Bishops Falls, Newfoundland and Labrador, Canada
As of August 12, 2026, the median asking price in Bishops Falls is $234,900, across 21 active MLS® listings.
Those listings have been on the market an average of 174 days.
7 new listings came to market in Bishops Falls in the last 30 days.
Asking prices work out to about $144 per square foot, based on the 18 listings that report floor area.
Detached homes in Bishops Falls are listed at an average of $316,244 across 16 active listings.
Bishops Falls is a small, close-knit Central Newfoundland community on the Exploits River, with neighbourhoods largely consisting of low-density detached homes on quiet streets and a few small apartment/duplex pockets near the town centre and main routes. The area skews toward families, trades workers, and retirees, with a generally stable year-round population and some seasonal activity tied to outdoor recreation (river trails, parks, and nearby salmon/boating access). Daily amenities are local—groceries, pharmacy needs, restaurants, and municipal services—while larger-format shopping and many specialized services are typically accessed in nearby Grand Falls-Windsor.
Schools and community facilities serve the town and surrounding area, with local options for primary/elementary and access to broader programs in the regional school network. Transit is limited; most residents rely on personal vehicles, and Highway 1 connectivity supports commuting and contractor travel. Real estate is characterized by comparatively affordable purchase prices, modest turnover, and value driven by property condition and lot size. Recent market trends in Central NL have generally shown steady-to-strong appreciation from a low base and improving liquidity versus pre-2020 norms, while rental demand is supported by limited purpose-built supply and local employment/service needs—though tenant pools are smaller than in major centres and rents can be sensitive to local job conditions.
Bishops Falls currently has 22 active for-sale listings with a median asking price of $242,400 and an average of $147 per sq ft, suggesting relatively attainable pricing with value varying by property type and condition. Homes are taking an average of 165 days on market, pointing to a slower-moving, buyer-leaning environment where negotiation room may be present, while 7 new listings in the past 30 days indicate fresh inventory and continued choice for buyers and investors watching for well-priced opportunities.
The median asking price in Bishops Falls is $234,900, across 21 active MLS® listings as of August 12, 2026. The average asking price is $286,324. These are list prices on homes currently for sale, not sale prices.
There are 21 active MLS® listings in Bishops Falls as of August 12, 2026. 7 of them came to market in the last 30 days.
Homes currently listed in Bishops Falls have been on the market an average of 174 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.
Of the 21 homes currently listed in Bishops Falls, 76% detached houses, 14% vacant land.