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Foreclosure Homes in Bishop, TX

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Bishop, TX Foreclosures

Current Market Conditions in in Bishop, TX As of March 2026?
Over the past month, the housing market in Bishop has remained robust, with new listings quickly garnering interest among first-time home buyers and investors alike. The average time on the market has shortened, suggesting a rise in demand. Additionally, a slight uptick in property prices indicates a stronger negotiating position for sellers, although homes still remain within reasonable price ranges for the area.
How much do homes sell for in Bishop, TX?
The average home price is currently $170,261.
In Bishop, TX, how many homes are available?
There are currently 10 active home listings available in Bishop.
What’s the average rental cost in Bishop, TX?
The average rental price in Bishop is $1,197.
What is the most expensive home in Bishop?
The most expensive home sold in Bishop had a price of $3,542,500.
What is currently the cheapest priced home in Bishop, TX?
The cheapest home for sale in Bishop is priced at $15,349.

Living in Bishop, TX

Bishop, TX, is a serene and friendly town perfect for those seeking a quieter lifestyle. The community is close-knit with ample amenities that include local dining and shopping options. Excellent schools and outdoor activities make it an ideal choice for families and individuals alike.

Buyer vs Seller Market in Bishop, TX

The real estate market in Bishop has shown steady growth, with a mix of single-family homes and rental properties attracting both buyers and investors. Home prices have experienced a gradual increase, reflecting the desirability of the area while maintaining affordability compared to larger urban centers nearby.

Currently, the market is characterized by a competitive landscape, with homes often receiving multiple offers within days of being listed. This indicates a growing interest in the area, suggesting that potential buyers are recognizing the benefits of residing in a small town with distinct community values.

Home Value Estimator For Bishop, TX

There are currently 1,768 real estate properties in Bishop, TX, with a median automated valuation model (AVM) price of $144,448.00. 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, TX, 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, TX, is $170,261.00, with the most expensive house in Bishop, TX, topping out at $3,542,500.00 and the cheapest home in Bishop, TX, clocking in at $15,349.00. In other words, there’s something for every potential homebuyer or savvy investor in Bishop, TX!

Rent Prices In Bishop, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bishop, TX, is on a rollercoaster ride. The average rent price in Bishop, TX, is $1,197.00. Indeed, when looking to rent in Bishop, TX, you can expect to pay as little as $630.00 or as much as $2,320.00, with the average rent median estimated to be $1,170.00. The good news is that finding an affordable and desirable property to rent in Bishop, TX -- 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.

Bishop, TX Foreclosures


Market Trend for Bishop, TX

Total Listings Available: 10

Market Values:

Home Prices from $15,349 to $3,542,500

Average Sales Price: $170,261

Rental Values:

Rental from $630 to $2,320

Average Rent Value: $1,197 / month

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