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Land Foreclosures in Bishop, TX 78343

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Bishop, TX Foreclosures

Current Market Conditions in in Bishop, TX As of February 2026?
In the past month, the Bishop real estate market has shown signs of increased activity, with a rise in home showings and a series of new listings. This uptick in interest can be attributed to the ongoing affordability of housing compared to nearby urban areas. Sellers are seeing good feedback from potential buyers, and the average home price has stabilized as demand continues to grow.
How much do homes sell for in Bishop, TX?
The average home price is currently $171,399.
In Bishop, TX, how many homes are available?
There are currently 1 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 quaint town offering a relaxed lifestyle with a strong sense of community. Surrounded by beautiful landscapes, it's perfect for outdoor enthusiasts. It has good schools and amenities, making it a great choice for families and those looking to escape city life.

Buyer vs Seller Market in Bishop, TX

Bishop's real estate market has seen steady growth over the past year, with home prices gradually increasing as demand rises. The town retains its charm while offering affordable housing options, making it attractive for first-time homeowners and retirees alike.

The current market conditions indicate a relatively balanced inventory, with a mix of homes available for both buyers and investors. The average time on market for homes in Bishop has decreased, reflecting a healthy interest in the area.

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 $149,158.00. 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 $171,399.00, 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 78343 Land

Market Trend for Bishop, TX

Total Listings Available: 1

Market Values:

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

Average Sales Price: $171,399

Rental Values:

Rental from $630 to $2,320

Average Rent Value: $1,197 / month

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