | $530,000 |
| Median Household Income | $102,000 |