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Featured local agent — Bishop Hill, IL

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Bishop Hill, IL

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Bishop Hill, IL(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Bishop Hill, IL Housing Market & Real Estate

Leaning buyer's

Housing market overview · Updated monthly ·

$220,000median sale price

How is the Bishop Hill, IL housing market right now?

The median home sale price in Bishop Hill, IL is $220,000. Homes sell in an average of 180 days. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of November 2024 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Bishop Hill a buyer's or seller's market?

Leaning buyer's180 avg. days on market

Bishop Hill, IL is currently a leaning buyer's and homes selling in about 180 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

180

Average pace

Active listings

Sale-to-list

97.8%

Below asking

What does the Bishop Hill housing market data show?

Current housing market statistics for Bishop Hill, IL
MetricValue
Median sale price$220,000
Average days on market180 days
Sale-to-list price ratio97.8%
Median price per sq ft$62/sq ft
Homes sold (latest month)1
Market conditionLeaning buyer's

Source: Redfin · Updated monthly

How much do homes cost in Bishop Hill by property type?

How the Bishop Hill, IL market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Bishop Hill, IL
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$220,000$62/sq ft1180 days

Source: Redfin · Updated monthly

The Bishop Hill housing market is currently classified as a leaning buyer's with a median sale price of $220,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 180 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Homes for sale in Bishop Hill

Explore homes currently listed for sale in Bishop Hill, Illinois across major real estate platforms.

Sale-to-list:97.8%

Who lives in Bishop Hill?

Population

156

Median income

$52,500/yr

Median age

61.1 years

Owner-occupied

83.8%

College grads

27.6%

Avg commute

35.3 min

Source: U.S. Census Bureau ACS

What is it like to live in Bishop Hill?

Bishop Hill is a community of approximately 0K residents with a median age of 61.1 years.The median household income is $52,500, which represents a working-class community with solid middle-income opportunities. 27.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 83.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 35.3 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Bishop Hill offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Bishop Hill, IL?

Want a head-to-head view? Compare Bishop Hill side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Bishop Hill?

The median home sale price in Bishop Hill is $220,000, down 0.0% from last year.

How long do homes stay on market in Bishop Hill?

Homes typically spend 180 days on market before going under contract.

What is the median income in Bishop Hill?

The median household income is $52,500 per year.

How much does a single-family home cost in Bishop Hill?

The median single-family home price in Bishop Hill, IL is $220,000 (about $62 per square foot).

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