Is Bishopville, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2021
At the same time last year, 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.
How much do homes in Bishopville, MD cost?
Median Sold Price
$600,000
$239/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2021
+$140,000(+30.4%)
Key Takeaway
Homes in Bishopville have sold for 30.4% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Oct 2021 | Oct 2022 | % |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $205K | - | N/A |
| 3 Bedrooms | $350K | $437K | +24.9% |
| 4 Bedrooms | $487K | $696K | +42.9% |
| 5+ Bedrooms | $855K | $999K | +16.8% |
Median Sold Price Compared To Nearby Cities
| Bishopville | $460K | $600K | +30.4% |
| Ocean City | $350.5K | $403.8K | +15.2% |
| Selbyville | $348.9K | $400.1K | +14.7% |
How many homes are available in Bishopville, MD?
Number of Homes For Sale
| Sep 2022 | Oct 2022 | % |
|---|---|---|
| 16 | 15 | -6.3% |
Homes For Sale By Bedroom Count
| # BEDS | Sep 2022 | Oct 2022 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Number of Homes Sold
| Sep 2022 | Oct 2022 | % |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was 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. 50% of homes here sold below asking price last month.
Average Sale Time
| Oct 2021 | Oct 2022 | % |
|---|---|---|
| 36 Days | 1 Day | -97.2% |
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bishopville are selling fast, if you're buying plan to act quickly.
