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Cheap Homes in Bishop, CA

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Bishop, CA Foreclosures

How much do homes sell for in Bishop, CA?
The average home price is currently $534,493.
What’s the average rental cost in Bishop, CA?
The average rental price in Bishop is $1,780.
What is the most expensive home in Bishop?
The most expensive home sold in Bishop had a price of $27,110,016.
What is currently the cheapest priced home in Bishop, CA?
The cheapest home for sale in Bishop is priced at $12,474.

Living in Bishop, CA

Bishop, California, is a picturesque small town situated in the Owens Valley, surrounded by breathtaking mountain vistas. Known for its outdoor recreation opportunities, including hiking, fishing, and skiing, it offers a laid-back lifestyle with a vibrant arts community. With a mix of local shops and restaurants, families and outdoor enthusiasts alike find Bishop an appealing place to call home.

Current Market Conditions in Bishop, CA

The real estate market in Bishop is currently showing signs of growth, driven by a combination of outdoor tourism and its appeal as a tranquil living destination. Listings are often competitive, and properties are frequently selling above asking price, reflecting a robust demand in this scenic area. It’s a prime time for home sellers as buyers search for homes near recreational spots and beautiful scenery.

In recent months, the market has seen an increase in the average home price, along with a decrease in the number of available listings. This trend indicates that the demand for homes in Bishop is steadily rising, and buyers are looking to secure properties before prices climb even higher.

Home Value Estimator For Bishop, CA

There are currently 6,852 real estate properties in Bishop, CA, with a median automated valuation model (AVM) price of $486,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Bishop, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Bishop, CA, is $534,493.00, with the most expensive house in Bishop, CA, topping out at $27,110,016.00 and the cheapest home in Bishop, CA, clocking in at $12,474.00. In other words, there’s something for every potential homebuyer or savvy investor in Bishop, CA!

Rent Prices In Bishop, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bishop, CA, is on a rollercoaster ride. The average rent price in Bishop, CA, is $1,780.00. Indeed, when looking to rent in Bishop, CA, you can expect to pay as little as $630.00 or as much as $3,700.00, with the average rent median estimated to be $1,720.00. The good news is that finding an affordable and desirable property to rent in Bishop, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Cheap Homes in Bishop, CA


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