Market Intelligence Report — CA-860

Bishop, CA

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

Ref. No: 2026-CA-07
As of the latest 2026 data
Accelerated

Median Listing

$594K
-0.4% YoY

Pending Ratio

0.51
+14.0% YoY

Active Inventory

32
+10.5% YoY

Median DOM

76 Days
+4.8% YoY

Primary Intelligence Tool — Sold Score™

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The Bishop market is currently in an Accelerated condition, driven by a pending ratio of 0.51 alongside a substantial 14.0% year-over-year increase in this metric. This indicates demand absorption strengthening relative to available inventory.

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.

Active listings have expanded by 10.5% over the past year, while new listings remained stable. Despite this inventory growth, the pending ratio experienced a significant 14.0% increase year-over-year, suggesting an acceleration in transaction pace. The median listing price declined by 0.4% year-over-year, but saw a 10.1% month-over-month increase, while median price per square foot rose by 17.4% over the past year.

Historical Analysis

Market Trends

Median Price

$594K+10.1% MoM

Active Inventory

32+10.5% YoY

Days on Market

76+4.8% YoY

Sold Score™

58+14.0% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

58
Aug 23Jul 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Aug 23Jul 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Aug 23Mar 24Oct 24May 25Dec 25Jul 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 indicating an Accelerated condition and a substantial increase in pending activity, the market suggests a quicker pace of transactions. This environment places increased pressure on available inventory, potentially requiring greater price discipline for properties that remain on the market for extended periods, as median days on market increased by 4.8% over the past year.

Luxury Segment

The average listing price increased by 2.1% year-over-year, while the median listing price declined by 0.4% over the same period. This divergence suggests some softness within the higher price tiers relative to the market median, though overall average price growth remains positive.

Supply Dynamics

32 active listings represent the current floor, with new supply arriving at roughly 12 per month.

Pricing Pressure
9.0%

of active listings carry a price reduction, -14.2% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +17.4% year-over-year.

Absorption
0.51

Pending-to-active ratio — Accelerated.

Recommended For This Market

Accelerated

Selling in Bishop, CA? Homes here are taking 4 days longer to sell than last year.

Bishop, CA is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
51%
Median Days on Market
76 days
Inventory YoY
+11%

Bishop, CA is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

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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

Analysis FAQ
  • What is the current market condition in Bishop?+

    As of the latest 2026 data, the Bishop metro is classified as Accelerated. Pending ratio is 0.51 with median days on market at 76.

  • Are home prices dropping in Bishop?+

    Median listing price is $594K, -0.4% year over year. 9.0% of active listings carry a price reduction.

  • How fast are homes selling in Bishop?+

    The typical listing sits 76 days on market, a +4.8% change YoY. New listings are arriving at 12 per month.

  • What's happening in the Bishop luxury market?+

    The average listing price increased by 2.1% year-over-year, while the median listing price declined by 0.4% over the same period. This divergence suggests some softness within the higher price tiers relative to the market median, though overall average price growth remains positive.

  • Where can I find a trusted Bishop real estate expert?+

    Primpted maintains a vetted registry of Bishop agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 13860 · 36mo history