Current Price

$35,322

1 Month Forecast

â–² $35,565

1-Year Forecast *

â–² $35,380

5-Year Forecast *

â–² $36,981

"Is it a good time to buy homes in Bishop?" "Does investing in real estate in Bishop (Virginia State, Tazewell County) worth it?" According to our live Forecast System, buying a house in Bishop is a not so good short-term (1-year) investment*. The Bishop average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Bishop" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Bishop in Virginia State, Tazewell County. If you are looking for homes for sale with good flipping profit, Bishop can be a profitable property investment option. The median price of an average house in Bishop was 35,322 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Bishop" area is 36,981 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +4.70% meaning that investing 100000 USD today may yield a profit of 4,697 USD by 2031.

Current Median Listing Price: 35,322 USD Median Listing Price Per Square Foot: 20 USD

Bishop Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Bishop (Virginia State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Bishop Price Target

Bishop median home price target in 12 months: $35,380* (upside of 0.2%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2024 $35,628 $35,322 $35,322 $37,812
2023 $29,250 $35,039 $28,506 $35,039
2022 $36,693 $30,387 $30,387 $36,693
2021 $35,577 $36,522 $35,536 $36,522
2020 $28,056 $35,134 $28,056 $35,134
2019 $27,071 $27,961 $27,071 $28,225
2018 $26,065 $26,816 $25,881 $26,816
2017 $25,322 $26,166 $25,280 $26,166
2016 $25,971 $25,147 $25,112 $26,517
2015 $24,509 $25,466 $23,809 $25,466
2014 $25,328 $24,641 $24,641 $25,328
2013 $26,992 $25,745 $25,745 $26,992
2012 $26,049 $27,250 $25,915 $27,549

Questions & Answers about the Bishop Housing Market Forecast

How much does an average home cost in Bishop today?

The value of an average home (the listing price) in Bishop is $35,322 USD.

What is the average price per square foot in Bishop?

According to Walletinvestor the median price per square foot in Bishop is 20 USD.

Will the median listing price of homes in Bishop grow / rise / go up?

Yes. The Bishop home prices may rise from 35,322 USD to 35,380 USD in one year.

Is it profitable to invest in Bishop homes?

Yes. The long-term profit potential is +0.17% in one year.

Will Bishop house prices fall / drop?

No. See above.

What is the predicted price of a Bishop home in 2030?

The predicted home sales price of a Bishop home in 2030 in Bishop is 37,748 USD.

What is the predicted price of a Bishop home in 2035?

The predicted home sales price of a Bishop home in 2035 in Bishop is 39,031 USD.

Will real estate prices decrease in Bishop?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Bishop is the 24711. largest city in the United States, located in Virginia State.

During the last 12 months the real estate prices in Tazewell, Bishop remained stable, looking at the past 12 months.

According to Walletinvestor's Bishop real estate market research, home values will increase in the next 12 months.

Median home values remained unchanged to 35,322 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 1.676% in 2021
  • 0.304% in 2022
  • 1.634% in 2023
  • 0.536% in 2024
  • 1.146% in 2025
  • 1.594% in 2026

Based on our Bishop real estate market research and report the predicted sales prices will increase by 1.669% in the next 10 years.

Bishop (Virginia) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Bishop Housing Market Forecast with Real Estate Prices for 2025
January 2025 35565 33609 37521
February 2025 35766 33083 38448
March 2025 35813 32626 39001
April 2025 35579 33515 37643
May 2025 35311 33334 37289
June 2025 35129 31616 38642
July 2025 35285 32674 37896
August 2025 35629 32386 38871
September 2025 35913 33759 38068
October 2025 36081 33628 38535
November 2025 35729 32978 38480
December 2025 35380 33257 37503
Bishop Housing Market Forecast with Real Estate Prices for 2026
January 2026 35035 31706 38363
February 2026 34747 31933 37562
March 2026 35085 32068 38103
April 2026 35427 31955 38899
May 2026 35479 33634 37324
June 2026 35133 33060 37206
July 2026 34790 31381 38199
August 2026 34450 31798 37103
September 2026 34114 30737 37491
October 2026 33781 31146 36416
November 2026 33451 31411 35492
December 2026 33590 31810 35370
Bishop Housing Market Forecast with Real Estate Prices for 2027
January 2027 33917 31848 35986
February 2027 34247 31918 36576
March 2027 34581 32575 36586
April 2027 34917 31530 38304
May 2027 35257 33248 37267
June 2027 35601 33785 37416
July 2027 35947 33000 38895
August 2027 36297 34047 38548
September 2027 36651 33132 40169
October 2027 37007 33344 40671
November 2027 37147 35104 39191
December 2027 37493 35056 39930
Bishop Housing Market Forecast with Real Estate Prices for 2028
January 2028 37858 35095 40622
February 2028 38227 35628 40826
March 2028 38599 35588 41610
April 2028 38891 35390 42391
May 2028 38719 36551 40888
June 2028 38341 35772 40910
July 2028 37967 34322 41612
August 2028 37596 35604 39589
September 2028 37229 34363 40096
October 2028 37486 34300 40672
November 2028 37698 35737 39658
December 2028 37748 34426 41069
Bishop Housing Market Forecast with Real Estate Prices for 2029
January 2029 37501 33863 41138
February 2029 37219 33534 40903
March 2029 37026 33953 40099
April 2029 37191 35183 39199
May 2029 37553 34511 40595
June 2029 37853 34901 40806
July 2029 38030 34569 41491
August 2029 37659 35437 39881
September 2029 37291 34345 40237
October 2029 36927 33678 40177
November 2029 36624 34024 39224
December 2029 36981 35058 38904
Bishop Housing Market Forecast with Real Estate Prices for 2030
January 2030 37341 34503 40179
February 2030 37396 33693 41098
March 2030 37031 35031 39030
April 2030 36669 33919 39419
May 2030 36311 33769 38853
June 2030 35957 32397 39516
July 2030 35606 32330 38881
August 2030 35258 33248 37268
September 2030 35404 32466 38343
October 2030 35749 32746 38752
November 2030 36097 33643 38552
December 2030 36449 33934 38964
Bishop Housing Market Forecast with Real Estate Prices for 2031
January 2031 36803 34706 38901
February 2031 37162 34449 39875
March 2031 37524 34897 40150
April 2031 37889 35540 40238
May 2031 38258 34968 41548
June 2031 38630 35463 41798
July 2031 39006 35574 42439
August 2031 39154 35356 42952
September 2031 39519 37147 41890
October 2031 39903 36392 43415
November 2031 40292 36867 43717
December 2031 40684 36982 44386

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.