A typical Bishop home is worth roughly $231,000
What kind of housing town is Bishop?
Read from the numbers below. The page puts what stands out first.
A typical home costs 2.7 years of income
Less than across Illinois (3.6 years). Try your own numbers below.
That covers a typical Bishop home, with $74K to spare.
A two-bedroom rents for about $920 a month here, $570 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Bishop’s typical property tax (1.44% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
80% of Bishop households own their home
Half of Bishop’s homes were built before 1995.
Illinois: 67% own.
U.S. Census Bureau, American Community Survey 2020-2024.
A two-bedroom rents for about $920
Renters already here pay a median of $681, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Clay County, IL): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Bishop vs. its neighbors
Bishop is the priciest of 4 neighboring towns. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Bishop | $231K* | — | $920 | $84,231 |
| St. Francis | $172K* | — | $920 | $81,607 |
| Watson | $170K | +5.1% | $920 | $77,209 |
| North Muddy | $95K* | — | $1,010 | $66,964 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Bishop buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.