Market Intelligence Report — CA-860

Bishop, CA

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-CA-05
As of the latest 2026 data
Cooling

Median Listing

$530K
-17.8% YoY

Pending Ratio

0.41
-8.8% YoY

Active Inventory

34
+0.0% YoY

Median DOM

50 Days
+56.3% YoY

Primary Intelligence Tool — Sold Score™

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The Bishop, CA market is exhibiting cooling conditions as of May 2026. The pending ratio stands at 0.41, representing an 8.8% decline year-over-year. Median listing prices have experienced a significant year-over-year contraction of 17.8%, settling at $530,000.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Bishop market right now.

The market is characterized by softening demand, indicated by the falling pending ratio. While active listings remain stable year-over-year, the median days on market have increased by 56.3% year-over-year to 50 days, suggesting slower absorption. The share of price reductions has also modestly increased by 0.8% year-over-year. New listings and total listings remain consistent with the prior year.

Historical Analysis

Market Trends

Median Price

$530K-10.5% MoM

Active Inventory

34+0.0% YoY

Days on Market

50+56.3% YoY

Sold Score™

52-8.8% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

52
Jun 23May 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Jun 23May 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Jun 23Jan 24Aug 24Mar 25Oct 25May 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio of 0.41 and an upward trend in days on market, the market does not favor rapid transactions. Elevated days on market and increasing price reductions suggest that buyers have greater latitude for price negotiation. Sellers may need to practice price discipline to align with current demand absorption rates.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

34 active listings represent the current floor, with new supply arriving at roughly 16 per month.

Pricing Pressure
11.6%

of active listings carry a price reduction, +0.8% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +3.4% year-over-year.

Absorption
0.41

Pending-to-active ratio — Cooling.

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Metro Demographics

Metro Area
Bishop, CA
CBSA Code
13860
State
CA

ZIPs in Bishop, CA

Sorted by active inventory · click a ZIP for its full report