The housing market in Bishop, CA has been steadily increasing over the past year. The median value of a house is just over $498,800 compared to the US median value of $338,100. Over the past year, there has been an 8.27% appreciation rate for houses across the US, however, in Bishop, CA that appreciation rate was 3.84%. Despite this lower appreciation rate, it's still a good indication that the housing market in Bishop is on a positive trajectory.
The median home cost in Bishop is $498,800. Home appreciation the last 10 years has been 182.0%. Home Appreciation in Bishop is up 11.6%.
Average Age of Homes
- The median age of Bishop real estate is 57 years old
The Rental Market in Bishop
- Renters make up 55.5% of the Bishop population
- 1.6% of houses and apartments in Bishop, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.