$370,000
4 Windsor Rd
Bishop Hills, TX
3 bd2 ba2,774 sqft$133/ft²
House27,007 sqft lot
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Compass Real Estate · Bishop Hills, TX
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Bishop Hills, TX(512) 555-0184TX License #0512847
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Bishop Hills, TX Housing Market
Seller's market
Redfin, through February 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The last median sale price Redfin published was $445,000 (through May 2026). With 1.0 months of supply and homes going under contract in about 471 days, Bishop Hills is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $445,000 home is about $2,376/mo in principal and interest.
Key numbers for Bishop Hills, TX
Median sale price
$445,000
Last published period
Redfin, through February 2026
Days on market
471
Slow-moving
Redfin, through February 2026
Active listings
1
1.0 months of supply
Redfin, through February 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$108,750
Home costs 4.1x income
U.S. Census ACS, 2023
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Bishop Hills a buyer's or seller's market?
Seller's market1.0 months of supply471 days on market
Bishop Hills, TX is a seller's market, based on 1.0 months of supply and homes selling in about 471 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Bishop Hills housing market data show?
Every row below is Redfin's final published month for Bishop Hills, TX. Redfin, through February 2026
| Metric | Value |
|---|---|
| Median sale price | $445,000 |
| Median list price | $575,000 |
| Median price per sq ft | $148/sq ft |
| Median days on market | 471 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Homes sold (that month) | 1 |
| New listings (that month) | 1 |
| Market condition | Seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Bishop Hills is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Bishop Hills is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Bishop Hills home prices moved?
Across the 16 months we hold for Bishop Hills, TX, the median sale price rose 78.1%, from $249,900 in May 2021 to $445,000.
Redfin, through February 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Bishop Hills?
Priced off the median sale price of $445,000 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $89,000 | $356,000 | $2,376/mo |
| 5% | $22,250 | $422,750 | $2,821/mo |
Redfin, through February 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,376, that implies roughly $101,814 a year before you add taxes and insurance. The median household in Bishop Hills earns $108,750, about $6,936 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 4.1x — above the historical 3x norm but in line with much of the country in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Bishop Hills in the next 12 months?
Tell us your timeline. We send the Bishop Hills market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Bishop Hills?
Zillow does not publish a rent index (ZORI) for Bishop Hills, TX, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Bishop Hills?
Active listings in Bishop Hills, TX went from 1 in May 2021 to 1 in February 2026, a +0.0% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings | New listings |
|---|---|---|
| May 2021 | 1 | not published |
| July 2021 | 2 | 1 |
| September 2021 | 1 | not published |
| November 2021 | 1 | not published |
| September 2023 | 2 | 2 |
| February 2024 | 3 | 1 |
| October 2024 | 5 | 1 |
| January 2025 | 3 | not published |
| April 2025 | 2 | 1 |
| October 2025 | 1 | not published |
| February 2026 | 1 | 1 |
Redfin, through February 2026
How does Bishop Hills compare to Texas and the U.S.?
Bishop Hills homes sell for $445,000 — 25% above the Texas median of $356,100. Against the national median of $410,700, Bishop Hills runs 8% higher.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Bishop Hills, TX | $445,000 | not published | 471 days |
| Texas statewide | $356,100 | +2.1% | 56 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through February 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Bishop Hills
What buyers should watch
- Months of supply, currently 1.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The gap between 5% and 20% down here is $445 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $445,000 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Bishop Hills listing goes under contract in 471 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- In the last published month Bishop Hills added 1 new listings against 1 sales — more clearing than arriving, which is the better window to list.
- Comparable ZIP-level pricing inside Bishop Hills varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Bishop Hills
There are currently 1 homes listed for sale in Bishop Hills, Texas. The median listing price is $575K. Featured listings range from $370,000 to $595,000.
$595,000
15 Lancaster Rd
Bishop Hills, TX
3 bd2 ba3,445 sqft$173/ft²
House1.11 acres
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Looking to buy in Bishop Hills?
Get connected with a local real estate expert — free, no obligation.
Active listings
1
Homes on market
Median list price
$575K
Avg. days on market
471
Days until sale
New this week
1
Newly listed
How much do homes cost in Bishop Hills by property type?
How the Bishop Hills, TX market breaks down across single-family homes, condos and townhouses. Redfin, through February 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $445,000 | $148/sq ft | 1 | 471 days |
Who lives in Bishop Hills?
American Community Survey estimates for Bishop Hills. U.S. Census ACS, 2023
Population
211
Households
72
Median income
$108,750/yr
Median age
50.5 years
Owner-occupied
100.0%
Median home value
$292,900
Mean commute
24.7 min
100.0% of occupied homes in Bishop Hills are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which cities are near Bishop Hills, TX?
Ordered by distance from Bishop Hills, not by size. Compare Bishop Hills side by side with any of them.
Bishop Hills housing market FAQ
Is Bishop Hills a buyer's or seller's market?
Bishop Hills, TX is currently a seller's market. That read comes from 1.0 months of supply, homes going under contract in about 471 days in the last month Redfin published (May 2026).
How much do homes cost in Bishop Hills?
The median sale price in the last month Redfin published was $445,000, about $148 per square foot.
Is Bishop Hills cheaper than the rest of Texas?
Bishop Hills's median sale price of $445,000 is 25% higher than the Texas statewide median of $356,100, and 8% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Bishop Hills?
Homes in Bishop Hills, TX spent a median of 471 days on market before going under contract, versus 56 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)
What income do you need to buy a home in Bishop Hills?
At the current 30-year fixed rate of 7.03%, 20% down on a $445,000 home is about $2,376 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $101,814 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $108,750.
Are home prices rising in Bishop Hills?
We do not hold a complete 12-month value series for Bishop Hills, TX yet, so we are not going to call a direction. The price chart above shows every period we do have.
What are the cheapest ZIP codes in Bishop Hills?
Bishop Hills ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Bishop Hills?
That depends on your timeline, not on a headline. What the data says today: Bishop Hills, TX is a seller's market with 1.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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