Bishop
Housing Market
Median sale price $732,925, down 3.5% year over year, with homes going under contract in about 46 days, 13 homes on the market.
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Housing Market Analyst
Inventory sits at 6.2 months of supply — heavy by the 3-to-6-month balanced benchmark, and 3% of listed homes are already under contract. Prices are down 3.5% versus the prior year, but sellers are still collecting 95.9% of asking. Taken together, the data leans toward buyers — leverage is real for those ready to use it.
Who has leverage right now
Leverage scores are derived from the Momentum Score (supply, demand, speed, pricing power, and trend). Right now the data favors neither side decisively.
- Prices — heavy supply keeps the pressure on sellers; softening is the path of least resistance.
- Negotiating power — buyers gain ground as 3% of inventory sits under contract.
Derived from current Bishop data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
One inventory number hides four different markets
Months of supply = active listings ÷ monthly sales pace, bucketing communities by their recent median. 3–6 months is the balanced band.
The read on Bishop
The median sale price across Bishop currently stands at $732,925, down 3.5% from a year ago. Buyers are paying a median of $195 per square foot. The typical home goes under contract in about 46 days. Sellers are capturing 95.9% of their original asking price on average.
There are 13 active listings on the market, with 1 more already under contract. At the current sales pace that works out to 6.2 months of supply — a buyer-leaning market by the standard six-month benchmark. 25 homes closed here over the trailing 12 months.
Bishop prices sit above the Oconee County median by roughly 15%.
Weighing supply, demand, speed, pricing power, and trend together, the Momentum Score for Bishop is 44 of 100 — buyer's opportunity territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of September 21, 2026.
Where the market is heading
Median price · daily recalculation
The calls we’re making from today’s data
The sharpest 1-yr median swing among tracked communities. Thin samples can exaggerate swings — verify with a comp analysis before treating it as trend.
Buyers: ask for concessions — rate buydowns and repair credits are back on the table. Sellers: presentation and the first two weekends decide your outcome; price accordingly.
Generated from today’s data by Momentum’s analysis engine and reviewed on a rolling basis by our broker team.
How it stacks up across Oconee County
| Market | Median | Active | Score | |
|---|---|---|---|---|
| Bishop ← this page | $733K | 13 | 44 | |
| Bogart | $577K | 32 | 48 | Open → |
| Watkinsville | $659K | 22 | 49 | Open → |
Neighborhoods on the move
| Lane Creek PlantationBishop | $733K | ▲ -4% |
| Lane Creek PlantationBishop | $733K | ▼ 4% |
| Boulder SpringsBishop | $775K | 8 |
| Lane Creek PlantationBishop | $733K | 3 |
| Lane Creek PlantationBishop | $733K | 42 days |
Bishop ZIP codes
Most active communities
Put this data to work
The questions people actually ask
Should I buy a house in Bishop right now?
The data says conditions currently favor buyers in Bishop — the Momentum Score reads 44/100 with 6.2 months of supply. For buyers that means preparation over hesitation: well-priced homes still move fast, but there is more room to negotiate than a year ago. The right timing always depends on your rate, your equity, and how long you plan to stay — not just the market.
Is Bishop becoming more affordable?
Yes, modestly — the median sale price in Bishop is $732,925, down 3.5% versus the prior year, while sellers still capture 95.9% of asking price. Softening prices plus normal-length marketing times mean affordability is improving at the margin, though financing costs matter more than list prices for most monthly payments.
Where are prices falling fastest in Bishop?
Among tracked communities with enough sales to measure, the sharpest 1-year median declines are Lane Creek Plantation (-4%). Note that community-level medians move on small sale counts — a few high- or low-end closings can swing them — so treat these as leads for a comp analysis, not verdicts.
Which Bishop neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are Lane Creek Plantation (42 days) — homes there go under contract well ahead of the market-wide pace of 46 days.
How does Bishop compare to the rest of Oconee County?
Bishop's median of $732,925 runs 15% above the county-wide median of $639,990, and homes here take 46 days to go under contract versus 61 county-wide.
Bishop housing market FAQ
How is the housing market in Bishop right now?
As of September 21, 2026, the Bishop housing market is roughly balanced: the median sale price is $732,925 (down 3.5% year over year), 13 homes are for sale against 25 sales in the last 12 months, which is 6.2 months of supply, and the typical home goes under contract in about 46 days.
How much is a house in Bishop?
The median home sold for $732,925 in Bishop over the last 12 months, about $195 per square foot; asking prices on the 13 current listings run from well below to well above that, and the community pages linked below show what each neighborhood actually sells for.
Is it a good time to sell a house in Bishop?
By the numbers, sellers in Bishop are getting 95.9% of asking price and going under contract in about 46 days with 6.2 months of supply. Under four months of supply generally favors sellers; over six favors buyers. Whether it is a good time for you depends on what you paid and where you are going next, which is a conversation with an agent, not a chart.
What is the Bishop housing market forecast?
Momentum Realty publishes the recorded trend, not a prediction: Bishop median sale prices are down 3.5% year over year, inventory stands at 6.2 months of supply, and 3% of listings are under contract. The charts on this page update with every MLS refresh, so the direction shows up here before any forecast catches it.
What is the median home price in Bishop?
The median sale price in Bishop is currently $732,925, down 3.5% from a year ago, based on MLS sales data updated September 21, 2026.
Is Bishop a buyer's or seller's market right now?
The data currently is roughly balanced. Bishop scores 44 of 100 on the Momentum Score, with 6.2 months of housing supply. Conditions change; this page updates daily.
How long do homes take to sell in Bishop?
The typical home in Bishop goes under contract in about 46 days, per current MLS data.
How many homes are for sale in Bishop?
There are approximately 13 active listings in Bishop as of September 21, 2026.
Are home prices in Bishop rising or falling?
Median sale prices are down 3.5% year over year based on a rolling comparison of MLS sales.
Momentum agents use this intelligence every day to price listings and write winning offers across Bishop. Talk through what the numbers mean for your move.
Every number on this page is computed directly from licensed Georgia MLS feeds, recorded public sales and public records — nothing is manually adjusted or estimated by hand. Medians use recorded closed sales; supply figures use live listing counts refreshed twice daily; the Momentum Score methodology is summarized .
Analyst oversight: Jon Brooks — Co-Founder, Momentum Realty · CEO, Momentum Research · Housing Market Analyst · methodology reviewed quarterly · Last data refresh: September 21, 2026 at 8:13 PM ET
Statistics on this page are computed automatically from licensed MLS feeds and public data sources (public records) and summarized without manual review. Figures are estimates based on recent recorded activity, are deemed reliable but not guaranteed, and should be verified with a licensed agent before making decisions. This page does not constitute an appraisal or an automated valuation of any specific property. Momentum Realty is licensed in Florida and Georgia. Equal Housing Opportunity.