The median home value in Bishop, TX is $173,792. This is lower than the county median home value of $244,688. The national median home value is $308,980. The average price of homes sold in Bishop, TX is $173,792. Approximately 66% of Bishop homes are owned, compared to 20% rented, while 13% are vacant. Bishop real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Bishop real estate agent to arrange a tour today! Learn more about Bishop Real Estate.