The median sale price of a home sold in the fourth quarter of 2018 in Bishops Corner fell by $15,950 while total sales increased by 33.3%, according to BlockShopper.com.
From October through December of 2018, there were four homes sold, with a median sale price of $237,500 – a 6.3% decrease over the $253,450 median sale price for the same period of the previous year. There were three homes sold in Bishops Corner in the fourth quarter of 2017.
The median sales tax in Bishops Corner for the most recent year with available data, 2015, was $901, approximately 0.4% of the median home sale price for the fourth quarter of 2018.
The following table compares Bishops Corner to other Kent County cities with similar median sales prices in the fourth quarter of 2018:
| City | Oct. – Dec. 2018 Home Sales | Oct. – Dec. 2017 Home Sales | % change (Total Home Sales) | Oct. – Dec. 2018 Median Sales Price | Oct. – Dec. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Lakeshore Village | 3 | 6 | -50% | $249,900 | $247,450 | 1% |
| Smyrna | 120 | 117 | 2.6% | $247,900 | $222,500 | 11.4% |
| Cheswold Farms | 2 | 0 | – | $246,500 | $0 | – |
| Misty Pines | 1 | 1 | 0% | $245,000 | $235,000 | 4.3% |
| Planters Woods | 2 | 1 | 100% | $242,500 | $198,900 | 21.9% |
| Bishops Corner | 4 | 3 | 33.3% | $237,500 | $253,450 | -6.3% |
| Hidden Acres | 3 | 2 | 50% | $237,000 | $216,950 | 9.2% |
| Highland Acres | 18 | 14 | 28.6% | $234,950 | $223,250 | 5.2% |
| Church Creek | 3 | 2 | 50% | $232,000 | $224,715.50 | 3.2% |
| Eagles Nest | 1 | 2 | -50% | $230,000 | $264,950 | -13.2% |
| Woodfield | 4 | 1 | 300% | $228,500 | $220,000 | 3.9% |
