Zip 78343 (Bishop, TX) Housing

The housing market in 78343 Bishop, TX is quite strong compared to the national averages. The median value of a house in the area is $120,600 while the US median house value is $338,100. Additionally, there has been an 8.27% appreciation rate nationally within the past year while houses in 78343 Bishop have appreciated at 13.46%. This indicates that prices are rising quickly and that those looking to invest or buy a home in Bishop may do so with confidence that their investment will appreciate well over time.

The median home cost in Bishop (zip 78343) is $120,600. Home appreciation the last 10 years has been 83.2%. Home Appreciation in Bishop (zip 78343) is up 14.1%.

Average Age of Homes

- The median age of Bishop (zip 78343) real estate is 49 years old

The Rental Market in Bishop (zip 78343)

- Renters make up 16.7% of the Bishop (zip 78343) population
- 1.7% of houses and apartments in Bishop (zip 78343), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Bishop, Texas	United States
	2,057.0	139,647,020.0
	46	42
	$120,600	$338,100
	14.1%	16.6%
	43.6%	57.0%
	83.2%	101.1%
	$17.50	$10.98
	$1,647	$2,690
	68.3%	57.4%
	20.7%	11.2%
	11.1%	31.4%
Vacant Housing
	1.7%	1.9%
	2.2%	0.4%
	0.7%	0.7%
	0.0%	0.4%
	2.4%	3.6%
	13.7%	4.1%
Value of Owner-Occupied Housing
	1.1%	2.6%
	16.5%	2.4%
	8.8%	2.8%
	9.4%	3.9%
	17.2%	4.5%
	25.3%	11.3%
	6.6%	13.0%
	10.3%	20.1%
	1.3%	13.6%
	2.4%	8.3%
	0.5%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.7%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.1%	13.6%
	8.1%	13.6%
	15.6%	13.6%
	14.8%	13.2%
	11.5%	14.8%
	15.6%	13.6%
	17.5%	10.0%
	7.8%	4.7%
	9.8%	12.2%

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