Bishop, GA—30621
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bishop, GA
As of Oct '25, the median home price in Bishop, GA is $604,000, with a year-over-year change of 2.2%. This indicates that home prices in Bishop, GA are increasing. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $604,000 | 2.2% |
| Single Family | $604,000 | 2.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $451,000 | 0.9% |
4 Bed | $638,000 | 2.2% |
| 5 Bed | $760,000 | 0.1% |
% of Housing Stock
Rental Trends — Bishop, GA
As of July '25, Rentcast reports the average rent in Bishop, GA is $1,900, with a year-over-year rent change of -11.2%. Per bedroom, the median rent as of July '25 in Bishop, GA is 3-bedrooms: $1,900. The most common rental property sizes in Bishop, GA are 3-bedroom and 2-bedroom, accounting for 50.0% and 43.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $1,900 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,800 | $1,900 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Bishop, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Bishop, GA is 69. This is a increase of 30.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 9.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $823,000 | 5.0% |
Listing Count | 44 | 80.0% |
| Listings as % of Homes | 0.9% | 80.0% |
Days on Market | 69 | 30.0% |
Demographics — Bishop, GA
As of the latest ACS Survey released in 2023, Bishop, GA has a population of 6,320, which has increased by 10.3% over the past 5 years. Bishop, GA is a moderately popular place for families, as children make up 24.4% of the population. The area has a highly educated workforce, with 47.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,320 | 10.3% |
% Under 18 | 24.4% | -5.1% |
% Seniors | 16.1% | 12.6% |
% WFH | 17.9% | 198.3% |
% w/ College Degree | 47.2% | -0.6% |
As of the latest ACS Survey released in 2023, Bishop, GA is a predominantly white area, with 84.3% of the population identifying as white. The white population has shrunk by 3.5% in the last 5 years. The second most common race or ethnicity in Bishop, GA is hispanic, making up 4.0% of the population. Foreign-born residents account for 3.8% of the population in Bishop, GA, and this percentage has decreased by 17.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 84.3% | -3.5% |
% Black | 3.5% | -41.7% |
% Hispanic | 4.0% | 5.3% |
% Asian | 1.9% | -5.0% |
% Foreign Born | 3.8% | -17.4% |
Mortgage and Risk — Bishop, GA
According to HUD data as of 2023, there were 224 mortgage originations in Bishop, GA, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Bishop, GA. Investor activity is low, as 5.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 224 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Bishop, GA
Bishop, GA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,140 |
| 2 Bedroom | N/A | N/A | $1,300 |
| 3 Bedroom | -$100 | $1,800 | $1,700 |
| 4 Bedroom | N/A | N/A | $2,020 |
Affordability — Bishop, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.5 |
| Median Home Price | $604,000 |
| Median Household Income | $119,000 |