Is Bishop, GA 30621 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Bishop is a balanced market. With about 4.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score11/ 100

More competitive than 5% of U.S. ZIP codes, and #347 of 371 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4.6Under 4 months = seller’s market
Sold above original list5%Share of sales, last 3 months
Median sale-to-list96.4%Sold price ÷ list price
Median days on market134Listing to accepted offer
Median price per sq ft$208▼ −2.1% vs. last year

The Bishop housing market right now

In the three months ending August 31, 2026, 5% of homes in Bishop, GA 30621 sold above their list price, the typical home went under contract in 134 days and there were 4.6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 21 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (7% then), homes sold more slowly (66 days then) and the median sale price rose 13% to $694,200. Overall, Bishop is less competitive than a year ago, which gives buyers more room.

On our competition score, Bishop ranks #347 of 371 GA ZIP codes with enough sales (score 11 out of 100).

Nearby, buyers who want less competition could look at Bogart 30622 (3% sold over asking), while Watkinsville 30677 (14% sold over asking) is even more competitive.

Nearby markets

Bogart 30622Seller’s market $221 /sq ftWatkinsville 30677Seller’s market $220 /sq ft Browse all markets →

Where Bishop is

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Questions about Bishop real estate

Is Bishop a buyer’s or seller’s market?

A balanced market: there were 4.6 months of supply in Bishop, GA 30621 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Bishop?

The typical home went under contract in 134 days in the latest three months.

Do homes in Bishop sell over asking?

5% of homes sold above their original list price, and the typical sale closed at 96.4% of the list price.

What are property taxes in Bishop?

About 0.70% of a home’s value a year in Oconee County, or roughly $2,800 on a $400,000 home.

What is the median home price in Bishop?

The median sale price was $694,200 in the three months ending August 31, 2026, about $208 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology