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These days, finding an affordable place to live in the Bishop area can be challenging. Home prices in Bishop are now at a median cost of $108,328, lower than the Virginia average of $443,089.
The average cost of rent is $916/mo in Bishop, primarily driven by the current value of real estate in the Bishop area. In Bishop, 25.74% of households rent, and 77.31% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bishop is $5,480 per month. Households that rent pay about 16.72% of their income on rent here. Bishop’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Horsepen, WV: less expensive homes
- Bishop, WV: less expensive homes
- Squire, WV: less expensive homes
- North Tazewell, VA: equally priced homes
- Tiptop, VA: equally priced homes
- Wittens Mills, VA: equally priced homes
- Sayersville, VA: less expensive homes
- Pisgah, VA: higher priced homes
- Bandy, VA: less expensive homes
- Newhall, WV: less expensive homes
Cities with Similar Populations
- Lacey, KY: equally priced homes
- Saragosa, TX: less expensive homes
- Sanford, VA: less expensive homes
- San Manuel-Linn, TX: higher priced homes
- Zell, SD: higher priced homes
- San Buenaventura, CA: higher priced homes
- Pepper, WV: higher priced homes
- Castella, CA: higher priced homes
- Stirling City, CA: higher priced homes
- Cantwell, AK: higher priced homes
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