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 Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bishopville, MD
How much do homes in Bishopville, MD cost?
Median Sold Price
$1,070,000
$447/sqft
Based on all homes sold in June 2024.
Difference Since Last Month
Key Takeaway
Homes in Bishopville have sold for 114% more than they did a month ago.
Summary: The median home sold price in Bishopville was $1,070,000 in June 2024, up 114% from last month, and the median price per square foot was $447.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $499.9K | $1.0M | +114.0% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Bishopville housing prices by bedroom type for June 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 114%, 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
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Summary: The Bishopville real estate market had 8 homes for sale in June 2024, a 14.3% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Bishopville housing inventory by bedroom type for June 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 remained the same.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bishopville, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Bishopville in June 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% 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
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 335 Days | 65 Days | -80.6% |
Summary: Homes in Bishopville had an average of 65 days on market in Jun 2024, down by 80.6% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Bishopville has remained consistent over time.
Summary: During June 2024, 1 homes were sold in Bishopville; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
