Bishop, CA 93514 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Bishop, CA—93514

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$572,000

2.6% YoY Growth

Household Income

$81,700

43.3% YoY Growth

Days on Market

63

22.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

$2,000

0.9% YoY Growth

1-Bed Rent

$1,420

3.8% YoY Growth

2-Bed Rent

$2,000

0.0% YoY Growth

3-Bed Rent

$2,550

5.0% YoY Growth

Home Price Trends — Bishop, CA

Bishop, CA lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$572,000	2.6%
Single Family	$573,000	2.9%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	$345,000	-7.0%

Rental Trends — Bishop, CA

As of July '25, Rentcast reports the average rent in Bishop, CA is $2,170, with a year-over-year rent change of 0.9%. Per bedroom, the median rent as of July '25 in Bishop, CA is 1-bedrooms: $1,520, 2-bedrooms: $1,990, 3-bedrooms: $2,850. The most common rental property sizes in Bishop, CA are 3-bedroom and 2-bedroom, accounting for 36.8% and 33.1% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,000	$2,170
Studio Rent	N/A	N/A
1 Bed Rent	$1,420	$1,520
2 Bed Rent	$2,000	$1,990
3 Bed Rent	$2,550	$2,850
4 Bed Rent	N/A	N/A

Loading chart...

% of Rental Stock

Studio

9.0%

1 Bedroom

16.2%

2 Bedrooms

33.1%

3 Bedrooms

36.8%

4 Bedrooms

4.2%

5+ Bedrooms

0.7%

Property Listings — Bishop, CA

As of Dec '25, Realtor.com reports that the median days on market for a home in Bishop, CA is 45. This is a decrease of -20.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 19.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$835,000	0.0%
Listing Count	12	-35.0%
Listings as % of Homes	0.2%	-35.0%
Days on Market	63	-22.0%

Loading chart...

Demographics — Bishop, CA

As of the latest ACS Survey released in 2023, Bishop, CA has a population of 15,000, which has increased by 3.8% over the past 5 years. Bishop, CA is a moderately popular place for families, as children make up 20.5% of the population. The area has a moderately educated workforce, with 37.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	15,000	3.8%
% Under 18	20.5%	2.5%
% Seniors	23.8%	3.9%
% WFH	13.0%	176.6%
% w/ College Degree	37.1%	30.2%

Loading chart...

As of the latest ACS Survey released in 2023, Bishop, CA is a predominantly white area, with 59.9% of the population identifying as white. The white population has shrunk by 9.4% in the last 5 years. The second most common race or ethnicity in Bishop, CA is hispanic, making up 25.4% of the population. Foreign-born residents account for 9.0% of the population in Bishop, CA, and this percentage has increased by 4.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	59.9%	-9.4%
% Black	0.8%	33.3%
% Hispanic	25.4%	27.0%
% Asian	2.0%	5.3%
% Foreign Born	9.0%	4.7%

Loading chart...

Mortgage and Risk — Bishop, CA

According to HUD data as of 2023, there were 100 mortgage originations in Bishop, CA, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Bishop, CA. Investor activity is low, as 0.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	100
% Conventional Loans	88.0%
% Government Loans	12.0%
% Investor Loans	0.0%
% Second Loans	2.0%
% Cash Out Refinance	9.0%

Loading chart...

Rentals and Section 8 — Bishop, CA

Bishop, CA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	16
Total Units Section 8	16
% Rentals under Section 8	N/A
% Occupied Section 8	91.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$110	$1,420	$1,310
2 Bedroom	-$510	$2,000	$1,490
3 Bedroom	-$710	$2,550	$1,840
4 Bedroom	N/A	N/A	$2,470

Bishop, CA—93514

Key Metrics at a Glance

Home Price Trends — Bishop, CA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Bishop, CA

% of Rental Stock

Property Listings — Bishop, CA

Demographics — Bishop, CA

Race and Ethnicity

Mortgage and Risk — Bishop, CA

Mortgages

Rentals and Section 8 — Bishop, CA

Section 8 Market Size

Section 8 Opportunity

Affordability — Bishop, CA

Home Price to Income Ratio

Bishop, CA — ZIP Code Boundary Map

Nearby ZIP Codes

Monola, CA

Independence, CA

Hume Station, CA

Shaver Lake, CA

Lone Pine, CA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	6.7
Median Home Price	$572,000
Median Household Income	$81,700

Bishop, CA—93514

Key Metrics at a Glance

Home Price Trends — Bishop, CA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Bishop, CA

% of Rental Stock

Property Listings — Bishop, CA

Demographics — Bishop, CA

Race and Ethnicity

Mortgage and Risk — Bishop, CA

Mortgages

Rentals and Section 8 — Bishop, CA

Section 8 Market Size

Section 8 Opportunity

Affordability — Bishop, CA

Home Price to Income Ratio

Bishop, CA — ZIP Code Boundary Map

Nearby ZIP Codes

Monola, CA

Independence, CA

Hume Station, CA

Shaver Lake, CA

Lone Pine, CA

Frequently Asked Questions

What is the average home price in Bishop, CA 93514?

How have home prices in Bishop, CA 93514 changed over the past year?

What is the home price projection for Bishop, CA 93514?

What are the demographics of Bishop, CA 93514?

How long does it take homes to sell in Bishop, CA 93514?

What is the average rent price in Bishop, CA 93514?