Bishop, CA Housing Market

Bishop, CA's median home value is $338K. Homes here sell in a median 50 days. Its PropertyIQ Score of 67 sits well above the state average of 50, marking a market positioned to outperform its state over the next three years.

Whether you're considering buying a home, investing in rental property, or weighing entry timing in the Bishop, CA area, the PropertyIQ Score gives you a single, data-first read on relative market strength. It is validated against actual market outcomes from 2001 to 2023, with a positive score-to-return relationship in every validated year across CA and every other US state.

Pacific Coast housing markets feature the nation's highest price points alongside strong wage growth from technology, entertainment, and trade sectors. Supply constraints from geographic barriers and regulatory environments create persistent affordability challenges but also strong long-term appreciation potential. Within the Pacific, Bishop, CA's PropertyIQ Score of 67 ranks among the Pacific's stronger demand signals.

California's housing market is defined by extreme supply-demand imbalance, with CEQA regulations and geographic constraints limiting new construction. Despite affordability challenges, strong wage growth in tech and entertainment sectors sustains prices.

Each month, PropertyIQ updates its score for Bishop, CA using four inputs: Zillow ZHVI twelve-month and three-month momentum, Realtor.com median days on market, and the Realtor.com share of listings with price cuts. These four signals are combined into a single 1 to 99 score computed across all metro markets and calibrated so 50 represents the state average, making it a direct read of how this market is positioned to perform relative to its state.

Use PropertyIQ's interactive analytics to compare Bishop, CA against any other US metro on its PropertyIQ Score and underlying metrics. Generate a free AI market report, explore historical trends on the graphs page, or see how this market ranks on the scores dashboard.