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Housing in Bishop Township

7 homes sold in Bishop Township in the last year, at a typical $345K

Redfin reports Bishop Township’s sales by ZIP code, so these figures are for ZIP 62424, which takes in Bishop Township and the area around it. Almost every sale is a house. Below: a shortcut to every site where Bishop Township homes are listed.

Homes for sale in Bishop TownshipZillowRealtor.comMore places to look ↓
Homes sold
7
ZIP 62424 · June 2025 to May 2026
Typical sale price
$345K
median, weighted by sales
Price per square foot
$164
Illinois $193
Paid vs. asking
96.2%
14% sold over asking
For sale now
1
May 2026 · 0 sold that month
Rent or buy?

Owning the typical Bishop Township home costs about $2,214 a month

Mortgage
Property tax
Insurance
Rent

Price: Bishop Township’s typical sale, last 12 months. Property tax at Bishop Township’s 1.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Bishop Township is affordable on local pay is on Cost of living.

Before you buy in Bishop Township

Five things worth knowing

1.4%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $345K home, about $4,980 a year.

Taxes vs. neighbors
A

Schools

The schools grade for Bishop Township, from test results, graduation and how much students grow.

Schools in Bishop Township
23 min

Typical commute

The average one-way trip to work for people who live in Bishop Township.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Selling, or renting out?

Post your home to Bishop Township, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Bishop Township. People who follow the town see it, and so do people comparing Bishop Township with their own town. No commission, no listing fee.

Questions about buying a home in Bishop Township

What do homes sell for in Bishop Township, IL?

7 homes sold in the year to May 2026 at a typical $345K, $164 a square foot.

Is Bishop Township a buyer’s or seller’s market?

A seller’s market: 1 homes were for sale in May 2026 and 0 sold, about 1 months of supply. Buyers paid 96.2% of asking on average.

How much are property taxes in Bishop Township?

About 1.4% of a home’s value a year. On a $345K home that’s near $4,980.

Where can I see homes for sale in Bishop Township?

Zillow, Redfin, Realtor.com and Homes.com all carry Bishop Township’s MLS listings; the search links above open each one filtered to Bishop Township.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 62424, which takes in Bishop Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).